The Stanley Reiter Lecture 2005

On January 26, 2005 I delivered the Stanley Reiter Award Lecture. The Reiter award is named for Stanley Reiter, Charles E. and Emma H. Morrison Professor of Managerial Economics and Decision Sciences at Kellogg. It is presented to a Kellogg faculty member whose paper is judged by a panel of Kellogg professors across disciplines to be the best paper written in the preceding four calendar years. I received the award for my book Knowledge and Competitive Advantage: The Coevolution of Firms, Technology and National Institutions. You can also read the text of the lecture by clicking on “More” button or by downloading it as a Word file.  Alternatively,  you can watch a video (58 minutes) of the lecture with Real Player here: Lecture Video. If you watch the video, you should download the Slides that I presented during the lecture but which are not visible in the video.

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Evolutionary Economics—The State of the Science

This is a talk I gave at a conference New Perspectives on Telecommunications and Pharmaceuticals in Europe and the United States: Conference on Evolutionary Economics:
Conference Program

Good morning. Let me give you a quick road map of my presentation. First, I will discuss where we are in terms of evolutionary economics, beginning with Nelson and Winter, 1982, the key book in this literature. Then I’ll provide a quick review of the ideas behind evolutionary accounts, laying out the requirements for a valid evolutionary explanation. I’ll follow this with a discussion of recent trends in the literature over the last six or seven years, addressing what I believe to be some of the key outstanding issues that should be addressed by the evolutionary perspective. Finally, time-permitting I’ll speculate a little bit about how one can make economics more an evolutionary science, and about what can be done to make evolutionary ideas more accepted.

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