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Organizational routines coordinate the interactions and use of knowledge within firms. Efficient routines can imply a competitive advantage for a firm, deficient ones a disadvantage. This depends not only on how smoothly the intra-organizational interactions are in fact orchestrated, but also on...
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The paper discusses recent trends in the sister sciences of evolutionary economics andcomplexity economics. It suggests that a unifying approach that marries the two strands isneeded when reconstructing economics as a science capable of tackling the two key questions ofthe discipline: complex...
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The paper unravels the subversive nature of Schumpeter’s proposition that entrepreneurscarry out innovations (the micro level), that swarms of followers imitate them (meso) andthat, as a consequence, ‘creative destruction’ leads to economic development ‘fromwithin’ (macro). It is...
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