Yes, Igor, that is how I define the neo-evolutionary model of a triple helix: three coordinating mechansims can be expected to interact into a complex dynamics. The market at each moment of time, knowledge production and innovation over time, and normative control by government and management. The system operates in terms of fluxes; the networks of university-industry-government relations provide the neo-institutional retention mechanisms.
On cannot expect such a system to come to rest; the non-linear dynamics are non-trivial. Furthermore, the various subdynamics operate in terms of codified expectations of themselves and each other. Thus, the system become highly anticipatory; the past is continuously rewritten from the perspective of the future. The latter is specified in terms of expectations. With best wishes, Loet ________________________________ Loet Leydesdorff Amsterdam School of Communications Research (ASCoR) Kloveniersburgwal 48, 1012 CX Amsterdam Tel.: +31-20- 525 6598; fax: +31-20- 525 3681 [EMAIL PROTECTED] ; http://www.leydesdorff.net/ > -----Original Message----- > From: [EMAIL PROTECTED] > [mailto:[EMAIL PROTECTED] On Behalf Of Igor Matutinovic > Sent: Thursday, March 08, 2007 12:06 PM > To: fis@listas.unizar.es > Subject: Re: [Fis] Continuing Discussion of Social and > Cultural Complexity > > Loet wrote: > Yes: because the economy is equilibrating. Innovations upset > the tendency > > towards equilibrium (Schumpeter) and thus induce cycles > into the economy. > > This is the very subject of evolutionary economics. > > > > Marx's problem was that the cycles cannot be stopped and > have a tendency > > to > > become self-reinforcing. However, the modern state adds the > institutional > > mechanism as another subdynamics. > > Besides innovations, even stronger cause of instability of > the capitalist > economy is its tendency to create diversity as a consequence > of competitive > interactions. Diversity, like in ecosystems, means redundancy and > informational entropy (just think about the variety of any > consumer product > available on the market). Because of general technical constraints in > production (production indivisibility, economy of scale, etc.) and > forward-looking investment decisions which are based on incomplete > information, redundancy of firms transfers aperiodically in absolute > redundancy of output (overcapacity) that clears itself during > the downward > phase of the economic cycle. Marx was right in that the > cycles cannot be > stopped but wrong on the prediction that they will become > worse. After the > Great Depression an nstitutional toolbox of countercyclical > policies was > gradually put in effect, which constrained the absolute > values of peaks and > bottoms, but did not eliminate the business cycle. > Redundancy/diversity, on > the other hand, is essential for competition and innovation > to persist in a > economy. It creates informational entropy and gives a momentum to > material/energy entropy production, as the constant influx of > diversity > maintains the economic system in it "juvenile", highly > dissipative state. > > Best > Igor > > > ----- Original Message ----- > From: "Loet Leydesdorff" <[EMAIL PROTECTED]> > To: "'Stanley N. Salthe'" <[EMAIL PROTECTED]>; > <fis@listas.unizar.es> > Sent: Monday, March 05, 2007 8:22 AM > Subject: RE: [Fis] Continuing Discussion of Social and > Cultural Complexity > > > >> It is indeed tempting to suppose that, in the philosophical > >> perspective, the object of human economies is to produce entropy! > >> > >> STAN > > > > Yes: because the economy is equilibrating. Innovations > upset the tendency > > towards equilibrium (Schumpeter) and thus induce cycles > into the economy. > > This is the very subject of evolutionary economics. > > > > Marx's problem was that the cycles cannot be stopped and > have a tendency > > to > > become self-reinforcing. However, the modern state adds the > institutional > > mechanism as another subdynamics. I am sometimes using the > metaphor of a > > triple helix among these three difference subsystems of > communication and > > control: economic equilibration, institutional regulation, > and innovation. > > > > A triple helix unlike a double one cannot be expected to > stabilize (in a > > coevolution), but remains meta-stable with possible > globalization. I > > suppose > > that this has happened. > > > > With best wishes, > > > > > > Loet > > > > _______________________________________________ > > fis mailing list > > fis@listas.unizar.es > > http://webmail.unizar.es/mailman/listinfo/fis > > > > _______________________________________________ > fis mailing list > fis@listas.unizar.es > http://webmail.unizar.es/mailman/listinfo/fis > _______________________________________________ fis mailing list fis@listas.unizar.es http://webmail.unizar.es/mailman/listinfo/fis
