Slides to the interview with Professor Sidney Winter at the SMS conference in Miami (November 5, 2011)

1. SMS CONFERENCE 2011
KNOWLEDGE FOUNDATIONS
Interview with Professor Sidney Winter
Miami
November 6, 2011
Saturday, 5 November, 11 1

2. WHAT IS KNOWLEDGE?
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3. A DAY ON EARTH
154,000 cars roll down the production lines
5,500,000 people travel by air
1,000,000 PCs sold to customers
88,000,000 barrels of oil produced
enough to fill 5600 olympic swimming pools
and many, many more
“Knowledge is our most powerful engine
of production”
Alfred Marshall, 1890
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4. KNOWLEDGE FOUNDATIONS
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5. Wal-Mart Stores
2,100,000 employees
US Postal Service
671,000 employees
IBM
426,000 employees
AT&T
265,000 employees
Annaly Capital
Management Inc.
87 employees
Examples of US top 1000 companies by revenue (2011), surface corresponds to the number of employees
Source: Datamonitor
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6. KNOWLEDGE FOUNDATIONS
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7. SCHOLARLY ROUTE
BEFORE AND AFTER
NELSON AND WINTER 1982
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8. Number of citations in Google Scholar (1982 - 2011)
20,000
15,000
10,000
5,000
0
1982 1987 1992 1997 2002 2007
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9. KNOWLEDGE IN ACTION
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10. 1980s - 1990s
1993 - 2005
2011 - ?
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11. KNOWLEDGE IN ACTION
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12. MANAGING
LUCK OR SKILL?
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13. Thank you
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