Innovation, Complexity and Economic Evolution

Innovation, Complexity and Economic Evolution: from Theory to Policy *

Pier Paolo Saviotti *

Ch. 1. Manmade artefacts, physical technologies and institutions *

Introduction *

2) Manmade artefacts and structural change in socioeconomic systems *

2.1) MMAs and the twin characteristics representation *

2.2) Generalised production of services. *

2.3) MMAs, wants, needs and basic human functions *

2.4) Analytical implications of the twin characteristic representation *

Fig 1.4. Characteristics representation of pure substitution. T1 = pre-existing technology; T2 = new technology *

Fig 1.5. Twin characteristics representation of partial substitution. T1 = old technology, T2 = new technology *

Box 1.1 *

Examples of different types of substitution *

Box 1.2 *

Examples of technological specialization *

3) Concepts in the economics of innovation. *

3.1) Innovation concepts and the twin characteristics representation *

3.2) General Purpose Technologies (GPTs). *

4) MMAs, physical technologies and the environment *

4.1) Sharing economy *

5) Institutions and organizational forms *

5.1) Transformations and transitions *

6) Summary and conclusions *

ECONOMICS, QUALITATIVE CHANGE AND DISCONTINUITIES *

1) The nature of qualitative change *

2) Qualitative and quantitative change *

2.1) Is it possible to distinguish qualitative and quantitative change? *

2.2) Variety vs differentiation *

2.3) Implications of qualitative and quantitative change *

3) Some analytical implications *

3.1) Competition *

3.2) Complementarity *

3.3 Demand theory *

4) Conclusions *

Ch 3 *

ADAPTIVE BEHAVIOUR AS THE MOST GENERAL FORM OF SOCIOECONOMIC BEHAVIOUR *

Introduction *

2) Adaptation and systems *

2.1) System stability and change *

2.2) System dynamics *

2.4) Closed and open systems *

3) Adaptive Behaviour *

3.1) ADTO and ADOF *

3.2) Collective and individual adaptation *

3.3) Adaptation, stability and change *

3.4) Fitness *

3.5) Barriers to adaptation *

4) Adaptive behaviour vs optimizing rationality *

Summary. *

Ch 4. KNOWLEDGE AND ECONOMICS *

1. INTRODUCTION *

2) Some considerations on the nature of knowledge *

2.2) Two properties of knowledge *

2.2.1) Knowledge as a co-relational structure. *

3. Knowledge in socioeconomic systems *

3.1. The production of knowledge *

3.2. Knowledge and institutions *

4). EMPIRICAL APPLICATIONS *

4.1) The knowledge base of the firm *

4.2) Knowledge properties *

5. Summary and conclusions *

Ch 5 Structural change, Differentiation and Economic Development *

1) From stylized facts to theoretical understanding *

1.1) Stylized facts *

1.2) Efficiency and creativity *

1.3) Structural change, differentiation and economic development *

1.5) Structure, order and change *

2) Structural change and differentiation in the literature on economic growth and development *

2.1) Models *

2.2) Empirical studies of variety and diversification *

3) Present state and future developments *

4) Summary and conclusions *

CH 6. COMPLEXITY AND EVOLUTIONARY THEORIES. *

2) Antecedents and recent developments *

2.1) Evolutionary and constructivist rationalisms as alternative modes of knowledge. *

2. 2). Structure, order and change *

2.1.3) Rules and institutions *

2.3) Complexity and evolutionary theories *

3) Summary *

Ch 7. EVOLUTIONARY POLITICAL ECONOMICS *

Introduction *

2) On the interactions between innovations, technologies and institutions in recent history *

2.1) The rise of manufacturing *

2.2) From manufacturing to services *

2.3) Recent trends: globalization, neoliberalism, AI, Knowledge based economy and society *

3) Human decision-making *

4) Summary and conclusions *

Ch 8 *

POLICY IMPLICATIONS OF EVOLUTIONARY ECONOMICS *

1) Future trends and policy implications *

1.1. World challenges *

1.2) Main points of evolutionary economics *

2) Policy implications *

2.4) Environment *

3) Summary and conclusions of Ch 8 *

REFERENCES *