There has been a remarkable growth in evolutionary economics since the 1980s. But despite this outward success there has been inner disagreement on fundamental issues including the building blocks of evolutionary theory and the very meaning of ‘evolution’ itself. This essay provides a philosophical perspective on both the defining agreements and ongoing disputes within evolutionary economics. I...

1 How Business Strategy and Technology Impact the Role and the Tasks of CIOs: An Evolutionary Model Tomi Dahlberg, Åbo Akademi University and Turku School of Economics, University of Turku, Turku, Finland Päivi Hokkanen, Turku School of Economics, University of Turku, Turku, Finland Mike Newman, Manchester Business School, University of Manchester, Manchester, UK and Turku School of Economics, ...

Recently, a growing literature, known as the new classical economics, attempts to resurrect the classical economic thoughts on division of labor within an analytical framework inherited from neoclassical economics. The paper inspects the feasibility of this approach and finds that the current analytical framework of the new classical economics is not able to spell out how individuals’ decisions...

This paper sheds new light on the concept of selection in evolutionary economics. The interpretation of natural evolution has experienced significant changes in the last decades, while these developments have been often ignored by economists. This is especially true for the concept of selection, a key concept in many evolutionary approaches. In economics as well as in biology, selection is seen...

Dopfer and Potts (2008) have proposed a new analytic foundation to evolutionary economics based on the unified rule approach. While they contend that their approach is ontologically and analytically coherent and useful, scholars sympathetic with it, e.g., Ostrom and Basurto (2011), have called for further methodological and empirical specification. In the same vein, this paper seeks to develop ...

Evolutionary genetics studies the patterns and mechanisms of genetic changes underlying evolutionary change. Because biological diversity at all levels (including population, species, and ecosystem diversity) has a genetic basis and is a result of evolution, evolutionary genetics provides insight into the ultimate mechanisms creating biodiversity. Evolutionary genetics utilizes empirical tools ...