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approach that focusses on complex processes driven by endogenous innovation as well as crisis. The theoretical considerations … economics of self-organization of dynamic markets by ignorant actors -- Firms Navigating Through Innovation Spaces: A … Conceptualization -- A Proposal for a ‘National Innovation System plus Subjective Well Being’ Approach and an Evolutionary Systemic …
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The Evolution of Economic Systems -- The Evolution of Innovation Systems -- Entrepreneurship and Innovation Competition. … interconnected processes of innovation and entrepreneurship, which are the ultimate sources of all economic growth. Twenty two … chapters are provided by renowned experts in the related fields of evolutionary economics and the economics of innovation. …
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The building blocks of our model are bounded-rational actors with specific sets of endowments: ’entrepreneurial spirit’, human capital and venture capital. The entrepreneurial behavior to found a firm is triggered by the individuals’ endowments, their social network and the evaluation of...
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