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

Foster, John (EDT); Metcalfe, J. Stanley (EDT)

ISBN 10: 1843763370 / ISBN 13: 9781843763376

Editore: Edward Elgar Publishing, 2003

Codice articolo 19266874-n

Riassunto:

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.

Informazioni sull'autore: Edited by John Foster, Professor of Economics and Head, School of Economics, University of Queensland, Australia and the late J. Stanley Metcalfe, formerly Emeritus Professor, University of Manchester, UK

Dati bibliografici

Titolo: Frontiers of Evolutionary Economics : ...
Casa editrice: Edward Elgar Publishing
Data di pubblicazione: 2003
Legatura: Brossura
Condizione: New