1.

Record Nr.

UNINA9910783861703321

Autore

Langlois Richard N.

Titolo

Firms, markets, and economic change : a dynamic theory of business institutions / / Richard N. Langlois and Paul L. Robertson

Pubbl/distr/stampa

London ; ; New York : , : Routledge, , 1995

ISBN

1-134-80496-2

0-429-22953-4

0-203-19923-5

1-134-80497-0

1-280-32525-9

Descrizione fisica

1 online resource (198 p.)

Altri autori (Persone)

RobertsonPaul L

Disciplina

338.5

Soggetti

Industries

Marketing

Product life cycle

Business enterprises

Product management

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 164-177) and index.

Nota di contenuto

Book Cover; Title; Contents; List of figures and tables; Acknowledgments; INTRODUCTION; CAPABILITIES, STRATEGY AND THE FIRM; A DYNAMIC THEORY OF THE BOUNDARIES OF THE FIRM; VERTICAL INTEGRATION IN THE EARLY AMERICAN AUTOMOBILE INDUSTRY; EXTERNAL CAPABILITIES AND MODULAR SYSTEMS; INERTIA AND INDUSTRIAL CHANGE; INNOVATION, NETWORKS AND VERTICAL INTEGRATION; CONCLUSION; Notes; Bibliography; Index

Sommario/riassunto

Traditional 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.