Nelson, Richard R. (born 1930)

Item Type Book Section

Richard R. Nelson (b. 1930) is an American economist who has had a significant influence on the field of strategic management. The fundamental question driving his work is how societies can be organized to improve their material well-being. In answering this question, Nelson identifies sustained technological innovation and a diverse range of often industry-specific institutional structures as the key engines of economic growth. He sees business firms as playing a key role in the growth process because firms are the carriers of the knowledge and abilities required to produce the complex product and services that characterize modern economies.

Authors Murmann, Johann P.
Language English
Subjects business studies
HSG Classification contribution to scientific community
Date 2015
Publisher Palgrave Macmillan UK
Title of Book The Palgrave Encyclopedia of Strategic Management
Publisher DOI 10.1057/978-1-349-94848-2_646-1
Official URL
Contact Email Address
Depositing User Michele K├Âlbener
Date Deposited 24 Oct 2018 08:55
Last Modified 24 Oct 2018 08:55


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Murmann, Johann P.: Nelson, Richard R. (born 1930). In The Palgrave Encyclopedia of Strategic Management. Palgrave Macmillan UK, 2015,

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