Evolutionary Economics and the Stra.Tech.Man Approach of the Firm Into Globalization Dynamics

Dimos Chatzinikolaou and Charis Vlados

No 27-2019, DUTH Research Papers in Economics from Democritus University of Thrace, Department of Economics

Abstract: This article aims to examine whether the “Stra.Tech.Man” approach (Vlados, 2004), which explores the dialectical synthesis between strategy, technology, and management inside all socioeconomic organisms fulfills the requirements to be an analysis of evolutionary direction. It tries to answer this question, in particular, by examining the theoretical foundations of evolutionary economics and the subsequent evolutionary theorization of the firm that stems analytically from evolutionary economics. With this goal in mind, an overview of the relatively recent literature is attempted by presenting some of the significant contributions to evolutionary economics and the evolutionary theory of the firm. Next, it examines the specific way of building the Stra.Tech.Man approach on the production process of innovation and change management, by analyzing how this can lead to the structuration of an evolutionary direction of business planning for any socioeconomic organism.

Keywords: Evolutionary economics; Evolutionary firm theory; Evolutionary approach; Stra.Tech.Man approach; Evolutionary business plan (search for similar items in EconPapers)
JEL-codes: B15 B52 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2019-10-01
New Economics Papers: this item is included in nep-bec, nep-evo and nep-hme
Note: Business, Management and Economics Research, Vol. 5, No. 10, pp. 146-160
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Journal Article: Evolutionary Economics and the Stra.Tech.Man Approach of the Firm into Globalization Dynamics (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:ris:duthrp:2019_027

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