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Self‐transformation, Self‐organization, and Evolutionary Adaptation in the Economic Process

J. Stan Metcalfe and Ronnie Ramlogan

in Flexibility and Stability in the Innovating Economy

Published in print:
2006
Published Online:
May 2006
ISBN:
9780199290475
eISBN:
9780191603495
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199290474.003.0006
Subject:
Economics and Finance, Economic Systems

This chapter focuses on the connection between economic adaptation and economic development and growth. It argues that economic adaptation is inseparable from the growth of knowledge, and that market ... More


Flexibility and Stability in the Innovating Economy

Maureen McKelvey and Magnus Holmén (eds)

Published in print:
2006
Published Online:
May 2006
ISBN:
9780199290475
eISBN:
9780191603495
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0199290474.001.0001
Subject:
Economics and Finance, Economic Systems

This book addresses the nature of industrial dynamics, structural change, and transformation in our time. The central focus is on the question of evolutionary processes and complex transformation in ... More


Introduction: Crossing Corporate Boundaries

Kenneth Lipartito and David B. Sicilia

in Constructing Corporate America: History, Politics, Culture

Published in print:
2004
Published Online:
September 2007
ISBN:
9780199251902
eISBN:
9780191719059
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199251902.003.0001
Subject:
Business and Management, Business History

In an overview of the theory and historiography of the corporation, this chapter examines contributions to understanding offered by historians, neo-classical economists, evolutionary economists, and ... More


Evolutionary Innovations

Maureen D. McKelvey

in Evolutionary Innovations: The Business of Biotechnology

Published in print:
2000
Published Online:
October 2011
ISBN:
9780198297246
eISBN:
9780191685316
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198297246.003.0002
Subject:
Business and Management, Innovation, Knowledge Management

This chapter analyses parallel historical technological innovation processes in order to develop more general theories and comments about technological change in modern market economies. A ... More


The Economics of Systems Integration: Towards an Evolutionary Interpretation

Giovanni Dosi, Mike Hobday, Luigi Marengo, and Andrea Prencipe

in The Business of Systems Integration

Published in print:
2005
Published Online:
September 2007
ISBN:
9780199263233
eISBN:
9780191718847
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199263233.003.0006
Subject:
Business and Management, Strategy

This chapter explores some theoretical elements of the economics of systems integration (and disintegration) by placing the idea of systems integration within the context of evolutionary economics. ... More


The Economics of Systems Integration: Towards an Evolutionary Interpretation

Giovanni Dosi, Mike Hobday, Luigi Marengo, and Andrea Prencipe

in The Business of Systems Integration

Published in print:
2003
Published Online:
January 2005
ISBN:
9780199263226
eISBN:
9780191718847
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199263221.003.0006
Subject:
Economics and Finance, Economic Systems

Explores some theoretical elements of the economics of systems integration (and disintegration) by placing the idea of systems integration within the context of evolutionary economics. The authors ... More


Dynamic Capability as a Source of Change

Sidney G. Winter

in The Institutions of the Market: Organizations, Social Systems, and Governance

Published in print:
2008
Published Online:
September 2008
ISBN:
9780199231423
eISBN:
9780191710865
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199231423.003.0003
Subject:
Business and Management, Political Economy

This chapter examines the concept of dynamic capability as it has developed in the strategic management field, taking primarily the ‘learned competence’ perspective and emphasizing the proactive uses ... More


Evolution 1

Bart Nooteboom

in Learning and Innovation in Organizations and Economies

Published in print:
2001
Published Online:
October 2011
ISBN:
9780199241002
eISBN:
9780191696886
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199241002.003.0004
Subject:
Business and Management, Innovation, Organization Studies

This chapter examines the usefulness of an evolutionary perspective. It is useful, in some respects, but experiences many pitfalls when applied in socio-economic contexts. There, institutions form at ... More


The evolutionary psychology of economics

Paul H Rubin and C. Monica Capra

in Applied Evolutionary Psychology

Published in print:
2011
Published Online:
January 2012
ISBN:
9780199586073
eISBN:
9780191731358
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199586073.003.0002
Subject:
Psychology, Evolutionary Psychology, Developmental Psychology

In this chapter, we argue that applying evolutionary psychology to economics can explain observed ‘anomalies’ in decision-making. We provide an analysis of the relationships between economics and the ... More


Conclusions for Evolutionary Economics

Maureen D. McKelvey

in Evolutionary Innovations: The Business of Biotechnology

Published in print:
2000
Published Online:
October 2011
ISBN:
9780198297246
eISBN:
9780191685316
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198297246.003.0009
Subject:
Business and Management, Innovation, Knowledge Management

This chapter discusses the book's description of parallel technological innovation processes which made possible the early commercial uses of genetic engineering for pharmaceuticals. The focus here ... More


Innovation Policy in the Knowledge‐based Economy—Can Theory Guide Policy Making?

Jens Nyholm, Lars Normann, Claus Frelle‐Petersen, Mark Riis, and Peter Torstensen

in The Globalizing Learning Economy

Published in print:
2002
Published Online:
November 2003
ISBN:
9780199258178
eISBN:
9780191595868
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199258171.003.0015
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter discusses features of the evolving knowledge‐based economy as perceived from a European policy maker's perspective, and confronts these features with two different economic research ... More


Learning and Innovation in Organizations and Economies

Bart Nooteboom

Published in print:
2001
Published Online:
October 2011
ISBN:
9780199241002
eISBN:
9780191696886
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199241002.001.0001
Subject:
Business and Management, Innovation, Organization Studies

This book develops a general ‘logic’, or heuristic of discovery, to explain the emergence of novelty in individual thought, organizations, industries, and economies. It draws on a variety of ... More


Marketing as an art and science of market framing: Commentary

Michel Callon

in Reconnecting Marketing to Markets

Published in print:
2010
Published Online:
January 2012
ISBN:
9780199578061
eISBN:
9780191738043
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199578061.003.0012
Subject:
Business and Management, Marketing

This commentary discusses what a research program on ‘reconnect marketing to markets’ entails. By viewing marketing as something taking place inside rather than outside markets, ‘reconnecting ... More


Evolutionary Economics: Metaphor or Unifying Paradigm?

Peter A. Corning

in Holistic Darwinism: Synergy, Cybernetics, and the Bioeconomics of Evolution

Published in print:
2005
Published Online:
February 2013
ISBN:
9780226116136
eISBN:
9780226116334
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226116334.003.0010
Subject:
Biology, Evolutionary Biology / Genetics

This chapter presents arguments against the concept of evolutionary economics and the view about the so-called “economic man.” It discusses the works of economist Geoffrey Hodgson and business ... More


Preferences and novelty: a multidisciplinary perspective

Wilhelm Ruprecht

in Innovation By Demand: An Interdisciplinary Approach to the Study of Demand and its Role in Innovation

Published in print:
2002
Published Online:
July 2012
ISBN:
9780719062674
eISBN:
9781781700273
Item type:
chapter
Publisher:
Manchester University Press
DOI:
10.7228/manchester/9780719062674.003.0005
Subject:
Political Science, Political Economy

This chapter examines how consumption fits into ‘evolutionary’ models of economic development. When only the supply side of growth is looked at in the presence of market satiation, both product and ... More


Conclusions

Edmund Amann and John Cantwell

in Innovative Firms in Emerging Market Countries

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199646005
eISBN:
9780199949977
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199646005.003.0009
Subject:
Business and Management, International Business, Innovation

This chapter distills the arguments and evidence from the previous eight chapters in this book. Adopting an approach rooted in evolutionary economics, the chapter first examines the processes of ... More


Equilibrium models vs. evolutionary economic models

Lawrence A. Boland

in Equilibrium Models in Economics: Purposes and Critical Limitations

Published in print:
2017
Published Online:
May 2017
ISBN:
9780190274320
eISBN:
9780190274368
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190274320.003.0012
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter examines the extent to which models based on evolutionary economics can provide a worthy alternative to neoclassical equilibrium models. The chapter discusses the difference between ... More


Evolutionary Processes

Stefan Thurner, Rudolf Hanel, and Peter Klimekl

in Introduction to the Theory of Complex Systems

Published in print:
2018
Published Online:
November 2018
ISBN:
9780198821939
eISBN:
9780191861062
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198821939.003.0005
Subject:
Physics, Theoretical, Computational, and Statistical Physics

Evolutionary processes combine many features of complex systems: they are algorithmic; states co-evolve with interactions; they show power law statistics; they are selforganized critical; and they ... More


There’s more to the economics of consumption than (almost) unconstrained utility maximisation

G. M. Peter Swann

in Innovation By Demand: An Interdisciplinary Approach to the Study of Demand and its Role in Innovation

Published in print:
2002
Published Online:
July 2012
ISBN:
9780719062674
eISBN:
9781781700273
Item type:
chapter
Publisher:
Manchester University Press
DOI:
10.7228/manchester/9780719062674.003.0003
Subject:
Political Science, Political Economy

This chapter examines the way in which economists have understood demand. It argues that mainstream, neoclassical or ‘standard’ economists focus on demand as a process in which selections are made ... More


The Central Tradition

Mike Berry

in The Affluent Society Revisited

Published in print:
2013
Published Online:
January 2014
ISBN:
9780199686506
eISBN:
9780191766374
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199686506.003.0003
Subject:
Economics and Finance, History of Economic Thought

This chapter discusses the early chapters of The Affluent Society dealing with the history of orthodox economics. Galbraith’s aim here was to establish the long tradition in which economists have ... More


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