The short answer is that yes, that should work. It's certainly worth a
crack.
The long answer is definitely maybe. Building Boost is non-trivial. You
will observe several patch files in boost_1.36.0.bb, and quite a lot of
intelligence in boost-36.inc, that may or may not all work with 1.37.
I am bitbaking OSSIE image which requires boost library.Openembedded doesn't
contain recipe of boost version 1.37 and I want to use that version during my
build.Which code I need to edit of the existing recipes say of boost_1.36.0.bb
for this.Will simply changing name of recipe to boost_1.37