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Flexibility and Stability in the Innovating Economy$
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Maureen McKelvey and Magnus Holmén

Print publication date: 2006

Print ISBN-13: 9780199290475

Published to Oxford Scholarship Online: May 2006

DOI: 10.1093/0199290474.001.0001

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(p.1) 1 Introduction
Flexibility and Stability in the Innovating Economy

Maureen McKelvey (Contributor Webpage)

Magnus Holmén (Contributor Webpage)

Oxford University Press

This introductory chapter discusses the book’s focus on the nature of industrial dynamics, structural change, and transformation in our time. The aim is to understand, conceptualize, and explain what changes and what does not in the economy, and how individual actors and ‘systems’ relate to each other through differences in perceptions and actions. The central focus is on the question of evolutionary processes and complex transformation in the economy, with a particular emphasis on the nature of flexibility and stability.

Keywords:   industrial dynamics, structural change, transformation, economy, change, systems, perceptions, actions, evolutionary processes

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