Knowledge, innovation and economy: An evolutionary exploration

Kwaśnicki, Witold

doi:10.1016/s0024-6301(97)86611-3

Cited by 11 publications

(15 citation statements)

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“…On the methodological side, Nelson and Winter (1982) strongly rely on a simulation-based analysis of the implications of the selection processes operating on populations of firm routines-a methodology that has found many followers in the neo-Schumpeterian camp (e.g., Andersen 1994; Malerba and Orsenigo 1995;Kwasnicki 1996). As an analytically solvable alternative an approach based on the replicator dynamics has been suggested by Metcalfe (1994).…”

Section: A Guide To Evolutionary Economicsmentioning

confidence: 99%

What is specific about evolutionary economics?

Witt¹

2008

J Evol Econ

183

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Ever since an "evolutionary" perspective on the economy has been suggested, there have been differing, and partly incommensurable, views on what specifically this means. By working out where the differences lie and what motivates them, this paper identifies four major approaches to evolutionary economics. The differences between them can be traced back to opposite positions regarding the basic assumptions about reality and the proper conceptualization of evolution. The same differences can also be found in evolutionary game theory. Achievements of the major approaches to evolutionary economics and their prospects for future research are assessed by means of a peer survey.

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Section: A Guide To Evolutionary Economicsmentioning

confidence: 99%

What is specific about evolutionary economics?

Witt¹

2008

J Evol Econ

183

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“…In a number of models replicator dynamics are applied to explain the dynamic development of certain sectors or whole economies. In general the high complexity of these models does not enable analytical solutions and therefore it is necessary to run simulation experiments (see for example, Kwasnicki and Kwasnicka, 1992;Kwasnicki, 1996;Saviotti and Mani, 1995).…”

Section: Evolutionary Approachmentioning

confidence: 99%

Firms' Differential Innovative Success and Market Dynamics

Cantner

2007

SSRN Journal

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This paper deals with innovative activities of firms, the resulting market success as well as the interdependencies between both. In a first theoretical part, different cases of those interdependencies are investigated by the way of a simple model based on replicator dynamics. It is shown that the resulting differential success (in those activities) of firms in a market leads to specific characteristic pattern of industry dynamics. The second empirical part of the paper is used to get an account of the working of replicator dynamics mechanism within German manufacturing. Doing so changes in firms´ market shares and the relation to their respective relative technological performance and to their or innovative performance are investigated with productivity levels as a proxy for technological performance and productivity changes as proxy for innovative performance.

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“…Colander et al (2004) argue that economics is currently undergoing a fundamental shift in its method away from neoclassical economics and towards something new. Some of them, according to Kwaśnicki (1996), come to modern heterodox thought, namely in evolutionary economics. It can be integrated with or replace neoclassical economics, so it is worth considering.…”

Section: Introductionmentioning

confidence: 99%

“…Evolutionary economics is rooted, according to Kwaśnicki (1996), in four different intellectual traditions: the Austrian economic school (for instance Hayek, 1980), the Schumpeterian tradition (initiated by Schumpeter, 1911), institutionalism (starting with old institutionalism initiated by Veblen, 1967) and the western Marxist school (Marx, 1990). However, the roots of biological analogies so characteristic of evolutionary economics, can be found earlier as well in the work of Marshall (1920).…”

Section: Introductionmentioning

confidence: 99%

The Methodology of evolutionary and neoclassical economics as a consequence of the changes in the concept of human nature

Horodecka¹

2017

Argumenta Oeconomica

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The concept of human nature builds the basis for thinking about economics and its fundamental elements such as methodology, methods and crucial theories. Therefore, changes in the concept of human nature lead to changes in the fundamentals of economics. The goal of the paper is to present this impact using the example of evolutionary and neoclassical economics. The method applied to this research is, among others, a content analysis of the selected texts developed within neoclassical and evolutionary economics and the research undertaken about them. The analysis proves that the main differences between these economic schools might be explained by the diverse assumptions about human nature.

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Knowledge, innovation and economy: An evolutionary exploration

Cited by 11 publications

References 0 publications

What is specific about evolutionary economics?

What is specific about evolutionary economics?

Firms' Differential Innovative Success and Market Dynamics

The Methodology of evolutionary and neoclassical economics as a consequence of the changes in the concept of human nature

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