With mergers & acquisitions playing an increasingly important role in today's business world, academic research has strived to follow this trend by investigating their underlying causes and consequences. For a long time this research focused on the analysis of the financial effect of mergers &...

This book is devoted to the study of public–private innovation networks in services (ServPPINs). These are a new type of innovation network which have rapidly developed in service economies. ServPPINs are collaborations between public and private service organisations, their objective...

The paper examines factors influencing the formation of horizontal inter-firm strategic alliances in dynamic product markets characterised by rapid rates of technological change and a high degree of market uncertainty. A novel self-organisation approach to strategic alliances is developed which...

The basic theme underlying this paper is qualitative change taking place during economic development. These changes in the composition of the economic system should become one of the most important variables in models of economic growth and development. Our knowledge of the relationship between...

In this paper we analyze the evolution of a publicly funded interfirm R&D network in the German automotive industry between 1998 and 2007. A stochastic actor-based model allows us to estimate the role of various drivers of the evolutionary change process. We test hypotheses derived in an...

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...

Dedicated to the goal of furthering evolutionary economic analysis, this book provides a coherent scientific approach to deal with the real world of continual change in the economic system. Expansive in its scope, this book ranges from abstract discussions of ontology, analysis and theory to...