Jason Potts

Dist. Professor Jason Potts

Distinguished Professor, Economics

Details

  • College: College of Business and Law
  • Department: College of Business and Law
  • Campus: City Campus Australia
  • jason.potts@rmit.edu.au

Open to

  • Media enquiries
  • Masters Research or PhD student supervision

About

Jason Potts is a Distinguished Professor of Economics at RMIT University and Director of the Blockchain Innovation Hub at RMIT.
He is also a chief investigator on the ARC Centre of Excellence for Automated Decision-Making and Society.

His work is broadly centred about the study of the creation and use of new knowledge (i.e. technological change) and its institutional context as the core explanation of long run economic transformation. His work is highly interdisciplinary, extensively collaborative, mixed methods, and draws together several distinct themes about the dynamics of, and interaction between, technological, institutional and cultural change.

Potts has developed new methods and theories to explain long-run economic transformation and pioneered several new fields of analysis. These include network-theory based approaches to evolutionary economics (for which he won the 2000 Joseph A Schumpeter Prize); Cultural Science (jointly with John Hartley); behavioural innovation economics; the theory of ‘social network markets’, theory of the ‘innovation commons’; and recently ‘institutional cryptoeconomics’. His recent books include Innovation Commons (Oxford University Press)

His research includes evolutionary growth theory, creative industries, economics of cities, innovation commons, economics of institutions, crypto- economics and blockchain and recently the economics of AI.

Potts is an editor of the Journal of Institutional Economics, and a Fellow of the Academy of Social Sciences Australia.

Industry experience:
Jason Potts has engaged with a large number of industry partners across multiple sectors, local, state and federal governments, and research institutes globally. He is a board member of the Decentralised Cooperation Foundation.
RMIT Blockchain Innovation Hub - Projects (https://rmitblockchain.io/projects)

Awards:
2018
RMIT ‘Media Star’ Award

2017
Elected Fellow of the Academy of the Social Sciences in Australia (ASSA)

2016
Vice-President, International Joseph A. Schumpeter Society (2016–Present)
J. Ent. & Pub. Pol. 2016 (Best paper award)

2015
RMIT Vice Chancellor’s Research Award (University research award)
EFM Research Award (University research award)

2012
ARC Future Fellowship 2012–16 ‘Innovation commons’

2009
University of Queensland (Teaching award)

2008
University of Queensland (Teaching award)

2007
Clarence Ayres Award, AFEE
J. Econ. Issues 2007 (Best paper award)

2006
University of Queensland (Teaching award)

2000
International Joseph A. Schumpeter Prize (for The New Evolutionary Microeconomics)

Research fields

  • 380113 Public economics - public choice
  • 3801 Applied economics
  • 389903 Heterodox economics
  • 38 Economics

UN sustainable development goals

  • 9 Industry, Innovation and Infrastructure

Supervisor projects

  • A Property Rights Approach to Understanding Digital Assets.
  • 26 Feb 2024
  • An Institutional Analysis of the Economics of Identity
  • 22 Dec 2017
  • Understanding the Economic Complexities of the Higher Education Sector: A Novel Application of Multi-Sided Theory
  • 1 Mar 2017
  • Evaluating Investment in Public Wi-Fi Infrastructure by Australian Local Governments
  • 11 Jan 2017
  • The New Institutional Economics of Casino Gambling
  • 20 Sep 2016
  • Economic Complexity in Microstates and Island Microstates, With Special Reference to New Caledonia
  • 20 Jul 2015
  • Investigations into the Structure of Crowdfunding Research and the Role of the Content and Linguistic Cues in Risk Disclosure in Crowdfunding Campaigns
  • 20 Jul 2015
  • Regulatory Constraints on Public Sector Innovation: A New Comparative Approach
  • 2 Mar 2015
  • The Reputational Economics of Open Inputs Science
  • 31 Aug 2013
  • The private governance of entrepreneurship: an institutional approach to entrepreneurial discovery
  • 22 Jul 2013
  • Does Foreign Aid Inhibit Productivity Improvement? Evidence from Pakistan’s Agricultural Sector
  • 28 Mar 2013

Teaching interests

Supervisor interest areas:
evolutionary and complexity economics
economic governance and institutions
innovation economics
Smart Contracts and Tokenomics
economics of AI

Supervisor projects:
Understanding the Economic Complexities of the Higher Education Sector: A Novel Application of Multi-Sided Theory
Evaluating Investment in Public Wi-Fi Infrastructure by Australian Local Governments
The New Institutional Economics of Casino Gambling
The Reputational Economics of Open Science
Investigations into the Structure of Crowdfunding Research and the Role of the Contentand Linguistic Cues in Risk Disclosure in Crowdfunding Campaigns
Regulatory Constraints on Public Sector Innovation: A New Comparative Approach
The private governance of entrepreneurship: an institutional approach to entrepreneurial discovery
Diversity and creativity in Australia
Theory of unbundled and non-territorial governance

Research interests

Jason Potts' work is broadly centred about the study of the creation and use of new knowledge (i.e. technological change) and its institutional context as the core explanation of long run economic transformation. His work is highly interdisciplinary, extensively collaborative, mixed methods, and draws together several distinct themes about the dynamics of, and interaction between, technological, institutional and cultural change.

Research keywords:
Institutional Cryptoeconomics, Innovation Economics, Institutional Economics, Behavioural Economics, Evolutionary Economics, Public Choice Economics, Political Economy, Economics of Creative Industries, Cultural Science, Regulatory Economics, Economics of Knowledge, Human Capital, Economics of Science, Economics of Cities, Innovation Policy, Complexity Theory, Economic Sociology, Evolutionary Psychology
aboriginal flag
torres strait flag

Acknowledgement of Country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business - Artwork 'Sentient' by Hollie Johnson, Gunaikurnai and Monero Ngarigo.