Evolutionary Processes and Organizational Adaptation

Discover the intricate dynamics of organizational adaptation in Evolutionary Processes and Organizational Adaptation by Daniel A. Levinthal. Published by Oxford University Press in 2021, this insightful hardback spans 160 pages, delving into the fundamental question: How do firms truly adapt? Levinthal explores whether adaptation arises from rational choice and intentionality or through evolutionary processes. By drawing on the pioneering ideas of Gregor Mendel, this book constructs a unique framework that bridges these two perspectives, offering readers a fresh understanding of how organizations evolve. Ideal for scholars and practitioners in the fields of economics and organizational theory, this work is a must-read for anyone interested in the adaptive dynamics that shape the business landscape.