Evolutionary perspectives on economic resilience in regional development
Emil Evenhuis and
Stuart Dawley
Chapter 13 in Creating Resilient Economies, 2017, pp 192-205 from Edward Elgar Publishing
Abstract:
In this chapter we will discuss how the mechanisms and drivers of regional economic resilience can be theorised using evolutionary approaches in economic geography. We focus on evolutionary approaches that draw from three main theoretical frameworks: Generalised Darwinism, Complexity Theory, and Path Dependency. We will review each of the three frameworks with regard to their understanding of regional economic resilience, with particular attention to their treatment of the roles of agency, institutions and multi-scalar processes. We conclude that the Path Dependency approach – so far relatively neglected in debates on regional resilience – offers the greatest theoretical insight into these interrelated domains and provides the basis for a more comprehensive evolutionary resilience research agenda.
Keywords: Business and Management; Development Studies; Economics and Finance; Geography (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:17125_13
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