The Origin and the Evolution of Firms : Information as a Driving Force

The firms and markets of today's complex socio-economic system developed in a spontaneous process termed evolution, in just the same way as the universe, the solar system, the Earth and all that lives upon it. Darwin's theory of evolution clearly demonstrated that evolution involved increa...

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Bibliographic Details
Main Author: Roels, J.A (auth)
Format: Book Chapter
Published: IOS Press 2012
Subjects:
Online Access:Get Fullteks
DOAB: description of the publication
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100 1 |a Roels, J.A  |4 auth 
245 1 0 |a The Origin and the Evolution of Firms : Information as a Driving Force 
260 |b IOS Press  |c 2012 
300 |a 1 electronic resource (232 p.) 
506 0 |a Open Access  |2 star  |f Unrestricted online access 
520 |a The firms and markets of today's complex socio-economic system developed in a spontaneous process termed evolution, in just the same way as the universe, the solar system, the Earth and all that lives upon it. Darwin's theory of evolution clearly demonstrated that evolution involved increasing organization. As we began to explore the molecular basis of life and its evolution, it became equally clear that it depended on the processing and communication of information. This book develops a consistent theory of evolution in its wider sense, examining the information based laws and forces that drive it. Exploring subjects as diverse as economics and the theories of thermodynamics, the author revisits the paradox of the apparent conflict between the laws of thermodynamics and evolution to arrive at a systems theory, tracing a continuous line of evolving information sets that connect the Big-Bang to the firms and markets of our current socio-economic system. 
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546 |a English 
650 7 |a Economic theory & philosophy  |2 bicssc 
650 7 |a Macroeconomics  |2 bicssc 
650 7 |a Impact of science & technology on society  |2 bicssc 
650 7 |a Cosmology & the universe  |2 bicssc 
650 7 |a Thermodynamics & heat  |2 bicssc 
650 7 |a Evolution  |2 bicssc 
653 |a industrial evolution 
653 |a thermodynamics 
653 |a human evolution 
653 |a economic theory 
653 |a socio-economic system 
653 |a Entropy 
653 |a Information set (game theory) 
653 |a Macroscopic scale 
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