The article "An Evolutionary Theory of Economic Change" by Nelson and Winter, explores how businesses adapt and change over time. The authors look at how companies learn and evolve to survive in a competitive market. They find that successful businesses often experiment with new ideas and strategies to stay ahead. This process, known as "evolutionary economics," suggests that companies grow and improve by learning from their experiences and adapting to new challenges. The researchers' work shows that in the world of economics, change and innovation are key to long-term success.