Search results for: organization-in-the-economic-firm

Entrepreneurship and the Firm

Author : Nicolai J. Foss
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While characteristically "Austrian" economic themes are clearly relevant to the business firm, Austrian economists have said little about management, organization and strategy. The 12 chapters in this work seek to advance the understanding of these issues by drawing on Austrian ideas.

The Modern Firm

Author : John Roberts
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The Economist's Best Business Book of the Year, The Modern Firm is written by one of the world's leading economists and experts on business strategy and organization, and provides new insights into the changes going on in business today.

The Economic Theory of Organization and the Firm

Author : Richard Michael Cyert
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Organization in the Economic Firm

Author : Katzner, Donald W.
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Donald W. Katzner explores the concepts, their properties, and the implications of those properties that underlie many of the current approaches to the economics of firm organization. Topics covered include authority structures, the social interaction (including supervision) among employees required to fulfill the responsibilities of their jobs, participatory decision making to the extent that it occurs, the impact of time, and certain kinds of complexity and efficiency, all of which are fundamental to analyses of the internal organization of the economic firm. The author provides a clear and extensive presentation of the basic ideas, and examines how they relate to the operation and profitability of the firm.

The Organization of Economic Activity

Author : Harold Demsetz
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Handbook on the Economics and Theory of the Firm

Author : Michael Dietrich
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This unique Handbook explores both the economics of the firm and the theory of the firm, two areas which are traditionally treated separately in the literature. On the one hand, the former refers to the structure, organization and boundaries of the firm, while the latter is devoted to the analysis of behaviours and strategies in particular market contexts. the novel concept underpinning this authoritative volume is that these two areas closely interact, and that a framework must be articulated in order to illustrate how linkages can be created. This interpretative framework is comprehensively developed in the editors' introduction, and the expert contributors – more than fifty academics of renowned authority – further elaborate on the linkages in the seven comprehensive sections that follow, encompassing: background; equilibrium and new institutional theories; the multinational firm; dynamic approaches to the firm; modern issues; firms' strategies; and economic policy and the firm. Bridging economics and theory of the firm, and providing both technical and institutional perspectives on real corporations, this path-breaking Handbook will prove an invaluable resource for academics, researchers and students in the fields of economics, heterodox economics, business and management, and industrial organization.

Strategy Economic Organization and the Knowledge Economy

Author : Nicolai J. Foss
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The advent of the knowledge economy changes the ways in which firms organise their activities and how they strategize in the market place. This non-technical volume lays the foundations for an analysis of these phenomena. The discussion is both theoretical and empirical.

Firm Objectives Controls and Organization

Author : Gunnar Eliasson
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The actual organization and use of information systems in American, European and Japanese firms are investigated and compared with theoretical conclusions. Finally, following the experimental evolution of the information products over the past twenty years, the results presented indicate that information and communication firms are now starting to offer the kind of business information systems predicted by the analysis. The transformation of business information systems technology can be followed in the Chronicle, which is provided on diskette and which covers the development of modern IT and telecommunications industries. The data are arranged to allow researchers to reconfigure the data according to their own needs.

Corporate Governance Organization and the Firm

Author : Mario Morroni
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In this reputable book Professor Morroni has constructed an insightful framework of three decisive factors for organizational coordination: capabilities, transaction, scale-scope. Based on these, he has knitted a splendid tapestry of theoretical and empirical information. This collection must be a standard for the theory of the firm. Yuji Aruka, Chuo University, Japan Organisations, networks and firms are three of the most dynamic areas of economic research. This timely book synthesises these areas in order to analyse emergent phenomena such as spatial clustering, outsourcing, relational complexity and radical technological innovation. A combination of authoritative literature reviews, novel theoretical developments and interesting case study applications makes this book essential reading for both new and established scholars in the field. Mark Casson, University of Reading, UK In recent years, applied studies have shown widespread, profound and increasing heterogeneity across firms in terms of their strategy, organization arrangement and performance. This book investigates the diversity of business firms, offering a picture of the different organizational settings they adopt in their endeavour to cope with increasing competitive pressure. The book addresses critical theoretical issues surrounding corporate governance, organizational design and cooperative relations among firms. Moreover, it provides new evidence on the various forms of outsourcing that are playing an increasingly important role as a consequence of globalization. The contributions collected in this book stress the emergence of a trend towards a reorganization of production that can enhance the transmission, development and maintenance of knowledge in order to sustain long-run competitive advantage. Providing original and pertinent empirical evidence, this book will attract interest from scholars and postgraduate students studying the economics and organization of the firm. It will also be of value to managers who wish to understand new developments in the organizational settings of business firms with particular reference to corporate governance, organizational design, cooperative relations, outsourcing and de-localization.

The Economics of the Business Firm

Author : Harold Demsetz
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The essays in this volume discuss the theory of the business firm and its applications in economics.

The Japanese Firm

Author : Masahiko Aoki
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Written by prominent scholars in the field, this is an account of the Japanese firm and its sources of success. Containing both theoretical and empirical work, the book ranges across labour and information economics, finance, organizational theory, and others.

The Economic Management of the Firm

Author : J. F. Pickering
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Over the past twenty years many advances have been made in understanding the internal organization and management of firms. This book sets out comprehensively, logically and concisely the current body of knowledge relating to all aspects of the firm in developed economies. It provides a critical evaluation of decision techniques and processes and considers possible responses by firms to many varied situations. A knowledge of intermediate-level economics is assumed, as well as an appreciation of basic mathematical procedures.

Firms and Industrial Organization in Japan

Author : Y. Miwa
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`Miwa is one of the leading young Japanese scholars debunking the myths - all too common in the west but eagerly promoted in Japan also - about the distinctive Japanese way. He soberly examines the roles of government and banks, firms and networks, workers and managers. The result is a fine analysis of how where and why the Japanese economic system fundamentally resembles that in the west, with a clear explanation of the few areas where it significantly differs.' - Leslie Hannah, London School of Economics and Political Science `Professor Miwa has earned quite a name for himself in Japan for his brilliant but biting iconoclastic views. Now, Western readers will learn what the fuss has been about. Self-styled authorities on the Japanese economy will squirm, for Miwa takes no prisoners; his logic is relentless, merciless and - inevitably - right.' - J. Mark Ramseyer, the University of Chicago Law School `This is a monumental work, demystifying the Japanese economy and contesting the conventional view that `Japan is different'. In doing so, Professor Miwa paves the way for a new era of comparative study.' - Kazuo Koike, Hosei University, Tokyo `Professor Miwa, no longer an enfant terrible, has established himself as one of the most far-reaching researchers of the contemporary Japanese industrial organisation. His argument is always pointed, provocative, outrageous, but illuminating and productive.' - Yutaka Kosai, Japan Center for Economic Research, Tokyo We love Japan, but many of us for wrong reasons. Studies of Japan's economy are full of misconceptions, described by such keywords as dual structure, keiretsu, corporate groups, main banks, subcontract, and industrial policy. Without using these keywords, the author demonstrates that Japan has for a long time been a world of exchange by agreement rather than by coercion, and that the standard principles of economics explain the dominant patterns of the Japanese economic phenomena. Providing detailed information on firms and industrial organization in Japan, this volume is a doorway both to proper understanding of Japan's economy and the study of actual firms and the market in general.

Ownership Control and the Firm

Author : Harold Demsetz
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The Economics of Business Enterprise

Author : Martin Ricketts
File Size : 64.62 MB
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In its Fourth Edition, this textbook explores how economic activity is organised from a new institutional economics perspective. Using transactions costs as a continuing theme, the book delivers the necessary skills to understand the evolution of organisational forms and the strengths and weaknesses of different varieties of private and public governance.The importance of entrepreneurship is emphasised throughout. Public policy concerning competition, regulation and the public utilities is used to illustrate the involvement of subjective judgements about transactions costs in all types of organisational choice.Key features of the Fourth Edition: * Using impartial analysis, Martin Ricketts evaluates business enterprise through Neoclassical, Austrian and Evolutionary economics, allowing students to learn the strengths and weaknesses of each methodological perspective* Using a clear conceptual framework, the author explains principal-agent theory and the transactions costs paradigm in detail* The chapters are designed around a set of classic papers, giving students an understanding of the historical development of the discipline* Updated examples emphasise the applicability to different technological circumstances and the dynamic nature of studying economic organisation* Additional examples are included for teachers to further discussion or create extended seminar work. A key resource for advanced undergraduate courses or an excellent introductory text at graduate level, this Fourth Edition will provide students of economics, business and political economy with a greater awareness of how business enterprises operate and adapt in response to technological change and competition.

Knowledge Organizational Evolution and Market Creation

Author : Gita Sud de Surie
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[Knowledge, Organizational Evolution, and Market Creation] presents an integrative framework for understanding organizational change in emerging economies. . . the book distills a tremendous amount of research relevant for understanding the culture of business in India. . . This book is important for its contribution to the literature on the rise of Indian business and economy. It has a wide reaching theoretical scope and makes significant linkages with cognitive, behavioral and cultural theories. . . Ms. Surie s research on Indian firms thus presents a rare glimpse into the organizational and economic forces that are globalizing Indian industry from steel to software. Dinesh Sharma, Far Eastern Economic Review An astute study that especially focuses on the invaluable qualities of entrepreneurship and distributive innovation. . . . Exhaustively researched, and featuring appendices packed with additional tables and statistics of hard data, Knowledge, Organizational Evolution, and Market Creation is especially recommended for college library business and economic studies shelves. Midwest Book Review The Economics Shelf India has become a global economic powerhouse and Sud de Surie offers in this book the first systematic analysis of the global spread of Indian businesses. She skillfully maps the foreign expansion of Indian firms in five different industries, from steel, automotive components and machinery to software and biotechnology, showing that economic, political and cultural factors need to be present in order for companies to internationalize successfully. This book sets a new standard for research on international business. It is essential reading for those interested in the increasing role of emerging companies in global competition. Mauro F. Guillén, University of Pennsylvania, US Where do new multinationals come from? How do firms in developing economies become global players? Gita Sud de Surie provides new perspectives on internationalization and the multinational corporation by focusing on firms in emerging markets rather than established multinationals in industrialized economies. She shows that firms in developing countries are not passive recipients of technology; rather, the attempt to absorb new technologies builds capabilities and generates new aspirations propelling them from being adopters of technology to innovators and participants in the global knowledge economy. Knowledge, Organizational Evolution, and Market Creation documents the emergence of the Indian multinational by looking at data from firms in the old economy, such as those in manufacturing, steel-making, automotive components and heavy machinery and the new economy such as software and biotechnology. The author provides insights on knowledge transfer, innovation and capability building processes through in-depth case studies in these industries and suggests that both entrepreneurship and distributed innovation are critical for the growth of firms globally. This book will be valuable for scholars in international management, business policy and strategy, organization and management theory, economic sociology and history and technology and innovation management. Analysts, consultants and executives will find many useful insights in this book as well.

Modern Concepts of the Theory of the Firm

Author : Günter Fandel
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The authors analyse the New Economy from a scientific point of view. The success and the failure of enterprises of the new economy form a challenge to the modern business management and to the theory of the firm. This conference transcript answers the question in which way well-established concepts of the theory of the firm should be modified or new approaches should be created, in order to run enterprises of the new economy successfully. The discussion includes various fields of the theory of the firm and is therefore divided into the six essential disciplines of economic research, which are Production and Procurement, Finance, Marketing, Accounting, Human Resource Management and Economic Organization and Corporate Governance. The international orientation of the book addresses the world-wide scientific community.

Pioneers of Industrial Organization

Author : H. W. de Jong
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. . . this collection should be viewed as a pioneering effort. . . this book would most likely serve as a useful quick reference source for students of industrial economics. It can also serve as a valuable point of departure for those who wish to study intellectual developments in a major field in more detail. John Howard Brown, Journal of the History of Economic Thought This work will be indispensable for anyone who undertakes serious scholarly research in industrial organization. With its knowledgeable authors and editors, this book offers us valuable materials, about the work of writers long forgotten and others inadequately recognized, that can contribute much to understanding in the field. William J. Baumol, New York University and Princeton University, US This encyclopaedic work celebrates the scores of leading pioneers who created the modern economic field of industrial organization, at the heart of which lie competition and monopoly, the two great forces that drive modern markets. Their pioneering work has shaped the field s growing research as well as the past, present and future debates in Europe and America over several centuries. This landmark book includes authoritative entries on all the major figures in both Europe and North America. Pioneers of Industrial Organization also reveals how public policies such as antitrust and regulation and deregulation since the 1970s can promote, or impede economic results and progress. Readers will find the intellectual pioneers, the theories and policies, and the debates, in all their variety herein. Some pioneers have been free-market advocates, others have been more protective of popular values, but all have strained to make the economic engine promote more wealth, progress and fairness. This book presents the people, ideas and debates with careful neutrality, and also with clear, concise writing. For all those interested in modern economic progress and its problems, this book provides deep insight as well as great personal colour. It will be an essential source of reference for students, researchers and professors of economics, as well as those concerned with the historical foundations or the conceptual and thematic developments in industrial organization.

The Economic Institutions of Capitalism

Author : Oliver E. Williamson
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This long-awaited sequel to the modem classic Markets and Hierarchies develops and extends Williamson's innovative use of transaction cost economics as an approach to studying economic organization by applying it to work and labor as well as the corporation itself. In addition, Williamson explores its growing implications for public policy, including its potential influence on antitrust and merger guidelines, labor policy, and SEC and public utility regulations.

The Cooperative Nature of the Firm

Author : Tatsuro Ichiishi
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A study of price and the organization of firms using game theory and neoclassical economics.