Jason Potts

Distinguished Professor Jason Potts

Co-Direct RMIT Blockchain Innovation Hub

Outside of SAB building. Building is decorated with angled panels reflecting shadows on the wall. Wall colours vary between black, blue, white and light red colours.

Jason Potts is a Distinguished Professor of Economics at RMIT University and Co-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.

Overview

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’.

He has written 5 books and published over 80 articles on topics including growth theory, creative industries, economics of cities, innovation commons, and recently on crypto- economics and blockchain.

Potts is an editor of the Journal of Institutional Economics, Vice President of the International Joseph A Schumpeter Society, a Board Member of Australian Digital Commerce Association, and a Fellow of the British Blockchain Association. He is also a member of the Steering Committee of the Australian government’s National Blockchain Roadmap.

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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.

RMIT Blockchain Innovation Hub - Projects

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Research

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

Research output summary

122

Publications

$41 million+

Grants

14

Awards

Web

Supervisor interest areas

  • Blockchains and the information economics of supply chains
  • Cryptopricing
  • Governance
  • Smart Contracts
  • Tokenomics

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
  • Safety and soundness: an economic history of prudential bank regulation in Australia, 1893-2008
  • Diversity and creativity in Australia
  • Theory of unbundled and non-territorial governance

Feature publications

Open Knowledge Institutions: Reinventing Universities

MIT Press

Potts J, et al, (2021).

Unfreeze

AIER

Allen D, C Berg, S Davidson, A Lane, J Potts (2020).

Understanding the Blockchain Economy

Elgar

Berg C, Davidson S, Potts J (2019).

Key publications by year

  • Allen, D. Berg, C. Davidson, S. and Potts, J. 2021, 'Blockchain and investment: An Austrian approach', in Review of Austrian Economics, Springer, United States, vol. 34, no. 1, pp. 149-162 ISSN: 0889-3047
  • Montgomery, L. Hartley, J. Neylon, C. Herrmann-Pillath, C. Huang, C. Gillies, M. Gray, E. Leach, J. Potts, J. Ren, X. Skinner, K. and Wilson, K. 2021, 'Open Knowledge Institutions', MIT Press, Cambridge, Massachusetts, United States ISBN: 9780262542432
  • Chang, Y. Potts, J. and Shih, H. 2021, 'The market for meaning: A new entrepreneurial approach to creative industries dynamics', in Journal of Cultural Economics, Springer, United States, vol. 45, no. 3, pp. 491-511 ISSN: 1573-6997
  • Allen, D. Berg, C. Markey-Towler, B. Novak, M. and Potts, J. 2020, 'Blockchain and the evolution of institutional technologies: Implications for innovation policy', in Research Policy, Elsevier, Netherlands, vol. 49, no. 1, pp. 1-8 ISSN: 0048-7333
  • Allen, D. Berg, C. Lane, A. and Potts, J. 2020, 'Cryptodemocracy and its institutional possibilities', in Review of Austrian Economics, Springer, United States, vol. 33, no. 3, pp. 363-374 ISSN: 0889-3047
  • Davidson, S. Mohan, V. and Potts, J. 2020, 'Location, taxation and governments: An exchange theory of intellectual property', in Journal of Economic Behavior and Organization, Elsevier, Netherlands, vol. 169, pp. 266-283 ISSN: 0167-2681
  • Berg, C. Davidson, S. and Potts, J. 2020, 'Proof of work as a three-sided market', in Frontiers in Blockchain, Frontiers Research Foundation, Switzerland, vol. 3, pp. 1-5 ISSN: 2624-7852
  • Allen, D. Berg, C. Davidson, S. Lane, A. and Potts, J. 2020, 'Unfreeze: How to Create a High Growth Economy After the Pandemic', American Institute for Economic Research, United States ISBN: 9781630692032
  • Almudi, I. Fatas-Villafranca, F. Fernandez, C. Potts, J. and Vazquez, F. 2019, 'Absorptive capacity in a two-sector Neo-Schumpeterian model: A new role for innovation policy', in Industrial and Corporate Change, Oxford University Press, United Kingdom, vol. 29, no. 2, pp. 507-531 ISSN: 0960-6491
  • Berg, C. Davidson, S. and Potts, J. 2019, 'Blockchain Technology as Economic Infrastructure: Revisiting the Electronic Markets Hypothesis', in Frontiers in Blockchain, Frontiers, Switzerland, vol. 2, pp. 1-6 ISSN: 2624-7852
  • Rennie, E. Potts, J. and Pochesneva, A. 2019, 'Blockchain and the Creative Industries: provocation paper', Australia Council for the Arts, Screen Australia, Australian Film Television and Radio School, RMIT University, Melbourne
  • Berg, C. Davidson, S. and Potts, J. 2019, 'Capitalism after Satoshi: Blockchains, dehierarchicalisation, innovation policy, and the regulatory state', in Journal of Entrepreneurship and Public Policy, Emerald, United Kingdom, pp. 1-13 ISSN: 2045-2101
  • Goorha, P. and Potts, J. 2019, 'Creativity and Innovation: a new theory of ideas', Springer Nature, Cham, Switzerland ISBN: 9783319948836
  • Hartley, J. Potts, J. Montgomery, L. Rennie, E. and Neylon, C. 2019, 'Do we need to move from communication technology to user community? A new economic model of the journal as a club', in Learned Publishing, John Wiley & Sons, United Kingdom, vol. 32, pp. 27-35 ISSN: 1741-4857
  • Potts, J. 2019, 'Innovation Commons', Oxford University Press, New York, United States ISBN: 9780190937492
  • Allen, D. Berg, C. Davidson, S. Novak, M. and Potts, J. 2019, 'International policy coordination for blockchain supply chains', in Asia and the Pacific Policy Studies, Wiley-Blackwell Publishing Asia, Australia, vol. 6, no. 3, pp. 367-380 ISSN: 2050-2680
  • Ashenfelter, O. McFadden, D. Payne, A. Potts, J. Gregory, R. and Martin, W. 2019, 'Roundtable discussion on immigration', in Contemporary Economic Policy, Wiley-Blackwell Publishing, Inc., United States, pp. 1-23 ISSN: 1074-3529
  • Allen, D. Berg, A. Berg, C. and Potts, J. 2019, 'Some economic consequences of the GDPR', in Economics Bulletin, Economics Bulletin, United States, vol. 39, no. 2, pp. 1-14 ISSN: 1545-2921
  • Cañibano, C. and Potts, J. 2019, 'Toward an evolutionary theory of human capital', in Journal of Evolutionary Economics, Springer, Germany, vol. 29, no. 3, pp. 1017-1035 ISSN: 0936-9937
  • Berg, C. Davidson, S. and Potts, J. 2019, 'Towards Crypto-friendly Public Policy', in Blockchain Economics: Implications of Distributed Ledgers Markets, Communications Networks, and Algorithmic Reality, World Scientific Publishing Europe Ltd, London, United Kingdom, pp. 215-232 ISBN: 9781786346384
  • Berg, C. Davidson, S. and Potts, J. 2019, 'Understanding the Blockchain Economy', Edward Elgar, Cheltenham, United Kingdom ISBN: 9781788974998
  • Potts, J. and Rennie, E. 2019, 'Web3 and the creative industries: How blockchain is reshaping business models', in A Research Agenda for Creative Industries, Edward Elgar, Cheltenham, United Kingdom, pp. 93-111 ISBN: 9781788118576
  • Potts J (2019) Innovation Commons. Oxford University Press.

  • Davidson, S. De Filippi, P. and Potts, J. 2018, 'Blockchains and the economic institutions of capitalism', in Journal of Institutional Economics, Cambridge University Press, United Kingdom, vol. 14, no. 4, pp. 639-658 ISSN: 1744-1374
  • Berg, C. Davidson, S. and Potts, J. 2018, 'Blockchains as constitutional orders', in James M. Buchanan: A theorist of political economy and social philosophy, Springer Nature, London, United Kingdom, pp. 383-398 ISBN: 9783030030797
  • Banczyk, M. Laban, J. and Potts, J. 2018, 'Choosing cities: a behavioural economic approach', in The Annals of Regional Science, Springer, Germany, vol. 61, no. 3, pp. 463-477 ISSN: 1432-0592
  • Potts, J. 2018, 'Die Vierte Regierungstrechnologie (The Fourth Government technology)', in Zeitschrift Fur Medienwissenschaft, Gesellschaft fuer Medienwissenschaft, Switzerland, vol. 10, no. 1, pp. 73-86 ISSN: 1869-1722
  • Potts, J. 2018, 'Governing the innovation commons', in Journal of Institutional Economics, Cambridge University Press, United Kingdom, vol. 14, no. 6, pp. 1025-1047 ISSN: 1744-1374
  • Novak, M. Potts, J. and Davidson, S. 2018, 'The Cost of Trust: A Pilot Study', in The Journal of the British Blockchain Association, The British Blockchain Association, United Kingdom, vol. 1, no. 2, pp. 1-7 ISSN: 2516-3949
  • Potts, J. and Thomas, S. 2018, 'Toward a new (evolutionary) economics of sports', in Sport, Business and Management: An International Journal, Emerald Publishing Limited, United Kingdom, vol. 8, no. 1, pp. 82-96 ISSN: 2042-678X
  • Potts, J. Hartley, J. Montgomery, L. Neylon, C. and Rennie, E. 2017, 'A journal is a club: A new economic model for scholarly publishing', in Prometheus: Critical Studies in Innovation, Routledge, United Kingdom, vol. 35, no. 1, pp. 75-92 ISSN: 1470-1030
  • Almudi, I. Fatas-Villafranca, F. Potts, J. and Thomas, S. 2017, 'Absorptive capacity of demand in sports innovation', in Economics of Innovation and New Technology, Routledge, United Kingdom, vol. 27, no. 4, pp. 328-342 ISSN: 1043-8599
  • Potts, J. Rennie, E. and Goldenfein, J. 2017, 'Blockchains and the crypto city', in IT - Information Technology, De Gruyter Oldernbourg, Germany, vol. 59, no. 6, pp. 285-293 ISSN: 2196-7032
  • Potts, J. 2017, 'Complexity, economics, and innovation policy: How two kinds of science lead to two kind of economics and two kinds of policy', in Complexity, Governance and Networks, Baltzer Science Publisher, Netherlands, pp. 22-34 ISSN: 2214-3009
  • Potts, J. and Kastelle, T. 2017, 'Economics of innovation in Australian agricultural economics and policy', in Economic Analysis and Policy, Elsevier, Australia, vol. 54, pp. 96-104 ISSN: 0313-5926
  • MacDonald, T. and Potts, J. 2017, 'Estimates of a cultural consumption price index by Australian region', in International Journal of Cultural and Creative Industries, Institute of Creative Industries Design, National Cheng Kung University, Taiwan, vol. 4, no. 2, pp. 4-21 ISSN: 2311-9527
  • Potts, J. 2017, 'Institutions hold consumption on a leash: An evolutionary economic approach to the future of consumption', in Journal of Evolutionary Economics, Springer, Germany, vol. 27, no. 2, pp. 239-250 ISSN: 0936-9937
  • Rennie, E. and Potts, J. 2017, 'Kimberley Girl: Program Outcomes', Goolarri Media Enterprises, RMIT, Melbourne, Australia
  • Almudi, I. Fatas-Villafranca, F. Izquierdo, L. and Potts, J. 2017, 'The economics of utopia: a co-evolutionary model of ideas, citizenship and socio-political change', in Journal of Evolutionary Economics, Springer, Germany, vol. 27, no. 4, pp. 629-662 ISSN: 0936-9937
  • Waters Lynch, J. and Potts, J. 2017, 'The social economy of coworking spaces: A focal point model of coordination', in Review of Social Economy, Routledge, United Kingdom, vol. 75, no. 4, pp. 417-433 ISSN: 0034-6764
  • Davidson, S. and Potts, J. 2017, 'The stationary bandit model of intellectual property', in Cato Journal, Cato Institute, United States, vol. 37, no. 1, pp. 69-88 ISSN: 0273-3072
  • Hartley, J. and Potts, J. 2016, ''Paris with snakes'? The future of communication is/as 'Cultural Science', in International Communication Gazette, Sage, United Kingdom, vol. 78, no. 7, pp. 627-635 ISSN: 1748-0493
  • Davidson, S. and Potts, J. 2016, 'A new institutional approach to innovation policy', in Australian Economic Review, Wiley-Blackwell, Australia, vol. 49, no. 2, pp. 200-207 ISSN: 0004-9018
  • Potts, J. 2016, 'Behavioral innovation economics', in Routledge Handbook of Behavioral Economics, Routledge, New York, United States, pp. 392-404 ISBN: 9781138821149
  • Allen, D. Macdonald, T. and Potts, J. 2016, 'Blockchains and the boundaries of self-organized economies: Predictions for the future of banking', in Banking Beyond Banks and Money, Springer, Heidelberg, pp. 279-296 ISBN: 9783319424484
  • Roe, G. and Potts, J. 2016, 'Detecting new industry emergence using government data: a new analytic approach to regional innovation policy', in Innovation: Management, Policy and Practice, Routledge, Australia, vol. 18, no. 3, pp. 373-388 ISSN: 1447-9338
  • Thomas, S. and Potts, J. 2016, 'How industry competition ruined windsurfing', in Sport, Business and Management, an International Journal, Emerald, United Kingdom, vol. 6, no. 5, pp. 565-578 ISSN: 2042-678X
  • Allen, D. and Potts, J. 2016, 'How innovation commons contribute to discovering and developing new technologies', in International Journal of the Commons, Utrecht University Library Open Access Journals, Netherlands, vol. 10, no. 2, pp. 1-20 ISSN: 1875-0281
  • Potts, J. 2016, 'Innovation policy in a global economy', in Journal of Entrepreneurship and Public Policy, Emerald, United Kingdom, vol. 5, no. 3, pp. 1-20 ISSN: 2045-2101
  • Earl, P. and Potts, J. 2016, 'The management of creative vision and the economics of creative cycles', in Managerial and Decision Economics, John Wiley and Sons, United Kingdom, vol. 37, no. 7, pp. 474-484 ISSN: 0143-6570
  • Davidson, S. and Potts, J. 2016, 'The social costs of innovation policy', in Economic Affairs, John Wiley and Sons, United Kingdom, vol. 36, no. 3, pp. 282-293 ISSN: 0265-0665
  • Almudi, I. Fatas-Villafranca, F. and Potts, J. 2016, 'Utopia competition: A new approach to the micro-foundations of sustainability transitions', in Journal of Bioeconomics, Springer New York LLC, United States, vol. 19, pp. 165-185 ISSN: 1387-6996
  • Cunningham, S. and Potts, J. 2015, 'Creative industries and the wider economy', in The Oxford Handbook of the Creative Industries, Oxford University Press, Oxford, United Kingdom, pp. 387-404 ISBN: 9780199603510
  • Angelopoulos, S. Boymal, J. De Silva, A. and Potts, J. 2015, 'Does residential diversity attract workers in creative occupations?', in Australasian Journal of Regional Studies, Regional Science Association - Australian and New Zealand Section, Australia, vol. 21, no. 2, pp. 202-230 ISSN: 1324-0935
  • Potts, J. and Hartley, J. 2015, 'How the social economy produces innovation', in Review of Social Economy, Routledge, United Kingdom, vol. 73, no. 3, pp. 263-282 ISSN: 0034-6764
  • Thomas, S. and Potts, J. 2015, 'Industry sustainability under technological evolution: A case study of the overshooting hypothesis in sports', in Procedia Engineering, vol. 112, A. Subic, F. K. Fuss, F. Alam, T.Y.Pang, M. Takla (ed.), Elsevier BV, Netherlandsvol. 112, pp. 562-567
  • Potts, J. and Thomas, S. 2015, 'The curious case for media monopoly in technology driven sports', in Media International Australia, University of Queensland, Brisbane, Australia, vol. 155, no. 1, pp. 140-148 ISSN: 1329-878X
  • Dopfer, K. Potts, J. and Pyka, A. 2015, 'Upward and downward complementarity: the meso core of evolutionary growth theory', in Journal of Evolutionary Economics, Springer, Germany, vol. 26, no. 4, pp. 753-763 ISSN: 0936-9937
  • Potts, J. and Shehadeh, T. 2014, 'Compensating differentials in creative industries and occupations: some evidence from HILDA', in Creative work beyond the creative industries : innovation, employment and education, Edward Elgar, Cheltenham, United Kingdom, pp. 47-60 ISBN: 9781782545699
  • Hartley, J. and Potts, J. 2014, 'Cultural science: A natural history of stories, demes, knowledge and innovation', Bloomsbury Academic, New York, United States ISBN: 9781849666022
  • Potts, J. 2014, 'Economics of public WiFi', in Australian Journal of Telecommunications and the Digital Economy, Telecommunication Society of Australia, Australia, vol. 2, no. 1, pp. 1-9 ISSN: 2203-1693
  • Potts, J. 2014, 'Innovation is a spontaneous order', in Cosmos and Taxis: Studies in Emergent Order and Organization, Simon Fraser University, Burnaby, Canada, vol. 2, no. 1, pp. 1-10 ISSN: 2291-5079
  • Potts, J. 2014, 'New technologies and cultural consumption', in Handbooks of the Economics of Arts and Culture Volume 2, Oxford University Press, United Kingdom, pp. 215-231 ISBN: 9780444537768
  • Potts, J. 2014, 'The Alchian-Allen Theorem and the economics of internet animals', in Media/Culture Journal, Queensland University of Technology, Australia, vol. 17, no. 2, pp. 1-12 ISSN: 1441-2616
  • Kastelle, T. Potts, J. and Dodgson, M. 2014, 'The evolution of innovation systems', in The New Evolutionary Economics III: Evolutionary Macroeconomics, Edward Elgar, Cheltenham, United Kingdom, pp. 420-444 ISBN: 9781843768166
  • Podkalicka, A. and Potts, J. 2014, 'Towards a general theory of thrift', in International Journal of Cultural Studies, Sage Publications, United Kingdom, vol. 17, no. 3, pp. 227-241 ISSN: 1367-8779
  • Hartley, J. and Potts, J. 2014, 'What is cultural science? (and what is it not.)', in Cultural Science, Cultural Science, Australia, vol. 7, no. 1, pp. 34-57 ISSN: 1836-0416
  • Hartley J, Potts J (2014) Cultural Science. Bloomsbury.
  • Potts, J. 2013, 'Evolutionary perspectives', in Handbook on the digital creative economy, Edward Elgar Publishing, United Kingdom, pp. 26-36 ISBN: 9781781004869
  • Hartley, J. Potts, J. Cunningham, S. Flew, T. Keane, M. and Banks, J. 2013, 'Key concepts in creative industries', Sage, London, United Kingdom ISBN: 9781446202883
  • Banks, J. and Potts, J. 2013, 'Modelling co-creativity: A co-evolutionary approach', in Co-Creating Videogames, Bloomsbury Academic, London, United Kingdom, pp. 133-160 ISBN: 9781849664967
  • Potts, J. 2013, 'Rules of spontaneous order', in Cosmos and Taxis, Simon Fraser University, Burnaby, Canada, vol. 1, no. 1, pp. 30-41 ISSN: 2291-5079
  • Petzold, T. Liao, H. Hartley, J. and Potts, J. 2012, 'A world map of knowledge in the making: Wikipedia's inter-language linkage as a dependency explorer of global knowledge accumulation', in Leonardo: Art Science and Technology, MIT Press, United States, vol. 45, no. 3, pp. 284-288 ISSN: 0024-094X
  • Hartley, J. Potts, J. McDonald, J. Erkunt, C. and Kufleitner, C. 2012, 'Creative city index', in Cultural Science, Cultural Science, Australia, vol. 5, no. 1, pp. 1-138 ISSN: 1836-0416
  • Potts, J. 2012, 'Creative industries and innovation in a knowledge economy', in Handbook on the Knowledge Economy Volume 2, Edward Elgar, Cheltenham, pp. 193-203 ISBN: 978-1-84980-174-4
  • Cunningham, S. and Potts, J. 2012, 'Cultural Industries', in Encyclopedia of Global Studies - Volume I, Sage, London, United Kingdom, pp. 330-334 ISBN: 9781412964296
  • Potts, J. 2012, 'Novelty bundling markets', in Advances in Austrian Economics, Emerald Group Publishing, United Kingdom, vol. 16, pp. 291-312 ISSN: 1529-2134
  • Earl, P. and Potts, J. 2012, 'The creative instability hypothesis', in Cambridge Journal of Economics, Oxford University Press, United Kingdom, vol. online, pp. 1-21 ISSN: 0309-166X
  • Earl, P. and Potts, J. 2011, 'A nobel prize for governance and Institutions: Oliver Williamson and Elinor Ostrom', in Review of Political Economy, Routledge, United Kingdom, vol. 23, no. 1, pp. 1-24 ISSN: 0953-8259
  • Potts, J. 2011, 'The use of happiness in society', in Policy, The Centre for Independent Studies, Australia, vol. 27, no. 1, pp. 3-10 ISSN: 1032-6634
  • Potts J (2011) Creative Industries and Economic Evolution. Elgar.
  • Potts, J. Foster, J. and Straton, A. 2010, 'An entrepreneurial model of economic and environmental co-evolution', in Ecological Economics, Elsevier BV, Netherlands, vol. 70, no. 2, pp. 375-383 ISSN: 0921-8009
  • Potts, J. 2010, 'Can behavioural biases in choice under novelty explain innovation failures?', in Prometheus, Routledge, Australia, vol. 28, no. 2, pp. 133-148 ISSN: 0810-9028
  • Banks, J. and Potts, J. 2010, 'Co-creating games: A co-evolutionary analysis', in New Media and Society, Sage Publications Ltd, United Kingdom, vol. 12, no. 2, pp. 253-270 ISSN: 1461-4448
  • Potts, J. 2010, 'Innovation by elimination: An experimental approach to public sector innovation', in Innovation: Management, Policy and Practice, eContent Management Pty Ltd, Australia, vol. 12, no. 2, pp. 238-248 ISSN: 1447-9338
  • Potts, J. 2010, 'Ontology in economics', in Theory and Applications of Ontology : Philosophical Perspectives, Springer, London, pp. 277-286 ISBN: 978-90-481-8844-4
  • Potts, J. and Kastelle, T. 2010, 'Public sector innovation research: What's next?', in Innovation: Management, Policy and Practice, eContent Management Pty Ltd, Australia, vol. 12, no. 2, pp. 122-137 ISSN: 1447-9338
  • Dopfer, K. and Potts, J. 2010, 'Why evolutionary realism underpins evolutionary economic analysis and theory: A reply to Runde's critique', in Journal of Institutional Economics, Cambridge University Press, United Kingdom, vol. 6, no. 3, pp. 401-413 ISSN: 1744-1374
  • Foster, J. and Potts, J. 2009, 'A micro-meso-macro perspective on the methodology of evolutionary economics:integrating history, simulation and econometrics', in Schumpeterian Perspectives on Innovation, Competition and Growth, Springer, Berlin, pp. 53-68 ISBN: 978-3-540-93776-0
  • Potts, J. 2009, 'Do developing economies require creative industries? Some old theory about new China', in Chinese Journal of Communication, Routledge, United Kingdom, vol. 2, no. 1, pp. 92-108 ISSN: 1754-4750
  • Montgomery, L. and Potts, J. 2009, 'Does weaker copyright mean stronger creative industries? Some lessons from China', in Creative Industries Journal, Intellect Ltd, United Kingdom, vol. 1, no. 3, pp. 245-261 ISSN: 1751-0694
  • Cunningham, S. and Potts, J. 2009, 'New economics for new media', in Mobile Technologies : From Telecommunication to Media, Routledge, London, pp. 131-142 ISBN: 978-0-415-98986-2
  • Dopfer, K. and Potts, J. 2009, 'On the theory of economic evolution', in Evolutionary and Institutional Economics Review, The Japan Association for Evolutionary Economics, Japan, vol. 6, no. 1, pp. 23-44 ISSN: 1349-4961
  • Potts, J. 2009, 'Open occupations - Why work should be free', in Economic Affairs, Wiley-Blackwell Publishing Ltd, United Kingdom, vol. 29, no. 1, pp. 71-76 ISSN: 0265-0665
  • Potts, J. 2009, 'The innovation deficit in public services: The curious problem of too much efficiency and not enough waste and failure', in Innovation: Management, Policy and Practice, eContent Management, Australia, vol. 11, no. 1, pp. 34-43 ISSN: 1447-9338
  • Potts, J. 2009, 'Why creative industries matter to economic evolution', in Economics of Innovation and New Technology, Routledge, United Kingdom, vol. 18, no. 7, pp. 663-673 ISSN: 1043-8599
  • Potts, J. Banks, J. Burgess, J. Cobcroft, R. Cunningham, S. Hartley, J. and Montgomery, L. 2008, 'Consumer co-creation and situated creativity', in Industry and Innovation, Routledge, United Kingdom, vol. 15, no. 5, pp. 459-474 ISSN: 1366-2716
  • Potts, J. 2008, 'Creative industries and cultural science: A definitional odyssey', in Cultural Science, Cultural Science, Australia, vol. 1, no. 1, pp. 1-11 ISSN: 1836-0416
  • Cunningham, S. Banks, J. and Potts, J. 2008, 'Cultural economy: the shape of the field', in The Cultural Economy, SAGE, London, pp. 15-26 ISBN: 978-1-4129-3473-2
  • Potts, J. 2008, 'Economic evolution, identity dynamics and cultural science', in Cultural Science, Cultural Science, Australia, vol. 1, no. 2, pp. 1-7 ISSN: 1836-0416
  • Quiggin, J. and Potts, J. 2008, 'Economics of non-market innovation and digital literacy', in Media International Australia Incorporating Culture and Policy, University of Queensland * School of English, Media Studies & Art History, Australia, vol. 128, pp. 144-150 ISSN: 1329-878X
  • Potts, J. and Cunningham, S. 2008, 'Four models of the creative industries', in The International Journal of Cultural Policy, Routledge, United Kingdom, vol. 14, no. 3, pp. 233-247 ISSN: 1028-6632
  • Morrison, K. and Potts, J. 2008, 'Industry policy as innovation policy', in Knowledge Policy: Challenges for the 21st Century, Edward Elgar, Cheltenham, United Kingdom, pp. 162-174 ISBN: 978-1-84542-186-1
  • Potts, J. Cunningham, S. Hartley, J. and Ormerod, P. 2008, 'Social network markets: a new definition of the creative industries', in Journal of Cultural Economics, Springer New York LLC, United States, vol. 32, no. 3, pp. 167-185 ISSN: 0885-2545
  • Potts, J. Morrison, K. and Clarke, J. 2008, 'The allocation of complexity in economic systems', in Intelligent Complex Adaptive Systems, IGI Publishing, Hershey, pp. 331-350 ISBN: 978-1-59904717-1
  • Dopfer K, Potts J (2008) The General Theory of Economic Evolution. Routledge.
  • Potts, J. 2007, 'Art and innovation : an evolutionary economic view of the creative industry', in UNESCO Observatory E-Journal Multi-Disciplinary Research in the Arts, UNESCO Observatory for Multi-Disciplinary Research in the Arts, Australia, vol. 1, no. 1, pp. 1-18 ISSN: 1835-2766
  • Potts, J. 2007, 'Clarence Ayres memorial lecture: Evolutionary Institutional economics', in Journal of Economic Issues (JEI), M.E. Sharpe, Inc, United States, vol. 41, no. 2, pp. 341-351 ISSN: 0021-3624
  • Earl, P. Peng, T. and Potts, J. 2007, 'Decision-rule cascades and the dynamics of speculative bubbles', in Journal of Economic Psychology, Elsevier BV, Netherlands, vol. 28, no. 3, pp. 351-364 ISSN: 0167-4870
  • Potts, J. 2007, 'Exchange and evolution', in The Review of Austrian Economics, Springer New York LLC, United States, vol. 20, pp. 123-135 ISSN: 0889-3047
  • Chai, A. Earl, P. and Potts, J. 2007, 'Fashion, growth and welfare: an evolutionary approach', in Advances in Austrian Economics, Emerald Group Publishing Ltd, United Kingdom, vol. 10, pp. 187-207 ISSN: 1529-2134
  • Potts, J. 2007, 'Fashionomics', in Policy, The Centre for Independent Studies, Australia, vol. 23, no. 4, pp. 10-15 ISSN: 1032-6634
  • Potts, J. and Mandeville, T. 2007, 'Toward an evolutionary theory of innovation and growth in the service economy', in Prometheus (Abingdon): Critical Studies in Innovation, Routledge, Australia, vol. 25, no. 2, pp. 147-159 ISSN: 0810-9028
  • Potts, J. 2007, 'X-efficiency vs. x-efficacy', in Renaissance in Behavioral Economics : Essays in Honor of Harvey Leibenstein, Routledge, London, pp. 92-104 ISBN: 978-0-203-02087-6
  • Foster, J. and Potts, J. 2006, 'Complexity, evolution, and the structure of demand', in Flexibility and Stability in the Innovating Economy, Oxford University Press, United Kingdom, pp. 99-120 ISBN: 978-0-19-929047-5
  • Potts, J. 2006, 'How creative are the super-rich?', in Agenda: Empowering Women for Gender Equity, Routledge, United Kingdom, vol. 13, no. 4, pp. 339-350 ISSN: 1013-0950
  • Foster, J. Raine, A. and Potts, J. 2006, 'The new entropy law and the economic process', in Ecological Complexity, Elsevier BV, Netherlands, vol. 3, no. 4, pp. 354-360 ISSN: 1476-945X
  • Earl, P. and Potts, J. 2004, 'Bounded rationality and decomposability: the basis for integrating cognitive and evolutionary economics', in Models of a Man : Essays in Memory of Herbert A. Simon, MIT Press, Cambridge, pp. 317-333 ISBN: 0-262-01208-1
  • Dopfer, K. and Potts, J. 2004, 'Evolutionary foundations of economics', in Evolution and Economic Complexity, Edward Elgar, Cheltenham, United Kingdom, pp. 3-23 ISBN: 978-1-84720-338-0
  • Dopfer, K. and Potts, J. 2004, 'Evolutionary realism: a new ontology for economics', in Journal of Economic Methodology, Routledge, United Kingdom, vol. 11, no. 2, pp. 195-212 ISSN: 1350-178X
  • Potts, J. 2004, 'Liberty bubbles', in Policy, The Centre for Independent Studies Ltd, Australia, vol. 20, no. 3, pp. 15-21 ISSN: 1032-6634
  • Dopfer, K. Foster, J. and Potts, J. 2004, 'Micro-meso-macro', in Journal of Evolutionary Economics, Springer, Germany, vol. 14, no. 3, pp. 263-279 ISSN: 0936-9937
  • Earl, P. and Potts, J. 2004, 'The market for preferences', in Cambridge Journal of Economics, Oxford University Press, United Kingdom, vol. 28, no. 4, pp. 619-633 ISSN: 0309-166X
  • Potts, J. 2003, 'Evolutionary economics foundation of liberal economic philosophy', in Policy, The Centre for Independent Studies Ltd, Australia, vol. 19, no. 1, pp. 58-62 ISSN: 1032-6634
  • Potts, J. 2003, 'The Prometheus school of information economics', in Prometheus, Routledge, Australia, vol. 21, no. 4, pp. 477-486 ISSN: 0810-9028
  • Potts, J. 2003, 'Toward an evolutionary theory of homo economics', in Evolutionary Economics and Human Nature, Edward Elgar, Cheltenham, pp. 195-216 ISBN: 1840649232
  • Potts J (2000) The New Evolutionary Microeconomics. Elgar
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Feature projects

Digital Infrastructure and the Digital CBD

2021

Key projects by year

  • Digital Infrastructure and the Digital CBD (2021) 
  • Improving Water Markets and Trading through New Digital Technologies (2020)
  • Public Finance and Cryptocurrencies (2020)
  • ARC Centre of Excellence for Automated Decision-Making and Society (2020) 
  • Economics of Industry Utilities in a Digital Economy (2019)
  • Risks and opportunities evaluation framework for blockchain initiatives for Victoria (2019)
  • Exploring the Potential for Artificial Intelligence and Blockchain to Enhance Transport (administered by: Curtin University) (2019)
  • Incorporation of Blockchain encryption technology to secure patient medical records, both episodic and longitudinal, within targeted medical and clinical information applications (2018)
  • The new technologies of freedom: using technology to turn ideas into action (2018)
  • The application of blockchain to Victorian Water Register (2018)
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Awards

Jason Potts award photo

RMIT ‘Media Star’ Award

Award date: 2018

Recipients: Jason Potts


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

Award date: 2017

Recipients: Jason Potts

Vice-President, International Joseph A. Schumpeter Society

Award date: 2016 -

Recipients: Jason Potts

ARC Future Fellowship 2012–16 ‘Innovation commons’

Award date: 2012-16

Recipients: Jason Potts

Key awards by year

  • RMIT ‘Media Star’ Award 2018
  • Elected Fellow of the Academy of the Social Sciences in Australia (ASSA) 2017
  • Vice-President, International Joseph A. Schumpeter Society (2016–Present)
  • J. Ent. & Pub. Pol. 2016 (Best paper award)
  • RMIT Vice Chancellor’s Research Award 2015 (University research award)
  • EFM Research Award 2015 (University research award)
  • ARC Future Fellowship 2012–16 ‘Innovation commons’
  • University of Queensland 2009 (Teaching award)
  • University of Queensland 2008 (Teaching award)
  • Clarence Ayres Award, AFEE, 2007
  • J. Econ. Issues 2007 (Best paper award)
  • University of Queensland 2006 (Teaching award)
  • International Joseph A. Schumpeter Prize, 2000 (for The New Evolutionary Microeconomics)
  • Elected Fellow: Australian Digital Commerce Association
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Grants

  • Victoria Government Funding to BIH for Digital CBD 2021‐2022 ($2 million)
  • CI, ‘Evolving innovation space: RDI policies and impact evaluation’ Business Finland 2020‐2022 ($301,586)
  • CI, ARC Centre of Excellence in Autonomous Decision‐Making and Society, 2020‐2027 ($32.6 million)
  • RMIT (R&I) Blockchain Innovation Hub ($5.95 million)
  • ARC Discovery 2020‐2022 ‘Cryptoeconomics and public finance’ ($413,000)
  • ARC Future Fellowship ‘The Innovation Commons: How Australian industries are pooling innovation resources and why this matters’ (2012‐16) FT120100509 ($860,000)
  • ARC Centre of Excellence in Creative Industries and Innovation (CCI), PI: ‘Evolutionary economics & creative industries’
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Public and media engagements

2021

2020

2019

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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 'Luwaytini' by Mark Cleaver, Palawa.

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.