The evolutionary theory of the firm: Routines, complexity and change

This paper provides an overview on the evolutionary theory of the firm. The specific feature of the evolutionary approach is that it explains the adaptive behaviors of firms through the tension between innovation and selection. It is suggested that the evolutionary theory can provide a useful basis for a theory of the firm which is concerned with change over time and development.

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Year of publication:	2005-02
Authors:	Hölzl, Werner
Institutions:	Vienna University of Economics and Business Research Group: Growth and Employment in Europe: Sustainability and Competitiveness
Subject:	theory of the firm \| complexity \| routines \| change of routines

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	PDF Document
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10005817196