Coevolution in Economic Systems
Book Details
Format
Paperback / Softback
Book Series
Elements in Evolutionary Economics
ISBN-10
1108737994
ISBN-13
9781108737999
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jun 10th, 2021
Print length
75 Pages
Weight
160 grams
Dimensions
15.10 x 22.60 x 1.30 cms
Product Classification:
Economic growthPolitical economy
Ksh 3,250.00
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Clarifies and develops how the notion of coevolution can expand the analytical and methodological scope of evolutionary economics, allowing for further unification and advancement of evolutionary subfields.
Coevolution in economic systems plays a key role in the dynamics of contemporary societies. Coevolution operates when, considering several evolving realms within a socioeconomic system, these realms mutually shape their respective innovation, replication and/or selection processes. The processes that emerge from coevolution should be analyzed as being globally codetermined in dynamic terms. The notion of coevolution appears in the literature on modern innovation economics since the neo-Schumpeterian inception four decades ago. In this Element, these antecedents are drawn on to formally clarify and develop how the coevolution notion can expand the analytical and methodological scope of evolutionary economics, allowing for further unification and advance of evolutionary subfields.
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