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Honda Foundation Announces Honda Prize 2006 Will Go To Innovation Research Pioneer, Dr. Richard R. Nelson.


Tokyo, Japan, July 21, 2006 - (JCN JCN Japan Corporate News
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 Newswire) - The Honda Foundation is pleased to announce we will confer the Honda Prize for the year 2006 on a pioneer in innovation research, Dr. Richard R. Nelson, George Nelson, George (1907–1986) industrial designer; born in Hartford, Conn. After architecture studies at Yale, Catholic University, and the American Academy in Rome, he founded his own industrial design firm (1946) and became design director at Herman Miller  Blumenthal Professor Emeritus of International and Public Affairs Those public information, command information, and community relations activities directed toward both the external and internal publics with interest in the Department of Defense. Also called PA. See also command information; community relations; public information. , Business and Law at Columbia University Columbia University, mainly in New York City; founded 1754 as King's College by grant of King George II; first college in New York City, fifth oldest in the United States; one of the eight Ivy League institutions. , U.S.A.. Dr. Nelson will be the 27th laureate of the prize, and is currently responsible for Center for Science Technology and Global Development of the Earth Institute at Columbia University.

Dr. Nelson has constantly paid deep attention to technological and institutional history with profound concerns for the role of technology in society. He is a pioneer in the field of economics of innovation - an academic research to study industrial and economic growth and deterioration in their inextricable in·ex·tri·ca·ble  
adj.
1.
a. So intricate or entangled as to make escape impossible: an inextricable maze; an inextricable web of deceit.

b.
 relation to innovations in technology and social institutions.

The publication of his hallmark, An Evolutionary Theory of Economic Change (Nelson & Winter, 1982), has spawned a multitude of research programs. It is considered by many one of the most seminal academic contributions that has helped economic and societal improvements in developing as well as developed parts of the world.

Honda Foundation has long advocated the concept of eco-technology as a guiding principle for the advancement of innovations. This advocacy has roots in the philosophy of our founder Soichiro Honda who always called for a wide range of innovations, not only technically as an engineer but operationally as a socially-responsible corporate leader.

It is in this broader context of innovation that Dr. Nelson's achievements perfectly match the spirit of eco-technology. We thus recognize they undoubtedly deserve the award of Honda Prize.

The 27th award ceremony for the Honda Prize will be held at the Imperial Hotel in Tokyo on the 17th of November 2006, commemorating the 100th birthday of late Soichiro Honda. In addition to the certificate and prize medal, Dr. Nelson will receive an extra prize of 10 million yen.

About Honda Motor Co., Ltd.

Honda Motor Co., Ltd. (TSE See Tokyo Stock Exchange.

TSE

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2. See Toronto Stock Exchange (TSE).
: 7267)(NYSE NYSE

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)(LSE LSE - Language Sensitive Editor : HNDA.L) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com.

Source: Honda Motor Co., Ltd.

Contact:
Honda Motor Co., Ltd.
Media Inquiries
corporate_pr@hm.honda.co.jp
+81-3-5412-1512


Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K.
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Publication:JCN Newswires
Geographic Code:9JAPA
Date:Jul 21, 2006
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