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About Innovation and Selection
This document discusses definitional issues regarding evolutionary models of technology and innovation. It argues that evolutionary models in economics do not need to map precisely onto biological concepts like organisms and genotypes. Rather, evolutionary models more broadly describe dynamic systems where "manifest entities" like technologies are subject to random variation and selective retention based on environmental pressures. The paper seeks to define technological units and selection mechanisms in economic systems, noting they differ from biological models but can still be usefully analyzed using Darwinian evolutionary principles.
Detailed Information
| Author: | ['Jorge Rasner'] |
|---|---|
| Publication Year: | 2013 |
| Pages: | 44 |
| Language: | English |
| Format: | |
| Price: | FREE |
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