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Dynamics of Industry Growth

Dynamics of Industry Growth PDF Author: Jati Sengupta
Publisher: Springer Science & Business Media
ISBN: 1461438527
Category : Business & Economics
Languages : en
Pages : 182

Book Description
Economic growth of a country depends on its industries. The focus of modern growth theory is basically macroeconomics, although neoclassical models use competitive markets and the optimization behavior of households and firms in general equilibrium framework. The emphasis here is on industry growth, where the microfoundations of industry are analyzed in terms of economic efficiency. The various linkages which link firm growth with the industry growth are discerned here under various market structures both competitive and monopolistic. The role of information in facilitating market signals and allowing the adoption of new processes has been especially emphasized in this volume. Many issues of market failure and the suboptimality of competitive equilibria are due to incomplete and imperfect information structures and we need a comprehensive theory of information structures underlying the process of industry growth and its dynamics. This book will be of interest to economists studying economic and industry growth and innovation.

Dynamics of Industry Growth

Dynamics of Industry Growth PDF Author: Jati Sengupta
Publisher: Springer Science & Business Media
ISBN: 1461438527
Category : Business & Economics
Languages : en
Pages : 182

Book Description
Economic growth of a country depends on its industries. The focus of modern growth theory is basically macroeconomics, although neoclassical models use competitive markets and the optimization behavior of households and firms in general equilibrium framework. The emphasis here is on industry growth, where the microfoundations of industry are analyzed in terms of economic efficiency. The various linkages which link firm growth with the industry growth are discerned here under various market structures both competitive and monopolistic. The role of information in facilitating market signals and allowing the adoption of new processes has been especially emphasized in this volume. Many issues of market failure and the suboptimality of competitive equilibria are due to incomplete and imperfect information structures and we need a comprehensive theory of information structures underlying the process of industry growth and its dynamics. This book will be of interest to economists studying economic and industry growth and innovation.

The Spatial Dynamics of U.S. Urban-industrial Growth, 1800-1914

The Spatial Dynamics of U.S. Urban-industrial Growth, 1800-1914 PDF Author: Allan Pred
Publisher: Cambridge, Mass. : M.I.T. Press
ISBN:
Category : Cities and towns
Languages : en
Pages : 248

Book Description


Industrial Dynamics, Innovation Policy, and Economic Growth Through Technological Advancements

Industrial Dynamics, Innovation Policy, and Economic Growth Through Technological Advancements PDF Author: I. Hakan Yetkiner
Publisher:
ISBN: 9781466619784
Category : Diffusion of innovations
Languages : en
Pages : 0

Book Description
"This book examines the nature of the process of technological change in different sectors of various countries, analyzing the impact of innovation as well as research and development activities on different outcomes in different fields and assessing the design and impact of policies aimed at enhancing innovation in organizations"--Provided by publisher.

Efficiency, Market Dynamics and Industry Growth

Efficiency, Market Dynamics and Industry Growth PDF Author: J. K. Sengupta
Publisher: Springer
ISBN: 0230248667
Category : Business & Economics
Languages : en
Pages : 174

Book Description
The dynamics of industry growth, technology and globalization have a dramatic impact on the current economic growth of nations, significantly changing the market structure and world trade, and challenging the competitive equilibrium and their guiding principles. In the world of innovations and spill-over of R&D effects, various forms of non-competitive market structures have evolved in recent times. This book analyzes the new paradigm of change in technology intensive industries, with an emphasis in three main areas; non-parametric models of growth, sources of industry growth and non-competitive market structures in a dynamic framework. The authors to this volume utilise theoretical and empirical analysis to examine the role of R&D investment and Solow-type technical progress, using the non-parametric methods of efficiency analysis, also known as Data Envelopment Analysis. This book is essential reading for all interested in economic theory and innovation.

Structural Dynamics and Economic Growth

Structural Dynamics and Economic Growth PDF Author: Richard Arena
Publisher: Cambridge University Press
ISBN: 1107015960
Category : Business & Economics
Languages : en
Pages : 309

Book Description
Ever since Adam Smith, economists have been preoccupied with the puzzle of economic growth. The standard mainstream models of economic growth were and often still are based either on assumptions of diminishing returns on capital with technological innovation or on endogenous dynamics combined with a corresponding technological and institutional setting. An alternative model of economic growth emerged from the Cambridge School of Keynesian economists in the 1950s and 1960s. This model - developed mainly by Luigi Pasinetti - emphasizes the importance of demand, human learning and the growth dynamics of industrial systems. Finally, in the past decade, new mainstream models have emerged incorporating technology or demand-based structural change and extending the notion of balanced growth. This collection of essays reassesses Pasinetti's theory of structural dynamics in the context of these recent developments, with contributions from economists writing in both the mainstream and the Cambridge Keynesian traditions and including Luigi Pasinetti, William Baumol, Geoffrey Harcourt and Nobel laureate Robert Solow.

Modern Evolutionary Economics

Modern Evolutionary Economics PDF Author: Richard R. Nelson
Publisher: Cambridge University Press
ISBN: 1108660789
Category : Business & Economics
Languages : en
Pages : 285

Book Description
Evolutionary economics sees the economy as always in motion with change being driven largely by continuing innovation. This approach to economics, heavily influenced by the work of Joseph Schumpeter, saw a revival as an alternative way of thinking about economic advancement as a result of Richard Nelson and Sidney Winter's seminal book, An Evolutionary Theory of Economic Change, first published in 1982. In this long-awaited follow-up, Nelson is joined by leading figures in the field of evolutionary economics, reviewing in detail how this perspective has been manifest in various areas of economic inquiry where evolutionary economists have been active. Providing the perfect overview for interested economists and social scientists, readers will learn how in each of the diverse fields featured, evolutionary economics has enabled an improved understanding of how and why economic progress occurs.

Entrepreneurship, Growth, and Innovation

Entrepreneurship, Growth, and Innovation PDF Author: Enrico Santarelli
Publisher: Springer Science & Business Media
ISBN: 9780387288680
Category : Business & Economics
Languages : en
Pages : 318

Book Description
The analysis of different national cases (including, Germany, Greece, Italy, Portugal, Turkey, the Netherlands, and the United States) puts forward that the relationship between entrepreneurship and growth (via innovation) is shaped by the context of country-specific institutions and industries, thereby providing hints for industrial and innovation policy.

Producer Dynamics

Producer Dynamics PDF Author: Timothy Dunne
Publisher: University of Chicago Press
ISBN: 0226172570
Category : Business & Economics
Languages : en
Pages : 623

Book Description
The Census Bureau has recently begun releasing official statistics that measure the movements of firms in and out of business and workers in and out of jobs. The economic analyses in Producer Dynamics exploit this newly available data on establishments, firms, and workers, to address issues in industrial organization, labor, growth, macroeconomics, and international trade. This innovative volume brings together a group of renowned economists to probe topics such as firm dynamics across countries; patterns of employment dynamics; firm dynamics in nonmanufacturing industries such as retail, health services, and agriculture; employer-employee turnover from matched worker/firm data sets; and turnover in international markets. Producer Dynamics will serve as an invaluable reference to economists and policy makers seeking to understand the links between firms and workers, and the sources of economic dynamics, in the age of globalization.

Global Strategy in the Service Industries

Global Strategy in the Service Industries PDF Author: Mario Glowik
Publisher: Taylor & Francis
ISBN: 1317402359
Category : Business & Economics
Languages : en
Pages : 211

Book Description
Global service-based firms are often 'born global,' and these organizations have developed integrated global strategies based on industry relationships, in order to thrive in new environments. Focusing on these global strategies, this textbook explores the workings of modern service businesses, presenting theoretical management concepts alongside illustrative examples. Original case studies from a range of global sectors, including Starbucks and Facebook, as well as broader studies, such as healthcare in Japan, provide practical insights into the art of thriving as a global business. Written by a leading expert in the field, this multidisciplinary text is a vital read for all scholars and students wishing to view strategic relationships from the focal point of service industries.

Industrial Dynamics, Innovation Policy, and Economic Growth through Technological Advancements

Industrial Dynamics, Innovation Policy, and Economic Growth through Technological Advancements PDF Author: Yetkiner, I. Hakan
Publisher: IGI Global
ISBN: 1466619791
Category : Technology & Engineering
Languages : en
Pages : 441

Book Description
"This book examines the nature of the process of technological change in different sectors of various countries, analyzing the impact of innovation as well as research and development activities on different outcomes in different fields and assessing the design and impact of policies aimed at enhancing innovation in organizations"--Provided by publisher.