This book takes up the challenge of developing an empirically based
foundation for evolutionary economics built upon complex system
theory. The authors argue that modern evolutionary economics is at
a crossroads. At a theoretical level, modern evolutionary economics
is moving away from the traditional focus of the operation of
selection mechanisms and towards concepts of `complex adaptive
systems' and self-organisation. On an applied level, new and
innovative methods of empirical research are being developed and
considered. The contributors take up this challenge and examine
aspects of complexity and evolution in applied contexts. The topics
covered in this book include innovation and technology in industry,
industry life cycles, time series econometrics and evolutionary
economics, complexity and variety, entrepreneurship and
evolutionary theory and the relationship between ecological and
evolutionary economics. Applied Evolutionary Economics and Complex
Systems will appeal to evolutionary and industrial economists and
scholars of innovation studies, as well as management scientists
and policymakers involved with issues of innovation.
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