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2014
- handle: 10670/1.jq8j4i
- hal: hal-01415115
- doi: 10.1002/sej.1184
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info:eu-repo/semantics/altIdentifier/doi/10.1002/sej.1184
http://creativecommons.org/licenses/by-nc-nd/ , info:eu-repo/semantics/OpenAccess
Mots-clés
Entrepreneurship Economic opportunity Novelty StrategySujets proches
Natural scenery Countryside Landscape Scenery Scenic landscapesCiter ce document
Teppo Felin et al., « Economic Opportunity and Evolution: Beyond Landscapes and Bounded Rationality », HAL-SHS : économie et finance, ID : 10.1002/sej.1184
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Résumé
The nature of economic opportunity has recently received significant attention in entrepreneurship and strategy. The notion of search on an (NK) opportunity landscape has been particularly relevant to these conversations and debates. We argue that existing notions of landscapes are overly focused on bounded rationality and search (often instantiated as the problem of NP-completeness), rather than focusing on how to account for the readily manifest, emergent novelty we see in the economic sphere (the “frame problem”). We discuss the entrepreneurial and economic implications of these arguments by building on unique insights from biology, the natural and computational sciences.