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In the wake of the financial crisis one of the major challenges faced by policymakers in Europe and around the world is re-kindling economic growth and innovation. Recent research portrays economic growth as a process of evolution of ecosystems of technologies and industrial capabilities. This research has also shown a strong relationship between the development of the complexity of economies in ...

Traditional economics uses models that assume limited interaction between agents, simplistic behavioural assumptions and equilibrium analysis. Yet economies and social systems are often strongly correlated, heterogeneous and far from equilibrium hence traditional approaches do not provide the tools to understand, model or design systems in rapid change. The current financial and world order consti ...