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Evolutionary Economics and Its Inspiration

In: Enterprise Organization Engineering

Author

Listed:
  • Yanping Liu

    (Guangdong University of Finance and Economics
    Beijing Jiaotong University)

  • Yongzhong Tang

    (Beijing Jiaotong University)

Abstract

From the perspective of disciplinary categories, Enterprise organization engineering belongs to management science, usually based on the corresponding economic premise assumptions and research conclusions. Few economic theories other than evolutionary economics draw on the life sciences research paradigm in the financial system. Therefore, only evolutionary economics can provide the premise assumptions and corresponding research conclusions for Enterprise organization engineering. It is not the first time Enterprise organization engineering has attempted to apply the life sciences research paradigm to economic management; economics has already incorporated the life sciences research paradigm and thus created evolutionary economics. Evolutionary economics results from the integration of life sciences and economic sciences. This chapter introduces evolutionary economics and its inspiration to Enterprise organization engineering, includes history of Evolutionary Economics (the meaning of evolution, “evolution” in the life sciences, the introduction of “evolution” in economic science, the establishment of Evolutionary Economics, the development of it, dilemma and prospects of it), basic principles of Evolutionary Economics (principle of bounded rationality, principle of behavioral inertia, principle of dynamic learning), the main research content of evolutionary economics (research on the nature of enterprise organization, industrial evolution research, economic growth research, path dependency research), the inspiration of Evolutionary economics for Enterprise organization engineering (inspiration of worldview, inspiration of premise assumptions, inspiration of research content).

Suggested Citation

  • Yanping Liu & Yongzhong Tang, 2023. "Evolutionary Economics and Its Inspiration," Springer Books, in: Enterprise Organization Engineering, chapter 0, pages 17-33, Springer.
    • Handle: RePEc:spr:sprchp:978-981-99-1094-6_2
    DOI: 10.1007/978-981-99-1094-6_2
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