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Recent Developments in Evolutionary Biology and Their Relevance for Evolutionary Economics

In: The Two Sides of Innovation

Author

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  • Karin Knottenbauer

    (RWTH Aachen)

Abstract

The paper gives attention to the question of whether the development of evolutionary theories in biology over the last 20 years has any implications for evolutionary economics. Though criticisms of Darwin and the modern synthesis have always existed, most of them have not been widely accepted or have been absorbed by the mainstream. Recent findings in evolutionary biology have started to question again the main principles of the modern synthesis. These findings suggest that phenomena of co-operation, communication, and self-organization have been underestimated, and that selection is not the predominant factor of evolution, but only one among many. Thus, in evolutionary economics, the question is whether the popular variation-retention-selection principle is still up to date. The implications for evolutionary economics with respect to analogies, generalized Darwinism, and the continuity hypothesis are also addressed.

Suggested Citation

  • Karin Knottenbauer, 2013. "Recent Developments in Evolutionary Biology and Their Relevance for Evolutionary Economics," Economic Complexity and Evolution, in: Guido Buenstorf & Uwe Cantner & Horst Hanusch & Michael Hutter & Hans-Walter Lorenz & Fritz Rahmeyer (ed.), The Two Sides of Innovation, edition 127, pages 291-309, Springer.
    • Handle: RePEc:spr:eccchp:978-3-319-01496-8_15
    DOI: 10.1007/978-3-319-01496-8_15
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    Cited by:

    1. Jon Barrutia & Jon Mikel Zabala-Iturriagagoitia, 2018. "Towards an epigenetic understanding of evolutionary economics and evolutionary economic geography," Evolutionary and Institutional Economics Review, Springer, vol. 15(2), pages 213-241, December.

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