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Firms, Markets and Economic Change : A dynamic Theory of Business Institutions

By: Paul L. Robertson (Author) , Richard N. Langlois (Author)

Manufacture on Demand

Ksh 45,600.00

Format: Hardback or Cased Book

ISBN-10: 0415121191

ISBN-13: 9780415121194

Publisher: Taylor & Francis Ltd

Imprint: Routledge

Country of Manufacture: GB

Country of Publication: GB

Publication Date: Jul 6th, 1995

Publication Status: Active

Product extent: 200 Pages

Weight: 461.00 grams

Product Classification / Subject(s): Ownership & organization of enterprises

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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.
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.

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