New publication from Jutta Günther & Julia Sinnig: „Economic transition and innovation development in China from an evolutionary economics perspective“
as a dynamic process where the economy is constantly changing. At its core lies innovation in the sense of new products or production processes, which keep an economy in motion. The evolutionary literature [...] is a process, not just a single event at a certain point in time or “manna from heaven.” In this sense, innovation includes a learning process that involves the supply side and the market or demand side