The theoretical literature identifies three important entrepreneurial dimensions,namely discovering new opportunities, responsiveness to uncertainty, and coordination of a firm.In the empirical literature, past experience has been identified as having an important influenceon organizational...

This paper revisits Ernst Engel's (1857) original article in which he systematically in-vestigated the relationship between consumption expenditure and income. While he ismainly remembered today for the discovery of Engel's law, we highlight how Engel ad-dressed in a particular way the issue of...

Management scholars have long stressed the importance of evolutionary processsesfor inter-firm cooperation but have mostly missed the promising opportunityto incorporate ideas from evolutionary theories into the analysis of collaborativearrangements. In this paper, we first present three rules...

In a Small Fish War two agents interacting on a body of waterhave essentially two options: they can …sh with restraint or without.Fishing with restraint is not harmful; …shing without yields a higherimmediate catch, but may induce lower future catches.Inspired by recent work in biology, we...

Local industrial clusters have attracted much attention in the recenteconomic and geographical literature. A huge number of case studies have beenconducted. This paper presents a meta-analysis of the case studies of 159 localindustrial clusters in various countries and industries. Based on an...

This paper lays out an evolutionary theory for the cognitive foundations and cultural emergenceof the extravagant displays (e.g., ritual mutilation, animal sacrifice, and martyrdom) that have sooften tantalized social scientists, as well as more mundane actions that influence cultural...

This paper presents a simple mathematical model that shows how economic inequalitybetween social groups can arise and be maintained even when the only adaptive learningprocesses driving cultural evolution increases individual’s economic gains. The keyassumption is that human populations are...

New knowledge with potential commercial value is created, replicated, and transferred in adistributed manner. The highly systemic nature of knowledge production and the need for anyknowledge to be individually acquired and expressed in order to produce an effect, jointlyconstrain the dynamics of...

Necessity spin-offs are organized by employees of incumbent firms to escape deterioratingjob conditions. This paper proposes a conceptual model of the spin-off process. Necessityspin-offs are distinguished from opportunity spin-offs on the basis of their triggering events.An empirical analysis...

The paper aims to account for the empirical stylised facts re-lated to changes in sectoral structures that have led to the growthof services in most advanced countries over recent decades. A growthmodel with evolutionary micro{founded structural change is devel-oped, which formalises the role of...