Author Description

Review ‘The editor has brought together an excellent collection of 25 essays. Overall the editor is to be congratulated in bringing together a superb collection of essays in the field, and for providing a very informative introduction. Given the increasing interest in evolutionary economics, this volume is a must for every economics library.’ -- Geoffrey Hodgson, The Economic Journal Product Description Evolutionary economics has become a major heterodox approach over the last decades. Its roots can be traced back to Schumpeter and Veblen. More recently, an important role is also played by analogies to evolutionary biology, notably to natural selection models. As this research review explains, the approach of evolutionary economics offers an improved understanding of market processes, industry dynamics, structural change, and economic growth as being driven by human innovativeness. About the Author Edited by Ulrich Witt, Director Emeritus of the Evolutionary Economics Research Group, Max Planck Institute for the Science of Human History, Germany and Adjunct Professor, Griffith Business School, Griffith University, Australia