Economics, Evolution and the State
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Economics, Evolution and the State

The Governance of Complexity

9781845424381 Edward Elgar Publishing
Edited by Kurt Dopfer, Professor of Economics, University of St Gallen, Switzerland
Publication Date: 2005 ISBN: 978 1 84542 438 1 Extent: 368 pp
This book focuses on the emerging field of evolutionary economic policy, highlighting the interface between the state, markets, and the evolutionary complexity of modern economies.

The contributors explore the possibilities and limitations of governance, and provide a unique platform for the advancement of modern evolutionary economic theory.

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This book focuses on the emerging field of evolutionary economic policy, highlighting the interface between the state, markets, and the evolutionary complexity of modern economies.

The contributors explore the possibilities and limitations of governance, and provide a unique platform for the advancement of modern evolutionary economic theory. Decision-making is discussed, with particular reference to:

• economic evolution as an open process
• self-organization and networks
• the political economy of complexity.

Issues of evolutionary economic governance at various levels of aggregation are also examined. Inspired by evolutionary thinking, a range of models emerge from the study, illustrating the variety and complexity of evolutionary governance of economic systems.

Exploring the little investigated aspects of an evolutionary economic policy, this collection of original papers goes beyond the traditional confines of positive theory, making a long overdue contribution to the field of evolutionary economics. It will therefore be invaluable to a wide ranging audience including evolutionary and institutional economists, governmental scientists, management scientists and scholars following an interdisciplinary approach in the social and cognitive sciences.
Contributors
Contributors: H.-P. Brunner, U. Cantner, K. Dopfer, M.H. Dunn, M. Friedrich-Nishio, H. Grupp, H. Hanusch, R.P. Hellbrück, C. Herrmann-Pillath, W. Kerber, M. Klaes, L.T. Koch, I.D. Lacasa, A. Pyka, P.P. Saviotti, J. Schwerin, G. Wegner, W. Weidlich, C.C. von Weizsäcker, C. Werker
Contents
Contents:
Introduction
Kurt Dopfer
Part I: Economic Evolution as Open Process
1. Heterogeneity and Evolutionary Change – Concepts and Measurement
Uwe Cantner and Horst Hanusch
2. Is the Notion of Progress Compatible with an Evolutionary View of the Economy?
C. Christian von Weizsäcker
3. Reconciling Evolutionary Economics with Liberalism
Gerhard Wegner
4. Historical Economics and Evolutionary Economic Policy – Coasean Perspectives
Matthias Klaes
Part II: Self-organisation and Networks
5. The Concept of Network Organisation – Biotechnology-based Industries as Exemplar
Andreas Pyka and P. Paolo Saviotti
6. Sociodynamics – An Integrated Approach to Modelling in the Social Sciences
Wolfgang Weidlich
7. The Concept of Space in Trade – Some Evolutionary Basics
Carsten Herrmann-Pillath
8. Economic Policy – A Process of Communication
Lambert T. Koch
9. Why Endogeneity is Not Enough to Explain Technological Change – A Critique of Paul Romer
Malcolm H. Dunn
Part III: The Political Economy of Complexity
10. Innovation and the Learning Policy Maker – An Evolutionary Approach Based on Historical Experience
Joachim Schwerin and Claudia Werker
11. The National German Innovation System – Its Development in Different Governmental and Territorial Structures
Hariolf Grupp, Icíar Dominguez Lacasa and Monika Friedrich-Nishio
12. Emergence and Diffusion of Disastrous Innovations – A Case Study
Reiner Peter Hellbrück
13. Applying Evolutionary Economics to Public Policy – The Example of Competitive Federalism in the EU
Wolfgang Kerber
14. Can Evolutionary Economics Make a Billion $ Difference for 60 Per Cent of the World’s Poor in Asia?
Hans-Peter Brunner
Index
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