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Coevolution in Economic Systems

Coevolution in Economic Systems

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  • More about Coevolution in Economic Systems

Coevolution in economic systems involves the mutual shaping of innovation, replication, and selection processes, leading to globally codetermined dynamics. This concept has been explored in modern innovation economics since the neo-Schumpeterian inception, expanding the analytical and methodological scope of evolutionary economics and fostering unification and advancement in evolutionary subfields.

\n Format: Paperback / softback
\n Length: 75 pages
\n Publication date: 10 June 2021
\n Publisher: Cambridge University Press
\n


Coevolution in economic systems holds immense significance in the intricate dynamics of contemporary societies. It occurs when multiple evolving realms within a socioeconomic system interactively influence and shape their respective processes of innovation, replication, and/or selection. The outcomes resulting from coevolution should be understood as globally codetermined in dynamic terms. The concept of coevolution has been explored in the literature on modern innovation economics since the neo-Schumpeterian inception four decades ago. In this Element, these antecedents are leveraged to elucidate and refine the ways in which the coevolution notion can broaden the analytical and methodological reach of evolutionary economics, facilitating further unity and progress within evolutionary subfields.

Coevolution in economic systems is a vital aspect of the dynamics of contemporary societies. It occurs when multiple evolving realms within a socioeconomic system interactively influence and shape their respective processes of innovation, replication, and/or selection. The outcomes resulting from coevolution should be understood as globally codetermined in dynamic terms. The concept of coevolution has been explored in the literature on modern innovation economics since the neo-Schumpeterian inception four decades ago. In this Element, these antecedents are leveraged to elucidate and refine the ways in which the coevolution notion can broaden the analytical and methodological reach of evolutionary economics, facilitating further unity and progress within evolutionary subfields.

Coevolution in economic systems is a crucial factor in the intricate dynamics of contemporary societies. It occurs when multiple evolving realms within a socioeconomic system interactively influence and shape their respective processes of innovation, replication, and/or selection. The outcomes resulting from coevolution should be understood as globally codetermined in dynamic terms. The concept of coevolution has been explored in the literature on modern innovation economics since the neo-Schumpeterian inception four decades ago. In this Element, these antecedents are leveraged to elucidate and refine the ways in which the coevolution notion can broaden the analytical and methodological reach of evolutionary economics, facilitating further unity and progress within evolutionary subfields.

\n Weight: 160g\n
Dimension: 151 x 226 x 13 (mm)\n
ISBN-13: 9781108737999\n \n

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