Collective Learning, Innovation and Growth in a Boundedly Rational, Evolutionary World PDF Download

Author: Gerald Silverberg
Publisher:
ISBN:
Category :
Languages : en
Pages : 17

View

Book Description

Author: Kurt Dopfer
Publisher: Taylor & Francis
ISBN: 0429677723
Category : Business & Economics
Languages : en
Pages : 477

View

Book Description
While dating from post-Classical economists such as Thorstein Veblen and Joseph Schumpeter, the inception of the modern field of evolutionary economics is usually dated to the early 1980s. Broadly speaking, evolutionary economics sees the economy as undergoing continual, evolutionary change. Evolutionary change indicates that these changes were not planned, but rather were the result of innovations and selection processes. These often involved winners and losers, but most importantly, they resulted in actors learning what was and was not working. Evolutionary economics, in contrast to mainstream economics, emphasises the relevance of variables such as technology, institutions, decision rules, routines, or consumer preferences for explaining the complex evolutionary changes in the economy. In so doing, evolutionary economics significantly broadens the scope of economic analysis, and sheds new light on key concepts and issues of the discipline. This handbook draws on a stellar cast list of international contributors, ranging from the founders of the field to the newest voices. The volume explores the current state of the art in the field of evolutionary economics at the levels of the micro (e.g. firms and households), meso (e.g. industries and institutions), and macro (e.g. economic policy, structure, and growth). Overall, the Routledge Handbook of Evolutionary Economics provides an excellent overview of current trends and issues in this rapidly developing field.

Author: Charles Edquist
Publisher: Routledge
ISBN: 1136600582
Category : Business & Economics
Languages : en
Pages : 447

View

Book Description
The systems of innovation approach is considered by many to be a useful analytical approach for better understanding innovation processes as well as the production and distribution of knowledge in the economy. It is an appropriate framework for the empirical study of innovations in their contexts and is relevant for policy makers. This text is the result of the work within an international inter-disciplinary network or "working seminar" with the task of building a more solid and sophisticated conceptual and theoretical foundation for the continued study of innovations in a systemic context. The book has three parts. The first presents an overview and tries to work out some conceptual problems. In the second, the systems of innovation approach is related to innovation theory. Part three is devoted to increasing understanding of the functioning and dynamics of systems of innovation. There is also an introduction where the genesis and anatomy of different systems of innovation approaches are discussed and where the systems of innovation approach is characterized in nine dimensions.

Author: Kurt Dopfer
Publisher: Cambridge University Press
ISBN: 9781139443234
Category : Business & Economics
Languages : en
Pages : 604

View

Book Description
It is widely recognised that mainstream economics has failed to translate micro consistently into macro economics and to provide endogenous explanations for the continual changes in the economic system. Since the early 1980s, a growing number of economists have been trying to provide answers to these two key questions by applying an evolutionary approach. This new departure has yielded a rich literature with enormous variety, but the unifying principles connecting the various ideas and views presented are, as yet, not apparent. This 2005 volume brings together fifteen original articles from scholars - each of whom has made a significant contribution to the field - in their common effort to reconstruct economics as an evolutionary science. Using meso economics as an analytical entity to bridge micro and macro economics as well as static and dynamic realms, a unified economic theory emerges.

Author: Itzhak Benenson
Publisher: John Wiley & Sons
ISBN: 9780470843499
Category : Science
Languages : en
Pages : 320

View

Book Description
Geosimulation is hailed as ‘the next big thing’ in geographic modelling for urban studies. This book presents readers with an overview of this new and innovative field by introducing the spatial modelling environment and describing the latest research and development using cellular automata and multi-agent systems. Extensive case studies and working code is available from an associated website which demonstrate the technicalities of geosimulation, and provide readers with the tools to carry out their own modelling and testing. The first book to treat urban geosimulation explicitly, integrating socio-economic and environmental modelling approaches Provides the reader with a sound theoretical base in the science of geosimulation as well as applied material on the construction of geosimulation models Cross-references to an author-maintained associated website with downloadable working code for readers to apply the models presented in the book Visit the Author's Website for further information on Geosimulation, Geographic Automata Systems and Geographic Automata Software http://www.geosimulationbook.com

Author: Leigh Tesfatsion
Publisher: Elsevier
ISBN: 0080459870
Category : Business & Economics
Languages : en
Pages : 905

View

Book Description
The explosive growth in computational power over the past several decades offers new tools and opportunities for economists. This handbook volume surveys recent research on Agent-based Computational Economics (ACE), the computational study of economic processes modeled as dynamic systems of interacting agents. Empirical referents for "agents" in ACE models can range from individuals or social groups with learning capabilities to physical world features with no cognitive function. Topics covered include: learning; empirical validation; network economics; social dynamics; financial markets; innovation and technological change; organizations; market design; automated markets and trading agents; political economy; social-ecological systems; computational laboratory development; and general methodological issues.*Every volume contains contributions from leading researchers*Each Handbook presents an accurate, self-contained survey of a particular topic *The series provides comprehensive and accessible surveys

Author: Andreas Pyka
Publisher: Springer
ISBN: 3319132997
Category : Business & Economics
Languages : en
Pages : 637

View

Book Description
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.

Author: Kurt Dopfer
Publisher: Springer Science & Business Media
ISBN: 3642488706
Category : Science
Languages : en
Pages : 162

View

Book Description
This volume on evolutionary approaches to economic development and growth is a member of a family of special volumes that Springer has published on Evolu tionary Economics recently. The present volume has excellent predecessors. There is a special volume on "Evolution in Markets and Institutions", edited by Ulrich Witt, and another on "Evolutionary and Neoclassical Perspectives on Market Structure and Economic Growth", edited by Yannis Katsoulacos. And there are more in the pipeline. The volumes already published reflect the broad ranging interests of evolu tionary economists, and within the scope delineated they are devoted to major research areas of the discipline. The editorial intention behind the venture of special volumes has been to bundle together some of the research areas in order to sharpen the problem focus and to generate research synergies within major research fields. We may, somewhat obviously, define a research field by its research topics. For the present purpose however, we may wish to conceive the research conducted by evolutionary economists as belonging to either a research area that is inspired in its problem perspective by neoclassical economics or to one that is not. The very success of the critique of the neoclassical paradigm relied on a preoccupation with its research scope and questions. Evolutionary econom ics has scored marvelously in challenging major neoclassical stands, and neoclassical economics may never be quite the same in the future.

Author: Guido Buenstorf
Publisher: Edward Elgar Publishing
ISBN: 0857930893
Category : Business & Economics
Languages : en
Pages : 265

View

Book Description
Understanding the behaviour of individuals and firms is at the heart of evolutionary economics, and also of related fields such as behavioural economics, management, and psychology. This book brings together a set of cutting-edge theoretical and empirical contributions addressing individual agents and their interaction, the evolution of firm organization, as well as the interplay of firm dynamics and regional development.

Author: Jin Chen
Publisher: Routledge
ISBN: 1351997068
Category : Business & Economics
Languages : en
Pages : 600

View

Book Description
Innovation contributes to corporate competitiveness, economic performance and environmental sustainability. In the Internet era, innovation intelligence is transferred across borders and languages at an unprecedented rate, yet the ability to benefit from it seems to become more divergent among different corporations and countries. How much an organization can benefit from innovation largely depends on how well innovation is managed in it. Thus, there is a discernible increase in interest in the study of innovation management. This handbook provides a comprehensive guide to this subject. The handbook introduces the basic framework of innovation and innovation management. It also presents innovation management from the perspectives of strategy, organization and resource, as well as institution and culture. The book’s comprehensive coverage on all areas of innovation management makes this a very useful reference for anyone interested in the subject.