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The Evolution of Economic and Innovation Systems (Hardcover, 2015 ed.)
Loot Price: R4,714
Discovery Miles 47 140
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The Evolution of Economic and Innovation Systems (Hardcover, 2015 ed.)
Series: Economic Complexity and Evolution
Expected to ship within 10 - 15 working days
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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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