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

Book Details

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
Print length 200 Pages
Weight 461 grams
Product Classification: Ownership & organization of enterprises
Ksh 34,200.00
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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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