Evolution in Practice: Case Studies of Economic Adaptation

Klaus Solberg Söilen ()
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Klaus Solberg Söilen: Halmstad University

Chapter 7 in Applied Evolutionary Economics, 2025, pp 95-102 from Springer

Abstract: Abstract This chapter presents real-world case studies that illustrate how evolutionary principles—adaptation, variation, selection, and coevolution—operate across industries, technologies, and institutions. From the rise of electric vehicles and fintech to the fall of Kodak and the growth of microfinance, these examples show how firms and systems evolve in response to external pressures and internal dynamics. The cases provide practical insights into how evolutionary thinking helps explain market transformation and organizational change, laying the groundwork for evaluating the strengths and limitations of this approach in the next chapter.

Keywords: Evolutionary economics; Case studies; Adaptation; Selection; Coevolution; Innovation; Institutional change; Market transformation; Technological disruption; Economic resilience (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/978-3-032-03683-4_7

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