TITLE: Darwin and the Evolution of Industries and Firms

SPEAKER: Hayagreeva Rao

SPONSOR: Sponsored the by Weatherhead School of Management

LOCATION: Dively Center Room 202 on the campus of Case Western Reserve University

DATE: February 25, 2009

ABOUT THE SPEAKER: Professor Hayagreeva Rao is the Atholl McBean Professor of Organizational Behavior and Human Resources at Stanford University where he studies the social and cultural causes of organizational change.

DESCRIPTION: What are the motors of evolutionary change in industries and firms? In this talk, Professor Rao discusses how technological innovation and social movement are motors of variation that transform industries, and elucidates how 'selection' in industries hinges on technical and social fitness. He then turns to variation and selection in firms, and closes with an account of the challenges for harnessing collective intelligence in enterprises.

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