(Ebook PDF) New Developments in Evolutionary Innovation Novelty Creation in a Serendipitous Economy 1st edition by Gino Cattani, Mariano Mastrogiorgio 0192573969 9780192573964 full chapters

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ISBN-10 :  0192573969 

ISBN-13 :  9780192573964

Author: Gino Cattani, Mariano Mastrogiorgio 

The growth of evolutionary thinking has had a profound impact on economic theory and related fields such as strategy and technological innovation. An important paradigm that underlies the evolutionary theory of innovation is neo-Darwinian evolution. According to this paradigm, evolution is gradualist and based on the mechanisms of variation, selection, and retention. Since the 1970s, theoretical advancements in evolutionary biology have recognised the central role of punctuated equilibrium, speciation, and exaptation. However, despite their significant influence in evolutionary biology, these advancements have been reflected only partially in evolutionary approaches to economics, strategy, and innovation. The aim of this book is to review these advancements and explore their implications, with a particular emphasis on the role of serendipity and unprestateability in innovation and novelty creation.

New Developments in Evolutionary Innovation: Novelty Creation in a Serendipitous Economy 1st Table of contents:

1. New Developments in Evolutionary Innovation: An Introduction
2. New Frontiers: Punctuated Equilibrium, Speciation, and Exaptation in Innovation
Evolutionary theory in economics, strategy, and innovation
An overview of the current paradigm_ neo-Darwinian evolution
Towards a new paradigm_ punctuated equilibrium, speciation, and exaptation
A short digression: is there a true link between biology and technology?
Serendipity, unprestateability, and disequilibrium_ a new paradigm
Innovating without planning: an option-based logic
3. On The Origins of The Airframe Revolution: Managing Exaptive Radical Innovation
Introduction
The airframe revolution
The exaptive origins of the airframe revolution
Discussion
Conclusions
Acknowledgments
Glossary
4. A Non-Predictive View: Evolution, Unprestateability, Disequilibrium
Evolution, unprestateability, and disequilibrium
An excursus on equilibrium in the economic debate
The physical roots of equilibrium
Equilibrium and market efficiency
Beyond equilibrium_ unprestateable evolution
5. New Evolutionary Theory Via Simulation: NK Landscapes and Beyond
NK landscapes in evolutionary theory
The classical NK landscape
Generalized NK landscapes
Unprestateable evolution
Holey landscapes
Beyond landscapes: towards a quantum formalism?
History-friendly modelling
6. From Trees to Networks: Technological Evolution from the Complexity Angle
Patent data in innovation research: beyond localness
Network approaches to technological evolution
Main paths, islands, and the genetic approach
Networks, economic complexity, and disequilibrium
7. The Search Function and Evolutionary Novelty
Introduction
Passive environments and organisms in economics and biology
Teeming environments and organism-specificity
The role of search images and functional search
A side note: science and life as problem-solving
Search and novelty: implications for economics and innovation
Conclusion
Acknowledgements
8. Extended Cognition and The Innovation Process
Introduction
Theoretical background
The exaptive innovation process in an extended perspective
Organizational implications: reconceptualizing practicality
Conclusions
9. Organizing for Unprestateability: An Option-Based Approach
Unprestateable innovation: the need of an option-based approach
An option-based approach to functional expansion: basic principles
A stylized option-valuation setting
Shadow optionality
Inducing functional expansion through serendipity arrangements
Shadow optionality, serendipity, and competitive advantage
10. The Cultural Evolution of Creative Ideas and Social Innovations: A Complex Systems Approach
Introduction
In what sense does technology evolve?
Creativity: the process that drives cultural evolution
How creativity drives innovation in a social system
The role of creative destruction
An economic example and a social innovation response
A complex systems approach to social innovation and its relationship to worldviews

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New Developments,Evolutionary Innovation,Novelty Creation,Serendipitous Economy,Gino Cattani, Mariano Mastrogiorgio