Epilogue

Article Abstract:

Evolutionary theories can be adopted in the contexts of policies, organizations and markets for providing an insight into the behavior of organizations and developments at a system level. The use of evolutionary theories in decision-making provides unexpected and counterintuitive results but these theories also have certain drawbacks as they focus mainly on survival and may neglect to consider the changes in the selection environment.

Operations Research, Decision-making, Decision making, Comparative analysis, Management research

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The Boston bio-bang: the emergence of a "regional system of innovation"

Article Abstract:

Small, locally located innovative biotech companies, which are considered as reservoirs of new concepts and ideas that have a great impact on their sectors, are emerging at a very fast rate. Large numbers of biotech companies develop different strategies to adapt and survive the competition and are entwined with their selection environment, which encourages variety by keeping the companies small.

Forecasts, trends, outlooks, Drugs, Biotechnology industry, Biotechnology industries, Forecasts and trends, Market trend/market analysis

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Evolutionary theory in the administrative sciences: introduction

Article Abstract:

The application of evolutionary theory to administrative sciences helps in interpreting the variation, the process of replication of the generated variation and delineating the population from the selection in view of the Darwinian theory. Key concepts, which are essential for understanding the evolutionary theory and its application in administrative sciences, are discussed.

Research and Development in the Social Sciences and Humanities, Management & Information Science, Management Science, Evaluation, Organizational research

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