SMS CONFERENCE 2011

KNOWLEDGE FOUNDATIONS

Interview with Professor Sidney Winter

MiamiNovember 6, 2011

1Saturday, 5 November, 11

WHAT IS KNOWLEDGE?

2Saturday, 5 November, 11

5,500,000 people travel by air

88,000,000 barrels of oil produced

1,000,000 PCs sold to customers

154,000 cars roll down the production lines

A DAY ON EARTH

“Knowledge is our most powerful engine of production”

Alfred Marshall, 1890

enough to fill 5600 olympic swimming pools

and many, many more

3Saturday, 5 November, 11

KNOWLEDGE FOUNDATIONS

4Saturday, 5 November, 11

Wal-Mart Stores

US Postal Service

IBM

AT&T

2,100,000 employees

671,000 employees

426,000 employees

265,000 employees

Annaly Capital Management Inc.

87 employees

Examples of US top 1000 companies by revenue (2011), surface corresponds to the number of employeesSource: Datamonitor

5Saturday, 5 November, 11

KNOWLEDGE FOUNDATIONS

6Saturday, 5 November, 11

SCHOLARLY ROUTE

BEFORE AND AFTER NELSON AND WINTER 1982

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0

5,000

10,000

15,000

20,000

1982 1987 1992 1997 2002 2007

Number of citations in Google Scholar (1982 - 2011)

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KNOWLEDGE IN ACTION

9Saturday, 5 November, 11

1980s - 1990s

1993 - 2005

2011 - ?

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KNOWLEDGE IN ACTION

11Saturday, 5 November, 11

MANAGING

LUCK OR SKILL?

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Thank you

13Saturday, 5 November, 11