Cranfield Talks on Strategy, Organization, and Complexity
Webinar: How Can Evolutionary Social Science Evolve?Speaker: Professor Geoffrey Hodgson, Loughborough University, UKDescription: When it was published in 1982, An Evolutionary Theory of Economic Change, by Richard Nelson and Sidney Winter, made a big impact, particularly in management and in innovation studies. But despite their (unacknowledged) use of the Darwinian principles of selection, variation and replication in that seminal work, there is an enduring reluctance among evolutionary economists to acknowledge their Darwinian source or to develop these concepts further. Instead, researchers in this area have fallen back on the vague term "evolution", as if it had a single, precise and widely shared meaning. A key ambiguity is whether it refers to one entity or a population of multiple entities. There is no precise meaning of "evolution" and attempts to invest it with one have understandably failed. In the absence of an over-arching theory, some practitioners of "evolutionary economics" have even downplayed the principle of selection, which was there at the start.Date and time: Friday, 18 June 2021; 10 am (U.S. Eastern) / 3 pm (London) / 7.30 pm (New Delhi)Full information and registration: https://cranfield.zoom.us/meeting/register/tZcrf-utrzkiH9znJAf2EQZdD5garjE9-GbEAbout the speaker:Geoffrey M. Hodgson is a Professor in Management at Loughborough University London. He is author of over 150 articles in academic journals and of 20 books, including Liberal Solidarity (2021), Is There a Future for Heterodox Economics? (2019), Is Socialism Feasible? (2019), Conceptualizing Capitalism (2015 – winner of the Schumpeter Prize) and Darwin's Conjecture (2010 – with Thorbjoern Knudsen). He is ranked globally by Academic Influence as one of the 100 most influential economists in the last decade. He is Editor-in-Chief of the Journal of Institutional Economics and Secretary of the World Interdisciplinary Network for Institutional Research (WINIR).About the series:This webinar is part of Cranfield Talks on Strategy, Organization, and Complexity run by the Strategy Group at Cranfield School of Management, UK. The recording of this webinar will be available along with previous webinars in this series at: https://www.cranfield.ac.uk/som/expertise/strategy/talks.For more information, please contact Claire Angus at email@example.com.