Innovation in Stra. Tech. Man (Strategy-Technology-Management) Terms

Charis Michael Vlados, Fotios Katimertzopoulos, Ioannis Blatsos


The conventional neoclassic approach of the entrepreneurial economic development perceives innovation to a large extent restrictively and unproductively. In a parallel motion, the conventional Keynesian perspective proves to be as well insufficient to study the innovation dynamics evolutionary and dialectically.

On the contrary, toward a theoretical repositioning of the innovation studies, there are appearing new approaches that continue the evolutionary study of the capitalistic Firm’s physiology that began in the mid-20th century.

This paper focuses especially on this theoretical redefinition to innovation dynamics. It tries to unfold a view of the Firm of physiological and evolutionary type, by highlighting a new synthesis of Strategy, Technology and Management (the ‘Stra.Tech.Man’ triangle) that represents the organic center of the produced innovation, inside all socioeconomic organisms.

Full Text:



Abélès M., (2012). Anthropologie de la globalisation. Paris: Payot.

Abell, P., Felin, T., & Foss, N. (2008). Building micro‐foundations for the routines, capabilities, and performance links. Managerial and Decision Economics, 29(6), 489-502.

Acemoglu, D., Gancia, G., & Zilibotti, F. (2015). Offshoring and directed technical change. American Economic Journal: Macroeconomics, 7(3), 84-122.

Adda J., (2012). La mondialisation de l’économie. Paris: La Découverte.

Aghion, P., Bloom, N., Blundell, R., Griffith, R., & Howitt, P. (2005). Competition and innovation: An inverted-U relationship. The Quarterly Journal of Economics, 120(2), 701-728.

Aghion, P., Boulanger, J., & Cohen, E. (2011). Rethinking industrial policy. No. 2011/04. Brussels: Bruegel, 2011.

Alchian, A. A. (1953). Biological analogies in the theory of the firm: comment. The American Economic Review, 43(4), 600-603.

Alfaro, L., & Charlton, A. (2013). Growth and the Quality of Foreign Direct Investment. In Stiglitz, J. E., & Lin, J. L. (eds.). The Industrial Policy Revolution I (pp. 162-204). London: Palgrave Macmillan.

Algan, Y., Cahuc, P., & Shleifer, A. (2013). Teaching practices and social capital. American Economic Journal: Applied Economics, 5(3), 189-210.

Altomonte, C., Bas, M., Bugamelli, M., Colantone, I., Fontagné, L., Forlani, E., ... & Ottaviano, G. I. (2016). Measuring competitiveness in Europe: Resource allocation, granularity and trade. Bruegel Blueprint Series Volume XVIV, January 2016.

Antonelli, C. (2003). The economics of innovation, new technologies, and structural change. London: Routledge.

Aoki, M. (1984). The co-operative game theory of the firm. Oxford: Oxford University Press.

Aoki, M. (2007). Endogenizing institutions and institutional changes. Journal of Institutional Economics, 3(1), 1-31.

Arbib, M. A., Lecci, A. (1972). The metaphorical brain: Introduction to cybernetics as artificial intelligence and brain theory. John Wiley & Sons Inc.

Archibald, G. C. (ed.) (1971). The theory of the firm. Harmondsworth: Penguin Books.

Arena, R., & Lazaric, N. (2003). La théorie évolutionniste du changement économique de Nelson et Winter. Revue économique, 54(2), 329-354.

Argyris, C. (1977). Organizational learning and management information systems. Accounting. Organizations and Society, 2(2), 113-123.

Arkolakis, C., Ramondo, N., Rodríguez-Clare, A., & Yeaple, S. (2013). Innovation and production in the global economy (No. w18972). National Bureau of Economic Research.

Arrow, K. J. (1974). The limits of organization. New York: WW Norton & Company.

Artus, P., & Virard, M. P. (2015). Croissance zéro, comment éviter le chaos?. Paris: Fayard.

Ashby, W. R. (1961). An introduction to cybernetics. Chapman & Hall Ltd.

Aspromourgos, T. (1986). On the origins of the term 'neoclassical'. Cambridge Journal of Economics, 10(3), 265-270.

Augier, M., & Teece, D. J. (2008). Strategy as evolution with design: The foundations of dynamic capabilities and the role of managers in the economic system. Organization studies, 29(8-9), 1187-1208.

Baker, G. L., & Gollub, J. P. (1996). Chaotic dynamics. Cambridge: Cambridge University Press.

Baldwin, R. E. (2012). Global supply chains: why they emerged, why they matter, and where they are going. In Elms, D. K., & Low, P. (eds.). Global Value Chains in a Changing World (pp. 13-60). Lausanne: World Trade Organization Publications.

Balland, P. A., Suire, R., & Vicente, J. (2013). Structural and geographical patterns of knowledge networks in emerging technological standards: Evidence from the European GNSS industry. Economics of Innovation and New Technology, 22(1), 47-72.

Baudry, B., & Chassagnon, V. (2010). The close relation between organization theory and Oliver Williamson's transaction cost economics: A theory of the firm perspective. Journal of Institutional Economics, 6(4), 477-503.

Baudry, B., & Tinel, B. (2003). Une analyse théorique des fondements et du fonctionnement de la relation d'autorité intrafirme. Revue économique, 54(2), 229-251.

Baumol W. J. (1959). Business behaviour, value and growth. London: Macmillan.

Becker, M. C., & Lazaric, N. (Eds.). (2009). Organizational routines: Advancing empirical research. Cheltenham: Edward Elgar Publishing.

Bellone, F., Musso, P., Nesta, L., & Quéré, M. (2008). Market selection along the firm life cycle. Industrial and Corporate Change, 17(4), 753-777.

Boulding, K. E. (1991). What is evolutionary economics?. Journal of Evolutionary economics, 1(1), 9-17.

Boyer, R. & Durand, J.-P. (1993). L'après-fordisme. Paris: Syros.

Boyer, R. (2015). Économie politique des capitalismes. Théorie de la régulation et des crises. Paris: La Découverte.

Brandenburger, A. M., Nalebuff, B. J. (1997). Co-opetion. Currency Doubleday.

Brynjolfsson, E., & McAfee, A. (2015). Le deuxième âge de la machine: Travail et prospérité à l’heure de la révolution technologique. Paris: Odile Jacob.

Buenstorf, G. (2006). How useful is generalized Darwinism as a framework to study competition and industrial evolution?. Journal of Evolutionary Economics, 16(5), 511-527.

Carlino, G., & Kerr, W. R. (2015). Agglomeration and innovation. In Handbook of regional and urban economics (Vol. 5, pp. 349-404). Elsevier.

Chamberlin, E. H. (1933). The theory of monopolistic competition. Cambridge, MA: Harvard University Press.

Chandler, A. D. (1962). Strategy and structure: Chapters in the history of the industrial enterprise. Cambridge, MA: MIT press.

Chaney, T. (2016). Networks in international trade. In Bramoullé, Y., Galleoti, A., & Rogers, B. (eds.). The Oxford Handbook of the Economics of Networks (pp. 754-775). Oxford: Oxford University Press.

Chassagnon, V. (2010). Jalons pour une théorie de la firme comme entité fondée sur le pouvoir: le gouvernement interne et externe des firmes modernes (Doctoral dissertation, Lyon 2).

Chassagnon, V. (2011a). The law and economics of the modern firm: A new governance structure of power relationships. Revue d'économie industrielle, (2), 25-50.

Chassagnon, V. (2011b). Organisation et institution: Vers une socioéconomie de la firme?. International Review of Sociology, 21(3), 447-468.

Chassagnon, V., & Hollandts, X. (2014). Who are the owners of the firm: shareholders, employees or no one?. Journal of Institutional Economics, 10(1), 47-69.

Chassagnon, V., & Vivel, C. (2013). Frank H. Knight and Ronald H. Coase on the nature of the capitalist firm: An analysis of their seminal contributions (1921-1937). History of Economic Ideas, 21(2), 29-52.

Coase, R. H. (1988). The firm, the market and the law. Chicago: Chicago University Press.

Coase, R. H., Gillis, X., & Thiébault, C. (1987). La nature de la firme. Revue française d'économie, 2(1), 133-163.

Coddington, A. (1976). Keynesian economics: the search for first principles. Journal of Economic Literature, 14(4), 1258-1273.

Cohen, D., (2011). La mondialisation et ses ennemis. Paris: Pluriel.

Cohen, M. D. (2007). Reading Dewey: Reflections on the study of routine. Organization Studies, 28(5), 773-786.

Cohendet, P., & Llerena, P. (1999). La conception de la firme comme processeur de connaissances. Revue d'économie industrielle, 88(1), 211-235.

Colander, D. (2000). The death of neoclassical economics. Journal of the history of Economic Thought, 22(2), 127-143.

Colander, D., Holt, R., & Rosser Jr, B. (2004). The changing face of mainstream economics. Review of Political Economy, 16(4), 485-499.

Coriat, B. (1995). Variety, routines and networks: The metamorphosis of Fordist firms. Industrial and Corporate Change, 4(1), 205-227.

Coriat, B., & Weinstein, O. (2010). Les théories de la firme entre “contrats” et “compétences”. Une revue critique des développements contemporains. Revue d'économie industrielle, (129-130), 57-86.

Corm, G., (2010). Le nouveau gouvernement du monde. Paris: La Découverte.

Covey, S. R. (1992). Principle centered leadership. New York: Simon and Schuster.

Cyert, R. M., & March, J. G. (1963). A behavioural theory of the firm. Englewood Cliffs: Prentice Hall.

D’Adderio, L. (2008). The performativity of routines: Theorising the influence of artefacts and distributed agencies on routines dynamics. Research Policy, 37(5), 769-789.

Deming, W. E. (2000). The new economics: For industry, government, education. MIT press.

Dosi, G. (1995). Hierarchies, markets and power: some foundational issues on the nature of contemporary economic organizations. Industrial and Corporate Change, 4(1), 1-19.

Dosi, G., & Winter, S. G. (2003). Interprétation évolutionniste du changement économique. Revue économique, 54(2), 385-406.

Duck, J. D. (1993). Managing change: The art of balancing. Harvard Business Review.

Elias, S. M. (2009). Employee commitment in times of change: Assessing the importance of attitudes toward organizational change. Journal of Management, 35(1), 37-55.

Favereau, O. (2011). New institutional economics versus economics of conventions: the difference between bounded rationality and... bounded rationality. Economic Sociology, the European Electronic Newsletter, 13(1), 22-27.

Fehr, E., Hart, O., & Zehnder, C. (2011). Contracts as reference points: Experimental evidence. American Economic Review, 101(2), 493-525.

Festré, A., & Garrouste, P. (2009). The economic analysis of social norms: A reappraisal of Hayek’s legacy. The Review of Austrian Economics, 22(3), 259-279.

Follett, M. P. (1977). Dynamic administration: the collected papers of Mary Parker Follett. Buccaneer Books.

Fontaine F., Goulard, S., Bodman, B. (2010). La mondialisation. Paris: First Éditions.

Forrester, J. W. (1980). Principes des systèmes. Paris: PUL/CERG.

Foss, N. J. (1999). The use of knowledge in firms. Journal of Institutional and Theoretical Economics, 155(3), 458-486.

Foss, N. J., & Ishikawa, I. (2007). Towards a dynamic resource-based view: Insights from Austrian capital and entrepreneurship theory. Organization Studies, 28(5), 749-772.

Freeman, C., Soete, L., & Mothe, J. D. L. (1995). Work for all or mass unemployment: Computerized technical change into the 21st century. Science and Public Policy, 22(6), 421-422.

Galbraith, J. K (1967). The new industrial state. Princeton University Press.

Garratt, B. (1987). The learning organization. London: Fontana.

Gest (1986). Grappes technologiques. Les nouvelles stratégies d’entreprise. Paris: McGraw-Hill.

Gordon, R. J. (2017). The rise and fall of American growth: The US standard of living since the civil war. Princeton University Press.

Graz J.-C., (2013). La gouvernance de la mondialisation. Paris: La Découverte.

Gulick, D. (2012). Encounters with chaos and fractals (2nd edition). Chapman and Hall/CRC.

Hailey, J., & James, R. (2002). Learning leaders: The key to learning organisations. Development in Practice, 12(3-4), 398-408.

Hall, B. H., Mairesse, J., & Mohnen, P. (2010). Measuring the Returns to R&D. In Hall, B., & Rosenberg, N. (eds.). Handbook of the Economics of Innovation (Vol. 2, pp. 1033-1082). North-Holland.

Hamel, G., & Prahalad, C. K. (1994). Competing for the future. Boston, MA: Harvard Business School Press.

Hamel, G. (2000). Leading the revolution. New York: Penguin Books.

Harle, E., Jouanneault. D. (1984). L'entreprise en tant que système. Paris: PUL.

Hart, O. (1989). An economist's perspective on the theory of the firm. Columbia Law Review, 89(7), 1757-1774.

Hart, O., & Holmstrom, B. (2010). A theory of firm scope. The Quarterly Journal of Economics, 125(2), 483-513.

Hawley, A. (1950). Human ecology: A theory of community structure. New York: Ronald Press.

Hayes, M. (2008). The Economics of Keynes: A new guide to the General Theory. Cheltenham UK and Northampton US: Edward Elgar Publishing.

Hodgson, G. M. (2002). The legal nature of the firm and the myth of the firm-market hybrid. International Journal of the Economics of Business, 9(1), 37-60.

Hodgson, G. M. (2010). Darwinian coevolution of organizations and the environment. Ecological Economics, 69(4), 700-706.

Hodgson, G. M. (2012). From pleasure machines to moral communities: An evolutionary economics without homo economicus. Chicago: University of Chicago Press.

Hodgson, G. M., & Knudsen, T. (2007). Evolutionary theorizing beyond Lamarckism: a reply to Richard Nelson. Journal of Evolutionary Economics, 17(3), 353-359.

Holmstrom, B. (1999). The firm as a subeconomy. Journal of Law, Economics, and organization, 15(1), 74-102.

Holmstrom, B., & Roberts, J. (1998). The boundaries of the firm revisited. Journal of Economic perspectives, 12(4), 73-94.

Howson, S. (2001). Why didn't Hayek review Keynes's general theory? A partial answer. History of Political Economy, 33(2), 369-374.

Jaques, E. (2017). Requisite organization: A total system for effective managerial organization and managerial leadership for the 21st century. Routledge.

Juran, J. (1988). Juran on planning for quality. New York: The Free Press.

Katimertzopoulos, F., & Vlados, C. M. (2017). Local support mechanisms for entrepreneurship: The approach of local development and innovation institutions. International Journal of Business and Economic Sciences Applied Research, 10(1), 30-41.

Kautz, R. (2011). Chaos: The science of predictable random motion. Oxford: Oxford University Press.

Keynes, J. M. (1936). The general theory of employment, interest and money. London: Macmillan.

Kim, W. C., Mauborgne, R. (2005) Blue ocean strategy: How to create uncontested market space and make competition irrelevant. Boston, MA: Harvard Business Review Press.

Kotter, J. P. (1996). Leading change. Harvard Business School Press

Lawson, T. (2012). Ontology and the study of social reality: Emergence, organisation, community, power, social relations, corporations, artefacts and money. Cambridge Journal of Economics, 36(2), 345-385.

Leibenstein, H. (1978). General X-Efficiency theory and economic development. Oxford: Oxford University Press.

Leromain, E., & Orefice, G. (2014). New revealed comparative advantage index: Dataset and empirical distribution. International Economics, 139, 48-70.

Lesourne J. (1978). La théorie des systèmes et la théorie économique. Economie Appliquée, 31(3-4), 319-336.

Levitt, B., & March, J. G. (1988). Organizational learning. Annual Review of Sociology, 14(1), 319-338.

Lewin, P., & Phelan, S. E. (2000). An Austrian theory of the firm. The Review of Austrian Economics, 13(1), 59-79.

Loasby, B. J. (2007). A cognitive perspective on entrepreneurship and the firm. Journal of Management Studies, 44(7), 1078-1106.

Loasby, B. J. (2009). Knowledge, coordination and the firm: Historical perspectives. The European Journal of the History of Economic Thought, 16(4), 539-558.

Machlup, F. (1959). Statics and dynamics: Kaleidoscopic words. Southern Economic Journal, 91-110.

Mäki, U. (2004). Theoretical isolation and explanatory progress: transaction cost economics and the dynamics of dispute. Cambridge Journal of Economics, 28(3), 319-346.

Marshall, A. (1879). The pure theory of domestic values. London: London School of Economics and Political Science.

Marshall, A. (1890). Principles of economics (8th edition, 1920). London: Macmillan.

Marshall, A. (1919). Industry and trade. London: Macmillan.

Martin, L. (1993). Changing the mind of the corporation. Harvard Business Review.

Masaaki, I. (1986). Kaizen: The key to Japan's competitive success. New York: MacGraw-Hill.

Menard, C. (1994). L’Economie des organisations. Paris: La Decouverte.

Morgan, J. (Ed.). (2015). What is neoclassical economics?: Debating the origins, meaning and significance. London: Routledge.

Moss Kanter, R. (2009) SuperCorp: How vanguard companies create innovation, profits, growth, and social good. Crown Business.

Nelson, R. R. (2007). Comment on: Dismantling Lamarckism: why descriptions of socio-economic evolution as Lamarckian are misleading, by Hodgson and Knudsen. Journal of Evolutionary Economics, 17(3), 349-352.

Nonaka, I., & Takeuchi, H. (1995). The knowledge-creating company. New York: Oxford University Press.

Nonaka, I., & Konno, N. (1998). The concept of “ba”: Building a foundation for knowledge creation. California Management Review, 40(3), 40-54.

Nooteboom, B. (2009). A cognitive theory of the firm: Learning, governance and dynamic capabilities. Cheltenham: Edward Elgar Publishing.

Nordstrom, K., & Ridderstrale, J. (2007) Funky Business Forever: How to enjoy capitalism. Pearson Education Canada.

North, D. C. (1990). Institutions, institutional change, and economic performance. Cambridge: Cambridge University Press.

North, D. C. (2005). Understanding the process of economic change. Princeton: Princeton University Press.

OECD (2014). New sources of growth: Knowledge-based capital. Paris.

OECD (2015). Manuel de Frascatti. Paris.

OECD (2016). Science, technology and innovation outlook. Paris.

Oreg, S. (2003). Resistance to change: Developing an individual differences measure. Journal of Applied Psychology, 88(4), 680.

O'sullivan, A., & Sheffrin, S. M. (2003). Economics: Principles in action. New Jersey: Pearson Prentice Hall.

Paunov, C., & Guellec, D. (2017). Digital innovation and the distribution of income. In Corrado C., Miranda J., Haskel J. et Sichel D. (eds). Measuring and accounting for innovation in the 21st century. NBER, Book Series in Income and Wealth.

Penrose, E. T. (1952). Biological analogies in the theory of the firm. The American Economic Review, 42(5), 804-819.

Perez, C. (2003). Technological revolutions and financial capital. Cheltenham: Edward Elgar Publishing.

Porter, M. E. (1991). Towards a dynamic theory of strategy. Strategic management journal, 12(S2), 95-117.

Porter, M. E. (1996). What is strategy?. Harvard Business Review, pp. 61-78.

Porter, M. E., & Heppelmann, J. E. (2015). How smart, connected products are transforming companies. Harvard Business Review, 93(10), 96-114.

Prahalad, C. K. (2004). The future of competition: Co-creating unique value. Harvard Business School Press

Prahalad, C.K., & Hamel, G. (1990). The core competence of the corporation. Harvard Business Review, 3, 79-91.

Prigogine, I. (1976). Games of chance and necessity. Nature, 262(5571), 823-824.

Roberts, J. (2010). Designing incentives in organizations. Journal of Institutional Economics, 6(1), 125-132.

Rowley, J., & Hartley, R. (2017). Organizing knowledge: An introduction to managing access to information. Routledge.

Rueff, J. (1947). The fallacies of lord Keynes' general theory. The Quarterly Journal of Economics, 61(3), 343-367.

Samuelson, P. A. (1951). Economics-an introductory analysis. New York, London and Toronto McGraw-Hill Book Company, Inc.

Sapir, J., (2010). La démondialisation. Paris: Seuil.

Scherer, F. M., Ross, D. (1990). Industrial market structure and economic performance. Houghton Mifflin Company.

Schreyögg, G., & Kliesch‐Eberl, M. (2007). How dynamic can organizational capabilities be? Towards a dual‐process model of capability dynamization. Strategic Mmanagement Journal, 28(9), 913-933.

Schumpeter, J. (1934). The theory of economic development. Cambridge, MA: Harvard University Press.

Schumpeter, J. (1942). Capitalism, socialism and democracy. New York: Harper and Row.

Senge P. (1993). The fifth discipline: The art & practice of the learning organization. London: Century Business.

Shackle, G. L. S. (1967). The years of high theory. Cambridge: Cambridge U.P

Silva, S. T., & Teixeira, A. A. (2009). On the divergence of evolutionary research paths in the past 50 years: a comprehensive bibliometric account. Journal of Evolutionary Economics, 19(5), 605.

Simon, H. (1982). Models of bounded rationality. Cambridge, MA: The MIT Press.

Sollow, R. M. (1957). Technical change and the aggregate production function. The Review of Economics and Statistics, 312-320.

Spilanis, Ι, & Vlados, C. M. (1994). Development dynamics in Southern Europe. Studies in Regional & Urban Planning, 3, 301-316.

Sraffa, P. (1926). The laws of returns under competitive conditions. The Economic Journal, 36(144), 535-550.

Sweezy, P. M. (1946). John Maynard Keynes. Science & Society, 398-405.

Tarondeau, J. C. (1999). Le management des savoirs et le renouveau de la pensée stratégique. Humanisme et Entreprise, (236), 97-115.

Veblen, T. (1898). Why is economics not an evolutionary science?. The Quarterly Journal of Economics, 12(4), 373-397.

Veblen, T. (1900). The preconceptions of economic science. The Quarterly Journal of Economics, 14(2), 240-269.

Vernengo, M. (2010). Conversation or monologue? On advising heterodox economists. Journal of Post Keynesian Economics, 32(3), 389-396.

Vlados C. M. (1992a). Les dimensions technologiques dans la théorie de la régulation et la contribution de Coriat sur la conception analytique de la production de la technique et de la science. Diplôme d’Etudes Approfondies (D.E.A.). Séminaire de Recherche mineur sous la direction de B.Madeuf. Université de Paris X-Nanterre.

Vlados, C. M. (1992b). Politiques industrielles et stratégies des groupes multinationaux dans les secteurs de base-industrie des matériaux en Europe. Diplôme d’Etudes Approfondies (D.E.A.). Séminaire de Recherche majeure sous la direction de M. Delapierre (CEREM). Université de Paris X-Nanterre.

Vlados, C. M. (1996). International restructuring dynamics of competitive advantage. Middle East Forum, 1, 233-252.

Vlados, C. M. (2004). La dynamique du triangle stratégie, technologie et management: L’ insertion des entreprises Grèques dans la globalisation. Thèse de doctorat de Sciences Économiques. Université de Paris X-Nanterre.

Vlados, C. M. (2005). The insertion of Greek firms into globalization: the dynamics of the triangle of strategy, technology and management. Tome of Proceedings of International Conference: Managing Global Trends and Challenges in a Turbulent Economy. University of the Aegean: Department of Business Administration.

Vlados, C. M. (2007). Development dynamics in South-Eastern Europe: The challenge of the new paradigm of cooperation, Middle East Forum, 6.

Vlados, C. M. (2012). The search of competitiveness and the entrepreneurial evolution in a global environment: Toward a new approach of development dynamics based on the case of Greek productive system. Journal of Management Sciences and Regional Development, 8.

Vlados, C. M., Deniozos, N., & Chatzinikolaou, D. (2018a). Towards a new approach of local development under crisis conditions: Empowering the local business ecosystems in Greece, by adopting a new local development policy. International Journal of Regional Development, 5(1).

Vlados, C. M., Deniozos, N., & Chatzinikolaou, D. (2018b). The “evil globalization” & the central dialectic tug-of-war in the new globalization’s shaping. Civitas Gentum, 6(1), 89-134.

Vlados, C. M., Deniozos, N., Chatzinikolaou, D., & Demertzis, M. (2018a). Towards an evolutionary understanding of the current global socio-economic crisis and restructuring: From a conjunctural to a structural and evolutionary perspective. Research in World Economy, 9(1).

Vlados, C. M., Deniozos, N., Chatzinikolaou, D., & Demertzis, M. (2018b). Perceiving competitiveness under the restructuring process of globalization. International Journal of Business and Management, 13(8).

Von Bertalanffy. L. (1973). Theorie generale des systemes. Paris: Ed Dunod.

Walras, L. (1874). Eléments d’économie politique pure ou théorie de la richesse sociale (Elements of Pure Economics, or the theory of social wealth). Lausanne, Paris.

Weinstein, O., & Azoulay, N. (2000). Les compétences de la firme. Revue d'économie industrielle, 93(1), 117-154.

Weintraub, E. R. (2002). Neoclassical economics. In Henderson, D. R. (ed.). Concise Encyclopedia of Economics (1st ed.). Library of Economics and Liberty.

Wenting, R. (2009). 6. The inheritance of organizational routines and the emergence of a firm genealogy in the fashion design industry. In Becker, M., & Lazaric, N. (eds.). Organizational Routines: Advancing Empirical Research (pp. 103-128). Cheltenham: Edward Elgar.

Wernerfelt, B. (1984). A resource‐based view of the firm. Strategic Management Journal, 5(2), 171-180.

Wiener, N. (1948). Cybernetics or control and communication in the animal and the machine. John Wiley.

Williamson, O. (1991). Comparative economic organization: The analysis of discrete alternative. Administrative Science Quarterly, 36, 269-296.

Williamson, O. (1999). Strategy research: Governance and competence perspectives. Strategic Management Journal, 20, 1087-1108.;2-Z

Williamson, O. (2000). The new institutional economics: Taking stock, looking ahead, Journal of Economic Literature, XXXVIII, 595-613.

Winter, S. G. (2006). Toward a neo-Schumpeterian theory of the firm. Industrial and Corporate Change, 15(1), 125-141.

Witt, U. (2008). What is specific about evolutionary economics?. Journal of Evolutionary Economics, 18(5), 547-575.

In Greek

Βλάδος, Χ. Μ. (2006). Η δυναμική της παγκοσμιοποίησης και οι επιχειρήσεις στην Ελλάδα. Αθήνα: Εκδόσεις Κριτική.

Βλάδος, Χ. Μ. (2007). Η δυναμική της παγκοσμιοποίησης και η νέα προβληματική της τοπικής ανάπτυξης: Στοιχεία για την σύσταση μηχανισμών ενίσχυσης του καινοτομικού δυναμικού των τοπικών παραγωγικών συστημάτων. Στο Συλλογικό Έργο Ειδικά Θέματα Ανάπτυξης σε Λιγότερο Ευνοημένες Περιοχές (ΛΕΠ). Αθήνα: Gutenberg.

Βλάδος, Χ. Μ. (2014). Τομές στην ελληνική κρίση. Αθήνα: Εκδόσεις Κριτική.

Βλάδος, Χ. Μ. (2016). Στρατηγική μικρομεσαίων επιχειρήσεων σε συνθήκες κρίσης: Η προσέγγιση Stra.Tech.Man. Αθήνα: Εκδόσεις Κριτική.

Βλάδος, Χ. Μ. (2017). Παγκόσμια κρίση, καινοτομία και διαχείριση αλλαγής: Η οπτική Stra.Tech.Man. Αθήνα: Εκδόσεις Κριτική.


Note 1: However, this critique of the conventional neoclassical and Keynesian tradition does not imply that there is no important progress and evolution in these schools of thought nowadays. See, for example: (Vernengo, 2010; Weintraub, 2002).

Note 2: This scientific hypothesis was empirically tested (Vlados, 2004) for the Greek productive ‘ecosystem’. It was proved, particularly, that the Greek economy has a peculiar ‘fauna’ of businesses (Βλάδος, 2006).



  • There are currently no refbacks.

Copyright (c) 2019 Charis Michael Vlados, Fotios Katimertzopoulos, Ioannis Blatsos

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Journal of Entrepreneurship and Business Innovation  ISSN 2332-8851

Copyright © Macrothink Institute 

To make sure that you can receive messages from us, please add the '' domains to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', please check your 'spam' or 'junk' folder.