Evolution and economic complexity: an overview

John Foster () and John Metcalfe

Economics of Innovation and New Technology, 2009, vol. 18, issue 7, 607-610

Abstract: The articles in this special issue are based upon a selection of papers presented at the 'Brisbane Club' section of the 2007 STOREP Conference. We provide introductory reviews of these articles and briefly assess their contributions to the advancement of our understanding of economic evolution, and the associated process of innovation. In particular, we discuss why it is necessary to adopt a complex systems perspective, which deals explicitly with the creation and transmission of new knowledge, as the analytical foundation of evolutionary economic modelling.

Keywords: agent-based modelling; complexity; complex system; evolutionary economics; innovation; knowledge; networks (search for similar items in EconPapers)
Date: 2009
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DOI: 10.1080/10438590802564477

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