Evolutionary theory and its application to economics and management;
The theory of the firm, in particular the intersection of organizational economics, evolutionary economics, and the resource-based view of the firm;
Behavioral micro-foundations of management theory, with a particular emphasis on stakeholder theory.
Key publications
Stoelhorst, J.W. and Vishwanathan (Forthcoming), Beyond Primacy: A Stakeholder Theory of Corporate Governance, Academy of Management Review. https://doi.org/10.5465/amr.2020.0268
Stoelhorst, J.W. (Forthcoming), Value, Rent, and Profit: A Stakeholder Resource-based Theory, Strategic Management Journal. https://www.doi.org/10.1002/smj.3280
Bridoux, F. and Stoelhorst, J.W. (2016), Stakeholder Relationships and Social Welfare: A Behavioral Theory of Contributions to Joint Value Creation, Academy of Management Review, 41(2): 229-251.
Bridoux, F. and Stoelhorst, J.W. (2014), Microfoundations for Stakeholder Theory: Managing Stakeholders with Heterogeneous Motives, Strategic Management Journal, 35: 107-125.
Stoelhorst, J.W. and Richerson, P.J. (2013), A Naturalistic Theory of Economic Organization, Journal of Economic Behavior and Organization, 90 (Supplement): S45-S56.
Stoelhorst, J.W. (2008), The Explanatory Logic and Ontological Commitments of Generalized Darwinism, Journal of Economic Methodology, 15(4): 343-363.
Stoelhorst, J. W., & Vishwanathan, P. (2024). Beyond Primacy: A Stakeholder Theory of Corporate Governance. The Academy of Management Review, 49(1). https://doi.org/10.5465/amr.2020.0268
2023
Bridoux, F., & Stoelhorst, J. W. (2023). Stakeholder governance: on overcoming the problems in the traditional narrative of capitalism. In T. Talaulicar (Ed.), Research Handbook on Corporate Governance and Ethics (pp. 25–47). Edward Elgar Publishing. https://doi.org/10.4337/9781800880603.00010[details]
Stoelhorst, J. W. (2023). Value, Rent, and Profit: A Stakeholder Resource-based Theory. Strategic Management Journal, 44(6), 1488-1513. https://doi.org/10.1002/smj.3280[details]
van Houwelingen, G., & Stoelhorst, J. W. (2023). Digital Is Different: Digitalization Undermines Stakeholder Relations Because It Impedes Firm Anthropomorphization. Academy of Management Discoveries, 9(3), 297-319. https://doi.org/10.5465/amd.2021.0245[details]
Bridoux, F., & Stoelhorst, J. W. (2022). Stakeholder Governance: Solving the Collective Action Problems in Joint Value Creation. The Academy of Management Review, 47(2), 214-236. https://doi.org/10.5465/amr.2019.0441[details]
Bridoux, F., & Stoelhorst, J. W. (2022). Stakeholder theory, strategy, and organization: Past, present, and future. Strategic Organization, 20(4), 797-809. https://doi.org/10.1177/14761270221127628[details]
Bridoux, F., & Stoelhorst, J. W. (2019). Rents from Human Capital Complementarities: A Relational View of Value Creation and Value Capture. In A. J. Nyberg, & T. P. Moliterno (Eds.), Handbook of Research on Strategic Human Capital Resources (pp. 34-58). (Research Handbooks in Business and Management). Edward Elgar Publishing. https://doi.org/10.4337/9781788116695.00010[details]
Stoelhorst, J. W. (2019). Generalized Darwinism, the Nature of Selection, and Market Efficiency. In F. Cagliardi, & D. Gindis (Eds.), Institutions and Evolution of Capitalism: Essays in Honour of Geoffrey M. Hodgson (pp. 231-249). Edward Elgar Publishing. https://doi.org/10.4337/9781785365003.00025[details]
2018
Stoelhorst, J. W., & van Vugt, M. (2018). Relational Models, Leadership, and Organization Design: An Evolutionary View of Organizational Development. In D. S. Wilson, & S. C. Hayes (Eds.), Evolution & Contextual Behavioral Science (pp. 171-184). Oakland: Context Press. [details]
2017
Stoelhorst, J. W. (2017). Better Than Rational: A Naturalistic View of Economic Governance. Complexity, Governance & Networks, 3(1), 7-21. https://doi.org/10.20377/cgn-39[details]
Bridoux, F., & Stoelhorst, J. W. (2016). Stakeholder relationships and social welfare: a behavioral theory of contributions to joint value creation. The Academy of Management Review, 41(2), 229-251. Advance online publication. https://doi.org/10.5465/amr.2013.0475[details]
Bridoux, F., & Stoelhorst, J. W. (2014). Microfoundations for stakeholder theory: Managing stakeholders with heterogeneous motives. Strategic Management Journal, 35(1), 107-125. https://doi.org/10.1002/smj.2089[details]
Hodgson, G. M., & Stoelhorst, J. W. (2014). Introduction to the special issue on the future of Institutional and evolutionary economics. Journal of Institutional Economics, 10(4), 513-540. https://doi.org/10.1017/S1744137414000393[details]
Stoelhorst, J. W., & Richerson, P. J. (2013). A naturalistic theory of economic organization. Journal of Economic Behavior & Organization, 90(S), S45-S56. https://doi.org/10.1016/j.jebo.2012.12.012[details]
de Graaf, F. J., & Stoelhorst, J. W. (2013). The Role of Governance in Corporate Social Responsibility: Lessons from Dutch Finance. Business & Society, 52(2), 282-317. https://doi.org/10.1177/0007650309336451[details]
van Vianen, A. E. M., Stoelhorst, J. W., & de Goede, M. E. E. (2013). The construal of person-organization fit during the ASA stages: content, source, and focus of comparison. In A. L. Kristof-Brown, & J. Billsberry (Eds.), Organizational fit: key issues and new directions (pp. 145-169). Wiley-Blackwell. https://doi.org/10.1002/9781118320853.ch7[details]
2009
Strikwerda, J., & Stoelhorst, J. W. (2009). The emergence and evolution of the multidimensional organization. California Management Review, 51(4), 11-31. https://doi.org/10.2307/41166503[details]
Stoelhorst, J. W. (2008). The explanatory logic and ontological commitments of generalized Darwinism. Journal of Economic Methodology, 15(4), 343-363. https://doi.org/10.1080/13501780802506661[details]
Stoelhorst, J. W. (2008). Why is management not an evolutionary science? Evolutionary theory in strategy and organization [Review of: H.E. Aldrich, M. Ruef (2006) Organizations evolving; R. Durand (2006) Organizational evolution and strategic management; G.M. Hodgson (2004) The evolution of institutional economics: Agency, structure and Darwinism in American Institutionalism; J.A. Mathews (2006) Strategizing, disequilibrium, and profit; R.R. Nelson (2005) Technology, institutions, and economic growth; D.C. North (2005) Understanding the process of economic change]. Journal of Management Studies, 45(5), 1008-1023. https://doi.org/10.1111/j.1467-6486.2008.00774.x[details]
van Raaij, E. M., & Stoelhorst, J. W. (2008). The implementation of a market orientation: A review and integration of the contributions to date. European Journal of Marketing, 42(11/12), 1265-1293. https://doi.org/10.1108/03090560810903673[details]
2004
Stoelhorst, J. W., & van Raaij, E. M. (2004). On Explaining Performance Differentials: Marketing and the Managerial Theory of the Firm. Journal of Business Research, 57, 462-477. https://doi.org/10.1016/S0148-2963(02)00313-2
2003
Stoelhorst, J. W. (2003). Towards an Evolutionary Theory of the Firm: Applying Universal Darwinism to Socio-economic Selection. In L. Soete, & W. Dolfsma (Eds.), The Information Society: Studying its Institutions Interdisciplinarily. Proceedings of the 2003 EAEPE Conference EAEPE. [details]
2002
Stoelhorst, J. W. (2002). Managing Technological Discontinuities: Lessons from the Semiconductor Industry. International Journal of Technology Management, 23(4), 261-286. https://doi.org/10.1504/IJTM.2002.003010[details]
2015
Stoelhorst, J. W. (2015). Evolutionary economics. In M. Altman (Ed.), Real-world decision making: an encyclopedia of behavioral economics (pp. 129-131). Greenwood. [details]
2011
Stoelhorst, J. W. (2011). [Review of: G.M. Hodgson, T. Knudsen (2010) Darwin's conjecture: the search for general principles of social and economic evolution]. Administrative Science Quarterly, 56(1), 147-150. https://doi.org/10.2189/asqu.2011.56.1.147[details]
2010
Stoelhorst, J. W. (2010). The firm as a Darwin machine: How generalized Darwinism can further the development of an evolutionary theory of economic growth. (Papers on economics and evolution; No. 1019). Max Planck Institute of Economics, Evolutionary Economics Group. ftp://papers.econ.mpg.de/evo/discussionpapers/2010-19.pdf[details]
2009
Stoelhorst, J. W. (2009). The naturalist view of Universal Darwinism: an application to the evolutionary theory of the firm. In G. M. Hodgson (Ed.), Darwinism and economics (pp. 361-379). (International library of critical writings in economics; No. 233). Edward Elgar. [details]
Stoelhorst, J. W. (2008). Universal Darwinism from the bottom up: An evolutionary view of socio-economic behavior and organization. In H. Hanappi, & W. Elsner (Eds.), Advances in evolutionary institutional economics: Evolutionary mechanisms, non-knowledge and strategy (pp. 35-58). (Studies in evolutionary political economy). Edward Elgar. http://www1.fee.uva.nl/pp/bin/339fulltext.pdf[details]
Stoelhorst, J. W. (2007). The Evolution of Institutional Economics [Review of: G.M. Hodgson (2004) The Evolution of Institutional Economics]. The Academy of Management Review, 32(4), 1285-1288. [details]
Stoelhorst, J. W. (2007). The naturalist view of Universal Darwinism: an application to the evolutionary theory of the firm. In G. M. Hodgson (Ed.), The evolution of economic institutions: a critical reader (pp. 233-251). Edward Elgar. [details]
Stoelhorst, J. W. (2007). Why do firms exist? Towards an evolutionary theory of the firms. In Proceedings of EAEPE 2007 - European Association of Evolutionary Political Economy Porto: European Association of Evolutionary Political Economy. [details]
2006
Stoelhorst, J. W., & Huizing, A. (2006). The firm as a Darwin Machine: an evolutionary view of organizational knowledge and learning. (PrimaVera Working Paper; No. 2006-06). Faculteit Economie en Bedrijfskunde. http://primavera.feb.uva.nl/PDFdocs/2006-06.pdf
Stoelhorst, J. W., & Huizing, A. (2006). Why the adaptation-selection debate is misconstrued: a Darwinian view of organizational change. (PrimaVera Working Paper; No. 2006-05). Faculteit Economie en Bedrijfskunde. http://primavera.feb.uva.nl/PDFdocs/2006-05.pdf
Stoelhorst, J. W., & Huizing, A. (2006). The Firm as a Darwin Machine: An Evolutionary View of Organizational Knowledge and learning. In The Academy of Management Annual Meeting Proceedings 2006 Atlanta.
Stoelhorst, J. W., & Huizing, A. (2006). Why the Adaptation-Selection Debate Is Misconstrued: A Darwinian View of Organizational Change. In The Academy of Management Annual Meeting Proceedings 2006 Atlanta (USA).
2005
Stoelhorst, J. W. (2005). The naturalist view of Universal Darwinism: an application to the evolutionary theory of the firm. In J. Finch, & M. Orillard (Eds.), Complexity and the economy: implications for economic policy (pp. 127-147). (European Association for Evolutionary Political Economy series). Edward Elgar. [details]
Stoelhorst, J. W. (2002). The Naturalist Perspective on Universal Darwinism: An Application to the Evolutionary Theory of the Firm (with refereed abstract). In R. Delorme, & M. Orillard (Eds.), Complexity and the Economy, Proceedings of the EAEPE (European Association for Evolutionary Political Economy) 2002 Conference Aix-en-Provence. [details]
van Raaij, E. M., Stoelhorst, J. W., & van Engelen, J. M. L. (2002). Interaction Between Business and Academia in Marketing Research: The Issue of Obtaining Access to Organizational Reality (with refereed abstract). In M. Farhangmehr (Ed.), Marketing in a Changing World, Proceedings of the 31st EMA (European Marketing Academy) Conference Braga Portugal. [details]
2023
Stoelhorst, J. W. (2023). Can management (theory) save capitalism?[details]
Stoelhorst, J. W., & Bridoux, F. (2021). Rijnlands of Angelsaksisch? De Psychologie van Stakeholder Relaties. Jaarboek Corporate Governance, 2021-2022, 85-99. [details]
2008
Stoelhorst, J. W., & Bridoux, F. (2008). Value Creation in the Knowledge Economy: The Rigor, Relevance, and Morality of the Resource-based View. Paper presented at Strategic Management Society, Cologne, Germany.
2009
de Graaf, F. J., & Stoelhorst, J. W. (2009). The role of governance in corporate social responsibility: Lessons from Dutch finance. Afdeling Business Studies. [details]
el Haji, A., & Stoelhorst, J. W. (2009). Human Resources, Fairness, and Value Creation: Microfoundations for the Resource-based View. Universiteit van Amsterdam.
2008
Stoelhorst, J. W., Aldrich, H., Hodgson, G., & Knudsen, T. (2008). Generalized Darwinism: A Meta-theoretical Framework for Organization Theory. Universiteit van Amsterdam.
2007
Stoelhorst, J. W. (2007). Darwinian foundations for evolutionary economics. Amsterdam: Faculteit Economie en Bedrijfskunde. [details]
Stoelhorst, J. W. (2007). The Firm as a Tribe? Linking Organizational Culture to Performance. Amsterdam: Faculteit Economie en Bedrijfskunde. [details]
de Graaf, F. J., & Stoelhorst, J. W. (2007). Corporate social performance and the governance structure. Stakeholder influence and the deregulation of Dutch finance. Amsterdam: Faculteit Economie en Bedrijfskunde.
2006
de Graaf, F. J., & Stoelhorst, J. W. (2006). Corporate social performance and the governance structure: Stakeholder influence in the wake of the deregulation of Dutch finance. (working paper). Amsterdam: Faculteit Economie en Bedrijfskunde.
2005
Stoelhorst, J. W., & Huizing, A. (2005). Organizational Learning as Evolution: The Promise of Generalized Darwinism for Organization Science. (PrimaVera Working Paper 2005; No. 05). onbekend: Afdeling Business Studies.
Stoelhorst, J. W., & Huizing, A. (2005). The Firm as a Darwin Machine: Organizational Learning as an Evolutionary Process. (PrimaVera Working Paper 2005; No. 17). onbekend: Afdeling Business Studies.
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