Evolutionary analysis of innovation and entrepreneurship: Sidney G. Winter—recipient of the 2015 Global Award for Entrepreneurship Research

Abstract

This article reviews the intellectual contributions of Professor Sidney G. Winter, who is the recipient of the 2015 Global Award for Entrepreneurship Research. Professor Winter has contributed through his theoretical as well as empirical understanding of Schumpeterian processes of dynamic competition, the generation of differential technological opportunities through appropriability conditions and the mechanisms driving dynamic capabilities in firms. His work, especially the joint work on evolutionary economics with Richard R. Nelson, has led to a revival of interest in theories based upon Schumpeterian economics within the study of both entrepreneurship and innovation. His work on dynamic capabilities has been highly influential in management. Professor Sidney G. Winter is Deloitte and Touche Professor Emeritus of Management, The Wharton School, University of Pennsylvania.