Background
NELSON, Richard R. was born in 1930 in New York City, New York, United States of America.
NELSON, Richard R. was born in 1930 in New York City, New York, United States of America.
Bachelor of Arts Oberlin College, 1952. Master of Arts, Doctor of Philosophy Yale University, 1954, 1956.
Assistant Professor of Economics, Oberlin College, 1956-1957. Economics Senior Economics, Rand Corporation, 1957-1960, 1963-1968. Association Professor of Economics, Carnegie Technology University,
Staff Economics, United States President's Council Economics Advisers, 1961-1963. Professor of Economics, Director, Institute, Institution Social and Policy Studies, Yale University.
( This book contains the most sustained and serious atta...)
An Evolutionary Theory of Economic Change (Belknap Press) by Nelson, Richard R., Winter, Sidney G. (1985) Paperback
The Oxford Handbook of Innovation
My research has been concerned with the processes of long-run economic change, the character of economic institutions, and the interactions between economic change and economic institutions. I have focussed intensively, but not exclusively, on technical change. My research on this topic has been done in a number of different styles, from development and implementation of the production function framework, to detailed studies of particular inventions, to examinations of the public policies which have influenced technological advances in different industries.
My research has been concerned both with the processes of catching up in developing countries and with Schumpeerian competition in the high-technology industries of advanced economies. Increasingly I have argued that neoclassical theory is at best helpful and more often misleading in dealing with technological advance. Over the last decade a large portion of research has been directed towards developing a theoretical framework better capable of encompassing the central phenomena involved in techni
cal advances.
My work on evolutionary theory has been conducted jointly with Sidney Winter.