Firms, Markets and Economic Change : A dynamic Theory of Business Institutions
Book Details
Format
Paperback / Softback
ISBN-10
0415123852
ISBN-13
9780415123853
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jul 6th, 1995
Print length
198 Pages
Weight
453 grams
Product Classification:
Ownership & organization of enterprises
Ksh 12,950.00
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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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