An evolutionary perspective offers many new insights in the study of group dynamics. First, groups are an inevitable aspect of human evolution, suggesting that humans have evolved a range of psychological mechanisms to deal with specific challenges of group living. Second, an evolutionary perspective combines and integrates knowledge from different social science disciplines such as psychology,...

Several social scientists, including ‘evolutionary economists’, have expressed scepticism of ‘biological analogies’ and rejected the application of ‘Darwinism’ to socio-economic evolution. Among this group, some have argued that self-organisation is an alternative to biological analogies orDarwinism.Others have seen ‘artificial selection’ as an alternative to natural selection in the socio-econ...

This paper seeks to offer a theoretical platform where the modern “resource-based view” of the firm might meet with evolutionary economics and the study of entrepreneurship, and with the economics of industrial organization. It does so by proposing the concept of the “resource economy” within which productive resources are produced and exchanged between firms. This is presented as the dual of t...

This paper explores the economic and cultural contribution of the arts and its effect on economic growth and evolution. The crucial connection is supplied by an innovation systems perspective on the creative industries. In this view, the creative industries contribute not just to value-added and jobs, but more importantly, to the evolutionary process by which economic systems grow. This paper t...

This research suggests that a Darwinian evolution of entrepreneurial spirit played a significant role in the process of economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting traits generated an evolution...

A methodology of comparative analysis of evolutionary models is proposed. The main aim of this proposition is to identify to what extend different models can be called ‘evolutionary ones’. Each model is analysed by searching for answers to following questions: • Is the model dynamical one? • Is it focused on far-from-equilibrium analysis? • What are a unit of evolution and a unit of selection? ...

A ustrian economics has been important to the development of modern economics, but its role in current practice is much diminished. The neoclassical approach dominates today’s thinking. Many Austrians bemoan this state of affairs; most neoclassical economists just ignore it. But Austrian and neoclassical economics aren’t mutually exclusive. Each represents a distinctive point of view, although ...