Systemic Principles of Applied Economic Philosophies II : Value, Decision, and Large-Scale Business Forces

• Autore: Forrest Jeffrey Yi-Lin
• Pubblicazione: Singapore : , : Springer Singapore Pte. Limited, , 2024; ©2023
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (489 pages)
• Nota di contenuto: Intro -- Preface -- Acknowledgements -- Contents -- About the Editor -- Part I: The Overview -- Chapter 1: Potential Unification of Applied Economic and Business Studies -- 1.1 Issues This Book Attempts to Address -- 1.1.1 Understanding the Creation and Capture of Values -- 1.1.2 Decision-Making in the Modern World -- 1.1.3 Interactions of Large-Scale Economic Forces -- 1.2 A Brief Introduction to Systems Science -- 1.2.1 Numbers and Their Limitations -- 1.2.2 Reflexivity and Need for Systems Science -- 1.2.3 Systems Science and Its Methodology -- 1.3 Major Contributions of This Book -- 1.3.1 Contributions to the Literature of Value Creation and Capture -- 1.3.2 Contributions to the Literature of Decision-Making -- 1.3.3 Contributions to the Literature of Interacting Economic Forces -- 1.4 Organization of Contents in This Volume -- References -- Part II: Value Creation and Capture -- Chapter 2: The Ecosystem of a Firm -- 2.1 Introduction -- 2.2 Literature Review -- 2.3 The Dishpan Experiment -- 2.4 A Firm´s Supply-Chain Ecosystem and Its Systemic Intuition -- 2.5 Market Success and Challenges A Firm Faces -- 2.6 Challenges Facing Upstream Firms -- 2.7 Challenges Downstream Enterprises Face -- 2.8 Upstream Uncertainties of a Supply-Chain Ecosystem -- 2.9 A Few Final Words -- Appendix: Proof of Theorem 2.1 -- References -- Chapter 3: Beneficially Developed Synergistic Innovations -- 3.1 Introduction -- 3.2 Literature Review -- 3.3 Synergies Beneficially Necessary to Producers -- 3.3.1 Availability of Resources -- 3.3.2 Consistent and Inconsistent Resources -- 3.4 Potential Synergies for Consumers -- 3.4.1 Possibilities to Raise Fees -- 3.4.2 Creation of Simultaneous Consumer Utilities -- 3.5 Sides of Market Created by Collocating Products -- 3.5.1 A Market with Various Sides -- 3.5.2 Ownership and Market Success -- 3.6 A Few Final Words. ; Appendix: Proof of Theorem 3.1 -- References -- Chapter 4: Innovations and Resources -- 4.1 Introduction -- 4.2 The Literature and Preparation -- 4.2.1 Literature Review -- 4.2.2 Preparation for Understanding Value Potentials -- 4.3 Potential Values out of Innovations and Resources -- 4.3.1 Systemic Modeling of the Concept of Innovations -- 4.3.2 Property Rights, Potentials of Resources, and Transaction Efficiency -- 4.3.3 Potential Values Out of Resources -- 4.4 Market Forbearance and Network Structures -- 4.4.1 Potential Values Out of Market Forbearance -- 4.4.2 Potential Values Out of Supply-Chain and Strategic Blocks -- 4.5 Business Networks and Convenient Platforms -- 4.5.1 Inter-Organizational Networks and Strategic Blocks -- 4.5.2 Platforms that Directly Connect Sellers and Buyers -- 4.5.3 Creative Destructions -- 4.6 A Few Final Words -- References -- Chapter 5: Artificial Intelligence and Technological Innovation -- 5.1 Introduction -- 5.2 Elementary Empirical Observations -- 5.3 Theoretical Analysis and How AI Influences Technological Innovation -- 5.3.1 The Definition of Artificial Intelligence -- 5.3.2 Understanding the Meaning of Technological Innovation -- 5.3.3 AI Quickens Knowledge Creation -- 5.3.4 Spillover Effects of AI -- 5.3.5 AI Improves Learning and Absorption Capabilities -- 5.3.6 AI Increases Investments in R& -- D and Talents -- 5.4 Empirical Confirmation -- 5.4.1 The Development of Model and Source of Data -- 5.4.2 Results and Discussion -- 5.5 A Few Final Words -- References -- Chapter 6: Market-Sensing and Market-Reaching Capabilities -- 6.1 Introduction -- 6.2 Literature Review -- 6.3 Market-Sensing Capabilities -- 6.3.1 The Importance of Market-Sensing -- 6.3.2 Markets that are Short of Market-Level Growth -- 6.4 CVPs: A Market-Reaching Capability -- 6.4.1 CVPs: A Tool for Value Creation and Capture. ; 6.4.2 The Effectiveness of a CVP -- 6.4.2.1 Value- and Differentiation-Based CVPs -- 6.4.2.2 Jointly Created CVPs -- 6.4.2.3 Making Adopted CVPs Effective Internally -- 6.5 Case Studies: Customer Relations and Crafts of CVPs -- 6.6 A Few Final Words -- References -- Chapter 7: Agency Problem, Managerial Control, and Projects´ Interactions -- 7.1 Introduction -- 7.2 The Rotten Kid Theorem -- 7.3 A Systemic Foundation for Understanding Corporate Governance -- 7.3.1 Forever Existence of Agency Problem -- 7.3.2 Boards of Directors and Fights for Managerial Control -- 7.4 Ownership, Large Stakeholders, and Projects´ Price Behavior -- 7.4.1 A Firm´s Ownership and Large Stakeholders -- 7.4.2 Price Behaviors of Investment Projects -- 7.5 Dynamical Interactions of Long- and Short-Term Projects -- 7.5.1 Modeling the Interaction -- 7.5.2 Analysis of the Model -- 7.5.3 Power Struggle Between the Board and the CEO -- 7.6 A Few Final Words -- References -- Part III: Managerial Decisions in Modern Business World -- Chapter 8: Sustainable and Transient Competitive Advantages -- 8.1 Introduction -- 8.2 Literature Review -- 8.3 Coordinated Monopoly and Expected Stagnation in Profits -- 8.3.1 Basic Assumptions -- 8.3.2 Coordinated Monopoly and Profit Stagnation -- 8.3.3 Accelerated Market Movement and Less Patient Consumers -- 8.4 Competitive Advantages: Sustainable or Transient -- 8.5 An Organizational Lifeforce -- 8.6 A Few Final Words -- Appendix: Technical Details Relevant to this Chapter -- References -- Chapter 9: Successful Adaption to the Present Era -- 9.1 Introduction -- 9.2 Literature Review -- 9.3 Competitions a Company Faces both Internally and Externally -- 9.4 Necessary Steps Needed for a Company to Adapt to the New Era -- 9.4.1 Evolution of the Focal Firm -- 9.4.2 Necessary Steps for Successful Transitions -- 9.4.2.1 Long-Term and Unwavering Ambitions. ; 9.4.2.2 Stability of Relationships -- 9.4.2.3 Necessary Agility with Business Strategies -- 9.4.2.4 Innovation: The Norm of the Present Business World -- 9.5 The Analysis of a Legendary Company -- 9.5.1 The Start of Everything -- 9.5.2 The Transitional Time -- 9.5.3 Peter Grace: The Leader of the Third Generation -- 9.5.4 More Recent State of Company Affairs -- 9.6 A Few Final Words -- Appendix: Technical Details -- References -- Chapter 10: Indecisive Customers and Sales Associates with Elevated Competitiveness -- 10.1 Introduction -- 10.2 Literature Review -- 10.3 An Effective Way to Deal with Indecisive Customers -- 10.3.1 When Merely One Firm is Strategic -- 10.3.1.1 Existence of Equilibria of Either Pure or Mixed Strategies -- 10.3.1.2 A Pricing Strategy That Potentially Doubles the Expected Profit -- 10.3.2 When Every Firm is Strategic -- 10.3.2.1 The Strategy of Flexible Pricing -- 10.3.2.2 Market Competition and Bases of Loyal Customers -- 10.3.3 A Pricing Strategy That Can Produce Higher Expected Profits -- 10.3.3.1 A Case Analysis -- 10.3.3.2 Comparison Between a Firm and Its Shadow -- 10.4 Lifting the Competitive Spirit of Sales Associates -- 10.4.1 The Compensation of Sales Associates -- 10.4.2 Level of Sales at Cournot Equilibrium -- 10.4.3 Payoffs of Sales Associates at Cournot Equilibrium -- 10.4.4 Costs, Expected Incomes, and Incentives of Sales Associates -- 10.5 A Few Final Words -- References -- Chapter 11: Appropriate Strategies and Necessary Organizational Supports -- 11.1 Introduction -- 11.2 Literature Review -- 11.3 Adoption of Appropriate Strategies -- 11.3.1 The Concept of Innovation -- 11.3.2 The Mission, Where Everything Else Starts -- 11.4 Evaluation of Identified Strategic Factors -- 11.4.1 Clearly Defined Strategic Orientation -- 11.4.2 The Aim of Growth -- 11.4.3 Operational Procedures. ; 11.5 The Organizational Culture of a Firm -- 11.5.1 How the Organizational Culture Is Formed -- 11.5.2 Mission and Ambition That Underlie the Organizational Culture -- 11.6 General Characteristics and Structure of a Firm -- 11.6.1 The Size of a Firm -- 11.6.2 The Structure of a Firm -- 11.7 The Leadership of a Firm -- 11.7.1 Leadership: The Concept -- 11.7.2 Leadership Commitment and Innovativeness -- 11.8 Managerial Recommendations -- 11.9 A Few Final Words -- Appendix: Firm Size and Market Demand -- References -- Chapter 12: The Decision of Either Going International or Staying Domestic -- 12.1 Introduction -- 12.2 Literature Review -- 12.3 Stability in Domestic Market -- 12.4 Foreign Markets That Are Either Less Developed or More Advanced -- 12.4.1 Entry into a Less Developed Market -- 12.4.2 Entry into a More Advanced Market -- 12.5 International Trades: A Systemic Theory -- 12.5.1 Relationship Between Productivity and Trades in Foreign Market -- 12.5.2 Relationship Between Employee Wages and Trades in Foreign Market -- 12.5.3 Relationship Between a Firm´s Survival and Trades in Foreign Market -- 12.6 A Few Final Words -- Appendix: Proofs of Results -- References -- Part IV: Management of Large-Scale Business Forces -- Chapter 13: A Few Important Issues Regarding Child Labor -- 13.1 Introduction -- 13.2 Preparations -- 13.2.1 Literature Review -- 13.2.2 Interactions Between a Benevolent Parent and a Selfish Kid -- 13.3 Child Labor and Work´s Disutility -- 13.3.1 Modeling the Scenario of One-Sided Altruism -- 13.3.2 Efficiency of Child Labor, Formal Education, and Maturity -- 13.3.3 Modeling an Adult Child´s Altruism Toward Parents -- 13.3.4 Inefficiency of Child Labor, Formal Schooling, and Maturity -- 13.4 Different Definition of Efficiency Leads to Different Conclusion -- 13.5 When Child Labor Is Marginally Banned. ; 13.5.1 Partial Equilibrium Effect of Marginal Bans on Child Labor.
• Titolo autorizzato: Systemic Principles of Applied Economic Philosophies II
• ISBN: 981-9979-39-0
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910831004003321
• Lo trovi qui: Univ. Federico II
• Serie: Translational Systems Sciences Series