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Author: Luca Lambertini Publisher: Routledge ISBN: 1317218256 Category : Business & Economics Languages : en Pages : 265
Book Description
The separation between ownership and control has become common practice over the last century, in most medium and large firms across the world. Throughout the twentieth century, the theory of the firm and the theory of industrial organization developed parallel and complementary views on managerial firms. This book offers a comprehensive exposition of this debate. In its survey of strategic delegation in oligopoly games, An Economic Theory of Managerial Firms is able to offer a reinterpretation of a range of standard results in the light of the fact that the control of firms is generally not in the hand of its owners. The theoretical models are supported by a wealth of real-world examples, in order to provide a study of strategic delegation that is far more in-depth than has previously been found in the literature on industrial organization. In this volume, analysis is extended in several directions to cover applications concerning the role of: managerial firms in mixed market; collusion and mergers; divisionalization and vertical relations; technical progress; product differentiation; international trade; environmental issues; and the intertemporal growth of firms. This book is of great interest to those who study industrial economics, organizational studies and industrial studies.
Author: Luca Lambertini Publisher: Routledge ISBN: 1317218256 Category : Business & Economics Languages : en Pages : 265
Book Description
The separation between ownership and control has become common practice over the last century, in most medium and large firms across the world. Throughout the twentieth century, the theory of the firm and the theory of industrial organization developed parallel and complementary views on managerial firms. This book offers a comprehensive exposition of this debate. In its survey of strategic delegation in oligopoly games, An Economic Theory of Managerial Firms is able to offer a reinterpretation of a range of standard results in the light of the fact that the control of firms is generally not in the hand of its owners. The theoretical models are supported by a wealth of real-world examples, in order to provide a study of strategic delegation that is far more in-depth than has previously been found in the literature on industrial organization. In this volume, analysis is extended in several directions to cover applications concerning the role of: managerial firms in mixed market; collusion and mergers; divisionalization and vertical relations; technical progress; product differentiation; international trade; environmental issues; and the intertemporal growth of firms. This book is of great interest to those who study industrial economics, organizational studies and industrial studies.
Author: Patrizio Bianchi Publisher: Edward Elgar Publishing ISBN: Category : Business & Economics Languages : en Pages : 240
Book Description
Key topics, such as the interplay between labour and capital, the choice of the optimal product range and the dynamics of capital accumulation and innovation are investigated. All of these aspects of the evolution of a market are evaluated in connection with the manifold issue of information, be that related to demand uncertainty, accountancy data, the diffusion of technological knowledge, or the nature of strategic interaction among firms in market games.
Author: Bob Milward Publisher: Edward Elgar Publishing ISBN: Category : Business & Economics Languages : en Pages : 216
Book Description
Bob Milward presents an alternative view of globalization and argues that indeed there has been a continuum in capitalist development, but that this has been forged by historical processes and the dynamism of the competitive forces of capitalism. Milward identifies the emergence of monopoly capitalism as an important shaping factor, and in so doing sheds new light on issues of underdevelopment, multi-national imperialism and crises in advanced capitalist economies.
Author: Salvatore Torrisi Publisher: Edward Elgar Publishing ISBN: 9781782541097 Category : Business & Economics Languages : en Pages : 232
Book Description
This work provides a systematic/quantitative analysis of the development of the software industry, the major growth industry in advanced economies. It presents the results of industry surveys, shedding light on differences in specialisation and performance of European and US software firms.
Author: Mikaela Backman Publisher: Edward Elgar Publishing ISBN: 1788116216 Category : Business & Economics Languages : en Pages : 441
Book Description
Many developed countries are facing a demographic change with an increasing share of older individuals, yet little is known about how older workers will impact regional and national economies in terms of labor market dynamics. This Handbook deals with the important and emerging field of entrepreneurship among this group and focuses on the behavioral perspectives of this phenomenon; on innovation, dynamics and performance; and the ways entrepreneurship among the elderly looks within different countries.
Author: Richard B. McKenzie Publisher: University of Michigan Press ISBN: 0472901141 Category : Business & Economics Languages : en Pages : 554
Book Description
In Defense of Monopoly offers an unconventional but empirically grounded argument in favor of market monopolies. Authors McKenzie and Lee claim that conventional, static models exaggerate the harm done by real-world monopolies, and they show why some degree of monopoly presence is necessary to maximize the improvement of human welfare over time. Inspired by Joseph Schumpeter's suggestion that market imperfections can drive an economy's long-term progress, In Defense of Monopoly defies conventional assumptions to show readers why an economic system's failure to efficiently allocate its resources is actually a necessary precondition for maximizing the system's long-term performance: the perfectly fluid, competitive economy idealized by most economists is decidedly inferior to one characterized by market entry and exit restrictions or costs. An economy is not a board game in which players compete for a limited number of properties, nor is it much like the kind of blackboard games that economists use to develop their monopoly models. As McKenzie and Lee demonstrate, the creation of goods and services in the real world requires not only competition but the prospect of gains beyond a normal competitive rate of return.
Author: Josh Lerner Publisher: University of Chicago Press ISBN: 0226473031 Category : Art Languages : en Pages : 715
Book Description
This volume offers contributions to questions relating to the economics of innovation and technological change. Central to the development of new technologies are institutional environments and among the topics discussed are the roles played by universities and the ways in which the allocation of funds affects innovation.
Author: Inter-American Development Bank Publisher: Springer ISBN: 1349581518 Category : Business & Economics Languages : en Pages : 366
Book Description
This volume uses the study of firm dynamics to investigate the factors preventing faster productivity growth in Latin America and the Caribbean, pushing past the limits of traditional macroeconomic analyses. Each chapter is dedicated to an examination of a different factor affecting firm productivity - innovation, ICT usage, on-the-job-training, firm age, access to credit, and international linkages - highlighting the differences in firm characteristics, behaviors, and strategies. By showcasing this remarkable heterogeneity, this collection challenges regional policymakers to look beyond one-size-fits-all solutions and create balanced policy mixes tailored to distinct firm needs. This book is open access under a CC BY-NC-ND 3.0 IGO license.
Author: Paul Stoneman Publisher: Oxford University Press ISBN: 0192548638 Category : Business & Economics Languages : en Pages : 242
Book Description
Economics has not given sufficient attention to the microeconomic analysis of innovation and technological change. Counteracting this imbalance, The Microeconomics of Product Innovation considers how the use of economic analysis can guide and inform the search for insight in the generation and adoption of new products synonymously labelled product innovation. Written in an accessible tone and restricting its analysis to the use of microeconomics, this book encompasses the definition of product innovation. It explores means of measurement and revealed patterns of the extent of product innovation; the economic analysis of the forces driving the demand for, the supply of, and incentives to generate new products; empirical evidence upon the determinants of the extent of product innovation; the diffusion of product innovations; product innovation and firm performance; price measurement under product innovation; product innovation and welfare; and public policy and product innovation.
Author: Luca Lambertini
Author: Luca Lambertini
Author: Patrizio Bianchi
Author: Bob Milward
Author: 
Author: Salvatore Torrisi
Author: Mikaela Backman
Author: Richard B. McKenzie
Author: Josh Lerner
Author: Inter-American Development Bank
Author: Paul Stoneman