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Learning and Innovation in Organizations and Economies$
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Bart Nooteboom

Print publication date: 2001

Print ISBN-13: 9780199241002

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199241002.001.0001

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Evolution 1

Evolution 1

Chapter:
(p.75) 4 Evolution1
Source:
Learning and Innovation in Organizations and Economies
Author(s):

Bart Nooteboom

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199241002.003.0004

This chapter examines the usefulness of an evolutionary perspective. It is useful, in some respects, but experiences many pitfalls when applied in socio-economic contexts. There, institutions form at least part of the selection environment. However, they not only select but also enable and constitute behaviour, and they are themselves shaped by the behaviour that they select. Furthermore, by focusing on population effects, evolutionary theory tends to neglect adaptation and innovation by learning. This is especially serious since the generation of novelty is embedded in the selection process. It is argued that the biological metaphor of evolution may have reached the point of being more misleading than useful.

Keywords:   evolutionary theory, organizational learning, evolutionary economics, novelty, selection environment

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