Strategic Management, Evolutionary Economics, and Complex Adaptive Systems

Strategic Management, Evolutionary Economics, and Complex Adaptive Systems

Carl Henning Reschke (Institute for Management Research Cologne, Germany) and Sascha Kraus (Vienna University of Economics & Business Administration, Austria)
Copyright: © 2008 |Pages: 23
DOI: 10.4018/978-1-59904-962-5.ch008
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Abstract

This chapter sketches a strategic map of a selection of the relevant issues at the intersection of economics, psychology, sociology, and evolutionary theories applied to strategic management. It takes an evolutionary complexity perspective, based on a (manageable) selection of the relevant literature. The discussion focuses on evolutionary processes of change and their implications for strategic planning and related issues of organisation. The chapter concludes by discussing practical and research issues.

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