The internal dynamics of the Experimentally Organized Economy (EOE) force actors to constantly innovate to survive competition from all other actors in the same situation, or from new actors entering the market. Since ignorance of circumstances that may be critical for survival characterize the...

The parallel development of management theory and practice over three phases of economic development is surveyed; (1) the pre-oil crisis experience 1969-1975, (2) the post oil crisis sobering up through most of the 1990s and (3) the emergence of new global production organizations , blurring the...