http://economic-evolution.net/index.php/weblog/index/ EENet News en {username} Copyright 2012 2012-05-17T18:47:00-06:00 http://www.economic-evolution.net/index.php/weblog/newsarticle/may_15_2012/ http://www.economic-evolution.net/index.php/weblog/newsarticle/may_15_2012/#When:18:47:00Z The 9th Atlanta Competitive Advantage Conference had a panel to celebrate the publication of Nelson and Winter’s 1982 landmark book. The panel included Sid Winter, Connie Helfat, L.G.Thomas III, and Johann Peter Murmann. The slides from the panelists are here: Helfat’s Presentation Slides Murmann’s Presentation Slides Thomas’s Presentation Slides From the vault:  Winter on Nelson (2000) Nelson on Winter (2003) 2012-05-17T18:47:00-06:00 http://www.economic-evolution.net/index.php/weblog/newsarticle/march_26_2012/ http://www.economic-evolution.net/index.php/weblog/newsarticle/march_26_2012/#When:16:34:00Z Johann Peter Murmann has published an inductive case study entitled Coevolution of Industries and Important Features of Their Environments. Using a comparative historical method and drawing on evidence from five countries over a 60-year period, this paper spells out how coevolutionary processes work in shaping the evolution of industries and important features of their environments.Read the abstract and download paper here.  2012-03-25T16:34:00-06:00 http://www.economic-evolution.net/index.php/weblog/newsarticle/jan_26_2012_emerging_scholar_workshop_evolutionary_perspectives_on_strategi/ http://www.economic-evolution.net/index.php/weblog/newsarticle/jan_26_2012_emerging_scholar_workshop_evolutionary_perspectives_on_strategi/#When:17:17:00Z The Mack Center for Technological Innovation at the Wharton School will put on a new week-long workshop for emerging scholars in the field. The workshop is designed for scholars ranging from students who are completing the second year of doctoral studies to those who have recently completed a doctorate. Participants will learn from leading scholars in the field.  The program will consist of a mix of seminar discussion and short presentations by participants reflecting their research interests and reactions to the seminar discussions. The program will begin on Sunday, June 24th and end on Friday June 29th.  Each day will consist of a three hour workshop lead by an individual faculty member on the indicated theme, followed by broader group discussion. Deadline for application Feb1, 2012. More details here. 2012-01-27T17:17:00-06:00 http://www.economic-evolution.net/index.php/weblog/newsarticle/nov_14_2011_steve_jobs_and_bill_gates_retell_the_history_of_the_pc_industy/ http://www.economic-evolution.net/index.php/weblog/newsarticle/nov_14_2011_steve_jobs_and_bill_gates_retell_the_history_of_the_pc_industy/#When:11:35:00Z In 2007, Steve Jobs and Bill Gates appeared for a joint interview at the Wall Street Journal “All Things Digital Conference.” The provide fascinating insights into the strategic thought of tow chief protagonists of the PC revolution in computing.  Watch them here.  2011-11-24T11:35:00-06:00 http://www.economic-evolution.net/index.php/weblog/newsarticle/august_20_2011/ http://www.economic-evolution.net/index.php/weblog/newsarticle/august_20_2011/#When:10:08:00Z Evolutionists predict that firm failures rates are high. I have reported failure rates ranging from 61 to 88% for the synthetic dye industry in different countries (Murmann & Homburg, 2001). 75% percent of all new ventures are often reported without reference to the underlying data. Here is some data on venture backed firms, that means firms that are seen as very promising. A recent, large-scale study by William Sahlman, an advisor at several large venture capital firms and a Harvard Business School professor of Entrepreneurial Management, reveals that the failure rate of professional venture firms over the past 15 years has been around 60%, up from 35% in the 1980s. In other words, more high-potential ventures fail than succeed. The good news, says Sahlman, is that the economy and culture of the United States encourage entrepreneurial risk-taking. Failure doesn’t mean “Game over.” It means “Try again, with experience.” From Bigthink 2011-08-09T10:08:00-06:00 http://www.economic-evolution.net/index.php/weblog/newsarticle/december_28_2010/ http://www.economic-evolution.net/index.php/weblog/newsarticle/december_28_2010/#When:07:23:00Z The product development at Saturday Night Life is perfectly consistent with the evolutionary predictions: Through out the week, that writing team comes up with about 800 jokes. On Friday night, they sit together and whittle it all the way down to the 100 jokes they like best, and out of that 100 the producer picks about 30. And out of that 30 --- of the initial 800 jokes written during the week --- only about 16 or 20 jokes make it to a Saturday Night Live broadcast. 2010-12-28T07:23:00-06:00 http://www.economic-evolution.net/index.php/weblog/newsarticle/august_28_2010/ http://www.economic-evolution.net/index.php/weblog/newsarticle/august_28_2010/#When:05:52:01Z Chris Freeman, one of the great scholars of the economics of science and technology, has died. Read the remembrances of colleagues, students and readers here.  Luc Soete’s, for example, writes: Over those fifty or so last years Chris influenced thousands of researchers, policy makers and students across the world in the fields of science and public policy, research and development measurement, the history of social science studies, Schumpeterian and evolutionary economics, research evaluation, innovation management, technology and innovation policy as well as in making both macro- and micro-economics, international trade and economic history more aware of the central role of technological, institutional and social change. Funnily enough, he did so, not by using Information and Communication Technologies, which he had studied so much, but through personal contact, through being available to all without any exclusion and through his openness to alternative views and ideas. Obituaries. A list of all his publication is here.  2010-08-28T05:52:01-06:00 http://www.economic-evolution.net/index.php/weblog/newsarticle/july_17_2010/ http://www.economic-evolution.net/index.php/weblog/newsarticle/july_17_2010/#When:10:37:00Z Edge.org published a stimulating interview with W. Brian Arthur on his new book, The Nature of Technology. After autobiographical comments that may not interest all readers, Arthur gives an overview how the economy evolves as a consequence of postiive and negative feedback mechanism. He then moves on to this idea of technological innovations.  Students of history of technology will not find that Arthur’s theory is particular novel. (To get a sense, the great historian Payson Abbot Usher has conceptualized technological change in 1929/1945, read the review essay of A History of Mechanical Invention on Eh.net.) Arthur, consisent with the theory of innovation that sees them as recombining elements in new ways, marries old ideas with novel ones that come out of complexity theory. For a recent overview paper of the best ideas for studying relationship between technological and industrial evolution, read Murmann and Frenken. 2010-07-17T10:37:00-06:00 http://www.economic-evolution.net/index.php/weblog/newsarticle/june_5_2010/ http://www.economic-evolution.net/index.php/weblog/newsarticle/june_5_2010/#When:13:55:00Z The full program of the Schumpeter Society Meeting in Aalborg, Denkmark is now posted. Update June 22: Full papers of conferene are available here. Photos from the Conference are now up.  Gallery 1 Gallery 2 2010-06-06T13:55:00-06:00 http://www.economic-evolution.net/index.php/weblog/newsarticle/may_2_2010/ http://www.economic-evolution.net/index.php/weblog/newsarticle/may_2_2010/#When:23:40:00Z Agnus Maddison died. What economic historian has not relied on his historical GDP time series? Read the informative obituary in the Economist.  2010-05-02T23:40:00-06:00