Complexity of economic structures and emergent properties

of propositions This concept revolves around organizations and the differences of their embeddedness in the macro patterns of routines (economic policy regimes), which in turn may differentially provide them – and the system as a whole – with ‘procedural rationality’ in dealing with identified problems in their relevant complex environment. Regularities of interdependence are specified between different regime patterns and the variety of coordination routines between and inside micro organizations. Corresponding regularities are also observed for internal governance routines of organizations, which in turn determine the behavioral adaptation by self-organization that may be rationally in a local perspective, but – contingent on the organization’s embeddedness in the coordination structure – not necessarily so in a comprehensive one. JEL Classification: B52, D20, L22