Management scholars have long stressed the importance of evolutionary processsesfor inter-firm cooperation but have mostly missed the promising opportunityto incorporate ideas from evolutionary theories into the analysis of collaborativearrangements. In this paper, we first present three rules...

This paper is a follow-up on two earlier debates I was part of. One debate is documentedin a special issue of The Journal of Economic Methodology, edited by Matthias Klaes andcalled Symposium: Ontological Issues in Evolutionary Economics (2004) The other oneis reported in a special issue of The...

Amartya Sen has advanced a number of distinct arguments against utilitarianism and‘utility’-based views more generally. One of these invokes various ways in whichunderdogs can ‘adapt’ and learn to live with their situations. Sen’s argument is related toJon Elster’s discussion of...

In the last two decades there has been a noticeable increase in published research inevolutionary economics. The idea that formal modelling is a sine qua non condition forestablishing a rigours and coherence scientific frame, has led to an over concern withformalization issues among evolutionary...

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...

Considerable debate surrounds the concept of entrepreneurial opportunities. This papercontributes to the discussion by bringing in concepts and findings from evolutionaryeconomics. It makes three points. First, adopting an evolutionary market process perspectivesheds new light on the nature of...

Recently, it has been suggested that the process of economic development should ideally be viewed as a socioeconomictransformation. Such a view requires a comprehensive understanding of how agents learn and changetheir behaviour. However, these aspects have only been inadequately addressed in...

The objective of this paper is to relate entrepreneurship to a theory of the humanmind, setting both within an evolutionary perspective. The first requirement,therefore, is to indicate what this perspective implies. As a generic concept, I takeevolution to be the self-transformation of a system...

The theme of these notes, in general, is the population dynamics of evolutionaryprocesses, and, in particular, a number of accounting concepts that are central to anyunderstanding of processes of evolution of the variation and selective retention kind.The accounting concepts I use are naturally...

According to the advocates of a “Generalized Darwinism” (GD), the three coreDarwinian principles of variation, selection and retention (or inheritance) can be used as ageneral framework for the development of theories explaining evolutionary processes inthe socioeconomic domain. Even though...