Firms, Markets and Economic Change
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Product details
- ISBN 9780415123853
- Weight: 453g
- Dimensions: 156 x 234mm
- Publication Date: 06 Jul 1995
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
Traditonal western forms of corporate organization have been called into question by the success of Japanese keiretsu. Firms, Markets and Economic Change draws on industrial economics, business strategy, and economic history to develop an evolutionary model to show when innovation is best undertaken. The authors argue that innovation is a complex process that defies neat categorization and government policy should be to facilitate change rather than to direct it.
