New Release by Ikujiro Nonaka and Hirotaka Takeuchi:
The Wise Company: How Companies Create Continuous Innovation
The Knowledge-Creating Company: How Japanese Companies Create the Dynamics of Innovation, published almost a quarter of a century ago, sparked the ‘knowledge movement’ among management scholars, and resulted in the birth of the field of knowledge management. The authors and legendary management experts, Professors Ikujiro Nonaka (Professor Emeritus at the Graduate School of International Corporate Strategy, Hitotsubashi University, Tokyo) and Hirotaka Takeuchi (Professor of Management Practice at Harvard Business School) have since then expanded the field through teaching, writing, working globally with real clients, and training senior business leaders.
To survive and thrive in this day and age of high-velocity change, companies must draw on high quality, experiential knowledge: practical wisdom. The Wise Company: How Companies Create Continuous Innovation is an evolutionary sequel that helps companies and business leaders cross the bridge between theory and practice, demonstrating how to grow knowledge and turn that knowledge into wise action. A must-read business book of 2019.
（December 6, 2019）
Nobel Prize awarded to OUP authors for tackling poverty
Three OUP authors who pioneered on-the-ground experiments to discover the most effective ways to tackle poverty in the developing world, have been awarded this year’s Nobel Prize for Economic Sciences, officially known as The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
The prize was awarded jointly to Professors Abhijit Banerjee, Esther Duflo (both Massachusetts Institute of Technology), and Michael Kremer (Harvard University).
In its press release, the Royal Swedish Academy of Sciences praised the work of the three economists, noting that their research findings “have dramatically improved our ability to fight poverty in practice. As a direct result of one of their studies, more than five million Indian children have benefitted from effective programmes of remedial tutoring in schools.”
The Nobel Prize Award Ceremony takes place on 10 December in Stockholm.
Noteworthy chapter contributions by the Laureates:
- Banerjee, Abhijit, and Sendil Mullainathan, ‘Distraction and Incentives’, in Dimensions of Economic Theory and Policy: Essays for Anjan Mukherji (OUP, 2011)
- Duflo, Esther, and Emmanuel Saez, ‘Implications of Pension Plan Features, Information, and Social Interactions for Retirement Saving Decisions’, in Pension Design and Structure: New Lessons from Behavioral Finance (OUP, 2004)
- Kremer, Michael, ‘Public Policies to Stimulate Development of Vaccines for Neglected Diseases’, in Understanding Poverty (OUP, 2006)
（November 25, 2019）
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