Firms, Markets and Economic Change

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A01=Paul L. Robertson
A01=Richard N. Langlois
ancillary
Ancillary Capabilities
Apple II
Author_Paul L. Robertson
Author_Richard N. Langlois
Business Institutions
capabilities
Category=KCA
Category=KJV
Chandler's Argument
Chandlerian Firms
Chandler’s Argument
Coordination Integration
cost
costs
Dense
district
dynamic
dynamic firm boundaries analysis
Dynamic Transaction Costs
economic history research
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
evolutionary economics
External Capabilities
Firm's Surplus
Firm’s Surplus
Follow
Ford Motor Company
Holding
IBM PC
Idiosyncratic Capabilities
industrial
Industrial Districts
industrial networks evolution
innovation management strategies
intrinsic
Intrinsic Core
keiretsu structure analysis
Langlois 1986a
marshallian
Marshallian Industrial Districts151
Modular System
organisational change theory
Ownership Integration
Pioneering Nation
Product Life Cycle
transaction
Transaction Cost Theory
Vertical Integration

Product details

  • ISBN 9780415121194
  • Weight: 430g
  • Dimensions: 156 x 234mm
  • Publication Date: 06 Jul 1995
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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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.

Richard N. Langlois is Professor of Economics at the University of Connecticut, Storrs. His research interests include the economics of organization, the economics of technology, and economic history. He is the editor of Economics as a Process: Essays in the New Institutional Economics (1986) and the lead author of Microelectronics: An Industry in Transition (1988). Paul L. Robertson is a Senior Lecturer in the Department of Economics and Management at University College, University of New South Wales. In recent years, he has taught strategic and project management as well as economic history. In addition to many articles, he is the co-author, with Sidney Pollard, of The British Shipbuilding Industry, 1870–1914 (1979).

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