The Evolution Of Economic And Innovation Systems

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    The Evolution of Economic and Innovation Systems
    By: Andreas Pyka
    Publisher:
    Springer
    Print ISBN: 9783319132983, 3319132989
    eText ISBN: 9783319132990, 3319132997
    Copyright year: 2015
    Format: EPUB
    Available from $ 169.00 USD
    SKU 9783319132990
    This book is at the cutting edge of the ongoing ‘neo-Schumpeterian’ research program that investigates how economic growth and its fluctuation can be understood as the outcome of a historical process of economic evolution. Much of modern evolutionary economics has relied upon biological analogy, especially about natural selection. Although this is valid and useful, evolutionary economists have, increasingly, begun to build their analytical representations of economic evolution on understandings derived from complex systems science. In this book, the fact that economic systems are, necessarily, complex adaptive systems is explored, both theoretically and empirically, in a range of contexts. Throughout, there is a primary focus upon the interconnected processes of innovation and entrepreneurship, which are the ultimate sources of all economic growth. Twenty two chapters are provided by renowned experts in the related fields of evolutionary economics and the economics of innovation.
     

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