3,298 research outputs found

    Value and utility in a historical perspective

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    Since value and utility are the highest profile abstractions that underlie an epoch’s intellectual climate and ethical principles, their evolution reflects the transformation of socioeconomic conditions and institutions. The “Classical Phase” flourished during the first global system, laissez-faire/metal money/zero multilateralism (GS1); the second, “Subjective/Utilitarian” phase marked the long transition to the current epoch of “Modern Subjectivism/General Equilibrium,” tied to the second and extant global system, mixed economy/minimum reserve banking/weak multilateralism (GS2). History has witnessed the material de-essentialization of value and substantialization of utility. But now the two concepts face a thorough transvaluation as the world’s combined demographic and economic expansion encounters ecological/physical limitations. An extended macrohistoric implosion may lead to a third form of global self-organization: two-level economy/maximum bank reserve money/strong multilateralism (GS3). If history unfolds along the suggested path, not only economics, but also thinking about economics would change. It would be considered an evolving hermeneutic of the human condition expressed through global-system-specific texts. The implied critical alteration, with the recognition of the entropy law’s importance as its focal point, matches the prediction of Swiss thinker Jean Gebser (1905-1973) about the impending mutation of human consciousness into its integral/arational structure. Such extrapolations form the context in which the fourth historical phase of value and utility is hypothesized, leading to the material re-essentialization of value and de-substantialization of utility

    An entrepreneurial model of economic and environmental co-evolution

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    A basic tenet of ecological economics is that economic growth and development are ultimately constrained by environmental carrying capacities. It is from this basis that notions of a sustainable economy and of sustainable economic development emerge to undergird the ‘standard model’ of ecological economics. However, the belief in ‘hard’ environmental constraints may be obscuring the important role of the entrepreneur in the coevolution of economic and environmental relations, and hence limiting or distorting the analytic focus of ecological economics and the range of policy options that are considered for sustainable economic development. This paper outlines a co-evolutionary model of the dynamics of economic and ecological systems as connected by entrepreneurial behaviour. We then discuss some of the key analytic and policy implications.

    The Evolution Conditions of Strategic Emerging Industry System

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    The strategic emerging industry system is a dynamic  system, has openness, non-equilibrium, non stability and fluctuation. On the basis of the  Prigogine, the Theory of Dissipative Structure, the paper  studies  the  evolution conditions and operation mechanism of   the strategic emerging industry system. The evolution development of system depends on the  change of  total entropy, ( which  includes  two  parts, the internal entropy production dis and the external entropy flow des, namely ds=dis+des).In addition, the Brussels model of strategic emerging industry system is established on the basis of Brusselator model. Which explores the relationships of disand des each other in the  system. The quantified research on the conditions of dissipative structure of strategic emerging industry system is  done  a  study.The strategic emerging industry system is a dynamic system, has openness, non-equilibrium, non stability and fluctuation. On the basis of the Prigogine, the Theory of Dissipative Structure, the paper studies the evolution conditions and operation mechanism of the strategic emerging industry system. The evolution development of system depends on the change of total entropy, ( which includes two parts, the internal entropy production dis and the external entropy flow des, namely ds=dis+des).In addition, the Brussels model of strategic emerging industry system is established on the basis of Brusselator model. Which explores the relationships of disand des each other in the system. The quantified research on the conditions of dissipative structure of strategic emerging industry system is done a study

    Social media use and the challenge of complexity: evidence from the technology sector.

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    Social Media encourages networks in the complex and dynamic environment within which firms are immersed. The purpose of this study is to analyze the role and impact of Social Media on complexity variables and organizational performance. More specifically, we explore the presence of elements of “spontaneous order creation”: heterogeneous agents with motives to connect with each other, and their impact on innovativeness and dissipative structures. The research model was tested on a sample of 201 technology firms through Structural Equation Modelling (SEM). Our research contributes to extant literature by exploring the impact of digitally enabled networks (Social Media) on complexity dynamics through analysis of their influence on firm performance. We aim to advance explanation of how increasing complexity changes behavioral dynamics in complex ecosystems, and how information and Social Media can be used to cope with the new managerial challenges posed by increasing digital complexity.This work was supported by the Spanish Ministry of Economy, Industry, and Competitiveness within the framework of two projects: ECO2017-88222-P and B-SEJ-042-UGR18. Moreover, it was supported also with funds provided by the University of Malaga and Granada

    Research on Self-organization Evolution Mechanism of Chao Lake Environmental Protection Policy

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    DOI: 10.7176/DCS/8-10-54 Abstract The environmental protection policy is a complex nonlinear system with spontaneous spontaneity and self-adaptation. Its evolution process cannot be fully explained by the existing policy change theory. Since the 1960s, Self-organization Theory of systems science has opened up a new path to the study of complex systems. Self-organization Theory including: Dissipative Structure TheorySynergetics; Chaotic TheoryHypercycle Theory; Fractal Theory; Morphogensis Theory. In this paper, Self-organization Theory is introduced into the framework of environmental protection policy change. The Chao Lake is selected as the research object. Based on the analysis of the evolution process of Chao Lake environmental protection policy, the self-organization mechanism of policy evolution is analyzed, and the result is used to predict the development trend of the policy. Keywords: Environmental Protection Policy, Evolution, Self-organization Theory, Chao Lak

    An Empirical Study on Performance Evaluations of Regional Innovation System Based on Management Entropy Theory

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    The performance evaluation of the regional innovation system (RIS) based on the management entropy theory can dynamically describe its overall innovation level and its development trend. This article describes the content of management entropy theory and analyzes its function mechanism of the RIS. On the basis of above, this article establishes its own index evaluation system and entropy evaluation model. At last, the empirical analysis of Hebei province is taken to support the theory

    Value Sinks: A Process Theory of Corruption Risk during Complex Organizing

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    Theories and studies of corruption typically focus on individual ethics and agency problems in organizations. In this paper, we use concepts from complexity science to propose a process theory that describes how corruption risk emerges from conditions of uncertainty that are intrinsic in social systems and social interactions. We posit that our theory is valid across multiple levels of scale in social systems. We theorize that corruption involves dynamics that emerge when agents in a system take actions that exploit disequilibrium conditions of uncertainty and ethical ambiguity. Further, systemic corruption emerges when agent interactions are amplified locally in ways that create a hidden value sink which we define as a structure that extracts, or ‘drains’, resources from the system for the exclusive use of certain agents. For those participating in corruption, the presence of a value sink reduces local uncertainties about access to resources. This dynamic can attract others to join the value sink, allowing it to persist and grow as a dynamical system attractor, eventually challenging broader norms. We close by identifying four distinct types of corruption risk and suggest policy interventions to manage them. Finally, we discuss ways in which our theoretical approach could motivate future research

    Capacity for Complexity: Evolving connective capacities of program management in complex governance processes

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