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The Evolutionary Complexity of Endogenous Innovation

The Engines of the Creative Response

Cristiano Antonelli

The notion of endogenous innovation as the outcome of the creative response of firms to out-of-equilibrium conditions is the cornerstone of the new evolutionary complexity. This book elaborates and applies the theoretical framework established in the author’s previous work Endogenous Innovation: The Economics of an Emergent System Property. This volume carefully explores the role of the reactivity of firms to out-of-equilibrium conditions. It also examines the quality of knowledge governance mechanisms in assessing the levels of externalities that define the likelihood of creative responses, as an alternative to adaptive responses.
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Cristiano Antonelli

This book elaborates, implements, applies and tests the theoretical framework presented in Antonelli, C. (2017), Endogenous Innovation: The Economics of an Emergent System, Cheltenham, UK and Northampton, MA: Edward Elgar Publishing. For this purpose it uses and recombines material drawn from the following publications: Chapter 2: Antonelli, C. and Ferraris, G.L. (2011), ‘Innovation as an emerging system property: An agent based model’, Journal of Artificial Societies and Social Simulation, 14 (2); Chapter 3: Antonelli, C. and Ferraris, G. (2017), ‘The Marshallian and Schumpeterian microfoundations of evolutionary complexity: An agent based simulation model’, in A. Pyka and U. Cantner (eds), Foundations of Economic Change: A Schumpeterian View on Behaviour, Interaction and Aggregate Outcomes, Berlin, Heidelberg and New York: Springer, pp. 461–500; Chapter 4: Antonelli, C. and Colombelli, A. (2015), ‘External and internal knowledge in the knowledge generation function’, Industry and Innovation, 22, 273–98; Chapter 5: Antonelli, C. and Fassio, C. (2016), ‘The role of external knowledge(s) in the introduction of product and process innovations’, R&D Management, 46, 979–91; Chapter 6: Antonelli, C. and Colombelli, A. (2015), ‘The knowledge cost function’, International Journal of Production Economics, 168, 290–302; Chapter 7: Antonelli, C. and Gehringer, A. (2016), ‘The cost of knowledge and productivity dynamics. An empirical investigation on a panel of OECD countries’, in A.N. Link and C. Antonelli (eds), Strategic Alliances: Leveraging Economic Growth and Development, London: Routledge, pp. 155–74; Chapter 8: Antonelli, C., Crespi, F. and Scellato, G. (2015), ‘Productivity growth persistence: Firm strategies, size and system properties’, Small Business Economics, 45, 129–47; Chapter 9: Antonelli, C. and Ferraris, G. (2017), ‘The creative response and the endogenous dynamics of pecuniary knowledge externalities: An agent based simulation model’, Journal of Economic Interaction and Coordination,

I would therefore like to thank all my co-authors on the above contributions to this volume: Alessandra Colombelli, Francesco Crespi, Claudio Fassio, Gianluigi Ferraris and Giuseppe Scellato – all of the Bureau of Research on Innovation, Complexity and Knowledge (BRICK), Collegio Carlo Alberto, Moncalieri, Italy – and Agnieszka Gehringer of the Flossbach von Storch Research Institute, Cologne, Germany.