Technological change, an overwhelming fact in recent socioeconomic history, involves, as Joseph A. Schumpeter famously put it, "creative destruction" on a large scale: it gives rise to new goods, production methods, firms, organisations, and jobs, while rendering some received ones obsolete. Its...

This study is a systematic review of the literature on logistics outsourcing practices in Africa. It is motivated by the need to conceptualize the future capabilities of logistics service providers (LSPs) currently operating in the region using the existing data from the literature. Data was...

This work presents the evolutionary growth theory, which studies the drivers and patterns of technological change and production together with the (imperfect) mechanisms of coordination among a multitude of firms. This requires to studies economies as complex evolving systems, i.e. as ecologies...

The 40th birthday of the Schumpeter Society offers an excellent chance to reflect on Schumpeter intellectual heritage, as well as its shortcomings and the subsequent developments. No doubt that reference to Schumpeter has been a precious shortcut to the rediscovery of the crucial importance of...

Technological change, an overwhelming fact in recent socioeconomic history, involves, as Joseph A. Schumpeter famously put it, "creative destruction" on a large scale: it gives rise to new goods, production methods, firms, organisations, and jobs, while rendering some received ones obsolete. Its...

This conceptual article introduces a new perspective on innovation systems by emphasizing their dynamic, co-evolutionary nature. In today's rapidly changing world, innovation should be understood as a heterogeneous, multidimensional, continuously evolving phenomenon embedded within complex...

Whereas labor markets are traditionally viewed as machine-like environments - where agents, coordinated by price signals, solve constrained optimization problems or adhere to established heuristics - this paper views labor markets as human ecosystems, containing living things, namely, the human...

This article posits that Heraclitus' work constitutes a somewhat underappreciated foundation in the study of socioeconomic thought. It then differentiates his perspective from earlier economic thought in ancient societies and critically examines the surviving fragments of his work. The...

Transformation is key term in the broader study of socio-economic provisioning system that has gained increased prominence and visibility in recent years due to intensifying economic, social and ecological risks and crises in the global economy. In this short review we assess key understandings...

Transformation is key term in the broader study of socio-economic provisioning system that has gained increased prominence and visibility in recent years due to intensifying economic, social and ecological risks and crises in the global economy. In this short review we assess key understandings...

The technological development powered by Artificial Intelligence Generated Content (AIGC) models, exemplified by Generative Pre-trained Transformer 4 (GPT-4) and Bidirectional Encoder Representations from Transformers (BERT), has completely transformed machine language processing and fostered...

The objective of this study was to analyse the evolutionary field of sustainable human resource management (S-(HRM)) over four strategically chosen sub-periods in order to understand its behaviour in the period from 1991 to 2024. We started by conducting a comprehensive review of research...

We investigate a susceptible-exposed-infected-recovered (SEIR) epidemic model that distinguishes between two subpopulations: individuals favoring vaccination (pro-vaccination), represented by the compartments (SP,EP,IP,RP), and those opposing vaccination (anti-vaccination), described by...

Based on the conviction that path dependence is a core theoretical element of political economy in general and institutional and evolutionary economics in particular, this short paper explains the theory of path dependence and clarifies its relation to concepts such as positive feedback or...

Abstract Government nudging, towards say healthy or sustainable behaviors, is often criticized as harmful to individual autonomy. Yet free markets naturally give rise to pervasive consumption nudging by private actors. Such nudging, for instance in the form of advertising, can affect not only...

We draw from evolutionary psychology to predict that the immediate recognition of certain traits significantly impacts funding outcomes. Four such traits that are recognizable in potential entrepreneurs and play a role in funding decisions are: aggressiveness, attractiveness, competence, and...

Abstract This study examines the interconnectedness of entrepreneurial ecosystems (EEs) through a comprehensive geospatial network analysis of global investment flows. Addressing the critical need to explore EEs beyond their local boundaries, we investigate how EEs interact across regional,...

"Following in the footsteps of Wieser, Mises, Schumpeter, Hayek and Rothschild, Christian Aspalter presents a novel economic theory synthesis, based on insights from human quantum mechanics. Including cutting-edge concepts and diagrams of quantum supply and demand field curves, the book outlines...

Economic evolution involves structural change from within, so evolutionary price theory needs to address how prices facilitate and accommodate this structural change and how structural change in turn impacts on prices. Such analysis is impossible using neoclassical price theory in which...

Chapter 1:Introduction -- Chapter 2: Support-Bargaining, Money-Bargaining and Financial Support-Bargaining -- Chapter 3: The ‘Real Economy’ and Financial Markets -- Chapter 4: Financial support-bargaining and the South Sea Bubble -- Chapter 5: John Law’s Proposal for a Land Bank -- Chapter...