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Innovation, learning and organisation are analysed from a perspective which seeks to integrate evolutionary economics, the resource/competence view of the firm, an extended theory of transaction costs and insights derived from cognitive science. Firms are subject to selection by competitive forces, but they also adapt by organisational learning. Uncertainty is crucial in this, and to deal with it we need a 'logic of abduction': a heuristic to move from present competence to novel competence, while surviving in the process. Such a heuristic is specified and some features are clarified by means of the notion of a script, taken from cognitive science. The heuristic is applied in an analysis of changes of industrial structure, the complementarity of large and small firms, the roles of multinational enterprises and industrial districts. Oxford University Press « Previous | Next Article » Table of Contents This Article Camb. J. Econ. (1999) 23 (2): 127-150. doi: 10.1093/cje/23.2.127 » Abstract Free Full Text (PDF) Free Classifications Article Services Article metrics Alert me when cited Alert me if corrected Find similar articles Similar articles in Web of Science Add to my archive Download citation Request Permissions Citing Articles Load citing article information Citing articles via CrossRef Citing articles via Scopus Citing articles via Web of Science Citing articles via Google Scholar Google Scholar Articles by Nooteboom, B. Search for related content Related Content D23 - Organizational Behavior; Transaction Costs; Property Rights O30 - General O33 - Technological Change: Choices and Consequences; Diffusion Processes Load related web page information Share Email this article CiteULike Delicious Facebook Google+ Mendeley Twitter What's this? 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Cambridge Journal of Economics – Oxford University Press
Published: Mar 1, 1999
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