The Evolution of Economic and Innovation Systems

1. Front Matter

   Pages i-vii

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2. Introduction: The Evolution of Economic and Innovation Systems

   • John Foster, Andreas Pyka

   Pages 1-5

3. The Evolution of Economic Systems

   1. Front Matter

      Pages 7-7

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   2. Energy, Knowledge and Economic Growth

      • John Foster

      Pages 9-39

   3. Metabolic Growth Theory: Market-Share Competition, Learning Uncertainty, and Technology Wavelets

      • Ping Chen

      Pages 41-68

   4. A General Model of the Innovation - Subjective Well-Being Nexus

      • Hans-Jürgen Engelbrecht

      Pages 69-90

   5. The Signs of Change in Economic Evolution

      • Esben Sloth Andersen, Jacob Rubæk Holm

      Pages 91-117

   6. The Evolution and Impact of China’s Regional Policy: A Study of Regional Support Policy for Western China

      • Xiang Deng, Zheng Lu, Xuezheng Chen

      Pages 119-141

4. The Evolution of Innovation Systems

   1. Front Matter

      Pages 143-143

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   2. Evolution: Complexity, Uncertainty and Innovation

      • Peter M. Allen

      Pages 145-170

   3. Intentionality and the Emergence of Complexity: An Analytical Approach

      • Félix-Fernando Muñoz, María-Isabel Encinar

      Pages 171-190

   4. Isolation and Technological Innovation

      • Peter Hall, Robert Wylie

      Pages 191-210

   5. The Emergence of Technological Paradigms: The Evolutionary Process of Science and Technology in Economic Development

      • Keiichiro Suenaga

      Pages 211-227

   6. Policy Exploration with Agent-Based, Economic Geography Methods of Regional Economic Integration in South Asia

      • Hans-Peter Brunner, Kislaya Prasad

      Pages 229-250

   7. Coping with System Failure: Why Connectivity Matters to Innovation Policy

      • Lykke Margot Ricard

      Pages 251-276

5. Entrepreneurship and Innovation Competition

   1. Front Matter

      Pages 277-277

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   2. A Generic Innovation Network Formation Strategy

      • Harold Paredes-Frigolett, Andreas Pyka

      Pages 279-308

   3. Intellectual Property as a Complex Adaptive System

      • David A. Harper

      Pages 309-339

   4. Entrepreneurial Catch Up and New Industrial Competence Bloc Formation in the Baltic Sea Region

      • Gunnar Eliasson, Pontus Braunerhjelm

      Pages 341-372

   5. Absorptive Capacity and Innovation: When Is It Better to Cooperate?

      • Abiodun Egbetokun, Ivan Savin

      Pages 373-399

This book is at the cutting edge of the ongoing ‘neo-Schumpeterian’ research program that investigates how economic growth and its fluctuation can be understood as the outcome of a historical process of economic evolution. Much of modern evolutionary economics has relied upon biological analogy, especially about natural selection. Although this is valid and useful, evolutionary economists have, increasingly, begun to build their analytical representations of economic evolution on understandings derived from complex systems science. In this book, the fact that economic systems are, necessarily, complex adaptive systems is explored, both theoretically and empirically, in a range of contexts. Throughout, there is a primary focus upon the 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.

• Complexity
• Economic Development
• Economic Growth
• Entrepreneurship
• Evolutionary Economics
• Neo-Schumpeterian

• Chair for Economics of Innovation, University of Hohenheim, Stuttgart, Germany

  Andreas Pyka

• School of Economics, University of Queensland, Brisbane, Australia

  John Foster

Andreas Pyka is Professor of Economics and holds the chair of innovation economics at the Business and Economics Faculty of the University of Stuttgart-Hohenheim, Germany. He has degrees in management sciences and economics (University of Augsburg) and he received his PhD from the University of Augsburg. His main fields of research are industrial dynamics, Neo-Schumpeterian Economics and innovation networks drawing on numerical approaches, in particular agent-based modeling.

John Foster is Professor of Economics at the University of Queensland, Brisbane, Australia, Fellow of the Academy of Social Science in Australia, Life Member of Clare Hall College, Cambridge, Director of the UQ Energy Economics and Management Group and past President of the International J.A. Schumpeter Society. He has degrees in Business (Coventry University) and Economics (University of Manchester); he received his PhD from the University of Manchester. His current research areas include: the macroeconomy as a complex adaptive system; evolutionary modeling of economic growth; the application of self-organization theory to statistical/econometric modeling in the presence of structural transition; the economics of innovation, the economics of renewable energy.

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