Updated: 2010-05-30 12:32:02
| Nicolai Foss | With Nick Argyres, Teppo Felin, and Todd Zenger, I am editing a special issue of Organization Science on “Organizational Capabilities and Organizational Economics: From Opposition and Complementarity to Real Integration.” We received 84 submissions and invited a fair amount of R&Rs. To help improve those R&Rs and to stimulate discussed, we organized, [...]
Updated: 2010-05-28 20:40:03
| Peter Klein | David Galenson has written a series of papers on the creative arts, including songwriting, architecture, filmmaking, photography, and many kinds of visual art. A new paper, “Understanding Creativity,” summarizes and synthesizes much of this work. A central theme is the distinction between “experimental” and “conceptual” innovators. Experimental innovators focus on perception, proceed [...]
Updated: 2010-05-28 20:21:44
| Dick Langlois | I recently ran across a paper by Bo Carlsson, Zoltan Acs, David Audretsch, and Pontus Braunerhjelm called “The Knowledge Filter, Entrepreneurship, and Economic Growth.” It’s actually a 2007 paper, part of a series these authors in various combination have been writing about the idea of a “knowledge filter.” The standard story [...]
Updated: 2010-05-26 22:35:46
| Peter Klein | I’m participating in a distance-learning experiment this summer — no, not Bootsy Collins’s Funk University, but the Mises Academy, a new Mises Institute service offering short, non-degree courses to university students, management professionals, and the general public. Everything’s online — lectures, readings, discussions, assignments. I’m teaching “Entrepreneurship in the Capitalist Economy,” [...]
Updated: 2010-05-26 18:23:07
| Nicolai Foss | The always-helpful Peter suggested “a quick-and-easy Foss blog post,” specifically a post on what sounds like an interesting conference on “Economics Made Fun in the Face of the Economic Crisis,” organized by Jack Vromen and N.E. Aydinonat, at the Erasmus University Rotterdam, 10-11 December 2010. The Call builds up a tension [...]
Updated: 2010-05-26 18:10:19
| Nicolai Foss | A striking difference between economics and (most) management research is that while economists are obsessed with the role of assumptions in theorizing, management scholars as a rule don’t seem to spend much time on assumptions, at best tucking them away under “boundary conditions,” and, in general, having rather little patience with [...]
Updated: 2010-05-26 04:49:47
| Peter Klein | Mike Jensen keynotes this September 2010 conference at York University in Toronto on the links between ethics and finance: As the world economy struggles out of the financially induced recession, the concept of ethical or socially responsible investment, along with corresponding calls for regulation, will play an increasingly important role in [...]
Updated: 2010-05-24 14:56:56
| Peter Klein | Elsevier has just released the Handbook of the Economics of Innovation, edited by Bronwyn Hall and Nathan Rosenberg. At USD 250 for the two-volume set (a bit less at Amazon), it’s not exactly cheap, but I expect a high ratio of good ideas to pages. You can read the introduction here, [...]
Updated: 2010-05-21 17:53:07
| Peter Klein | One of my frustrations with behavioral economics is that it often seems to restate common, obvious, well-known ideas as if they are really novel insights (e.g., that preferences aren’t stable and predictable over time). More novel propositions are questionable at best (e.g, the paradox of choice). Dan Ariely’s column in this [...]
Updated: 2010-05-19 19:38:49
| Dick Langlois | There’s nothing like a rousing academic argument, especially when it deals with an intriguing historical case. “The Fable of the Keys” by Liebowitz and Margolis is the paradigm here. I recently stumbled upon another example, the (apparently ongoing) dispute that pits George Selgin and John Turner against Michele Boldrin and David [...]
Updated: 2010-05-14 06:39:11
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Updated: 2010-05-12 22:52:17