Evolutionary Theories of Economic and Technological Change: Present Status and Future Prospects, 1st Edition (e-Book) book cover

Evolutionary Theories of Economic and Technological Change

Present Status and Future Prospects, 1st Edition

Edited by (Pier) Paolo Saviotti, Stan Metcalfe


286 pages

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Recently, evolutionary theories of economic and technological change have attracted a considerable amount of attention which reflects the problems encountered by mainstream analysis of dynamic phenomena and quantitative change. This book, originally published in 1991, develops the debate and draws on the concepts of evolutionary biology, nonequilibrium thermodynamics, systems and organization theory. While recognizing that new technology is not the cause of quantitative change, the editors claim it should play a more central role in economic theory and policy. At the same time, the ground is laid for a more generalized concept of innovation and experimentation and their relation to routine activities. The book is intended for economists.

Table of Contents

1. Present Development and Trends in Evolutionary Economics P. P. Saviotti and J. S. Metcalfe

2. Is There a General Theory of Biological Evolution? G. S. Mani

3. Evolution in Biology, Physics and Economics: A Conceptual Analysis M. Faber and J. L. R. Proops

4. Organisation and Information in the Evolution of Economic Systems N. Clark

5. Evolution and Intention in Economic Theory G. Hodgson

6. On Some Notions of Irreversibility in Economics G. Dosi and J. S. Metcalfe

7. Evolutionary Human Systems: Learning, Ignorance and Subjectivity P. M. Allen and M. Lesser

8. The Role of Variety in Econonmic and Technological Development P. P. Saviotti

9. A Computer Simulation of Economic Growth and Technical Progress in a Multisectoral Economy S. Smith

10. Econometric Methodology in an Environemnt of Evolutionary Change J. Foster

11. Innovation Policy in an Evolutionary Context K. Smith

About the Series

Routledge Library Editions: The Economics and Business of Technology

Originally published between 1967 and 1999 the 50 volumes in this set examine the impact of technology on economics and international business. The volumes:

  • Present a synthesis of business functions and economic analysis and ask what the implications for skills development are and the effect of public policy
  • Report on global companies' experience with computers in company training in such areas as banking, finance, insurance, manufacturing, IT, the retail industry, transport, telecommunications and energy.
  • Look at the way in which some businesses in high technology manufacturing industry have organised their structures and processes in order to manage product innovation effectively.


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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economics / General
BUSINESS & ECONOMICS / International / Economics
BUSINESS & ECONOMICS / Economics / Theory