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Evolutionary economics: In defence of 'vagueness'

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  • Matthias Klaes

Abstract

Evolutionary economics is an increasingly influential but vaguely defined field of economic research. This article discusses different ways of defining evolutionary economics: at its object level, at the level of core concepts and, distinguishing between meaning determinist and meaning finitist interpretations, as a social institution. A meaning finitist interpretation of 'evolutionary economics', referring to evolutionary economics as a social institution, is suggested to provide a positive account of the diversity of attempts to define evolutionary economics, drawing from an evolutionary framework of the diffusion of labels denoting fields of research.

Suggested Citation

  • Matthias Klaes, 2004. "Evolutionary economics: In defence of 'vagueness'," Journal of Economic Methodology, Taylor & Francis Journals, vol. 11(3), pages 359-376.
    • Handle: RePEc:taf:jecmet:v:11:y:2004:i:3:p:359-376
    DOI: 10.1080/1350178042000252992
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    Cited by:

    1. Denise Dollimore & Geoffrey Hodgson, 2014. "Four essays on economic evolution: an introduction," Journal of Evolutionary Economics, Springer, vol. 24(1), pages 1-10, January.
    2. Pedro Cosme Vieira & Aurora A. C. Teixeira, 2010. "Are finance, management, and marketing autonomous fields of scientific research? An analysis based on journal citations," Scientometrics, Springer;Akadémiai Kiadó, vol. 85(3), pages 627-646, December.
    3. Andy Pike & Kean Birch & Andrew Cumbers & Danny MacKinnon & Robert McMaster, 2009. "A Geographical Political Economy of Evolution in Economic Geography," Economic Geography, Clark University, vol. 85(2), pages 175-182, April.
    4. Andy Pike & Andrew Cumbers & Stuart Dawley & Danny MacKinnon & Robert McMaster, 2015. "Doing evolution in economic geography," Papers in Evolutionary Economic Geography (PEEG) 1532, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Sep 2015.
    5. Gernot Grabher, 2009. "Yet Another Turn? The Evolutionary Project in Economic Geography," Economic Geography, Clark University, vol. 85(2), pages 119-127, April.
    6. Ron Boschma & Ron Martin, 2010. "The Aims and Scope of Evolutionary Economic Geography," Chapters, in: Ron Boschma & Ron Martin (ed.), The Handbook of Evolutionary Economic Geography, chapter 1, Edward Elgar Publishing.
    7. Geoffrey Hodgson & Kainan Huang, 2012. "Evolutionary game theory and evolutionary economics: are they different species?," Journal of Evolutionary Economics, Springer, vol. 22(2), pages 345-366, April.

    More about this item

    Keywords

    evolutionary-economics; conceptual-ambiguity; conceptual-vagueness; heterodox-economics; meaning-finitism;
    All these keywords.

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches

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