Technological change, an overwhelming fact in recent socioeconomic history, involves, as Joseph A. Schumpeter famously put it, "creative destruction" on a large scale: it gives rise to new goods, production methods, firms, organisations, and jobs, while rendering some received ones obsolete. Its...

This work presents the evolutionary growth theory, which studies the drivers and patterns of technological change and production together with the (imperfect) mechanisms of coordination among a multitude of firms. This requires to studies economies as complex evolving systems, i.e. as ecologies...

This study is a systematic review of the literature on logistics outsourcing practices in Africa. It is motivated by the need to conceptualize the future capabilities of logistics service providers (LSPs) currently operating in the region using the existing data from the literature. Data was...

Technological change, an overwhelming fact in recent socioeconomic history, involves, as Joseph A. Schumpeter famously put it, "creative destruction" on a large scale: it gives rise to new goods, production methods, firms, organisations, and jobs, while rendering some received ones obsolete. Its...

We draw from evolutionary psychology to predict that the immediate recognition of certain traits significantly impacts funding outcomes. Four such traits that are recognizable in potential entrepreneurs and play a role in funding decisions are: aggressiveness, attractiveness, competence, and...

The technological development powered by Artificial Intelligence Generated Content (AIGC) models, exemplified by Generative Pre-trained Transformer 4 (GPT-4) and Bidirectional Encoder Representations from Transformers (BERT), has completely transformed machine language processing and fostered...

Transformation is key term in the broader study of socio-economic provisioning system that has gained increased prominence and visibility in recent years due to intensifying economic, social and ecological risks and crises in the global economy. In this short review we assess key understandings...

Transformation is key term in the broader study of socio-economic provisioning system that has gained increased prominence and visibility in recent years due to intensifying economic, social and ecological risks and crises in the global economy. In this short review we assess key understandings...

The objective of this study was to analyse the evolutionary field of sustainable human resource management (S-(HRM)) over four strategically chosen sub-periods in order to understand its behaviour in the period from 1991 to 2024. We started by conducting a comprehensive review of research...

"In this revealing and eminently readable book, Geoffrey M. Hodgson takes readers on an intellectual odyssey through his distinguished career and his work as one of the leading institutional and evolutionary economists. Depicting his life throughout the Cold War, grappling with the military and...

Economic evolution involves structural change from within, so evolutionary price theory needs to address how prices facilitate and accommodate this structural change and how structural change in turn impacts on prices. Such analysis is impossible using neoclassical price theory in which...

Chapter 1:Introduction -- Chapter 2: Support-Bargaining, Money-Bargaining and Financial Support-Bargaining -- Chapter 3: The ‘Real Economy’ and Financial Markets -- Chapter 4: Financial support-bargaining and the South Sea Bubble -- Chapter 5: John Law’s Proposal for a Land Bank -- Chapter...

Modern corporations have increasingly been adopting a decentred, layered, and multi-jurisdictional form as a strategy of boundary manipulation known amongst tax lawyers and accountants as "regulatory arbitrage". The argument we put forward in this article is that the scholarly work that treats...

Cryptocurrencies, such as Bitcoin, have caused intense discussions during recent years among market participants according to new options (such as payment or financing alternatives) and new risks (such as price volatility) involved. Despite being considered by various actors of private...

This work presents the evolutionary growth theory, which studies the drivers and patterns of technological change and production together with the (imperfect) mechanisms of coordination among a multitude of firms. This requires to studies economies as complex evolving systems, i.e. as ecologies...

This entry discusses the concept of "systemism", elaborates how it implicitly underpinned most seminal works of evolutionary-institutional economics, and explains how future research would benefit from making the systemist nature of evolutionary economics more explicit. More precisely, the paper...

Purpose The game strategies differ when different regions participate in the oil game. Under what circumstances will different participants choose cooperation or sanction strategies? This is the core issue of this paper. Design/methodology/approach Regarding the current and future game behavior...

This paper delves into geographical agglomeration patterns of economic activities focusing on the connection between these agglomeration tendencies and sectoral patterns of innovative activities. Within a broad evolutionary perspective, we refine upon incumbent statistical models, trying to...

This article examines the role of ideas, tradition, and economic history in the context of F. A. Hayek's theory of social knowledge. While Hayek often emphasized the beneficial consequences of unintended and spontaneous action, his accounts of the transmission of ideas within society identified...

This short paper discusses the concept of "systemism", elaborates how it implicitly underpinned most seminal works of evolutionary-institutional economics, and explains how future research would benefit from making the systemist nature of evolutionary economics more explicit. More precisely, the...