Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 7-Day Trial for You or Your Team.

Learn More →

Complexity thinking and evolutionary economic geography

Complexity thinking and evolutionary economic geography Thus far, most of the work towards the construction of an evolutionary economic geography has drawn upon a particular version of evolutionary economics, namely the Nelson-Winter framework, which blends Darwinian concepts and metaphors (especially variety, selection, novelty and inheritance) and elements of a behavioural theory of the firm. Much less attention has been directed to an alternative conception based on complexity theory, yet in recent years complexity theory has increasingly been concerned with the general attributes of evolutionary natural and social systems. In this article we explore the idea of the economic landscape as a complex adaptive system. We identify several key notions of what is being called the new ‘complexity economics’, and examine whether and in what ways these can be used to help inform an evolutionary perspective for understanding the uneven development and adaptive transformation of the economic landscape. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Economic Geography Oxford University Press

Complexity thinking and evolutionary economic geography

Journal of Economic Geography , Volume 7 (5) – Sep 18, 2007

Loading next page...
 
/lp/oxford-university-press/complexity-thinking-and-evolutionary-economic-geography-alrkLad0O4

References (97)

Publisher
Oxford University Press
Copyright
© Published by Oxford University Press.
ISSN
1468-2702
eISSN
1468-2710
DOI
10.1093/jeg/lbm019
Publisher site
See Article on Publisher Site

Abstract

Thus far, most of the work towards the construction of an evolutionary economic geography has drawn upon a particular version of evolutionary economics, namely the Nelson-Winter framework, which blends Darwinian concepts and metaphors (especially variety, selection, novelty and inheritance) and elements of a behavioural theory of the firm. Much less attention has been directed to an alternative conception based on complexity theory, yet in recent years complexity theory has increasingly been concerned with the general attributes of evolutionary natural and social systems. In this article we explore the idea of the economic landscape as a complex adaptive system. We identify several key notions of what is being called the new ‘complexity economics’, and examine whether and in what ways these can be used to help inform an evolutionary perspective for understanding the uneven development and adaptive transformation of the economic landscape.

Journal

Journal of Economic GeographyOxford University Press

Published: Sep 18, 2007

Keywords: complexity theory evolution economic landscape networks emergence regional adaptation

There are no references for this article.