Derek C. Jones (born c. 1946) is the Irma M. and Robert D. Morris Professor of Economics atHamilton College. He is recognized for his contributions to theeconomics of participation, particularly his pioneering work on theeconometric analysis ofworker cooperatives,employee ownership, andprofit-sharing firms.[1]
Jones grew up inMiddlesbrough,UK, attending Acklam Hall Grammar School. After a year at theConstantine College of Technology he went on to readEconomics at theUniversity of Newcastle upon Tyne and gained aBA first class honors (1968). The following year he was awarded anMSc. with distinction at theLondon School of Economics. Jones earned hisPh.D. in Economics fromCornell University in 1974, specializing inlabor economics,comparative economic systems,macroeconomics, and development.[2]
Jones joined Hamilton College in 1972. He served aschair of the Economics Department on multiple occasions.[3] He has held numerous visiting positions, including atPembroke College, Oxford, theHelsinki School of Economics (nowAalto University),Hitotsubashi University, and theLondon Business School. Jones has also been a visiting scholar orFellow at institutions includingCambridge University,Copenhagen Business School,Manchester University,Warwick University,Durham University, Cornell and Mondragon University.[4]
Jones's major research fields are employee participation, employee ownership,human resource management practices, and cooperative enterprises.[5] The centre of attention is the analysis of the effects of employee ownership and participation on firm outcomes such as productivity and investment as well as worker outcomes such as job satisfaction. He has also studied diverse issues in transition (post-socialist) economies, publishing extensively on themes including the effects of diverse forms of ownership on enterprise performance for countries includingBulgaria,Latvia,Estonia,Lithuania,Russia, andChina.[6]
He has published in academic, policy and practitioner-oriented journals in advanced and emerging market economies, including theAmerican Economic Review,Journal of Economic Literature,Economica,Economic Journal,Journal of Comparative Economics,Industrial and Labor Relations Review,Industrial Relations,Oxford Economic Papers, and many others. He has authored or co-authored over 145 articles in refereed journals and book chapters, as well as eight books, including editing the first five volumes of the series Advances in the Economic Analysis of Participatory and Labor Managed Firms.[7]
He has collaborated with many distinguished economists including Saul Estrin,Jan Svejnar, Avner Ben-Ner,Louis Putterman, John Bonin,Dave Backus,Geoff Hodgson, Kosali Ilayperuma-Simon, Takao Kato,Stephen Smith, Will Bartlett, and Jacques Defourny. He has also collaborated with non-economists and published in non-economics journals such as theAmerican Sociological Review.[8]
Jones has received numerous honors, including Hamilton College's inaugural Career Achievement Award in 2008. He has served as President of theAssociation for Comparative Economic Studies and the International Association for the Economics of Participation. His fellowships include those fromIkerbasque, the Finnish Foundation for Education, theGerman Marshall Fund, and theSocial Science Research Council (UK).
Jones is formerly a research fellow at theDavidson Institute (University of Michigan) and SKOPE (University of Oxford) and is currently a Faculty Fellow and Mentor, School of Management and Labor Relations at Rutgers University. He has served on editorial boards for several academic journals including the J. of Comparative Economics and acted as a consultant for organizations such as theInternational Labour Organization (ILO) and theWorld Bank.[9]
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