Evolutionary economics challenges traditional views, sparks innovation in firm technology.
The article discusses how traditional economics is being challenged by evolutionary economics, which focuses on how firms evolve through technological development and entrepreneurship. Evolutionary economics criticizes the static nature of traditional economics and emphasizes the importance of dynamics, diversity among agents, and continuous innovation in society. The main goal of the paper is to explore the source of technological change within firms and to highlight emerging topics like self-organization and complexity theory in evolutionary economics.