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Edward Elgar Publishing Frontiers of Evolutionary Economics: Competition, Self-Organization and Innovation Policy

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£137.00 £77.60 £90.56 £103.52 £116.48 £129.44 £142.40 09 June 2024 13 November 2024 19 April 2025 23 September 2025 28 February 2026

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Description

Modern evolutionary economics is now nearly two decades old and in this excellent book, a distinguished group of evolutionary economists identify the most important developments and discuss the direction of future research. By moving away from traditional concerns with the operation of selection mechanisms towards a preoccupation with the manner in which the novelty and variety provide fuel for such mechanisms, the authors identify a key development in the field. Evolutionary economists have been drawn into the modern complexity science literature which attempts to provide an understanding of how and why 'complex adaptive systems' engage in processes of self-organization. The goal is to provide an integrated analysis of both selection and self-organization that is uniquely economic in orientation. After a brief overview of the many key achievements and continuing challenges, the first part of the book deals with theoretical perspectives, discussing institutional change, social constructions, complexity, selection and self-selection and the usefulness of theory. Part two deals with empirical perspectives and includes discussion of replicator dynamics, the measurement of heterogeneity and complexity, and modelling organizations as complex adaptive systems. This unique book will appeal to evolutionary and industrial economists and policymakers involved with issues of innovation and management scientists.

Product Specifications

Format
Hardcover
Domain
Amazon UK
Release Date
27 June 2001
Listed Since
16 December 2006

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