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The EU competition policy in regard to vertical restraints is mainly based upon neoclassical efficiency-oriented reasonings, leading to a neglect of the innovation dimension. This paper analyses to what extent evolutionary theories of competition and innovation economics can be used to derive...
Persistent link: https://www.econbiz.de/10005685631
Change in evolutionary economics is predicated on the creative destruction of variety. Despite the importance of the concept of variety, or heterogeneity, in evolutionary economic theory, empirical work that examines the character of variety - its extent and its persistence - is still scarce....
Persistent link: https://www.econbiz.de/10005484981
Employing an evolutionary economics framework, this paper investigates the innovation process in the New York City Garment District's women's wear industry. It analyses the ways in which Garment District designers have been able to exploit innovative ideas from an emerging design cluster on the...
Persistent link: https://www.econbiz.de/10005491751
This paper examines the industrial dynamics of new digital media from the perspective of consumer co-creation. We find that consumer-producer interactions are an increasingly important source of value-creation. We conclude that cultural and economic analysis might be usefully united about these...
Persistent link: https://www.econbiz.de/10005495837
The recent debate about the value of Darwinism as a source of ontological foundations for evolutionary economics reduces to a disagreement about whether or not the causal logic of Darwinism applies to economic evolution. However, this logic has not yet been fully specified. While the explanantia...
Persistent link: https://www.econbiz.de/10005496093
Although it is laudable that evolutionary economists have a greater concern for ontological issues than many of their brethren, considerations concerning ontology cannot play a decisive role in adjudicating theoretical disputes. Attempts to formulate an appropriate ontology for evolutionary...
Persistent link: https://www.econbiz.de/10005496126
This paper is part of a broader research project that aims to analyse the emerging private business sector in China by focusing on three topics.
Persistent link: https://www.econbiz.de/10005505048
Economic theories of managing renewable resources, such as fisheries and forestry, traditionally assume that individual harvesters are perfectly rational and thus able to compute the harvesting strategy that maximizes their discounted profits. The current paper presents an alternative approach...
Persistent link: https://www.econbiz.de/10005450797
Today, Alchian's "Uncertainty, evolution and economic theory" (1950) is hailed by evolutionary economists as a most important piece, which resumed an evolutionary brand of theorizing in economics after the eclipse of the interwar period. On the other hand, Alchian's article is also cherished by...
Persistent link: https://www.econbiz.de/10005450922
Boschma R. A. (2004) Competitiveness of regions from an evolutionary perspective, Regional Studies38, 993-1006. Do regions compete, as firms do? How does one deal with the fact that regions, unlike organizations, are entities that do not act? Does it make sense to talk about the ability of...
Persistent link: https://www.econbiz.de/10005457908