EMIDWORLD 3rd International Congress on Economics Public Finance Business & Social Sciences, Baku, Azerbaycan, 13 - 15 Kasım 2025, ss.1-12, (Tam Metin Bildiri)
Linear, static models
are inadequate in modeling the interactions of dynamic and complex elements of
systems consisting of interacting elements. Accordingly, in order to model such
systems, an approach that can reflect the dynamic structure into the model was
needed. Advances in information processing technology, increased experience in
computer simulation, a better understanding of strategic decision-making and
the importance of feedback in complex systems have further increased this need.
As a result of this increasing need, the “System Dynamics Approach” was
introduced to the simulation modeling literature by Jay Forrester in the 1950s.
“System Dynamics” is a dynamically structured simulation modeling approach that
examines the development of the components and relationships that affect the
behavior of a system over time. System dynamics models aim to mimic the
real-world system by modeling the mathematical, logical and symbolic
relationships between the elements that make up the simulated system. From the
1950s to the present, system dynamics; Operations Research has been adopted in
the research fields of Management Science and Business Economics and has found
a place in the literature with various themes. The aim of this study is to
holistically present the historical development of the concept of "System
Dynamics" in the research fields of "Operations Research,"
"Management Science," and "Business Economics," which can
be filtered as "application area" in Web of Science, to analyze its
thematic evolution and to reveal trends in the literature. Data obtained from
the Web of Science Core Collection database were collected through a query
containing different spellings of the concept of "System Dynamics."
Due to the frequent use of "System Dynamics" in different
disciplines, the analysis was limited to the research fields of
"Operations Research," "Management Science," and
"Business Economics." Data obtained from the query were analyzed by
year using VOSviewer software. Co-occurrence networks based on author keywords
were created in the analysis, visualizing the thematic evolution of the concept
across different periods. As a result of the study, the thematic orientation of
“System Dynamics” in the research areas of “Operations Research”, “Management
Science” and “Business Economics” over time and future research trends were
revealed.