Economics of industrial organization Books

Book SynopsisWith twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity markets ever published.It covers all dimensions of electricity markets: wholesale and retail; renewable electricity sources; the electrification of mobility, heating and cooling; and recent innovations such as distributed generation, electrical energy storage, demand response and digital platforms that are disrupting the industry.The benefits, as well as the limits, of open markets and competition are assessed at the level of underlying principles and with reference to specific cases, including the UK, PJM Interconnection, Texas, Australia, Scandinavia, continental Europe and China.The details of electricity market designs are analysed and discussed. The book also considers new emerging business models, as well as the impact of electricity sector policy priorities such as universal access and deep decarbonization.This Handbook is intended to be used and useful. Students and young professionals will find the information they need to enter the field. Researchers, experienced professionals and public decision-makers will get a comprehensive update on the topical issues in electricity markets that will guide them through the important developments the sector is witnessing.Trade Review'The electricity sector - the backbone of the modern economy - is under tremendous pressure right now. Because of climate change, it is being asked to both grow at a much faster pace than it has historically and, at the same time, fundamentally transform its operations. There is no better time for a comprehensive volume with an all-star list of contributors - hats off to Glachant, Joskow and Pollitt.' -- Catherine Wolfram, University of California, Berkeley, USTable of ContentsContents: 1 Introduction to the Handbook on Electricity Markets 1 Jean-Michel Glachant, Paul L. Joskow and Michael G. Pollitt PART I TAKING STOCK: THE LEGACY 2 Strengths and weaknesses of traditional arrangements for electricity supply 13 Richard Schmalensee 3 Optimal wholesale pricing and investment in generation: the basics 36 Paul L. Joskow and Thomas-Olivier L.autier 4 Wholesale electricity market design 73 Frank A. Wolak 5 The evolution of competitive retail electricity markets 111 Stephen Littlechild 6 Strengths and weaknesses of the British market model 156 David Newbery 7 Strengths and weaknesses of the PJM market model 182 William W. Hogan 8 ERCOT: success (so far) and lessons learned 205 Ross Baldick, Shmuel S. Oren, Eric S. Schubert and Kenneth Anderson 9 Lessons from Australia’s National Electricity Market 1998–2018: strengths and weaknesses of the reform experience 242 Paul Simshauser 10 Strengths and weaknesses of the Nordic market model 287 Chlo. Le Coq and Sebastian Schwenen 11 The evolution of the European model for electricity markets 308 Fabien Roques PART II ADAPTING TO NEW TECHNOLOGIES AND NEW POLICY PRIORITIES 12 New technologies on the supply side 332 Nils May and Karsten Neuhoff 13 New technologies on the demand side 353 Fereidoon Sioshansi 14 Tools and policies to promote decarbonization of the electricity sector 383 Kathryne Cleary, Carolyn Fischer and Karen Palmer 15 Shifting supply as well as demand: the new economics of electricity with high renewables 408 Richard Green 16 The future design of the electricity market 428 Michael G. Pollitt 17 New business models in the electricity sector 443 Jean-Michel Glachant 18 Electrifying transport: issues and opportunities 463 Bentley C. Clinton, Christopher R. Knittel and Konstantinos Metaxoglou 19 Electrification of residential and commercial heating 506 Mathilde Fajardy and David M. Reiner 20 Harnessing the power of integration to achieve universal electricity access: the case for the Integrated Distribution Framework 540 Ignacio J. P.rez-Arriaga, Divyam Nagpal, Gr.goire Jacquot and Robert Stoner 21 Reforming China’s electricity industry: national aspiration, bureaucratic empires, local interests 568 Xu Yi-chong 22 The evolution of electricity sectors in Africa: ongoing obstacles and emerging opportunities to reach universal targets 595 Vivien Foster, Anton Eberhard and Gabrielle Dyson Index 629

Read more less

Book SynopsisIncreased emphasis on the links between regional diversity and regional knowledge, innovation and entrepreneurship highlights the need for a focus on the spatial aspects of these multifaceted, dynamic relationships in order to improve our understanding. By means of a conceptual approach, this timely book illustrates the links between innovation and economic development through the role of space. This thought-provoking book addresses the questions regarding diversity, innovation and clusters that require further investigation and analysis. Chapters written by expert contributors bring together cutting-edge theoretical and empirical studies to consider issues such as how spatial diversity affects collaboration, knowledge and innovation; how innovation arises in various locations; how innovative approaches can be identified for local regeneration; and how the growing visibility and importance of start-up companies in the global economy can be analysed. Diversity, Innovation and Clusters will be a key resource for students and academics researching in the fields of economic geography, regional economics, innovation and entrepreneurship. This book provides insights that will be crucial for providing policy makers, planners and consultants with a more comprehensive decision-making platform by utilising spatial perspectives as a driving force for economic growth and development. Contributors include: T. Arvemo, D. Bartlett, K. Berg, I. Bernhard, U. Gråsjö, T. Grønning, M. Imase, I. Jonsson, C. Karlsson, N. Kishida, U. Lundh Snis, M. McKelvey, T. Maeno, L. Mósesdóttir, T. Mroczkowski, G.F. Mulligan, M. Okuyama, A.K. Olsson, K. Sakakura, T. YasuiTable of ContentsContents: 1 Introduction: diversity, innovation and clusters – spatial perspectives 1 Iréne Bernhard, Urban Gräsjö and Charlie Karlsson 2 A high-tech trajectory in a commodity-dependent economy: modern biotechnology in Norway 11 Terje Grønning 3 Tentative indices for regional economic development: an exploratory study using Swedish municipal data 44 Tobias Arvemo and Urban Gräsjö 4 Inclusive place innovation as a means for local community regeneration 57 Iréne Bernhard, Anna Karin Olsson and Ulrika Lundh Snis 5 Patent generation in US metropolitan areas 81 Gordon F. Mulligan 6 Theorizing transformative innovations: the role of agency in real critical junctures 102 Lilja Mósesdóttir and Ivar Jonsson 7 Exploring industrial PhD students and perceptions of their impact on firm innovation 125 Karin Berg and Maureen McKelvey 8 Globalizing startups: business development organizations in the Bay Area 157 David Bartlett and Tomasz Mroczkowski 9 As an element of the regional innovation cluster, the citizen/ non-profit sector fulfills the “seedbed function” of the new industry 186 Masashi Imase 10 The factors in the establishment of the Shizuoka sake brewing cluster: regional human resources enabling open innovation 207 Nobuyuki Kishida 11 The empirical study on the emergence and diffusion process of design-driven innovation initiated by knowledge creation: from the field study in the industrial cluster of the Sumida Ward, Tokyo 230 Mutsumi Okuyama, Toshiyuki Yasui, Takashi Maneo and Kyosuke Sakakura Index 259

Read more less

Book SynopsisElgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world’s leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas.New institutional economics (NIE) is a powerful tool for understanding real world phenomena. This Advanced Introduction explores NIE’s answers to fundamental questions about the organization, growth and development of economies, such as why are some countries rich and others poor? Why are activities organized as firms or markets or through alternative organizational solutions? When are shared resources overexploited? Key Features: Elucidates the essence of NIE’s main branches, focusing on thegovernance of transactions and organizations (identified with OliverWilliamson), the fundamental institutional environment (DouglassNorth), and the role of communal institutions and collective action (ElinorOstrom) Explores how NIE has transformed perspectives on collective action, stateand legal institutions, public policy and regulation, and economic growth Extensive references to allow interested readers to dive deeper into specific topics Authored by scholars associated early on with leading figures in NIE and the development of NIE’s research agenda. This Advanced Introduction is an ideal read for advanced students of economics, political science, management, law and sociology interested in learning about new institutional economics. Policy makers, especially those responsible for business and utility regulation and development policy and assistance, will also benefit from this concise yet detailed book.Trade Review‘This Advanced Introduction provides a terrific exposition of New Institutional Economics. The foundations of transaction costs, property rights, and contracting produce applications concerning institutions large and small, covering a substantial share of economic activity. Much of the world's economic progress and institutional change will rely on these ideas.’ -- – Robert Gibbons, Massachusetts Institute of Technology, US‘Many trees planted by the New Institutional Economics are thriving in the mainstream of the social sciences, but it is easy to lose track of the NIE forest. This indispensable and authoritative book comes to the rescue, synthesizing a vast literature, covering many domains of human interaction and showing that a society's success rests on the institutional choices made by its members.’ -- – Philip Keefer, Inter-American Development Bank, US‘Now, for the first time, we have a comprehensive guide to the new institutional economics and allied fields. This Advanced Introduction covers topics such as transactions cost, property rights, contracts, organizations, and state and legal institutions; plus two “transversal topics”, institutions and public policy and institutional change and development. A must read for both students and professionals.’ -- – Barry Weingast, Stanford University, US‘NIE is one of the economic fields whose influences go far beyond the borders of economics. But it is also an often misunderstood field. This introductory book, written by two veteran experts of NIE, is a timely work to acquaint the reader with the main concepts and approaches of NIE. It should be read by anyone who is about to study institutional issues within and outside economics.’ -- – Yang Yao, Peking University, ChinaTable of ContentsContents: Preface 1. Building a new paradigm 2. Transaction costs 3. Property rights 4. Contracts PART II INSTITUTIONAL LAYERS 5. The organization of transactions 6. State and legal institutions PART III TRANSVERSAL TOPICS 7. Institutions and public policy 8. Institutional change and development 9. Entering new terrains: the future of NIE Bibliography Index

Read more less

Book SynopsisElgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world’s leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas.New institutional economics (NIE) is a powerful tool for understanding real world phenomena. This Advanced Introduction explores NIE’s answers to fundamental questions about the organization, growth and development of economies, such as why are some countries rich and others poor? Why are activities organized as firms or markets or through alternative organizational solutions? When are shared resources overexploited? Key Features: Elucidates the essence of NIE’s main branches, focusing on thegovernance of transactions and organizations (identified with OliverWilliamson), the fundamental institutional environment (DouglassNorth), and the role of communal institutions and collective action (ElinorOstrom) Explores how NIE has transformed perspectives on collective action, stateand legal institutions, public policy and regulation, and economic growth Extensive references to allow interested readers to dive deeper into specific topics Authored by scholars associated early on with leading figures in NIE and the development of NIE’s research agenda. This Advanced Introduction is an ideal read for advanced students of economics, political science, management, law and sociology interested in learning about new institutional economics. Policy makers, especially those responsible for business and utility regulation and development policy and assistance, will also benefit from this concise yet detailed book.Trade Review‘This Advanced Introduction provides a terrific exposition of New Institutional Economics. The foundations of transaction costs, property rights, and contracting produce applications concerning institutions large and small, covering a substantial share of economic activity. Much of the world's economic progress and institutional change will rely on these ideas.’ -- – Robert Gibbons, Massachusetts Institute of Technology, US‘Many trees planted by the New Institutional Economics are thriving in the mainstream of the social sciences, but it is easy to lose track of the NIE forest. This indispensable and authoritative book comes to the rescue, synthesizing a vast literature, covering many domains of human interaction and showing that a society's success rests on the institutional choices made by its members.’ -- – Philip Keefer, Inter-American Development Bank, US‘Now, for the first time, we have a comprehensive guide to the new institutional economics and allied fields. This Advanced Introduction covers topics such as transactions cost, property rights, contracts, organizations, and state and legal institutions; plus two “transversal topics”, institutions and public policy and institutional change and development. A must read for both students and professionals.’ -- – Barry Weingast, Stanford University, US‘NIE is one of the economic fields whose influences go far beyond the borders of economics. But it is also an often misunderstood field. This introductory book, written by two veteran experts of NIE, is a timely work to acquaint the reader with the main concepts and approaches of NIE. It should be read by anyone who is about to study institutional issues within and outside economics.’ -- – Yang Yao, Peking University, ChinaTable of ContentsContents: Preface 1. Building a new paradigm 2. Transaction costs 3. Property rights 4. Contracts PART II INSTITUTIONAL LAYERS 5. The organization of transactions 6. State and legal institutions PART III TRANSVERSAL TOPICS 7. Institutions and public policy 8. Institutional change and development 9. Entering new terrains: the future of NIE Bibliography Index

Read more less

Book SynopsisThe fourth industrial revolution is having a major impact on industry and societies primarily because of what has been called its raw material: data. New technologies are allowing hyper-connection on a global scale, not only between people, but also between people and machines and, in the case of the Internet of Things, even amongst machines themselves. This book offers a critical reflection on the meaning and expected consequences of the fourth industrial revolution, with a particular focus on the advent of digital globalisation and its implications for industrial policy. Industrial revolutions are considered not only in terms of technological progress, but also in the context of the changing relationship between market and production dynamics, and the social and political conditions enabling the development of new technologies. Industrial Policy for the Manufacturing Revolution aims to increase our capacity to anticipate and adapt to the forthcoming structural changes. It outlines the type of industrial policy and strategies that are needed in this era of rapid transformation. The authors propose a 'comprehensive industrial policy' that considers the complexity of structural changes involving industry as well as institutions and social and education policies, in order to encourage the participation of all citizens in the development process. The book also features a concrete example of comprehensive industrial policy implementation at the regional level.This stimulating and thoughtful book makes the case that industrial policies are more vital than ever, particularly now as the economy undergoes a technological revolution. It will be required reading for all those interested in industrial economics and policy, business and technology.Table of ContentsContents: 1. Introduction: Globalisation and the Manufacturing Revolution 2. The first Manufacturing Revolutions: not just Technological Change 3. The Fourth Industrial Revolution 4. New modes of interacting on markets: online platforms 5. A concrete experiment of industrial policy for the Manufacturing Revolution 6. Conclusions: Industrial Policy for the Manufacturing Revolution Index

Read more less

Book SynopsisBridging theory and practice, this book offers insights into how Europe has experienced the evolution of modern electricity markets from the end of the 1990s to the present day. It explores defining moments in the process, including the four waves of European legislative packages, landmark court cases, and the impact of climate strikes and marches.Leonardo Meeus explains the sequence of electricity markets in Europe from wholesale to balancing markets, forward transmission markets, capacity mechanisms, redispatching and flexibility markets. Chapters explore current issues including the new paradigm that places the citizen at the centre of the energy transition. Concluding that most of the market integration process in Europe so far has required horizontal coordination between transmission system operators in different countries, the book looks ahead to the importance of vertical coordination between the transmission and distribution.An invaluable book for energy policymakers and practitioners working in Europe, the solutions offered for contemporary issues will also be helpful for those working in international or multi-region electricity markets more widely. Academics involved in the world of electricity regulation will also find this an invigorating read.Trade Review'The challenge of facing an intricated problem starts by putting together the key questions. This book is not just wisely built upon this solid structure, it is full of sound and enlightening discussions from one of the current leading experts on European electric power markets. A reference.' -- Carlos Batlle, Massachusetts Institute of Technology Energy Initiative, US'This book is a one-stop-shop for European electricity market organization, striking the right balance between the technical and economic considerations. Great insight into the reasons behind market design choices made in Europe. Understandable language, facilitated by numerical examples and translations from regulatory language to actual real English. Highly recommended read!' -- Konrad Purchala, European Network of Transmission System Operators for Electricity, Belgium'Leonardo Meeus put together an astute and up-to-date overview of the European electricity markets - how they function, the trials and errors that got them there, and the regulations that govern them. Both academics and practitioners, whether from Europe or elsewhere, would be well advised to consult this book before braving any expert discussion about electricity markets.' -- Frauke Thies, Smart Energy Europe, Belgium'A comprehensive, accurate and accessible overview of the evolution of electricity markets in Europe: a must-read for those who want to understand the importance of the European market integration process, the impact of network codes, the settled issues as well as the open ones that we still face today.' -- Christophe Gence-Creux, Agency for the Cooperation of Energy Regulators, SloveniaTable of ContentsContents: Introduction Part I – How to trade and transport electricity across national borders? 1. Why did we start with electricity markets in Europe? 2. Who gets the rights to trade across borders? 3. How to calculate border trade constraints? 4. Who pays for the network when trade is international? Part II – How to combine electricity trade with system security to keep the lights on? 5. Who is responsible for balancing the system? 6. How to organize system operation and connection requirements? 7. How to ensure adequate investment in power plants? Part III - How to put the citizen at the centre of the energy transition? 8. How to put the citizen at the centre of the energy transition? 9. Conclusion Index

Read more less

Book SynopsisA unique and comprehensive source of information, this book is the only international publication providing economists, planners, policymakers and business people with worldwide statistics on current performance and trends in the manufacturing sector. The Yearbook is designed to facilitate international comparisons relating to manufacturing activity and industrial development and performance. It provides data which can be used to analyse patterns of growth and related long term trends, structural change and industrial performance in individual industries. Statistics on employment patterns, wages, consumption and gross output and other key indicators are also presented.Trade ReviewAcclaim for previous editions: 'The International Yearbook of Industrial Statistics 2011 provides comprehensive statistical data on world manufacturing. . . The Yearbook represents a massive effort in data collection, data harmonization, and tabular presentation - well beyond the constraints of time and resources available to the average researcher or investigator. Therefore, the Yearbook presents a vast amount of information in a convenient form.' --William C. Struning, American Reference Books Annual 2012'The UNIDO International Yearbook of Industrial Statistics is now a classic reference. . . The different editions of the Yearbook provide a unique statistical tool for analyzing the world industry.' --Revue d'Economie Industrielle / Industrial Economics Review'This annual publication seems to be the only international publication providing worldwide statistics on current performance and trends in the manufacturing sector. In terms of comprehensiveness, accuracy, and cross-country comparisons this volume is unparalleled . . . If you are looking for an authoritative source for comparative international statistics on industrial information, this is it.' --Andrea Meyer, Business Information Alert Table of ContentsContents: Introduction Part I: Summary Tables Section 1.1 The Manufacturing Sector Section 1.2 The Manufacturing Divisions Part II: Country Tables

Read more less

Book SynopsisThe intangible capitalist economy, that is intellectual capitalism, continues evolving, driven by technological innovations and various forms of entrepreneurship. The creation of intellectual capital and intellectual properties lies at its heart. This eagerly anticipated book analyzes the many complex links between R&D, patents, innovations, entrepreneurship, growth and value creation in this process. Based on an extensive array of national empirical and policy studies, Ove Granstrand explores a comprehensive range of innovation and intellectual property (IP) issues that pertain not only to Europe but to the entire world. These issues include the role of patents and licensing in the governance of technology and innovation, and the many uses and abuses of patents. The text also details new IP phenomena in an increasingly patent-intensive world with patent-rich multinationals and patent-savvy new entrants from Asia. In a world facing challenges that call for innovative responses, this book contains a set of valuable policy recommendations for strengthening innovativeness for economic growth and ultimately for social value creation. This timely book will be a valuable resource for economics, law and management scholars wishing to gain a thorough understanding of the topic. Practitioners and policy-makers will also greatly benefit from reading this volume, following up on the author's widely acclaimed book published in 1999 The Economics and Management of Intellectual Property: Towards Intellectual Capitalism.Trade Review'Ove Granstrand's excellent monograph titled Evolving Properties of Intellectual Capitalism: Patents and Innovation for Growth and Welfare explores how the innovation system works in advanced economics. At its core is the concept of the ''innovation spiral'' that depicts the interdependence amongst R&D/knowledge, patents/IP, innovation and economic growth and welfare. Its focus on the neglected topic of intangible assets and intellectual capital is timely. The author's focus is primarily European but the relevance of his work is global. The book is a must read for policymakers, a handy reference for managers, and a useful guide for students wishing to understand the many element of innovation policy.' --David Teece, Berkeley Research Group, US'Ove Granstrand's new book is both a broad and deep treatment of his subject. A general reader may value this original and important work for its international comparisons and its treatment of policy as well as more familiar economic issues. A reader with interest in the details of intellectual property may value the work for the penetrating questions asked in the author's research and the wealth of detail and evidence presented. The book is important in its advocacy of seeing patents as a dynamic factor influencing innovation rather than as simply having a static and protective role. Granstrand's treatment will be valuable to executive and political audiences as well as lawyers and economists.' --James M. Utterback, Massachusetts Institute of Technology, US'This is Ove Granstrand's best and most profound work to date. He casts intellectual capitalism as a global system, interfacing a variety of national policy regimes. He shows why the pro-patent era is also pro-licensing, as increasing spatial and organizational interdependencies necessitate shifts in governance structures.' --John Cantwell, Rutgers University, USTable of ContentsContents: Preface 1. Innovation, IP and Intellectual Capitalism 2. Analytical framework 3. Patents and innovations for growth and welfare – a literature review 4. Methodology 5. Patents, innovations and growth – empirical analysis 6. What explains fluctuations in patenting frequency and propensity? 7. Discussion and general innovation and IP policy recommendations 8. Special recommendations for increasing patent knowledge and patenting 9. Patent and Innovation System Developments in Europe, Asia and the US 10. Transnational policy recommendations and policy issues 11. Global innovation and intellectual capitalism 12. Summary and Conclusions References Index

Read more less

Book SynopsisThis incisive book provides key interdisciplinary perspectives on the current challenges faced by EU policymakers in framing and implementing a coherent European industrial policy, employing specific case studies from the digital, automotive, steel and defence industries as well as concrete examples of EU policies. Comprehensive and analytical, the book investigates the long-term structural causes of the absence of a strong industrial policy at Union level. Examining the tensions that exist between member states and EU institutions regarding industrial and competition policies, expert contributions assess the conditions for an integrated EU industrial policy to emerge. A comparative analysis between the industrial policies of the EU, US and China is developed as chapters explore how the EU maintains its position in global value chains while other major partners are forced to pursue strategic trade and industrial policies to retain their dominant position. The book concludes with a presentation of prospective scenarios to assess the future technological evolution of the EU. EU Industrial Policy in the Multipolar Economy will be an essential resource for academics and practitioners concerned with EU current affairs, global governance, industrial economics and international trade. Its use of case studies and original data will allow governments, EU institutions, NGOs and EU public affairs consultants and analysts to assess their policymaking options in the fields of research, industrial policy and sustainable development.Trade Review‘In today’s global economy, high-tech rivalries, the transition to a green economy, and security concerns have encouraged more and more countries to expand government intervention in industry. Although many observers focus on the United States and China, the EU is economically comparable in size to both countries. In an increasingly multipolar world, the policies Europeans adopt may be decisive for the future of the global economy. Most analysts are pessimistic, given that the member states of the EU have failed to create the effective, centralized institutions they would need to manage such a policy at a continental scale. But these authors point to a silver lining. Centralized subsidy policies no longer really work, except where governments buy the output—as happens in the areas of transport, energy, and military arms production. Instead, key European interventions take the shape of the imposition of antitrust policy, regulatory standards, coordinated trade policy, and supply chain management—and here the EU wields much geo-economic power. It remains to be seen whether Europe’s regulatory clout can help it become an independent global competitor, a junior partner in a transatlantic alliance, or the object of manipulation by China and the United States. This book’s survey is a good starting point to understanding Europe’s current efforts to secure a place in the future global economy.’ -- Andrew Moravcsik, Foreign Affairs‘A timely book on a fundamental theme for the future of European sovereignty, which brings together experts from the academic world and practitioners of industrial policy. The various case studies on key industries, the historical and legal perspectives and the comparative analysis with the experiences of the US and China provide a deep insight into the workings and challenges of EU industrial policy in this twenty-first century. A must-read for all those who feel concerned about Europe’s strategic autonomy.’ -- Romano Prodi, Professor Emeritus of Industrial Policy at the University of Bologna, Former Prime Minister of Italy and Former President of the European Commission‘This book provides an in-depth analysis of the complex debate on the nature and scope of EU powers in the area of industrial policy, which finds its origins in different approaches followed by the Treaties of Paris and Rome and which is still not settled today. As a former Vice President of the European Commission directly involved in the making of European industrial policy, I congratulate the editors and authors for their pertinent and insightful analyses.’ -- Etienne Davignon, Former Vice President of the European Commission and President of the Brussels-based think tank Friends of EuropeTable of ContentsContents: 1 Introduction to EU Industrial Policy in the Multipolar Economy: past lessons, current challenges and future scenarios 1 Jean-Christophe Defraigne, Edoardo Traversa, Jan Wouters and Dimitri Zurstrassen 2 Industrial policy and EU state aid rules 45 Edoardo Traversa and Pierre M. Sabbadini 3 Industrial policy, competition policy and strategic autonomy 80 Pim Jansen and Wouter Devroe 4 The international legal framework for industrial policy: World Trade Organization disciplines and rules 122 Jan Wouters and Julia Marssola 5 EU industrial policy: lessons from the experience of the 1960s to the 1990s 159 Eric Bussière 6 European industrial policy from 2000 to 2020 173 Franco Mosconi 7 US industrial policy: the not-so-visible hand of the state and securing the dominance of US prime movers 210 Jean-Christophe Defraigne 8 China’s industrial policy: the visible hand of the party-state to catch up by any means necessary 242 Jean-Christophe Defraigne 9 EU industrial policy in the steel industry: historical background and current challenges 270 Dimitri Zurstrassen 10 The European automotive industry: a strategic sector in search of a new industrial policy 304 Samuel Klebaner and Sigfrido Ramírez Pérez 11 Falling behind and in between the United States and China: can the European Union drive its digital transformation away from industrial path dependency? 332 Patricia Nouveau 12 EU defence industrial policy: from market-making to market-correcting 382 Samuel B. H. Faure 13 Conclusion: a European industrial policy for the twenty-first century 407 Riccardo Perissich Index

Read more less

Book SynopsisWorld Statistics on Mining and Utilities 2020 provides a unique biennial overview of the role of mining and utility activities in the world economy. This extensive resource from UNIDO provides detailed time series data on the level, structure and growth of international mining and utility activities by country and sector. Country level data is clearly presented on the number of establishments, employment and output of activities such as coal, iron ore and crude petroleum mining as well as the production and supply of electricity, natural gas and water.This unique and comprehensive source of information meets the growing demand of data users who require detailed and reliable statistical information on the primary industry and energy producing sectors. The publication provides internationally comparable data for economic researchers, development strategists and business communities who influence the policy of industrial development and its environmental sustainability.Table of ContentsAbout this Publication Introduction Part I: Summary Tables Part II: Country Tables

Read more less

Book SynopsisProviding an overview of industrial development using a variety of different approaches and perspectives, the Handbook of Industrial Development brings together expert contributors and highlights the current multiple and interdependent challenges that can only be addressed using an interdisciplinary approach. Chapters discuss the existing issues faced by industry following both the digital and environmental transitions, highlighting their regional roots and the interplay with the wider institutional framework. Investigating the necessity for companies to design new products and production processes and also re-think their corporate responsibilities, this Handbook illustrates the need for a much broader vision taking into account historical, social, political and cultural viewpoints at all governmental levels. Furthermore, it takes an analytical look at further research, including insightful directions for future industrial development policies. Answering complex policy questions for today, this crucial Handbook will be invaluable for policymakers looking for insights into sustainable industrial development as well as practitioners who are seeking an up-to-date comprehensive overview of the topic. Economic development and innovation scholars and researchers will also find the future research ideas interesting and informative.Trade Review‘Industry is key not only to economic growth and jobs. Its ongoing transformation and a stronger and clearer directionality in policy action can critically contribute to establish sustainable development paths as well as to fight territorial imbalances. But how? This Handbook takes the challenge of unwinding this complex issue and analyses past experiences, potentials, limitations and perspectives for the future, adopting an intriguing multidisciplinary approach aimed at understanding both global and local stakes. An important contribution to the current efforts of both scientists and policymakers.’ -- Alessandro Rainoldi, Joint Research Centre, European Commission, Spain‘The global economy is undergoing dramatic change due to newly transparent geopolitical shifts and technological disruption. Technological disruption is due to a variety of technological paradigm shifts ranging from the Internet of Things to quantum computing to artificial intelligence. Climate change and related agricultural and health issues complicate management and policy issues still further. In order to ensure industrial development follows a better path, it is important to critically re-think the role of firms, technologies, industrial sectors and structures, the changing nature of work and labour markets, governance and public policy, and, in turn, their socio-economic impacts within regions, nation states and the global economy. This timely Handbook brings together leading scholars from several fields to explore these issues. Its collection of thought-provoking chapters will allow readers to challenge the conventional wisdom and to consider alternative possibilities for sustainable and more inclusive industrial development.’ -- – David J Teece, University of California, Berkeley, US‘Our world is facing profound challenges that require a re-examination of cherished ideas. Early 2020 brought a pandemic, a global recession and an unprecedented reconfiguration of supply chains. The world now stares down a regional war of untold danger and hardship. Looking to the future, we will need hope and insight into a newly designed wealth-generating capacity taking into account social, environmental, political and industrial governance practices of a magnitude not seen since the first Industrial Revolution. This new Handbook of Industrial Development takes on such a task and it could not be more timely. Combining theory, sectoral analysis and multiple geographies while recognizing new societal imperatives, the book looks beyond Industry 4.0, interrogating up-to-the-minute developments in today's industries while offering suggestions for future-oriented policy to tackle near- and long-term problems of equity and inclusion.’ -- Amy Glasmeier, Massachusetts Institute of Technology, US‘This Handbook of Industrial Development will be central to academic research, teaching and industry engagement for decades to come. In an era when governments seek new ways to promote employment and rebuild economic capacity this Handbook provides solutions to the conceptual and practical challenges many nations face in their efforts to establish and develop new industries. World-leading researchers provide fresh insights into the relationship between industrial development and the Sustainable Development Goals (SDGs), the places of innovation, path development, sectoral policy and the challenges before governments. This Handbook is both timely and pivotal to advancing thinking and policy on the industry of the future.’ -- Andrew Beer, University of South Australia, AustraliaTable of ContentsContents: Foreword by Annalisa Primi: why talking about production means talking about development xvi Foreword by Richard Kozul-Wright xviii PART I INTRODUCTION 1 Shaping sustainable industrial development paths 2 Patrizio Bianchi, Sandrine Labory and Philip R. Tomlinson PART II HISTORICAL AND SOCIOECONOMIC PERSPECTIVE ON INDUSTRIAL DEVELOPMENT 2 Industrial revolutions in a globalizing world, 1760–present 18 Bas van Leeuwen, Ulbe Bosma and Meimei Wang 3 Latin America: learning and fictional expectations in industrial development 37 Clemente Ruiz Durán and Moisés Balestro 4 Murmurs of an industrial revolution in Africa: is it time for Africa? 54 Horman Chitonge 5 Industrialization, economic and political power 76 Graham Brownlow 6 The transformation of work: changing employment governance regime 91 Valeria Pulignano 7 Sustainable human development, capabilities and the new trajectories of industrial policy 107 Mario Biggeri, Andrea Ferrannini, Santosh Mehrotra, Marco R. Di Tommaso and Patrizio Bianchi PART III INDUSTRIAL DEVELOPMENT IN REGIONS 8 Place and industrial development: paths to understanding? 134 Peter Sunley and Ron Martin 9 Innovation, industrial dynamics and regional inequalities 152 Ron Boschma, Martina Pardy and Sergio Petralia 10 Evolutions in industrial districts and local productive systems 166 Marco Bellandi, Maria Chiara Cecchetti and Erica Santini 11 External collaboration for innovation: firms, industry, regions and policy 183 Mariachiara Barzotto, Carlo Corradini, Felicia Fai, Sandrine Labory and Philip R. Tomlinson 12 Governing industrial policy: the scope and limits of the ‘good governance’ agenda 201 Pedro Marques and Kevin Morgan PART IV SECTORS 13 Spatial implications of the platform economy: cases and questions 216 Martin Kenney, John Zysman, Dafna Bearson and Camille Carlton 14 Consumer goods: from mass consumption to servitization 233 Juan Carlos Monroy-Osorio, Marco Opazo-Basáez and Ferran Vendrell-Herrero 15 The car industry as a laboratory of transformations induced by industrial development 249 David Bailey, Dan Coffey, Lisa De Propris and Carole Thornley 16 The propulsive role of the space industry in industrial development: evaluating the case of spaceports 269 Leslie Budd and Davide Villani 17 The energy sector: an industrial perspective on energy transitions 288 Tuukka Mäkitie and Markus Steen 18 Industry, innovations and transition to the green and circular economy 303 Massimiliano Mazzanti and Emy Zecca PART V THE ROLE OF THE STATE IN INDUSTRIAL DEVELOPMENT 19 Industrial policy beyond market failure: structural dynamics, innovation and economic governance for industrial development 323 David Bailey, Sandrine Labory and Philip R. Tomlinson 20 Stages of industrial development and appropriate industrial policy 339 Murat Yülek and K. Ali Akkemik 21 Platform oligopolies, anti-trust policy and sustainable development 358 Christos Pitelis and Eleni E.N. Piteli 22 States of innovation: how the state shapes production transformation 383 Antonio Andreoni and Rainer Kattel 23 Industrial development and the growth process: a structural framework 404 Ivano Cardinale and Roberto Scazzieri Index

Read more less

Book SynopsisElgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary. Presenting cutting-edge thoughts on media economics, its history and development, and looking forward to its future, this timely book investigates the changing face of the field. With contributions from some of the most prominent media economics scholars in the world, this provocative and visionary Research Agenda covers theory development, consumer and audience demand, information and cultural goods, and technological dimensions. Chapters explore globalization, industry organization, social and ethical aspects of media firms, new media viability and the historical eras of media economics. Presenting a range of streams of inquiry and topics needing more study and development, this Research Agenda looks at new and innovative ways to stimulate thought around key research questions and designs. PhD students and scholars of media studies and media economics will benefit from the expansion of basic concepts, theories and methods found in this key book. It will also be critical reading for media professionals looking to understand more about the impact and importance of contemporary media relations. Contributors include: A.B. Albarran, Á. Arrese, M. Barrett, A.J. Coffey, C.A. Hollifield, W.-y. Hsu, C. Kolo, Y.-l. Liu, M. Medina, B.I. Mierzejewska, M.E. Gutiérrez-Rentería, U. Rohn, A. Sánchez-Tabernero, C. Shao, X. ZhangTrade Review'A Research Agenda for Media Economics edited by international scholar and veteran researcher Alan Albarran brings together a top-notch group of well-established and emerging scholars to look at the current state of media economics research. From theoretical traditions in media economics research to the spending patterns of the individual consumer this book presents a whole host of new ideas in advancing the future of the discipline. If there is a one important tie-in to the many authors who contributed to this work, it has to do with idea of audience, from a business, technological and global perspective.' --Richard A. Gershon, Western Michigan University, US'An excellent resource with insights from leading scholars in our field, this book provides structure for graduate teaching in media economics that cannot be found elsewhere. Tackling topics such as the history of the field, theoretical developments, global perspectives, ethical considerations, along with suggestions for research, this volume elicits excitement for furthering knowledge in the critically important area of media economics research. An absolute must read for professionals, as well as budding or seasoned scholars seeking answers to what's next in changing media landscapes.' --Angela M. Powers, Iowa State University, US'As we are accustomed to, Alan Albarran has organized yet another excellent book that effectively marks the research agenda for media economics. This book brings together important works by researchers in the field of economics and media management from various continents, which offers a more global view of the market dynamics and media research, focusing on its economic and educational dimension. This volume is an indispensable support medium for all students and researchers who are interested in the subject of media studies, especially in their economic approach. Without a doubt, my students will also start a new school year with a new and important teaching aid to better understand the research agenda for media economics.' --Paulo Faustino, President, International Media Management Academic Association and Co-director, Journal of Creative Industries and Cultural Studies (JOCIS)Table of ContentsContents Preface 1 Media economics research: a history of the field 1 Alan B. Albarran 2 Advancing media economics research through theory 13 Marianne Barrett and Chun Shao 3 Research traditions in media economics 30 Amy Jo Coffey 4 Global digital networks and global media systems: an economic perspective 44 Xiaoqun Zhang 5 Consumer demand and audience behavior 59 Angel Arrese, Mercedes Medina and Alfonso Sánchez-Tabernero 6 Economics of information and cultural goods 77 Bozena I. Mierzejewska and Castulus Kolo 7 Technological dimensions and media economics 103 Yu-li Liu and Wen-yi Hsu 8 News media viability 121 C. Ann Hollifield 9 Industry organization, media management and media economics 144 Ulrike Rohn 10 Social and ethical aspects of media economics research 159 María Elena Gutiérrez-Rentería 11 Challenges and opportunities in media economics research 173 Alan B. Albarran Index 185

Read more less

Book SynopsisThis comprehensive Handbook presents thoughtful analysis on how regulations can impact innovation within a number of fields and markets, and provides a greater understanding of regulatory complexity and the challenging task it presents for future research.The Handbook of Innovation and Regulation embraces some of the key policy areas such as the regulation of markets, critical sectors, and global and regional aspects, focussing particularly on those regulations which target innovation. Reviewing these often interconnected policy areas in terms of both macroeconomic and microeconomic issues, this Handbook expertly studies how regulations in differing fields can affect innovative activities. By placing innovation centre stage, the contributors emphasise the direct and indirect effects of imposed regulations. Further, they illustrate the critically important overall impact of innovation to make firms competitive, promote economic growth and increase societal welfare.Addressing research and policy challenges, this Handbook would be an excellent resource for academics in regulatory economics, innovation and entrepreneurship, international trade, regional economics as well as environment and digitisation and policymakers in both national and international organisations.Trade Review‘This Handbook offers new insights into the important question of how policy officials can best encourage welfare-enhancing innovation. Relying on rigorous theory, research, and evidence, it provides a nuanced but applied and accessible evaluation of how regulations can support or hinder emerging products and practices in a range of sectors and areas.’ -- Susan Dudley, The George Washington University Regulatory Studies Center, US‘This book provides a thoughtful examination of the complicated and sometimes unexpected relationships between regulation and innovation. It is an excellent read for policy makers and scholars who must weigh the forms, design, and trade-offs of regulation for an innovative society.’ -- Sameeksha Desai, Indiana University, USTable of ContentsContents: 1 Handbook of Innovation and Regulation: introductory chapter 1 Pontus Braunerhjelm, Martin Andersson, Knut Blind and Johan E. Eklund PART I MARKETS, REGULATIONS AND INNOVATION 2 Innovation and market structure: policy implications 22 David B. Audretsch 3 The influence of regulation on technological innovation and entry 33 Maria Minniti and Almantas Palubinskas 4 Testing the envelope: the unanticipated effects of regulations on entrepreneurship 57 Robert Eberhart 5 Labor market regulations, innovation and technological change 70 Pontus Braunerhjelm, Johan E. Eklund and Maurice Kugler 6 Innovation in the informal economy 93 Jeremy de Beer, Kun Fu and Sacha Wunsch-Vincent PART II REGULATION OF KEY SECTORS: DIGITIZED PLATFORMS, CLIMATE CHALLENGES AND INNOVATION 7 Innovation and competition on digital platforms 119 Martin Mandorff and Sten Nyberg 8 Environmental economics, regulation and innovation 141 Mads Greaker and David Popp 9 Innovation policy, regulation and the transition to net zero 163 Jan Fagerberg and Håkon E. Normann PART III REGULATION OF KEY INDUSTRIES: URBAN TRANSPORT, BUILDING AND INNOVATION 10 Innovative urban transportation and economic regulation 193 Kenneth Button 11 Innovation and building-related regulations 213 Hans Lind PART IV GLOBAL AND REGIONAL ASPECTS ON REGULATION, KNOWLEDGE FLOWS AND INNOVATION 12 The overall impact of economic, social and institutional regulation on innovation: an update 230 Knut Blind 13 EU regulation: hindering or stimulating innovation? 263 Andrea Renda and Jacques Pelkmans 14 Barriers to trade and innovation 294 Carlo Altomonte and Maria Luisa Mancusi PART V SPECIFIC REGULATIONS TARGETING INNOVATIONS 15 R&D tax credits: a review and an econometric study on efficient policy mixes 318 Birgitte Hovdan, Dirk Czarnitzki and Pierluigi Angelino 16 Regulation of patents and the impact on innovation 346 Nikolaus Thumm 17 Innovation-promoting impacts of public procurement 373 Elvira Uyarra, Oishee Kundu, Raquel Ortega-Argiles and Malcolm Harbour 18 Dedicated regulation: translating missions into regulation 396 Andreas Pyka, Ezgi Ari and Stephanie Lang Index 410

Read more less

Book SynopsisA unique and comprehensive source of information, this book is the only international publication providing economists, planners, policymakers and business people with worldwide statistics on current performance and trends in the manufacturing sector.The Yearbook is designed to facilitate international comparisons relating to manufacturing activity and industrial development and performance. It provides data which can be used to analyse patterns of growth and related long term trends, structural change and industrial performance in individual industries. Statistics on employment patterns, wages, consumption and gross output and other key indicators are also presented.Trade ReviewAcclaim for previous editions:‘The International Yearbook of Industrial Statistics 2011 provides comprehensive statistical data on world manufacturing. . . The Yearbook represents a massive effort in data collection, data harmonization, and tabular presentation - well beyond the constraints of time and resources available to the average researcher or investigator. Therefore, the Yearbook presents a vast amount of information in a convenient form.’Table of ContentsContents: Introduction Part I: Summary Tables Section 1.1 The Manufacturing Sector Section 1.2 The Manufacturing Divisions Part II: Country Tables

Read more less

Book SynopsisThis comprehensive book synthesizes research from the past 50 years of innovation studies, addressing the main elements and providing a connected perspective on innovation within organizations. It explores the generation and adoption of both technological and nontechnological innovations, offering a coherent and systematic view of the process. Fariborz Damanpour examines innovation activity and internal mechanisms and processes in both business and nonbusiness organizations, providing an overview of key concepts, terms, and theory. Insights from behavioral, economic, and structure-based perspectives are used to explain existing findings and help the reader navigate current research on the management of innovation, as well as offering ideas and frameworks to guide new studies. Organizational Innovation will be an invaluable resource for researchers and graduate-level students of management and organization studies, particularly those working on the management of innovation and technology. It will also prove useful to educators in the field as a reference work for students.Trade Review'This is a timely and informative book! It is rich in content, grounded in excellent research and theory, and comprehensive in coverage. Damanpour has done a magnificent job in organizing a vast body of research, making it more easily accessible to researchers, students, and managers.' --Shaker A. Zahra, University of Minnesota, US'Damanpour does a superb job of synthesizing the highly fragmented, complex, and interdisciplinary research on the management of innovation. The result: an essential resource for scholars focused on conducting evidence-based research or developing theory in innovation that enhances both the understanding of and the performance of organizations in the private, public, and non-profit sectors of the economy.' --Gregory G. Dess, University of Texas at Dallas, US'For many years Fariborz Damanpour has been a unique voice in the literature on innovation and organization. He offers a synthetic representation of innovation, far removed from fashionable ideas. In this unique book, Fariborz clarifies what innovation means, what concepts it relies on, and how scholars theorize about it. The book sets a standard in the literature on innovation for years to come.' --Benoît Godin, Institut National de la Recherche Scientifique (INRS), CanadaTable of ContentsContents: Preface Part I – Innovations and Organizations 1. Research on Organizational Innovation 2. Concepts, Theories, and Contexts Part II – Elements of Organizational Innovation 3. Types of Innovation – Technical, Nontechnical, Hybrid 4. Spectrum of Innovation Radicalness 5. Process of Innovation – Generation, Adoption 6. Openness of Innovation Process Part III – Sources of Innovations in Organizations 7. Primary Antecedents of Organizational Innovation 8. Moderators, Mediators, and Measurement of Innovation Part IV – Performance Consequences of Innovation 9. Innovation and Organizational Performance 10. Innovation Pattern, Complementarity, and Performance References Index

Read more less

Book SynopsisThe aim of The Legal Foundations of Micro-Institutional Performance is to introduce the reader to a different way of thinking about economics that will allow them to both understand and apply legal concepts to economic analysis. To this end, it adopts and further develops Wesley Hohfeld’s legal framework of jural (legal) relations as a tool of analysis. This analytical tool, as built into the Legal-Economic Performance framework, provides specific direction in identifying and describing interdependence among economic agents (including rights, duties, liberties and exposure to various acts).The framework adopted and developed in this book relies on the concept of interdependence--that all economic agents are tied together in a legal system given the inherent interdependent nature of transactions in a complex modern global economy. The authors start by developing this framework and then apply it to a variety of settings and empirical examples. Using this new method, economists will be able to reshape their analysis to account for how legal systems and specific legal rules impact economic performance and outcomes. This approach will be of great interest to graduate and advanced undergraduate social science scholars, faculty interested in the intersections of law and economics and the application of legal concepts to impact analysis, and practitioners in the fields of policy, law and economics. Trade Review‘This book represents a major advance in law and economics. Combining insight from generations of Great Lakes institutionalists with a fresh look at legal concepts by Wesley Hohfeld, the authors introduce a powerful Legal-Economic Performance framework and demonstrate its relevance to a variety of contemporary policy issues.’ -- Charles J. Whalen, University at Buffalo, USTable of ContentsContents: Preface Introduction: Institutional law and economics PART I INSTITUTIONS, LAW AND ECONOMICS 1. Institutions 2. The underlying legal structure of economic relationships 3. Applying Hohfeld to economics 4. The Legal-Economic Performance framework PART II APPLICATIONS 5. Uber versus drivers 6. Masterpiece Cakeshop, Ltd. v. Colorado Civil Rights Commission 7. Cedar Point Nursery v. Hassid (CA Agricultural Labor Relations Board) 8. Common property and fisheries management in the Northeast Canyons and Seamounts national marine area 9. Conclusion: Themes from Legal-Economic Performance Facts of the case References Index

Read more less

Book SynopsisTimely and invigorating, this book explores how blockchain technology is disrupting economies and transforming societies. It offers detailed insights into the synergistic and complementary effects of blockchain and other new and emerging technologies such as artificial intelligence, the Internet of Things, satellite imagery and digital twins.The Rise of Blockchains highlights how the developments of ecosystems around blockchain are helping to realize the potential of this technology to act as a ‘trust machine’ across more contexts and settings. Multidisciplinary in both scope and perspectives, the book looks at blockchain’s potential for impacting challenges in supply chain management, security, privacy and compliancy issues, and transforming payment and settlement systems. It further provides insights into the opportunities, barriers, and enablers of blockchain adoption by organizations.With a focus on both theoretical and practical knowledge related to blockchain, this will be an important read for business and management scholars, particularly those focusing on organization studies, information systems, and supply chain management. It will also be a useful book for economics students and economists working with cryptocurrencies.Trade Review‘This book is both a fantastic introduction to the fundamental concepts of blockchains and a unique discussion of the business models impacted by the blockchain. Kshetri provides an excellent sketch of the debate over using distributed ledgers to demonstrate business trustworthiness. The business cases Kshetri provides perfectly demonstrate the value offered by technology that uses strong cryptographic tools. One of the book’s best and most unique contributions is in its chapter on the synergies between artificial intelligence and the blockchain. The case studies from health care and other data-intensive industries offer invaluable details on data ownership management, privacy, data lineage management, and shared governance for users of blockchain and AI technologies. Kshetri also discusses emerging disruptive technologies, like the Metaverse, Web 3.0, and the Internet of Things. This is one of the best books on the subject and an excellent guide for readers of all levels.’ -- J. Brzezinski, Choice Magazine‘Kshetri’s The Rise of Blockchains is a timely, to-the-point, and detailed book on a relatively new and still obscure topic of blockchain technology. The book focuses on this all-new phenomenon deeply impacting, sometimes disrupting, and transforming our societies, policy-making, and the global economy today. And as a matter of fact, it also does a good job focusing on this new technology that has both introduced cryptocurrencies and transformed the supply chain, payments, privacy, and security systems.’ -- Bilal Bağış, Insight Turkey Journal‘Professor Nir Kshetri’s exciting new text The Rise of Blockchains: Disrupting Economies and Transforming Societies is a must read for those interested in how distributed ledgers are impacting the political, economic, and social landscapes of societies, both developed and underdeveloped. Economists, politicians, and anyone else involved in finance should add this text to their reading list.’ -- Jeffrey Voas, EIC Computer Magazine, US‘This book covers several key topics in blockchain, ranging from payment and settlement to cybersecurity and the supply chain. The book is well written and flows logically. It would be a great textbook for a blockchain course and a nice reference for researchers working in this field.’ -- Yogesh K. Dwivedi, Swansea University, UK and Symbiosis Institute of Business Management, Pune, India‘Professor Kshetri has delivered a very timely, well-written, and well-documented treatment of a topic that many people find difficult and sometimes opaque. I believe the content is accessible for both advanced undergrads and graduate students. I plan to adopt this book for my own blockchain course.’ -- Stephen C. Wingreen, University of Canterbury, New Zealand‘In 2018, Ginni Rometty, the retired CEO of IBM, caused a stir when she said presciently: “Blockchain will do for transactions what the Internet did for information.” This compendium by Professor Nir Kshetri attempts to explain why and how such a transformation is taking place. The comprehensive book is framed by business organisations and market opportunities. It addresses the essentials of how Blockchains work, and their synergies with decentralized, autonomous organisations as well as complementary technologies such as AI. It also provides up-to-date coverage of hot-button issues such as use-cases in supply chain management with traceability-as-a-service. It shows how such ubiquitous use-cases will allow Blockchain to cross the chasm. Two enabling technologies – security as an integral aspect of mainstream platforms and Blockchain-enabled payments which may counter the centralizing features of proposed CBDC initiatives – will bring confidence in such a trust-free environment. The book closes with a realistic assessment of emerging opportunities, barriers, trends and policy implications. It is commendable that Professor Kshetri, acknowledged as one of the most impactful researchers on Blockchain, has taken it upon himself to make translational his deep insights and understanding on the topic. I recommend this book highly to any business executive or specialist student interested in exploiting the value of Blockchains.’ -- Ravi S. Sharma, Zayed University, United Arab EmiratesTable of ContentsContents: PART I BLOCKCHAIN AND ORGANIZATIONAL TRANSFORMATION 1. Blockchain basic: Definitions, key concepts and characteristics 2. Impacts on organizational forms, business models and strategies 3. Combining with other technologies to amplify blockchain’s value creation 4. Supply chain management 5. Security, privacy and compliance 6. Payment and settlement systems PART II OPPORTUNITIES, CHALLENGES, IMPLICATIONS AND THE WAY FORWARD 7. Opportunities, barriers, and enablers of blockchain adoption in organizations 8. Discussion, conclusion, and recommendations Index

Read more less

Book SynopsisIn this timely and insightful book, Laura Maxim evaluates the use of socio-economic analysis (SEA) in the regulation of potentially carcinogenic, mutagenic, and toxic chemicals. Retracing the history of the use of cost-benefit analysis in chemical risk policies, this book presents contemporary discourse on the political success of SEA.Informed by empirical research, theoretical analysis, and professional experience in implementing EU Regulation on the Registration, Evaluation, Authorization and Restriction of Chemicals (REACH), Maxim proposes a new form of risk regulation called ‘regulatory co-management’, of which SEA has become a convenient tool. Chapters outline the controversy surrounding cost-benefit analysis in the US, the history of chemical regulation in Europe since 1967, and the construction and institutionalization of the European Chemicals Agency’s (ECHA) socio-economic guidelines. The book concludes by analyzing legal, political, and ethical criticisms of the role of SEA in the authorization of chemicals such as lead chromate, chromium trioxide, and sodium dichromate.With direct relevance to ongoing debates about the revision of EU chemicals policy, this unique book will be essential reading for practitioners of socio-economic analysis and stakeholders involved in REACH. It will also be beneficial to academics and students of environmental governance and regulation, European politics and policy, and industrial economics.Trade Review‘With over twenty years of expertise in the political ecology of chemical regulation, Laura Maxim performs a thorough investigation into the use of socio-economic analysis in the history of EU chemicals policy and regulation over the past 50 years. Comparing EU and US experiences, this unique and exciting book proposes an alternative methodological approach to counter the uncertainties and controversies surrounding cost-benefit analysis in chemicals regulation.’ -- Joan Martínez Alier, ICTA-Universitat Autònoma de Barcelona, Spain‘This book is an eye-opener as to why both TSCA and REACH have failed to protect the public from demonstrated hazards in light of REACH’s requirement, and TSCA’s inaction, to take alternatives and substitutes into account. It is a failure of both the EU Commission and the EU’s regulators that they allowed the existing chemical products industry to control the dialogue about needed changes that the consideration of substitutes would have increasingly encouraged instead. The current activities focused on revising REACH should avoid the mistakes made in reauthorizing TSCA in 2016.’ -- Nicholas A. Ashford, Massachusetts Institute of Technology, USTable of ContentsContents: 1. Introduction: socio-economic analysis in chemical risk policies 2. Cost-benefit analysis, half of a century of controversy in the United States 3. Before REACH, socio-economic analysis in the “new and existing substances” regulation 4. From the White Paper to REACH: the hours-free journey of socio-economic analysis 5. The writing of ECHA’s socio-economic guidelines: construction of a space of common mental representations on a minefield 6. Institutionalization of cost-benefit analysis as a co-management tool: the activity of the Socio-Economic Assessment Committee 7. The status of socio-economic assessments in the authorisation and restriction dossiers: micro-grounds for compromise all along the implementation of REACH 8. Co-management contested: the controversy on the role of SEA in authorisation 9. Conclusion to Economics and Power in EU Chemicals Policy and Regulation References Index

Read more less

Book SynopsisThe Economics and Regulation of Digital Markets presents new findings and perspectives from leading international scholars on three critical areas of developing government policies. The first three contributions analyse digital markets and their regulation. Next is a discussion of the divergence of expert and public views on European democracy. The final contribution provides an analysis of the effects of firing notification procedures on wage growth. The functioning of digital markets, the state of democracy around the world, and rules that affect wages raise questions about the proper roles of government rules. This volume provides insights into these pressing and important issues.Table of ContentsChapter 1. The Economics and Regulation of Digital Markets; James Langenfeld, Chris Ring, and Frank Fagan Chapter 2. Is the Proposed Digital Markets Act the Cure for Europe’s Platform Ills? Evidence from the European Commission’s Impact Assessment; David J. Teece and Henry J. Kahwaty Chapter 3. Data, Power and Competition Law: The (im)possible Mission of the DMA?; Antonio Davola and Gianclaudio Malgieri Chapter 4. Rethinking Remedies for the Attention Economy; Francesco Parisi and Elvira Caterina Parisi Chapter 5: With the Naked Eye - Diverging Perspectives on the Evaluation of Democracy in the EU; Kamil Jonski and Wojciech Rogowski Chapter 6. Firing Notification Procedures and Wage Growth; Nicolae Stef and Anthony Terriau

Read more less

Book SynopsisElgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary. In recent years, an explosive rise in computing power and the digitization of data has allowed researchers in new institutional economics (NIE) to investigate questions that could never before be systematically analysed. This book explores key issues for future research in the field, analysing both traditional areas of focus in NIE and more recent areas of interest. Consisting of 30 concise chapters written by top NIE scholars, this Research Agenda probes issues at the forefront of NIE, including government, contracts, property rights, norms, culture, and beliefs. Analysing rapid changes in technology and the environment, such as the rise of social media and the effects of climate change in agriculture, this book offers unique insights into key contemporary issues. Written in non-technical terms, this book will inform and inspire students and those starting their careers in economics, law and political science. NIE scholars will also find the book invaluable in updating their understanding of crucial research questions and seeking new areas to explore. Contributors: J.S. Ahlquist, J.E. Aldy, D.W. Allen, J. Bednar, J.C. Cardenas, P. Castaneda Dower, R. Fernandez, S. Gehlbach, R. Gil, M.A. Golden, C. Guerriero, S. Iyer, P. Keefer, K. Kosec, R. Kunneke, C. Long, R. Macchiavello, K.J. Mayer, C. Menard, T. Mogues, M.W. Moszoro, B. Mueller, S. Oh, D. Parker, J. Prufer, P. Prufer, M. Servatka, M.M. Shirley, E. Simison, F. Sobbrio, J. Teorell, T. Terpstra, M. Vatiero, S. Voigt, S. Wallsten, G. Zanarone, D. ZiblattTrade Review'This book is about the variety of institutions that govern economic life. It has stunning breadth: political institutions, regulatory institutions, the law and practice of contracts, property rights and more are discussed with intelligence and rigor. Whether your interest is in the history of institutions or current practice, whether in rich countries or poor, you will learn much from this book.' --Sam Peltzman, University of Chicago, Booth School of Business, US'This volume brings 30 chapters on a variety of topics, usefully examined from a transaction cost framework. As Coase argued, transaction costs move economic outcomes from the idealized simple to the more complex.' --Gary Libecap, University of California, Santa Barbara, National Bureau of Economic Research and Hoover Institution, Stanford University, USTable of ContentsContents: Introduction Claude Ménard and Mary M. Shirley Part I Government Institutions 1. Collective Action and Government: Still a Mystery Philip Keefer 2. What’s Next for the Study of Non-democracy? Scott Gehlbach 3. The Power and Limits of Federalism Emilia Simison and Daniel Ziblatt 4. Evaluating the Performance of Regulations and Regulatory Institutions, Joseph E. Aldy 5. Public Goods Provision in Developing Countries: A Research Agenda for New Institutional Economics Katrina Kosec and Tewodaj Mogues Part II Contracts and Organizations 6. A Mutually Beneficial Relationship: Relational Contracts in Developing Countries Rocco Macchiavello 7. Contracting in Innovative Industries Ricard Gil and Giorgio Zanarone 8. Interrelated technical and institutional coordination: The case of network infrastructures Rolf Künneke 9. Cognition and Governance: A Research Agenda for the New Institutional Economics Kyle J. Mayer 10. Tools and Approaches in Public Contracting Research Marian W. Moszoro 11. Transaction and Transactors’ Choices: What We Have Learned and What We Need To Explore Massimiliano Vatiero Part III Laws and Property Rights 12. Questions of Property Rights Dominic Parker 13. (Real) Behavior meets (Real) Institutions: Towards a research agenda on the Study of the Commons Juan Camilo Cardenas 14. Property Rights and Economic Development: Taking Stock, Looking Ahead, Carmine Guerriero 15. The China Experience: An Institutional Approach Cheryl Long Part IV Norms, Culture, and Beliefs 16. Internal Institutions: The Major Unknowns in Institutional Economics Stefan Voigt 17. The Coevolution of Institutions and Culture Bernardo Mueller 18. Modelling the Institutional Matrix: Norms, Culture, and Robust Design Jenna Bednar 19. Corruption and the New Institutional Economics Miriam A. Golden 20. Religion and Institutions Sriya Iyer Part V Institutions in a rapidly changing world 21. Family and Gender: Questions for the NIE Raquel Fernández 22. Research Frontiers in the Institutional Analysis of Work John S. Ahlquist 23. Challenges of Agricultural Organization to Growth and Climate Paul Castañeda Dower 24. Is Blockchain Hype, Revolutionary, or Both? What We Need to Know. Sarah Oh and Scott Wallsten 25. New Media, New Issues Francisco Sobbrio Part VI New Approaches and New Tools 26. Neo-Institutionalism in Ancient Economic History: The Road Ahead Taco Terpstra 27. Measuring Institutions: What We Do Not Know Jan Teorell 28. Data Science for Institutional and Organizational Economics Jens Prüfer and Patricia Prüfer 29. How Do Experiments Inform Collective Action Research? Maroš Servátka 30. Recognizing and Solving Institutional Puzzles Douglas W. Allen Index

Read more less

Book SynopsisOffering a comprehensive overview of the major issues that arise in the enforcement of competition laws, this book takes an interdisciplinary approach to the topic, reviewing the development of Korean competition laws and their enforcement with rigorous economic analysis. Chapters build on the Korean experience, providing guidance to the capacity-building efforts of developing countries that have recently introduced competition laws. In this exciting new book, an international team of experts compares market structures, in both global and Korean contexts, particularly focusing on the impact of foreign competition on market concentration and ways to improve market structure. It thoroughly investigates core competition problems, including international abuses of dominance, mergers and collusion, and vertical restraints. Contributions move beyond explaining the laws and practices of enforcement agencies, offering readers an insight into the trend of ever-increasing interdependence among national economies, complemented by analyses of recent developments in the US and Canada. The exploration of clear trends both in Korea and globally will prove valuable to scholars and students of industrial competition policy, and law and economics. It will also be useful to policy-makers, particularly those in developing countries, looking to better understand the issues surrounding competition law and designing future policies. Table of ContentsContents: Preface by Jeong Pyo Choi ix 1 Introduction and overview 1 Jay Pil Choi, Wonhyuk Lim and Sang-Hyop Lee PART I SETTING THE STAGE 2 Competition law and economics: international cooperation and convergence in competition policy 13 Jay Pil Choi PART II MARKET STRUCTURE 3 Market structure and market studies 30 William E. Kovacic 4 An empirical study of the competitive pressure of the foreign sector in Korea 51 Suil Lee PART III ABUSE OF DOMINANCE 5 Structured rule of reason analysis of tying arrangements 82 Yong Hyeon Yang PART IV MERGER AND COLLUSION 6 Comments on merger guidelines 111 Joseph Farrell 7 What next? Cartel strategy after getting caught 125 Robert C. Marshall, Leslie M. Marx and Claudio Mezzetti PART V VERTICAL RESTRAINTS 8 Competition policy and the economics of vertical restraints 146 Ralph A. Winter 9 Resale price maintenance in a multi-producer and multi-distributor setting 174 Se Hoon Bang and Yangsoo Jin 10 Retail price coordination in Korean department stores: the specific purchase contract 190 Woohyun Chang Index

Read more less

Book SynopsisGame theory explores situations in which agents interact strategically and provides a useful foundation for studying many traditional industrial organization topics. This approach has also enabled the emergence of new areas of enquiry including law and economics, networks, the digital economy, auctions, experimental game theory and many others.This second volume of the Handbook includes original contributions by experts in the field. It provides up-to-date surveys of the most relevant applications of game theory to industrial organization. The book covers both classical and industrial organization topics such as mergers in markets with homogeneous and differentiated goods, leniency and coordinated effects in cartels and mergers, static and dynamic contests, consumer search and product safety, strategic delegation, platforms and network effects, auctions, environmental and resource economics, intellectual property, healthcare, corruption, experimental industrial organization, and empirical models of research and development.Authoritative and engaging, this unique Handbook will be an indispensable resource for all serious academics, researchers and students of industrial economics and game theory.Contributors incude: S. Anderson, A. Barge-Gil, P. Belleflamme, J. Brandts, R. Burguet, L. Corchón, A. Daughety, N. Fabra, R. Fauli-Oller, J.-J. Ganuza, M.l. Gonzalez Maestre, A. Hernando-Veciana, M. Hoffmann, E. Huergo, M. Kopel, L. Lambertini, A. Lopez, M. Marini, C. Marvao, E. Maskin, J.G. Montalvo, L. Moreno, M. Motta, P. Olivella, M. Peitz, M. Pezzino, M. Polo, J. Potters, J. Reinganum, R. Renault, G. Rota Preziosi, J. Sandonis, M. Serena, G. SpagnoloTrade Review'The publication of this Handbook, bringing together game theory and industrial organization, is an occasion worth celebrating. . . . I am truly delighted that there is now a Handbook devoted to this transformative partnership.' --From the foreword by Eric Maskin'With these two volumes, Professors Corchon and Marini have provided an invaluable public good to our profession. Corchon and Marini have gathered leading scholars to present a broad and deep overview of the definitive impact that game theory had and still continues to have on the field of industrial organization over the recent years. Any serious researcher willing to take stock of advances in the field should certainly consider to study the material covered in these volumes, from the more fundamental issues in Volume 1 to the more applied topics presented in Volume 2.' --David Martimort, Paris School of Economics, FranceTable of ContentsContents: Foreword by Eric Maskin 1. Introduction Luis C. Corchón and Marco A. Marini PART I COLLUSION AND MERGERS 2. Horizontal mergers in oligopoly Ramon Faulí‐Oller and Joel Sandonis 3. Collusive agreements in vertically differentiated markets Marco A. Marini 4. Cartels and leniency: Taking stock of what we learnt Catarina Marvão and Giancarlo Spagnolo 5. Assessing coordinated effects in merger cases Natalia Fabra and Massimo Motta PART II CONTESTS 6. Contest theory Luis C. Corchón and Marco Serena 7. Endogenous timing in contests Magnus Hoffmann and Grégoire Rota‐Graziosi PART III SPECIAL TOPICS 8. Firm pricing with consumer search Simon P. Anderson and Régis Renault 9. Market structure, liability, and product safety Andrew F. Daughety and Jennifer Reinganum 10. Strategic delegation in oligopoly Michael Kopel and Mario Pezzino 11. Platforms and network effects Paul Belleflamme and Martin Peitz 12. Auctions Ángel Hernando-Veciana 13. Differential oligopoly games in environmental and resource economics Luca Lambertini 14. Intellectual property Miguel González‐Maestre 15. Healthcare and health insurance markets Pau Olivella 16. The microeconomics of corruption Roberto Burguet, Juan-José Ganuza and José G. Montalvo PART IV EXPERIMENTAL AND EMPIRICAL EVIDENCE 17. Experimental industrial organization Jordi Brandts and Jan Potters 18. Empirical models of firms’ R&D Andrés Barge-Gil, Elena Huergo, Alberto López and Lourdes Moreno Index

Read more less

Book SynopsisFrank Tipton's book is a comparative study of the management structures of Asian firms. As Asian economies continue to expand, the management of Asian firms becomes ever more important, whether they are suppliers, customers, partners, or rivals. As the author argues, Asian firms are very different from their Western counterparts, and these differences reflect the variations in national history and institutions within which they operate.Asian Firms compares Chinese, Japanese, Korean and Southeast Asian management structures and sets them in their historical and institutional context. Based on a wide range of interviews and material drawn from a variety of disciplines, the argument is framed by the sayings of the legendary strategist Sun Tzu and the renowned businessman Tao Zhu-gong. A series of case studies illustrate the strengths and weaknesses of the approaches of managers in each of the national traditions. Asian Firms asks in each case what Western managers can learn from Asian firms, and what Asian firms can learn from each other.With a multidisciplinary approach and emphasis on practical lessons and tools, the book will be of great use and interest for managers. It will also appeal to students and researchers of international business, postgraduate management students in courses with a comparative or Asian emphasis as well as academics and researchers of Asian studies.Trade Review'This book appeals to a wide range of readers who might be interested in the historical development of Asian economies, evolutionary trajectories of Asian firms, institutional change and dynamics in Asia and management and organization of Asian firms. For readers who are interested in specific Asian economies this book will also be useful because it provides a comparative perspective that examines different Asian economies and their forms in a single work.' -- Henry Wai-chung Yeung, National University of Singapore'Tipton provides a fresh approach to understand how Asian firms differ from their western counterparts.' -- Paul Beamish, University of Western Ontario, CanadaTable of ContentsContents: Preface 1. Introduction 2. Managing Horizontal Information Flows in Japan 3. Managing with Charismatic Leadership in Korea 4. Managing the Boundaries of the Firm in Qing and Nationalist China 5. Managing the Chinese Firm in Hong Kong and Taiwan 6. Managing Relations with State Agencies in the People’s Republic 7. Managing Under the Guidance of a Strong State in Southeast Asia 8. Managing Cash Flow in the Bamboo Networks: Overseas Chinese and the Singapore System 9. Managing Cultural Diversity in Southeast Asia Appendix: Tao-Zhu-gong: The Twelve Business Principles, the Twelve Business Pitfalls, and the Sixteen Business Lessons Bibliography Index

Read more less

Book SynopsisPublic utilities supply a set of goods and services that are central to the workings of a modern economy. Their importance in the economy's structure is matched by the interest and complexity of the problems they present for economic analysis. This two-volume set includes the most important and influential papers in the development of public utilities economics. It includes early contributions on marginal cost pricing as well as its later extensions dealing with peak loads, financial constraints, indivisibilities, uncertainty, and non linear tariffs. The selection includes a balance between partial and general equilibrium analysis. More recent game theoretic approaches to some of the classic problems are also included. Three important types of public utility - electricity, telephones and rail transport - are covered in some depth.This important collection will be a valuable reference source to researchers and policymakers alike.Table of ContentsContents: Volume I Acknowledgements Introduction Ray Rees PART I MARGINAL COST PRICING 1. J. Maurice Clark (1911), ‘Rates For Public Utilities’ 2. Raymond T. Bye (1929), ‘Composite Demand and Joint Supply in Relation to Public Utility Rates’ 3. Harold Hotelling (1938), ‘The General Welfare in Relation to Problems of Taxation and of Railway and Utility Rates’ 4. Harold Hotelling (1939), ‘The Relation of Prices to Marginal Costs in an Optimum System’ 5. William Vickrey (1948), ‘Some Objections to Marginal-Cost Pricing’ 6. Nancy Ruggles (1949–50), ‘Recent Developments in the Theory of Marginal Cost Pricing’ 7. R.H. Coase (1970), ‘The Theory of Public Utility Pricing and Its Application’ 8. Ralph Turvey (1969), ‘Marginal Cost’ PART II RAMSEY PRICING 9. F.P. Ramsey (1927), ‘A Contribution to the Theory of Taxation’ 10. M. Boiteux (1971), ‘On the Management of Public Monopolies Subject to Budgetary Constraints’ 11. William J. Baumol and David F. Bradford (1970), ‘Optimal Departures From Marginal Cost Pricing’ 12. R. Rees (1968), ‘Second-Best Rules for Public Enterprise Pricing’ 13. Martin S. Feldstein (1972), ‘Distributional Equity and the Optimal Structure of Public Prices’ 14. Egbert Dierker (1991), ‘The Optimality of Boiteux-Ramsey Pricing’ 15. W.A. Brock and W.D. Dechert (1985), ‘Dynamic Ramsey Pricing’ PART III PEAK LOAD PRICING 16. M. Boiteux (1960), ‘Peak-Load Pricing’ 17. Peter O. Steiner (1957), ‘Peak Loads and Efficient Pricing’ 18. Jack Hirshleifer (1958), ‘Peak Loads and Efficient Pricing: Comment’ 19. Oliver E. Williamson (1966), ‘Peak-Load Pricing and Optimal Capacity under Indivisibility Constraints’ 20. Herbert Mohring (1970), ‘The Peak Load Problem with Increasing Returns and Pricing Constraints’ 21. John C. Panzar (1976), ‘A Neoclassical Approach to Peak Load Pricing’ 22. Michael Crew and Paul Kleindorfer (1971), ‘Marshall and Turvey on Peak Load or Joint Product Pricing’ 23. David A. Starrett (1978), ‘Marginal Cost Pricing of Recursive Lumpy Investments’ 24. Ray Rees (1986), ‘Indivisibilities, Pricing and Investment: The Case of the Second Best’ 25. H.S.E. Gravelle (1976), ‘The Peak Load Problem with Feasible Storage’ PART IV PRICING UNDER UNCERTAINTY 26. Gardner Brown, Jr. and M. Bruce Johnson (1969), ‘Public Utility Pricing and Output Under Risk’ 27. Michael L. Visscher (1973), ‘Welfare-Maximizing Price and Output with Stochastic Demand: Comment’ 28. Dennis W. Carlton (1977), ‘Peak Load Pricing with Stochastic Demand’ 29. Michael A. Crew and Paul R. Kleindorfer (1976), ‘Peak Load Pricing with a Diverse Technology’ 30. Roger Sherman and Michael Visscher (1978), ‘Second Best Pricing with Stochastic Demand’ 31. John C. Panzar and David S. Sibley (1978), ‘Public Utility Pricing under Risk: The Case of Self-Rationing’ 32. John Tschirhart and Frank Jen (1979), ‘Behavior of a Monopoly Offering Interruptible Service’ 33. Robert Wilson (1989), ‘Efficient and Competitive Rationing’ Name Index Volume II Acknowledgements An introduction by the editor to both volumes appears in Volume I PART I TWO-PART TARIFFS AND NONLINEAR PRICING 1. Andre Gabor (1955), ‘A Note on Block Tariffs’ 2. Walter Y. Oi (1971), ‘A Disneyland Dilemma: Two-Part Tariffs for a Mickey Mouse Monopoly’ 3. Yew-Kwang Ng and Mendel Weisser (1974), ‘Optimal Pricing with a Budget Constraint – The Case of the Two-Part Tariff’ 4. Robert D. Willig (1978), ‘Pareto-Superior Nonlinear Outlay Schedules’ 5. M. Barry Goldman, Hayne E. Leland and David S. Sibley (1984), ‘Optimal Nonuniform Prices’ 6. Leonard J. Mirman and David Sibley (1980), ‘Optimal Nonlinear Prices for Multiproduct Monopolies’ 7. Donald J. Brown and Geoffrey Heal (1980), ‘Two-Part Tariffs, Marginal Cost Pricing and Increasing Returns in a General Equilibrium Model’ 8. Rajiv Vohra (1990), ‘On the Inefficiency of Two-Part Tariffs’ PART II GAME THEORETIC APPROACHES 9. Gerald R. Faulhaber (1975), ‘Cross-Subsidization: Pricing in Public Enterprises’ 10. S.C. Littlechild (1975), ‘Common Costs, Fixed Charges, Clubs and Games’ 11. W.W. Sharkey (1982), ‘Suggestions for a Game-Theoretic Approach to Public Utility Pricing and Cost Allocation’ 12. Leonard J. Mirman, Yair Tauman and Israel Zang (1985), ‘Supportability, Sustainability, and Subsidy-Free Prices’ PART III RAIL PRICING 13. F.W. Taussig (1891), ‘A Contribution to the Theory of Railway Rates’ 14. A.C. Pigou (1913), ‘Railway Rates and Joint Costs’ 15. F.W. Taussig (1913), ‘Railway Rates and Joint Costs: Reply’ 16. Ronald R. Braeutigam (1979), ‘Optimal Pricing with Intermodal Competition’ PART IV ELECTRICITY PRICING 17. William J. Hausman and John L. Neufeld (1984), ‘Time-of-Day Pricing in the U.S. Electric Power Industry at the Turn of the Century’ 18. Ralph Turvey (1968), ‘Peak-Load Pricing’ 19. John T. Wenders (1976), ‘Peak Load Pricing in the Electric Utility Industry’ 20. John T. Wenders and Lester D. Taylor (1976), ‘Experiments in Seasonal-Time-of-Day Pricing of Electricity to Residential Users’ 21. Michael L. Telson (1975), ‘The Economics of Alternative Levels of Reliability for Electric Power Generation Systems’ 22. M.G. Marchand (1974), ‘Pricing Power Supplied on an Interruptible Basis’ 23. Roger E. Bohn, Michael C. Caramanis and Fred C. Schweppe (1984), ‘Optimal Pricing in Electrical Networks over Space and Time’ 24. Chi-Keung Woo (1990), ‘Efficient Electricity Pricing with Self-Rationing’ PART V TELEPHONE PRICING 25. Arthur Hazlewood (1951), ‘Optimum Pricing as Applied to Telephone Service’ 26. S.C. Littlechild (1970), ‘Peak-Load Pricing of Telephone Calls’ 27. M.G. Marchand (1973), ‘The Economic Principles of Telephone Rates under a Budgetary Constraint’ 28. Bridger M. Mitchell (1978), ‘Optimal Pricing of Local Telephone Service’ 29. Shmuel S. Oren and Stephen A. Smith (1981), ‘Critical Mass and Tariff Structure in Electronic Communications Markets’ 30. Padmanabhan Srinagesh (1991), ‘Mixed Linear-Nonlinear Pricing with Bundling’ 31. Karen B. Clay, David S. Sibley and Padmanabhan Srinagesh (1992), ‘Ex Post vs. Ex Ante Pricing: Optional Calling Plans and Tapered Tariffs’ Name Index

Read more less

Book SynopsisService activities are now acknowledged as key players in economic development, societal change and public policy worldwide. This exciting Handbook not only contributes to ongoing conceptual debates about the nature of service-led economies and societies; it also pushes back the frontiers of current critical thinking about the role of service activities in urban and regional development and the important research agendas that remain to be addressed.Drawing on both theory and case studies, the contributors are international experts who have written original and stimulating chapters from a number of different disciplinary perspectives. Each chapter seeks to raise awareness of, and to provoke debates about, the opportunities and challenges presented by the shift to service employment.Providing a truly interdisciplinary analysis, The Handbook of Service Industries will be invaluable to scholars specializing in services research, as well as students and researchers in the areas of economics, geography, business and management, sociology, public policy and planning. The policy-making community will also find the Handbook a relevant and useful resource.Trade Review'It contains an impressive array of important and useful material that should be familiar to anyone interested in economic growth and change. . . the potential value to be gained from these collected works is great.' -- James E. Pratt, Growth and ChangeTable of ContentsContents: 1. Worlds of Services: From Local Service Economies to Offshoring or Global Sourcing John R. Bryson and Peter W. Daniels PART I: CONCEPTUAL PERSPECTIVES 2. The Nature of Services Sven Illeris 3. Services and Innovation: Conceptual and Theoretical Perspectives Jeremy Howells 4. National Economies and the Service Society: The Diversity of Models Jean Gadrey 5. Theories of the Information Age Nico Stehr 6. The Political Economy of Services in Tertiary Economies Pascal Petit PART II: THE DEVELOPMENT OF SERVICE ECONOMIES 7. A Global Service Economy? Peter W. Daniels 8. Services and Regional Development in the United States William B. Beyers 9. Service Industries, Global City Formation and New Policy Discourses within the Asia-Pacific T.A. Hutton 10. Service Development in Transition Economies: Achievements and Missing Links Metka Stare 11. Whither Global Cities: The Analytics and the Debates Saskia Sassen PART III: TRADING SERVICES: FROM LOCAL TO GLOBAL PRODUCTION 12. Transport Services and the Global Economy: Towards a Seamless Market Thomas R. Leinbach and John T. Bowen 13. Empirical Analysis of Barriers to International Services Transactions and the Consequences of Liberalization Alan V. Deardorff and Robert M. Stern 14. Multinational Service Firms and Global Strategy Peter Enderwick PART IV: SERVICES, TECHNOLOGY AND INNOVATION 15. Knowledge-Intensive Services and Innovation Ian Miles 16. Small and Medium-sized Enterprises and the Consumption of Traded (Producer Service Expertise) versus Untraded Knowledge and Expertise John R. Bryson and Peter W. Daniels 17. Understanding the Relationship between Information Communications Technology and the Behaviour of Firms Located in Regional Clusters Grete Rusten and John R. Bryson 18. Services and the Internet Andrew Murphy 19. Knowledge Creation in a Japanese Convenience Store Chain: The Case of Seven-Eleven Japan Ikujiro Nonaka, Vesa Peltokorpi and Dai Senoo PART V: SERVICE EMPLOYMENT: EMBODIED AND EMOTIONAL LABOUR 20. Embodied Information, Actor Netoworks and Global Value-Added Services Barney Warf 21. Gender Divisions of Labour: Sex, Gender, Sexuality and Embodiment in the Service Sector Linda McDowell 22. Transnational Work: Global Professional Labour Markets in Professional Service Accounting Firms Jonathan V. Beaverstock References Index

Read more less

Book SynopsisCorporate Citizenship (CC) has emerged as a widely used way of describing the role of business in wider society. As such, CC has been popular with academics, business leaders and politicians alike, as it locates the private corporation within a network of mutual responsibilities and obligations in their social environment. This title takes stock of the debate by tracing back its origin, identifying the key topics and delineating the key controversies. The book places the discussion on corporate citizenship in a political context within the wider debate on the role of business in society. In doing so, the individual chapters feature major contributions by the leading scholars in this area and provide an overview of ongoing developments, in particular at the transnational level.Table of ContentsContents: Acknowledgements Introduction Dirk Matten and Jeremy Moon PART I ORIGINS 1. Donna J. Wood and Jeanne M. Logsdon (2001), ‘Theorising Business Citizenship’ 2. Andrew Crane, Dirk Matten and Jeremy Moon (2008), ‘Corporations as Citizens’ 3. Andrew Crane, Dirk Matten and Jeremy Moon (2008), ‘Corporations as Governments’ 4. Pierre-Yves Néron and Wayne Norman (2008), ‘Citizenship, Inc.: Do We Really Want Businesses to be Good Corporate Citizens?’ PART II DEVELOPING LINKS BETWEEN CITIZENSHIP/POLITICS AND BUSINESS 5. David J. Vogel (1996), ‘The Study of Business and Politics’ 6. Edwin M. Epstein (1973), ‘Dimensions of Corporate Power, 1’ 7. Edwin M. Epstein (1974), ‘Dimensions of Corporate Power, 2’ 8. Jeremy Moon (2002), ‘The Social Responsibility of Business and New Governance’ 9. Engin F. Isin and Bryan S. Turner (2007), ‘Investigating Citizenship: An Agenda for Citizenship Studies’ 10. Andreas Georg Scherer and Guido Palazzo (2007), ‘Toward a Political Conception of Corporate Responsibility: Business and Society Seen from a Habermasian Perspective’ 11. David Anthony Detomasi (2008), ‘The Political Roots of Corporate Social Responsibility’ 12. Colin Crouch (2011), ‘From Corporate Political Entanglement to Corporate Social Responsibility’ 13. Pierre-Yves Néron (2010), ‘Business and the Polis: What Does it Mean to See Corporations as Political Actors?’ 14. John R. Boatright (2011), ‘The Implications of the New Governance for Corporate Governance’ 15. David Sadler and Stuart Lloyd (2009), ‘Neo-liberalising Corporate Social Responsibility: A Political Economy of Corporate Citizenship’ 16. Doreen McBarnet (2007), ‘Corporate Social Responsibility beyond Law, through the Law, for the Law: The New Corporate Accountability’ 17. Timothy L. Fort (1996), ‘Business as Mediating Institution’ PART III CITIZENSHIP AND THE PRIVATE CORPORATION AT THE NATION STATE LEVEL 18. Steven Gerencser (2005), ‘The Corporate Person and Democratic Politics’ 19. Stephen R. Barley (2010), ‘Building an Institutional Field to Corral a Government: A Case to Set an Agenda for Organization Studies’ 20. Saku Mantere, Kalle Pajunen and Juha-Antti Lamberg (2009), ‘Vices and Virtues of Corporate Political Activity: The Challenge of International Business’ 21. Oscar Molina and Martin Rhodes (2002), ‘Corporatism: The Past, Present, and Future of a Concept’ 22. Maria Gjølberg (2009), ‘The Origin of Corporate Social Responsibility: Global Forces or National Legacies’ 23. Daniel T. Ostas (2007), ‘The Law and Ethics of K Street: Lobbying, the First Amendment, and the Duty to Create Just Laws’ 24. David Coen (1999), ‘The Impact of U.S. Lobbying Practice on the European Business-Government Relationship’ 25. Heather Elms and Robert A. Phillips (2009), ‘Private Security Companies and Institutional Legitimacy: Corporate and Stakeholder Responsibility’ PART IV CITIZENSHIP AND THE PRIVATE CORPORATION AT THE TRANSNATIONAL LEVEL 26. John Gerard Ruggie (2004), ‘Reconstituting the Global Public Domain - Issues, Actors, and Practices’ 27. Doris Fuchs (2005), ‘Commanding Heights? The Strength and Fragility of Business Power in Global Politics’ 28. Andreas Georg Scherer and Guido Palazzo (2011), ‘The New Political Role of Business in a Globalized World: A Review of a New Perspective on CSR and its Implications for the Firm, Governance, and Democracy’ 29. Stephen J. Kobrin (2009), ‘Private Political Authority and Public Responsibility: Transnational Politics, Transnational Firms and Human Rights’ 30. Nien-hê Hsieh (2009), ‘Does Global Business Have a Responsibility to Promote Just Institutions?’ 31. David L. Levy and Daniel Egan (2000), ‘Corporate Political Action in the Global Polity: National and Transnational Strategies in the Climate Change Negotiations’ 32. Oren Perez (2011), ‘Private Environmental Governance as Ensemble Regulation: A Critical Exploration of Sustainability Indexes and the New Ensemble Politics’

Read more less

Book SynopsisWomen entrepreneurs command an increasingly large presence at the international and national levels. A significant part of this impact is due to growing numbers of minority women becoming entrepreneurs. This volume provides some of the most comprehensive data to date on the topic of women entrepreneurs across racial lines. It offers a systematic and conceptual framework for understanding issues of network structures and human and financial capital, analyzed through a comparative analysis of minority and white women entrepreneurs. The book begins by looking at the historical and current contributions of women in the labor market, as well as literature related to women entrepreneurs. Subsequent chapters take a critical and in-depth look at white and minority entrepreneurs. Later chapters examine the status of women entrepreneurs in the US, followed by various analyses of their position in the global marketplace. The book concludes with a set of action tools to aid women entrepreneurs as they navigate the road to economic success.Through a well-chosen sample, rich analysis and insightful accounts, Andrea E. Smith-Hunter compellingly details the challenges and opportunities faced by women entrepreneurs in today's marketplace. Government agencies, researchers, entrepreneurs and those involved with the financial aspects of entrepreneurial ventures will find this volume of great interest.Trade Review'One of the strengths of this book lies in the admirable literature reviews throughout the volume. The authors reviews vast amounts of literature on women entrepreneurs, and more specifically, studies involving women minority entrepreneurs. The nature of this task should not be underestimated, given the ever-expanding academic field of entrepreneurship and women's entrepreneurship in particular. I read this book as an academic, and would argue that it is of most use for academics (students and professors), and provides an up-to-date and well-researched portrait of women entrepreneurs in the USA and beyond. . . this book fills an important gap in the literature, not only because there is a growing population of women entrepreneurs, but also because of the growing number of minority women entering entrepreneurship.'Table of ContentsContents: Preface 1. The Rise of Women Entrepreneurs 2. Review of Literature on Women Entrepreneurs 3. Research Design and Methods 4. Overview of Results 5. Human Capital Issues 6. Network Structure Issues 7. Financial Capital Issues 8. The State of Women Entrepreneurs in the United States 9. The State of Women Entrepreneurs in the Global Marketplace 10. Conclusion References Index

Read more less

Book SynopsisThis 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.Trade Review'This book is certainly an extremely useful working tool. . .' -- Manuela Mosca, History of Economic Ideas'. . . 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, USTable of ContentsContents: Introduction to the Pioneers and the Issues William G. Shepherd and Henry W. de Jong PART I: MARKET THEORY AND ITS PIONEERS IN EUROPE 1. Introduction to Market Theory and its European Pioneers Henry W. de Jong 2. Market Theory in Europe Henry W. de Jong A. Adam Smith (1723–1790) Henry W. de Jong 3. Economists from the German Language Area (Nineteenth and Twentieth Centuries) Henry W. de Jong A. Heinrich von Stackelberg (1905–1946) Peter Oberender and Thomas Rudolf B. Ernst Heusz (1922–) Peter Oberender and Thomas Rudolf C. Erich Hoppmann (1923–) Peter Oberender and Thomas Rudolf D. Erhard Kantzenbach (1931–) Peter Oberender and Thomas Rudolf 4. Market Theory in the Low Countries Henry W. de Jong A. Henk Wilm Lambers (1916–2004) Henry W. de Jong 5. French Political Economy about Industrial Matters Jacques De Bandt A. Jean-Baptiste Say (1767–1832) Jacques De Bandt B. François Perroux (1903–1987) Jacques De Bandt 6. Industrial Economics in Italy Patrizio Bianchi 7. The Contributions of Three English Economists to the Development of Industrial Economics Michael A. Utton A. Alfred Marshall (1842–1924) Henry W. de Jong 8. Industrial Economics in Scandanavia, 1880–1980 Nicolai J. Foss and Peter Møllgaard PART II: PIONEERS OF THE FIELD IN THE USA AND CANADA 9. Introduction to the Pioneers in North America William G. Shepherd SECTION 1 INDIVIDUAL PIONEERS IN THE USA AND CANADA 10. To the 1930s A. Charles Ellet Jr F.M. Scherer B. Henry Carter Adams Harry M. Trebing C. John Bates Clark John Howard Brown D. Jeremiah Whipple Jenks John Howard Brown E. John Maurice Clark William L. Baldwin F. George Ward Stocking Willard F. Mueller G. Martin G. Glaeser Harry M. Trebing 11. The 1930s A. Gardiner C. Means John Howard Brown B. Edward Hastings Chamberlin William L. Baldwin C. James C. Bonbright Harry M. Trebing D. Harold Hotelling John Howard Brown E. Edward S. Mason William G. Shepherd 12. The 1940s and 1950s A. Joseph A. Schumpeter F.M. Scherer B. Morris A. Adelman William G. Shepherd C. John Kenneth Galbraith William G. Shepherd D. Alfred E. Kahn William G. Shepherd E. Walter Adams James A. Brock F. Joe S. Bain Richard E. Caves G. Willard Fritz Mueller Bruce Marion H. Carl Kaysen William G. Shepherd I. Donald F. Turner William G. Shepherd J. George Joseph Stigler Sam Peltzman K. William Jack Baumol Stephen Martin L. John Robert Meyer John C. Spychalski 13. The 1960s to the Mid-1980s A. Richard E. Caves William S. Comanor B. Leland L. Johnson William G. Shepherd C. Leonard W. Weiss F.M. Scherer D. Jacob Schmookler F.M. Scherer E. Frederic M. Scherer John E. Kwoka F. William G. Shepherd John Howard Brown G. Harvey J. Leibenstein W.G. Shepherd H. William S. Comanor William G. Shepherd I. Oliver E. Williamson William G. Shepherd J. Harold Demsetz William G. Shepherd K. Paul W. MacAvoy William G. Shepherd L. Harry M. Trebing William G. Shepherd M. Dennis Cary Mueller Stephen Martin N. Roger G. Noll William G. Shepherd O. Sam Peltzman William G. Shepherd P. Richard Schmalensee William G. Shepherd Q. A. Michael Spence F.M. Scherer R. Robert D. Willig William G. Shepherd S. Joseph E. Stiglitz F.M. Scherer Index

Read more less

Book SynopsisThis pathbreaking book addresses the economics of technological change as revealed by a unique methodology that uncovers the true nature of technological development. Masaaki Hirooka bases this new approach to the economics of technological change on the recognition of the nonlinear dynamic nature of innovation. In order to provide a richer understanding of technological development, the book focuses on the period of innovation prior to market launch, grounding the analysis within a distinct innovation paradigm. This is expressed using three logistic trajectories - technology, development and diffusion - which make it possible to interpret and better understand technology foresight, infrastructure formation, long business cycles and national innovation systems. The author emphasizes the importance of the timing of innovation commitment, knowledge transfer between and within these trajectories, and the evolutionary character of innovation.Those with an interest in economics, macroeconomics, technological change and evolutionary economics will find this book to be a highly stimulating and fascinating read.Trade Review'I think this book is a great achievement. It is packed with useful information and thought-provoking analysis and discussion. The work on technological development is, especially, a very valuable original contribution to the work in this field. The book illuminates the technological trajectory so often ignored by economists, but which underlies Schumpeter's 'clusters' of innovations, and the emphasis on trunk innovations and analysis of their role is of particular interest.' -- Christopher Freeman, SPRU - Science and Technology Policy Research, University of Sussex, UK and Maastricht University, The NetherlandsTable of ContentsContents: Preface 1. Nonlinear Dynamism of Innovation: Executive Summary Part I: Diffusion of Innovation and Economic Growth 2. Dynamics of Product Diffusion and Economic Development 3. Kondratiev Business Cycles and Innovation Dynamism 4. Sequence of Bubble, Crash and Depression 5. Trunk Innovations and Institutional Change Part II: Dynamics of Technological Development and Emergence of New Industries 6. Technological Development and the Innovation Paradigm 7. Comprehensive Description of the Innovation Paradigm and the Role of the Development Trajectory 8. National Systems of Innovation and Industrial Competitiveness 9. Technology Fusion and the Evolution of Innovation Paradigms Part III: Nonlinear Dynamics of Innovation and Knowledge Transfer 10. Knowledge Transfer and Complexity in Innovation Systems 11. Technology Foresight and Long-Term Perspectives Part IV: New Insights into the Economics of Technological Change 12. Nonlinear Dynamics of Economic Development Bibliography Index

Read more less

Book SynopsisThis comprehensive Handbook provides a survey of all the major research areas in sports economics written by almost all of the active researchers in this field. It offers not only an accessible insight into the major findings of the literature but also presents some of the world's principal researchers' views on the unanswered questions that face us today. Issues covered include: sport in the economy the demand for sport cost-benefit analysis of sportvsporting governance and the state individualistic sports team sports dysfunctions in sport including discrimination, doping and corruption. It is an indispensable guide to one of the most lively and rapidly evolving fields of economics.Trade Review'The editors should be commended for taking on such a big task, and succeeding so well. This book should be in the library of every institution where students have to write a paper that may be related to sport, or on the shelf of any lecturer teaching economics or public finance who has even a remote interest in sport. The material is very accessible, and useful in many different settings.' -- Ruud H. Koning, Jahrbucher f. Nationalokonomie u. Statistik'Edward Elgar's brilliant market niche is identifying a topic in economics, finding editors who know the area backwards and challenging them to assemble the best cross-section of relevant articles either already published or newly commissioned. Handbook on the Economics of Sport is Edward Elgar at its very best. If you love economics you'll find many fascinating insights here; if you love sport but know little economics then this book is mostly accessible and will teach you a lot; and if you are a sports-mad economist then you will be in hog heaven. Furthermore, if, like this reviewer, you are broadly very sceptical about the reports consultants produce for governments on the supposed economic windfall from hosting a big event or subsidising a stadium then you will get a lot of good counter-arguments in this volume. Indeed there are several chapters on the above theme that I'm sure I'll be copying frequently to government officials in years to come. . . The demand for sport is a fascinating subject and it is hard to pick out just one chapter from the second section. Read them all - they make a wonderful 65-page treat. . . Part VI was a real feast, a smorgasbord. . . This is a magnificent piece of work and the 36-page index rounds it all off splendidly.' -- John Blundell, Economic Affairs'The book covers the most important areas of research of an emerging economic sub-discipline spanning the past half a century. It serves admirably the purpose of an introduction into the rich and growing area of reflection for all concerned. . . the editors and authors of the Handbook have done a commendable job of accumulating sophisticated material for many economists, managers, politicians and self-conscious fans, who are sure to find excellent training ground for the whole heptathlon. . . This book will be invaluable for advanced students investigating professional sport. From the point of view of lawyers, particularly those engaged with the relationship between law and sports governance, the Handbook offers invaluable analysis of the economic issues that are alluded to in those debates but rarely examined in detail. . . These insights will also prove useful for policy analysts and sports administrators for whom many sections should be considered mandatory reading.' -- Aleksander Sulejewicz, Journal of Contemporary European Research'Over 800 pages on the economics of sport. What a feast! What a treat! The editors have done a wonderful job both in terms of breadth - from David Beckham to child labour in Pakistan - and depth, tournaments and luxury taxes for example. . . The 86 chapters are uniformly of a very high standard and illuminating. And there are real gems in some of the contributions.' -- British Journal on the Economics of SportTable of ContentsContents: Introduction: Sport and Economics Wladimir Andreff and Stefan Szymanski PART I: SPORT IN THE ECONOMY 1. Sports Accounting Wladimir Andreff 2. The Production of Professional Team Sports Jeff Borland 3. The Sports Goods Industries Wladimir Andreff 4. Sport and Gambling David Forrest 5. Sponsorship Claude Jeanrenaud 6. International Trade in Sports Goods Wladimir Andreff PART II: DEMAND FOR SPORT 7. The Demand for Sport Jean-Jacques Gouguet 8. The Demand for Spectator Sports Rob Simmons 9. Attendance at Sports Events Patrick Feehan 10. The Demand for Sports Broadcasting Babatunde Buraimo 11. The Demand for Media Coverage Frédéric Bolotny and Jean-François Bourg PART III: COST–BENEFIT ANALYSIS OF SPORT 12. Economic Impact Analysis Victor Matheson 13. Physical Activity, Sport and Health Jean-François Nys 14. Employment in Sport Didier Primault 15. Sporting Externalities Jean-Jacques Gouguet and Eric Barget 16. The Economic Impact of Mega-sporting Events Robert A. Baade 17. The Olympics Holger Preuss 18. The World Cup Markus Kurscheidt 19. The Economic Impact of Sporting Facilities Brad R. Humphreys 20. Voluntary Work in Sport Wladimir Andreff PART IV: SPORTING GOVERNANCE AND THE STATE 21. Governance and Governing Bodies in Sport Thomas Hoehn 22. The Economics of the IOC Jean-Loup Chappelet 23. Government Objectives and Sport Barrie Houlihan 24. Central Government and Sport Jean-François Nys 25. Sport and Financing Wladimir Andreff 26. Military Sport Jean-François Nys 27. Local Government and Regional Development in Sport Carlos Pestana Barros 28. The European Model of Sport Peter J. Sloane 29. The Anglo-American Model of Sport Stefan Szymanski 30. Sport in Developing Countries Wladimir Andreff 31. Soviet and Post-Soviet Sport Sandrine Poupaux 32. International Labour Migration Wladimir Andreff 33. Comparative Advantage of Nations Wladimir Andreff PART V: INDIVIDUALISTIC SPORTS 34. The Theory of Tournaments Stefan Szymanski 35. Implications from the Theory of Contests for Modelling and Designing Sports Competitions Gerd Muehlheusser 36. Citius, Altius, Fortius: The Production of World Records in the Running and Technical Disciplines in Track and Field Bernd Frick, Joachim Prinz and Frank Tolsdorf 37. On the Competitive Structure in Professional Boxing, Or Why the Best Boxers Very Seldom Fight Each Other Rafael Tenorio 38. Golf Chantelle Bramley 39. The Economics of British Horseracing Wray Vamplew 40. The Economics of Collegiate Athletics Karl W. Einolf 41. The Economics of US Intercollegiate Sports and the NCAA Robert Sandy 42. The Economics of Cycling Michel Desbordes 43. Extreme Sports (Climbing and Mountaineering) Gilles Rotillon 44. The Economics of Tennis Eric Barget PART VI: TEAM SPORTS 45. The Development of Team Sports Before 1914 Wray Vamplew A. The Economics of Professional Sports and Leagues 46. Organisational Models of Professional Team Sports Leagues Andrew Zimbalist 47. Baseball Economics Stefan Szymanski 48. The Economics of Soccer John Goddard 49. Football in England Stefan Szymanski 50. The State of the Italian Football Industry Umberto Lago 51. The Economics of Soccer in Spain Jaume García and Plácido Rodríguez 52. Football in Germany Bernd Frick 53. Football in France Frédéric Bolotny 54. American Football Michael Leeds 55. Labour Economics on the Hardwood: the NBA David J. Berri 56. European Professional Basketball in Crisis, 1992–2002 Didier Primault 57. Ice Hockey Marc Lavoie 58. The Economic Development of the Australian Football League Ross Booth 59. Rugby: Strategy and Structure John McMillan 60. The Economics of Professional Rugby Pierre Chaix 61. The Economics of Cricket Ian Preston B. Principal Economic Issues 62. Uncertainty of Outcome, Competitive Balance and the Theory of Team Sports Stefan Szymanski 63. The Objective Function of a Team Stefan Késenne 64. Production Functions for Sporting Teams Jeff Borland 65. Revenue Sharing Stefan Szymanski 66. The Reserve Clause in Major League Baseball Lawrence Hadley 67. The Retain and Transfer System Dennis Thomas 68. The Bosman Case and European Football Stefan Késenne 69. The Reverse-Order-of-Finish Draft in Sports Leo H. Kahane 70. Chasing the Elusive Salary Cap Daniel R. Marburger 71. The Luxury Tax in Professional Sports Elizabeth Gustafson 72. ‘At the Top Table’: Player Unions in Soccer Braham Dabscheck 73. The Player Transfer System in Soccer Fiona Carmichael 74. Player Agents Daniel S. Mason 75. The Promotion and Relegation System Stefan Szymanski 76. Team Sports and Finance Wladimir Andreff 77. Inelastic Sports Pricing at the Gate? A Survey Rodney Fort 78. Financial Innovation in Professional Team Sports: The Case of English Premiership Soccer Bill Gerrard 79. Collective Selling of Broadcast Rights in Team Sports Susanne Parlasca 80. The Sporting Exception and the Legality of Restraints in the US Stefan Szymanski 81. The Specificity of Sport and the European Community Law: The Example of Nationality Jean-Christophe Breillat and Frank Lagarde 82. Sport and Globalisation: Sport as a Global Public Good Jean-François Bourg and Jean-Jacques Gouguet PART VII: DYSFUNCTIONS IN SPORT 83. Racial Discrimination Neil Longley 84. Gender Discrimination Brad R. Humphreys 85. Doping Nicolas Eber 86. Corruption Wolfgang Maennig Index

Read more less

Book SynopsisRecent research on the economics of innovation has acknowledged the importance of path dependence and networks in the evolution of economies and the diffusion of new techniques, products, and processes. These are topics pioneered by Paul A. David, one of the world's leading scholars in the economics of innovation. This outstanding collection provides a fitting tribute to the diversity and depth of Paul David's contributions. The papers included range from simulation models of the evolution of market structure in the presence of innovation, through historical investigations of knowledge networks and empirical analysis of contemporary networks, to the analysis of the diffusion of innovations using simulation and analytic models and of the diffusion of knowledge using patent data.With an emphasis on simulation models, data analysis, and historical evidence, this book will be required reading for researchers in innovation economics and regional development as well as economists, sociologists, and historians of innovation and intellectual property.Trade Review'This Festschrift explores the truly exceptional breadth and depth of Paul David's work, focusing upon his contributions to the topics of path dependence, the economics of knowledge, and the diffusion of technology. The book consists of 15 papers plus an introduction by the editors and an entertaining postscript by Dominique Foray. . . For economic historians, the papers on path dependence assembled in this book, and particularly the conceptual paper by Antonelli, should be essential reading.' -- Nikolaus Wolf, Economic History ReviewTable of ContentsContents: Part I: General Introduction 1. The Economics of Innovation between Anabasis and Katabasis Cristiano Antonelli, Dominique Foray, Bronwyn H. Hall and W. Edward Steinmueller Part II: Path Dependence in Technical Change 2. Competing Technologies, Technological Monopolies and the Rate of Convergence to a Stable Market Structure Andrea P. Bassanini and Giovanni Dosi 3. Path Dependence, Localised Technological Change and the Quest for Dynamic Efficiency Cristiano Antonelli 4. A History-Friendly Model of Innovation, Market Structure and Regulation in the Age of Random Screening of the Pharmaceutical Industry Franco Malerba and Luigi Orsenigo 5. Path Dependence and Diversification in Corporate Technological Histories John Cantwell 6. Is the World Flat or Round? Mapping Changes in the Taste for Art G.M. Peter Swann 7. Waves and Cycles: Explorations in the Pure Theory of Price for Fine Art Robin Cowan Part III: The Economics of Knowledge 8. Learning in the Knowledge-based Economy: The Future as Viewed from the Past W. Edward Steinmueller 9. The Economics of Open Technology: Collective Organisation and Individual Claims in the ‘Fabrique Lyonnaise’ During the Old Regime Dominique Foray and Liliane Hilaire Perez 10. Measurement and Explanation of the Intensity of Co-publication in Scientific Research: An Analysis at the Laboratory Level Jacques Mairesse and Laure Turner 11. Epistemic Communities and Communities of Practices in the Knowledge-based Firm Patrick Cohendet and Ash Amin 12. Markets for Technology: ‘Panda’s Thumbs’, ‘Calypso Policies’ and Other Institutional Considerations Ashish Arora, Andrea Fosfuri and Alfonso Gambardella 13. The Key Characteristics of Sectoral Knowledge Bases: An International Comparison Stefano Brusoni and Aldo Geuna Part IV: The Diffusion of New Technologies 14. Uncovering General Purpose Technologies with Patent Data Bronwyn H. Hall and Manuel Trajtenberg 15. Equilibrium, Epidemic and Catastrophe: Diffusion of Innovations with Network Effects Luís M.B. Cabral 16. Technological Diffusion under Uncertainty: A Real Options Model Applied to the Comparative International Diffusion of Robot Technology Peter Stoneman and Otto Toivanen Part V: Postscript 17. An Appreciation of Paul David’s Work Dominique Foray Index

Read more less

Book SynopsisClustering as an economic policy concern has become increasingly fashionable. The authors of this book shed light on this subject of which there remains remarkably little understanding, and even less agreement, regarding what clusters are, what they require for success and what impacts they are likely to have in different contexts, locally, nationally and globally. Clusters and Globalisation brings together scholars with different perspectives and theoretical groundings, and from different disciplines, to consider conceptual arguments and case study material. In doing so the volume identifies key characteristics and requirements of the forms of cluster that are especially significant for the attainment of economic success in a globalising world. This unique critical analysis of clusters in the framework of globalisation will strongly appeal to students and academics with an interest in economic development, public policy and globalisation. The book will also be of great interest to researchers in policy agencies concerned with local economic development and the design of cluster policies.Trade Review'This book offers a rich mix of conceptual perspectives that reflect the wide conceptual and theoretical interest in clusters. . . The book is a valuable contribution to the cluster debate, able to offer critical insights of interest for both academic researchers and economic development bodies concerned with the design of cluster policies.' -- Elvira Uyarra, Science and Public PolicyTable of ContentsContents: Foreword: Furthering the Aims and Objectives of L’institute Roger Sugden and James R. Wilson 1. Introduction Christos Pitelis, Roger Sugden and James R. Wilson 2. A Conceptual Framework for Firm Cooperation and Clusters, and their Impact on Productivity Christos Pitelis and Anastasia Pseiridis 3. Clusters, Governance and the Development of Local Economies: A Framework for Case Studies Roger Sugden, Ping Wei and James R. Wilson Appendix: The Development of Local Economies and the Possible Impact of Public Policy: A Framework for Case Studies J. Robert Branston, Lauretta Rubini, Silvia Sacchetti, Roger Sugden, Ping Wei and James R. Wilson 4. A Perspective on Clusters, Localities and Specific Public Goods Marco Bellandi 5. Knowledge and Clusters Nick Henry and Steven Pinch 6. FDI, Clusters and Knowledge Sourcing Lisa De Propris and Nigel Driffield 7. The Institutional Dynamics at Work in Territories: Between Local Governance and Global Regulation Jean-Pierre Gilly and Jacques Perrat 8. Local Clusters, Trust, Confidence and Proximity Claude Dupuy and André Torre 9. Clustering of Productive Activities: A Terrain for Employment Relations Miriam Quintana and Valeria Pulignano 10. Cluster Trajectories in Developing Countries: A Stage and Eclectic Approach Applied to Survival Clusters in Central America Mario Davide Parrilli 11. Globalisation, Governance and Clusters: North Staffordshire Ceramic and Prato Textile Industries Silvia Sacchetti and Philip R. Tomlinson 12. The Policy Process: Clusters versus Spatial Networks in the Basque Country Mari Jose Aranguren, Miren Larrea and Itziar Navarro 13. Is Distance Dead? High-Tech Clusters, Analysis and Policy Perspectives Marco R. Di Tommaso, Daniele Paci, Lauretta Rubini and Stuart O. Schweitzer Index

Read more less

Book SynopsisThis unique and original Dictionary presents a fully inclusive compilation of foundational concepts, models, methodologies, and applications in the field of industrial organization. It encompasses myriad facets of the topics, from its early days of conception through to modern theoretical and empirical methodologies.The Dictionary balances concise explanation with comprehensive coverage, incorporating concepts such as the structure-conduct-performance paradigm, the development of the theory of the firm, the foundational contributions of game theory and models of strategic interaction. More recent advances in organization theory and managerial economics are also included, as well as current advances in econometrics as applied to industrial organization, and applications to regulation and antitrust analysis.The Dictionary of Industrial Organization will prove an indispensable reference tool for anyone involved with industrial economics at any level, including academics, researchers, students, consultants and practitioners.Trade Review’From Abatement to Zone pricing, the reader will find here succinctly yet rigorously defined every concept the IO literature has used in the recent years. The natural place for this book is in the reference section of the library, and teachers of courses in IO, Industrial Economics, Imperfect markets and so on will find that placing it into the reading list will ensure students are in a position not to misuse technical language with very little effort. To sum up, this is an essential text, in both meanings of the word: it captures the essence of the discipline, and it will be indispensable to its practitioners.’ -- Gianni De Fraja, University of Nottingham, UK and University of Rome 'Tor Vergata', Italy’The entries of the dictionary encompass the development of the field of industrial organization, from its origins with the industry-centric structure-conduct-performance paradigm through the much more firm-centric approach of game theory and insights drawn from contract theory, with its emphasis on the incentives facing individuals. It also touches on the development of empirical methods and the symbiotic relation between industrial organization and antitrust/regulatory policy. The entries that follow expand on this introduction, placing specific industrial organization topics and concepts in the context of the field.’ -- Stephen Martin, Purdue University, US’[A]n extremely useful reference - an especially valuable resource for practitioners and policymakers in antitrust, and in industrial organization more generally.’ -- Paul Klemperer, University of Oxford, UK and former Member, UK Competition CommissionTable of ContentsContents: Introduction Dictionary of Industrial Organization

Read more less

Book Synopsis'. . . the volume constitutes an important collection, which portrays the evolution of the Phillips Curve and the potency of policy debates in a single canvas in an elegant and comprehensive manner. The gaps that seem to have remained may be remedied by the editors in the form of a companion volume discussing open economies and global interdependence. The production quality and editing of the book are also excellent. . .'- Biswajit Chatterjee, Indian Society of Labour Economics This authoritative three-volume collection provides a comprehensive anthology of many of the most important and influential articles written since the publication of Phillips' 1958 study - the most-cited macroeconomic paper published in the 20th century. Along with an original introduction by the editors, the papers evaluate the original contribution and place it in its historical context. The works also discuss the strengths and weaknesses of the New Classical critique and the expectations augmented Phillips Curve that resulted from it, and critique the part played by the 'New Keynesian Phillips Curve' in the New neo-Classical Synthesis that has emerged in macroeconomics. This indispensable volume will be of immense value to students, scholars and practitioners interested in the field of economics, and the Phillips Curve in particular.Trade Review‘. . . the volume constitutes an important collection, which portrays the evolution of the Phillips Curve and the potency of policy debates in a single canvas in an elegant and comprehensive manner. The gaps that seem to have remained may be remedied by the editors in the form of a companion volume discussing open economies and global interdependence. The production quality and editing of the book are also excellent.’ -- Biswajit Chatterjee, Indian Society of Labour EconomicsTable of ContentsContents: Volume I Acknowledgements Introduction Essay: The History, Significance and Policy Context of the Phillips Curve Richard G. Lipsey and William Scarth PART I PRECURSORS 1. Thomas M. Humphrey (1985), ‘The Early History of the Phillips Curve’ 2. Irving Fisher (1926), ‘A Statistical Relation between Unemployment and Price Changes’ PART II THE ORIGINAL PHILLIPS CURVE AND ITS CRITICS 3. A.W. Phillips (1958), ‘The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861–1957’ 4. Richard G. Lipsey (2010), ‘The Phillips Curve’ 5. K.G.J.C. Knowles and C.B. Winsten (1959), ‘Can The Level of Unemployment Explain Changes in Wages?’ 6. Guy Routh (1959), ‘The Relation Between Unemployment and the Rate of Change of Money Wage Rates: A Comment’ 7. Richard G. Lipsey (1960), ‘The Relation between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1862–1957: A Further Analysis’ 8. James M. Holmes and David J. Smyth (1970), ‘The Relation between Unemployment and Excess Demand for Labour: An Examination of the Theory of the Phillips Curve’ 9. Richard G. Lipsey (1974), ‘The Micro Theory of the Phillips Curve Reconsidered: A Reply to Holmes and Smyth’ 10. Nancy J. Wulwick (1996), ‘Two Econometric Replications: The Historic Phillips and Lipsey-Phillips Curves’ PART III FURTHER U.K. STUDIES 11. L.A. Dicks-Mireaux and J.C.R. Dow (1959), ‘The Determinants of Wage Inflation: United Kingdom, 1946-56’ and ‘Discussion on Paper’ 12. L.R. Klein and R.J. Ball (1959), ‘Some Econometrics of the Determination of Absolute Prices and Wages’ 13. John H. Pencavel (1971), ‘A Note on the Comparative Predictive Performance of Wage Inflation Models of the British Economy’ 14. S.G.B. Henry, M.C. Sawyer and P. Smith (1976), ‘Models of Inflation in the United Kingdom: An Evaluation’ 15. D.I. MacKay and R.A. Hart (1974), ‘Wage Inflation and the Phillips Relationship’ PART IV FITS TO U.S. DATA 16. Paul A. Samuelson and Robert M. Solow (1960), ‘Analytical Aspects of Anti-Inflation Policy’ 17. G.L. Perry (1964), ‘The Determinants of Wage Rate Changes and the Inflation-Unemployment Trade-off for the United States’ 18. William G. Bowen and R. Albert Berry (1963), ‘Unemployment Conditions and Movements of the Money Wage Level’ 19. Otto Eckstein and Thomas A. Wilson (1962), ‘The Determination of Money Wages in American Industry’ 20. Jim Taylor (1970), ‘Hidden Unemployment, Hoarded Labor, and the Phillips Curve’ 21. J.C.R. Rowley and D.A. Wilton (1973), ‘The Empirical Sensitivity of the Phillips Curve’ PART V THE LOOPS 22. Edward A. Kuska (1966), ‘The Simple Analytics of the Phillips Curve’ 23. G.C. Archibald, Robyn Kemmis and J.W. Perkins (1974), ‘Excess Demand for Labour, Unemployment and the Phillips Curve: A Theoretical and Empirical Study’ 24. A.P. Thirlwall (1969), ‘Demand Disequilibrium in the Labour Market and Wage Rate Inflation in the United Kingdom (1)’ 25. David J. Smyth (1979), ‘Unemployment Dispersion and the Phillips Loops: A Direct Test of the Lipsey Hypothesis’ PART VI PHILLIPS CURVE AS AN EXPLICIT MENU OF CHOICE 26. G.L. Reuber (1964), ‘The Objectives of Canadian Monetary Policy, 1949-61: Empirical “Trade-Offs” and the Reaction Function of the Authorities’ 27. David Laidler (1997), ‘The Emergence of the Phillips Curve as a Policy Menu’ 28. Robert Leeson (1997), ‘The Trade-Off Interpretation of Phillips’s Dynamic Stabilization Exercise’ PART VII ALTERNATIVE INTERPRETATIONS 29. Richard G. Lipsey and M.D. Steuer (1961), ‘The Relation between Profits and Wage Rates’ 30. E. Kuh (1967), ‘A Productivity Theory of Wage Levels – An Alternative to the Phillips Curve’ 31. Meghnad Desai (1975), ‘The Phillips Curve: A Revisionist Interpretation’ 32. C.L. Gilbert (1976), ‘The Original Phillips Curve Estimates’ Volume II Acknowledgements An introduction to all three volumes by the editors appears in Volume I PART I EXPECTATIONS OF INFLATION – THE FRIEDMAN-PHELPS CRITIQUE 1. Milton Friedman (1968), ‘The Role of Monetary Policy’ 2. Edmund S. Phelps (1967), ‘Phillips Curves, Expectations of Inflation and Optimal Unemployment Over Time’ 3. Edmund S. Phelps (1968), ‘Money-Wage Dynamics and Labor-Market Equilibrium’ 4. Milton Friedman (1977), ‘Nobel Lecture: Inflation and Unemployment’ PART II REACTIONS TO THE CRITIQUE 5. Robert E. Lucas, Jr. and Leonard A. Rapping (1969), ‘Price Expectations and the Phillips Curve’ 6. James Tobin (1972), ‘Inflation and Unemployment’ 7. Gordon Tullock (1972), ‘Can You Fool All of the People All of the Time? A Comment’ 8. James Tobin and Leonard Ross (1972), ‘A Reply to Gordon Tullock’ 9. Robert E. Lucas, Jr. (1972), ‘Econometric Testing of the Natural Rate Hypothesis’ 10. Robert E. Lucas and Thomas J. Sargent (1978), ‘After Keynesian Macroeconomics (including discussion by Benjamin M. Friedman and response and rebuttal by Robert E. Lucas and Thomas J. Sargent)’ 11. Robert M. Solow (1978), ‘Summary and Evaluation’ 12. Arthur M. Okun (1978), ‘Efficient Disinflationary Policies’ 13. Edmund Phelps (1995), ‘The Origins and Further Development of the Natural Rate of Unemployment’ 14. James Tobin (1995), ‘The Nature Rate as New Classical Macroeconomics’ 15. Robert E. Lucas, Jr. (1996), ‘Nobel Lecture: Monetary Neutrality’ PART III EMPIRICAL EVALUATION OF FOUR EMERGING CONCEPTS: THE ACCELERATIONIST PROPOSITION, THE LUCAS CRITIQUE, THE SACRIFICE RATIO AND THE NAIRU 16. Thomas J. Sargent (1971), ‘A Note on the “Accelerationist” Controversy’ 17. John B. Taylor (1979), ‘Estimation and Control of a Macroeconomic Model with Rational Expectations’ 18. George S. Alogoskoufis and Ron Smith (1991), ‘The Phillips Curve, the Persistence of Inflation, and the Lucas Critique: Evidence from Exchange- Rate Regimes’ 19. Laurence Ball (1994), ‘What Determines the Sacrifice Ratio?’ 20. Jeffrey C. Fuhrer (1995), ‘The Phillips Curve is Alive and Well’ 21. Laurence Ball and N. Gregory Mankiw (2002), ‘The NAIRU in Theory and Practice’ PART IV GENERAL ASSESSMENT AFTER THE EXPECTATIONS CRITIQUE 22. Anthony M. Santomero and John J. Seater (1978), ‘The Inflation-Unemployment Trade-off: A Critique of the Literature’ 23. Robert J. Gordon (1990), ‘What is New-Keynesian Economics?’ 24. Robert G. King and Mark W. Watson (1994), ‘The Post-War U.S. Phillips Curve: A Revisionist Econometric History’ 25. Charles L. Evans (1994), ‘The Post-War U.S. Phillips Curve: A Comment’ 26. Bennett T. McCallum (1994), ‘Identification of Inflation-Unemployment Tradeoffs in the 1970s: A Comment’ 27. Robert G. King and Mark W. Watson (1994), ‘Rejoinder to Evans and McCallum’ 28. Paul Beaudry and Matthew Doyle (2000), ‘What Happened to the Phillips Curve in the 1990s in Canada?’, Steven James and Jeffrey Fuhrer ‘Discussion’ and ‘General Discussion’ Volume III Acknowledgements An introduction to all three volumes by the editors appears in Volume I PART I THE PHILLIPS CURVE AS AN ANSWER TO FRIEDMAN’S MISSING EQUATION IN A COMPLETE MACRO MODEL 1. A.W. Phillips (1954), ‘Stabilisation Policy in a Closed Economy’ 2. Richard G. Lipsey (1978), ‘The Place of the Phillips Curve in Macroeconomic Models’ 3. Bennett T. McCallum (1987), ‘The Development of Keynesian Macroeconomics’ 4. Alan S. Blinder (1987), ‘Keynes, Lucas, and Scientific Progress’ 5. Richard G. Lipsey (2000), ‘IS-LM, Keynesianism, and the New Classicism’ PART II SOME STABILIZATION POLICY IMPLICATIONS OF THE EXPECTATIONS-AUGMENTED PHILLIPS CURVE: MONETARY POLICY RELEVANCE, DYNAMIC CONSISTENCY AND THE VOLITILITY TRADE-OFF 6. Stanley Fischer (1977), ‘Long-Term Contracts, Rational Expectations and the Optimal Money Supply Rule’ 7. Edmund S. Phelps and John B. Taylor (1977), ‘Stabilizing Powers of Monetary Policy under Rational Expectations’ 8. Stephen J. Turnovsky (1984), ‘Rational Expectations and the Theory of Macroeconomic Policy: An Exposition of Some of the Issues’ 9. Alex Cukierman (1986), ‘Central Bank Behavior and Credibility: Some Recent Theoretical Developments’ 10. John B. Taylor (1994), ‘The Inflation/Output Variability Trade-off Revisited (including ‘Discussion’ by Lawrence M. Ball)’ 11. Michael Parkin (2000), ‘What Have We Learned About Price Stability?’, Peter Howitt, ‘Discussion’, W. Craig Riddell, ‘Discussion’, and Kim McPhail, ‘General Discussion’ 12. Marvin Goodfriend (2004), ‘Monetary Policy in the New Neoclassical Synthesis: A Primer’ 13. Jeffrey M. Lacker and John A. Weinberg (2007), ‘Inflation and Unemployment: A Layperson’s Guide to the Phillips Curve’ PART III THE NEW NEO-CLASSICAL SYNTHESIS: MORE MICRO-FOUNDATIONS FOR THE PHILLIPS CURVE 14. Guillermo A. Calvo (1983), ‘Staggered Prices in a Utility-Maximizing Framework’ 15. N. Gregory Mankiw (2001), ‘The Inexorable and Mysterious Tradeoff Between Inflation and Unemployment’ 16. Jordi Galí (2000), ‘The Return of the Phillips Curve and Other Recent Developments in Business Cycle Theory’ 17. Michael T. Kiley (2002), ‘Partial Adjustment and Staggered Price Setting’ 18. N. Gregory Mankiw and Ricardo Reis (2003), ‘Sticky Information: A Model of Monetary Nonneutrality and Structural Slumps’ 19. Richard Dennis (2007), ‘Fixing the New Keynesian Phillips Curve’ 20. Michael Woodford (2007), ‘Interpreting Inflation Persistence: Comments on the Conference on “Quantitative Evidence on Price Determination”’ 21. Mark Gertler and John Leahy (2008), ‘A Phillips Curve with an Ss Foundation’ PART IV THE NEW NEO-CLASSICAL SYNTHESIS: THE ONGOING EMPIRICAL TESTING OF THE PHILLIPS CURVE 22. John M. Roberts (1995), ‘New Keynesian Economics and the Phillips Curve’ 23. Jeff Fuhrer and George Moore (1995), ‘Inflation Persistence’ 24. Jeremy Rudd and Karl Whelan (2007), ‘Modeling Inflation Dynamics: A Critical Review of Recent Research’ 25. Luca Benati (2008), ‘Investigating Inflation Persistence Across Monetary Regimes’ 26. Jean-Marie Dufour, Lynda Khalaf and Maral Kichian (2006), ‘Inflation Dynamics and the New Keynesian Phillips Curve: An Identification Robust Econometric Analysis’ 27. Andreas Hornstein (2007), ‘Evolving Inflation Dynamics and the New Keynesian Phillips Curve’

Read more less

Book SynopsisThe rise of Asia as an important region for global business has been widely recognized as one of the most significant economic phenomena in the new millennium. This accessible and comprehensive Handbook brings together state-of-the-art reviews of Asian business in an expansive range of areas including: business organizations strategic management marketing state-business relations business and development business policy issues. It is argued that whilst academic studies on Asian business have been in existence for over two decades, there is relatively little systematic integration of our knowledge and research on Asian business. The contributors, drawn from a variety of disciplines within the social sciences, aim to redress the balance with their lively, cutting-edge discussion.Serving as a timely overview of more than two decades of scholarly research, this Handbook will be an essential resource for academics, students and researchers interested in Asian business.Trade Review'This volume is excellent. Students who are interested in Asian business should read it and will find the comprehensive bibliography offered by the different contributors very helpful. In light of the recent global financial crises, it is time to re-examine the "Asian miracles," as well as the Western models of business organizations and regulations. This volume offers great insights not just on Asian business but also on Western economies and business. It is also time to adopt an integrative approach recommended by Yeung through comparative research of businesses and economies in different institutions and cultures.' -- Yifei Sun, Economic Geography'An absolute "must-have" for college library reference shelves, filled cover-to-cover with keen analyses that any businessperson seeking to make inroads in an Asian market needs to study at length!' -- Midwest Book Review'This book serves as an important guide to the many fascinating research questions about Asian business waiting to be addressed. The study of Asian business has reached equality in importance to the study of business in Europe and North America. Researchers who study any of these regions have an incentive to follow the study of business in the other regions, if for no other reason than that many global firms from each region operate in all regions now. Nonetheless, the more important reason for knowledge transfer among researchers of each region is that these exchanges can only advance everyone's research. Henry Yeung and the contributors are to be thanked for setting out a rich agenda for research on Asian business that will elevate this study to equality with research elsewhere in the world.' -- Eurasian Geography and Economics'This book is extremely comprehensive and well researched. It will be of particular interest to scholars in the fields of international business, development studies, economic geography, regional studies as well as international and national policymakers.' -- Science Technology & SocietyTable of ContentsContents: 1. Unpacking the Business of Asian Business Henry Wai-chung Yeung PART I: BUSINESS STRATEGY AND ORGANIZATION 2. Strategy Research in Asia Andrew Delios, Wei Wei Xu and Kulwant Singh 3. Towards an Institution-based View of Business Strategy in Asia Mike W. Peng 4. Guanxi as the Chinese Norm for Personalized Social Capital: Toward an Integrated Duality Framework of Informal Exchange Peter Ping Li 5. Transferring Knowledge to Enterprises in China Eric W.K. Tsang 6. Business Organizations in China Doug Guthrie and Junmin Wang PART II: BUSINESS AND MARKETING 7. Challenges of Marketing to Asian Consumers: Exploring the Influence of Different Cultures, Life Styles and Values on Consumer Behaviour in Asia Piyush Sharma, Cindy M.Y. Chung, M. Krishna Erramilli and Bharadhwaj Sivakumaran 8. Marketing Practice ‘Crossvergence’ in Post-crisis Asia Tim G. Andrews 9. Entry and Marketing Strategies of FDI Firms in China Tung-lung Steven Chang 10. China Marketing Ying Ho and Kam-hon Lee 11. Global Retailers and Asian Manufacturers Gary G. Hamilton and Misha Petrovic PART III: BUSINESS–STATE RELATIONS 12. The State and Transnational Capital in Adaptive Partnership: Singapore, South Korea and Taiwan Christopher M. Dent 13. Capital’s Search for Order: Foreign Direct Investment, Models and Hybrid Models of Social Order in Southeast Asia Nicholas A. Phelps 14. Government Policies Towards FDI Across East and Southeast Asia: Move Towards Business Policies Encouraging Inter-firm Relationships between MNEs and Local Firms Axèle Giroud 15. Change and Continuity in Business Organization: The Roles of the State and Regional Ethnicity in Singapore Lai Si Tsui-Auch 16. How Taiwan Built an Electronics Industry: Lessons for Developing Countries Today John A. Mathews PART IV: BUSINESS, DEVELOPMENT AND POLICY ISSUES 17. Cultural Considerations of Business and Economic Development in East Asia F. Gerard Adams and Heidi Vernon 18. The Dynamics of Southeast Asian Chinese Business Henry Wai-chung Yeung 19. Innovation Policies for Asian SMEs: An Innovation System Perspective Cristina Chaminade and Jan Vang 20. Explaining Multinational Companies from the Developing Economies of East and Southeast Asia Paz Estrella Tolentino 21. Explaining the Emergence of Thai Multinationals Pavida Pananond 22. Corporate China Goes Global Friedrich Wu Index

Read more less

Book SynopsisThis unique Handbook examines the impacts on, and responses to, economic geography explicitly from the perspective of the behaviour, mechanics, systems and experiences of different firms in various types of industries. The industry studies approach allows the authors to explain why the economic geography of these different industries exhibits such particular and diverse characteristics. The sectors and industries covered include: traditional heavy industry and engineering creative and cultural industries knowledge sectors natural resource-based and environmental sectors knowledge, networks and communications issues. The Handbook of Industry Studies and Economic Geography will strongly appeal to students, scholars and researchers interested in all aspects of industrial location and economic geography.Trade Review’Economic geography and industrial economics have traditionally been two distinct fields of scholarship separated by entirely disparate literatures, methodologies and research agendas. No more. With publication of this path breaking collection of meticulously crafted studies, the editors have forged economic geography and industrial economics into a coherent and compelling singular field of scholarship. Neither economic geography nor industrial economics can subsequently be considered in isolation but will need to be analyzed in the integrated framework introduced in this book.’ -- David B. Audretsch, Indiana University, BloomingtonTable of ContentsContents: Introduction to the Relationships between Economic Geography and Industries: Theory, Empirics and Modes of Analysis Frank Giarattani, Geoffrey J.G. Hewings and Philip McCann PART I: HEAVY INDUSTRIES 1. Steel Industry Restructuring and Location Frank Giarratani, Ravi Madhavan and Gene Gruver 2. The Evolving Geography of the U.S. Motor Vehicle Industry Thomas Klier and James M. Rubenstein 3. The Changing Geography of the European Auto Industry Gill Bentley, David Bailey and Stewart MacNeill PART II: CREATIVE AND CULTURAL INDUSTRIES 4. Project-Based Industries and Craft-Like Production: Structure, Location, and Performance Peter B. Doeringer, Pacey Foster, Stephan Manning and David Terkla 5. Innovation, Industry Evolution, and Cross-Sectoral Skill Transfer in the Video Game Industry: A Three Country Study Yuko Aoyama and Hiro Izushi 6. Spatial Divisions of Labor: How Key Worker Profiles Vary for the Same Industry in Different Regions Ann Markusen and Ann Gadwa Nicodemus 7. Museums in the Neighbourhood: The Local Economic Impact of Museums Stephen Sheppard PART III: HIGH TECHNOLOGY SECTORS 8. Spinoff Regions: Entrepreneurial Emergence and Regional Development in Second Tier High-Technology Regions: Observations from the Oregon and Idaho Electronics Sectors Heike Mayer 9. Location, Control and Firm Innovation: The Case of the Mobile Handset Industry Ram Mudambi 10. How Has Information Technology Use Shaped the Geography of Economic Activity? Chris Forman 11. R&D, Knowledge, Economic Growth and the Transatlantic Productivity Gap Raquel Ortega-Argilés PART IV: RESOURCE-BASED SECTORS 12. The Changing Structure of the Global Agribusiness Sector Ruth Rama and Catalina Martínez 13. Social Capital and the Development of Industrial Clusters: The Northwest Ohio Greenhouse Cluster Michael C. Carroll and Neil Reid 14. Computational Structure for Linking Life Cycle Assessment and Input-Output Modeling: A Case Study on Urban Recycling and Remanufacturing Joyce Cooper, Randall Jackson and Nancey Green Leigh 15. The Importance of the Water Management Sector in Dutch Agriculture and the Wider Economy Frank Bruinsma and Mark Bokhorst PART V: KNOWLEDGE- AND NETWORK-BASED ACTIVITIES 16. The Geography of Research and Development Activity in the US Kristy Buzard and Gerald Carlino 17. Offshore Assembly and Service Industries in Latin America Elsie L Echeverri-Carroll 18. The Global Air Transport Industry: A Comparative Analysis of Network Structures in Major Continental Regions Aisling Reynolds-Feighan 19. Innovation in New Zealand: Issues of Firm Size, Local Market Size and Economic Geography Hong Shangqin, Philip McCann and Les Oxley 20. They are Industrial Districts, but Not As We Know Them! Fiorenza Belussi and Lisa De Propris Index

Read more less

Book SynopsisThis major Handbook provides a comprehensive analysis of the development of corporate governance across a range of countries including Australia, Germany, India, Italy, Japan, Poland, Russia, South Africa, Spain, Turkey and the UK. Whilst the stage in the corporate governance life cycle may vary from country to country, there are certain core features which emerge such as the importance of transparency, disclosure, accountability of directors and protection of minority shareholders' rights.With contributions by leading academics and practitioners in the field of corporate governance, the Handbook on International Corporate Governance provides an eloquent insight into the evolution of corporate governance in countries with diverse cultural, economic and legal systems.Table of ContentsContents: Introduction and Overview Christine A. Mallin PART I: CORPORATE GOVERNANCE IN EUROPE 1. Corporate Governance Developments in the UK Christine A. Mallin 2. Recent Corporate Governance Developments in Spain Silvia Gómez-Ansón 3. Corporate Governance Developments in Germany Axel v. Werder and Till Talaulicar 4. Corporate Governance Developments in Italy Andrea Melis PART II: CORPORATE GOVERNANCE IN CENTRAL AND EASTERN EUROPEAN COUNTRIES 5. Corporate Governance in Russia: Is It Really Needed? Peter Bartha and James Gillies 6. Corporate Governance in Poland Piotr Tamowicz PART III: CORPORATE GOVERNANCE IN SOUTH EAST ASIA 7. State-dominated Corporate Governance System in Transition: The Case of China Guy S. Liu and Pei Sun 8. Corporate Governance in Japan Christina L. Ahmadjian and Ariyoshi Okumura PART IV: CORPORATE GOVERNANCE IN THE USA AND AUSTRALIA 9. Compensation Committees in the United States Martin J. Conyon and Danielle Kuchinskas 10. The Development of Corporate Governance in Australia Geof Stapledon PART V: CORPORATE GOVERNANCE: ADDITIONAL DIMENSIONS 11. Turkey: Corporate Governance at the Crossroads Melsa Ararat and Mehmet Ugur 12. Corporate Governance in South Africa Philip Armstrong with Nick Segal and Ben Davis 13. Corporate Governance Developments in India Shri Bhagwan Dahiya Index

Read more less

Book SynopsisLester Lloyd-Reason and Leigh Sear bring together leading researchers and thinkers in this critical guide to the ongoing, worldwide research shaping the role played by SMEs within today's global economy.The expert contributors contend that the past twenty years have seen an explosion in research into international SMEs, resulting in a considerable body of academic literature and thinking. This research, they argue, may merely serve to increase our lack of understanding in this area, and often results in myths and misconceptions upon which SME policies and support programmes have been developed and introduced. They go on to suggest that academic models are often poorly suited to the problems faced by SMEs within the international trading environment. In many instances, the contributors find SMEs at the vanguard of the challenge to accepted business practices: it is these challenges that underpin the text.Illustrating that today's SMEs are faced with the critical issue of how to create and maintain a sustainable competitive advantage in light of the increased complexity of international trade and global business linkages, this Handbook will prove invaluable to both academics and practitioners involved in business and management and entrepreneurship.Trade Review'There are 18 contributions in the book; all of whom are very highly regarded in the fields of entrepreneurship and international management. . . the book is well researched and edited. The book provides an excellent discussion on the importance of SMEs in the global economy. Through a number of different case study examples and discussion of various elements of the internationalization process, this book provides an outstanding resource for the study of SMEs that operate in the international market.' -- Vanessa Ratten, Journal of International Entrepreneurship'This book is most timely. It arrives at a time when globalisation and new technologies present major opportunities and challenges to the role of the independent small and medium sized business in economies. . . The book's strength in dealing with many of the emerging issues is underpinned by a truly international range of contributors with a strong mix of practical as well as academic experience.' -- From the preface by Allan Gibb, Professor Emeritus, Durham University, UKTable of ContentsContents: Preface 1. Introduction: The Role of SMEs in the Global Economy Lester Lloyd-Reason and Leigh Sear PART I: PROCESSES AND PRACTICES OF SMEs AND GLOBAL TRADING 2. Doing Business: The Nature of Global Trading Alan Griffiths, Stuart Wall, Carsten Zimmermann and Ronald Klingebiel 3. Traditional and Emergent Forms of Global Trading Leo-Paul Dana, Hamid Etemad and Richard Wright 4. Trade Trends in Transatlantica: A Profile of SMEs in the United States and Europe Leslie E. Palich and D. Ray Bagby PART II: MANAGEMENT, LEADERSHIP AND STRATEGY IN GLOBAL SMEs 5. Entrepreneurs and their Personal and Business Relations: Shaping Manufacturing SMEs’ Global Strategy Telma Barbosa and Ted Fuller 6. Managing with Complexity, Uncertainty and Ambiguity Keith Herrmann 7. Managing the Global Operation Tim Mazzarol PART III: LEARNING, SKILLS AND KNOWLEDGE IN DOING GLOBAL BUSINESS 8. Skills and Knowledge Needs of the Global SME Terry Mughan and Lester Lloyd-Reason 9. Competitive Intelligence and the Global SME Jonathan Calof and Paul Dishman 10. The Choreography of Internationalisation: Innovative Forms of Learning and Activities of Small and Medium-sized Enterprises in International Markets Jay Mitra PART IV: SMEs IN THE GLOBAL ECONOMY: POLICY PERSPECTIVES 11. Foresights, Futures and Scenarios for the Global SME Stuart Smith 12. SMEs in the Global Economy: Policy Perspectives Leigh Sear and Lester Lloyd-Reason Index

Read more less

Book SynopsisThe contributors to this book explore the role and importance of qualitative, interpretist research in the dynamic field of enterprise. They establish the link between the innovative nature of small enterprise and the need to utilise research methodologies, which are themselves innovative. The book highlights the fact that enterprise research has the advantage of sufficient youth as a research discipline to permit a wide scope for new and innovative research studies. Probing this unexplored terrain therefore requires exploratory research methods supported by inductive research techniques. These methods and techniques are examined in detail: topics covered are diverse, ranging from a review of quantitative research methodologies and the integration of methodological philosophies and approaches; to the application of two novel analytical techniques. Convergent interviewing, action research, case research and marketing research for isolated SMEs are all also explored in depth. This book will provide academics, researchers and students with a cohesive body of material on the use of interpretist research techniques in all areas of enterprise research.Table of ContentsContents: 1. Introduction Damian Hine and David Carson 2. Teaching and Research in Small Business Enterprise Marketing: A Critique and Some Alternatives Audrey Gilmore and David Carson 3. ‘If a Picture Paint a Thousand Words’ – Reaching Beyond the Traditional for Alternative Insights Andrew McAuley 4. Qualitative Methodologies for Enterprise Research Audrey Gilmore and David Carson 5. Quantitative Methodological Considerations Robert G. Schwartz, Nancy J. Birch and Richard D. Teach 6. Integrating Qualitative and Quantitative Techniques in Entrepreneurship Research: An Illustration of Network Analysis Nicole Coviello and Hugh Munro 7. Convergent Interviewing: A Starting Methodology for Enterprise Research Programs Sally Rao and Chad Perry 8. Case and iCase: Facilitating Case Survey Methods for Creating Research and Teaching Synergies in Innovation and Enterprise Lars Bengtsson, Rikard Larsson, Andrew Griffiths and Damian Hine 9. Action Research for Enterprise Research Chad Perry and Sally Rao 10. Case Research About Enterprises Robyn Stokes and Chad Perry 11. Change in a Dynamic Climate: A Single Longitudinal Case Study in a High Technology Industry Damian Hine 12. Issues in Cross-national Comparisons Applied to Building Theory on Informal Innovation in SMEs Asko Miettinen and Damian Hine 13. Marketing Research for Isolated SMEs Mary F. Hazeldine and Morgan P. Miles 14. Understanding Small Business Enterprise Networking: A Qualitative Case Approach Steve Rocks, David Carson and Audrey Gilmore 15. The Contextual Stepwise Approach to Enterprise Research and the Use of Undisguised Stories and Focus Groups David A. Kirby 16. A Re-visit to the Contextual Stepwise Approach for Small Firm Research Wai-sum Siu 17. Exploring Fast-track Entrepreneurial Thinking by a Novel Text-analytic Method: Pertex Helge Helmersson and Jan Mattsson 18. The Application of Leximancer, a Relational Content Analytical Tool in Enterprise Research – Description and Evaluation on the Basis of an Australian-German Research Project Susanne Royer, Martins Bumbieris, Ellen Kittel-Wegner and Damian Hine 19. Innovative Methodologies in Enterprise Research: Tackling the Question of the Role of the State from a Macro and Micro Perspective Rachel Parker 20. Conclusion: Maintaining the Innovative Momentum Damian Hine and David Carson Index

Read more less

Book SynopsisThis book takes stock of what is known about the process of innovation and its effects, and the policy interventions that influence both. It provides insights into future research required to support evidence-based policy-making and makes clear the need to take a systems approach to the analysis of innovation, its outcomes and its impacts. The contributors explore the fact that economic theory, statistical measurement and the need to achieve targets are combining to shift policy focus towards the economic and social impacts of innovation. This is forcing economists and statisticians to look for new measures, indicators, and analytical frameworks to support the public policy debate and the implementations of change necessary for success. The book emphasizes the importance of linkages and communities of practice in measuring and analyzing innovation, and focuses on: the importance of social sciences as well as natural sciences to the activity of innovation. policy-relevant discussions on the measurement gaps in the activity of innovation quantitative results of analysis relating to the output of innovation activities theoretical frameworks and concepts for measurement of the activity of innovation suggestions for new measurement directions for the activity of innovation which will lead into an international forum to discuss indicator development at the OECD over the next decade. Illustrating that the expectations of innovation policies are being raised, this book will prove fascinating reading for policy analysts, economists, academics and students with an interest in innovation, industrial dynamics and science and technology.Table of ContentsContents: Preface INTRODUCTION 1. An Introduction to Innovation and Policy Louise Earl and Fred Gault PART I: KNOWLEDGE, POLICY AND PRACTICE 2. What Do We Know About Innovation and Socio-economic Change? Lessons from the TEARI Project Jan Fagerberg 3. The Role of Benchmarks and Targets in Canadian Innovation Policy Surendra Gera, Richard Roy and Thitima Songsakul PART II: INDICATOR DEVELOPMENT AND FINDINGS 4. Innovation in Enterprise Clusters: Evidence from Dutch Manufacturing Bert Diederen, Pierre Mohnen, Franz C. Palm, Wladimir Raymond and Sybrand Schim van der Loeff 5. Innovation and Other Components of Growth in Canadian Technology Firms Michael Bordt, Frances Anderson, Louise Earl, Charlene Lonmo and Tomás Gabriel Bas 6. Large and Small Firms and Intellectual Property: Protecting Software Norhène Chabchoub and Jorge Niosi PART III: CITIES, REGIONS AND KNOWLEDGE WORKERS 7. Innovation and Creativity in City-Regions: What Do We Know, and Where Do We Go Next? Meric S. Gertler and David A. Wolfe 8. Innovation in Human/Social Guise Susan A. McDaniel PART IV: DESIGNING THE FUTURE 9. Rethinking Science and Technology Indicators for Innovation Policy in the Twenty-First Century Anthony Arundel, Alessandra Colecchia and Andrew Wyckoff 10. Knowledge, Policy and Innovation Luc Soete CONCLUSION 11. Insights into Innovation, Indicators and Policy Fred Gault and Louise Earl Index

Read more less

Book SynopsisThis comprehensive book contains case studies on the evolution of competition policy, with an emphasis on merger policy, for seven major US industries that have experienced substantial deregulation in the past forty years - electricity, natural gas, telecommunications, railroads, airlines, hospitals and banking. Also included is a comparison of the EU's experience in attempting to bring about competition in the energy, finance, and airline industries. The contributors to the volume, each a recognized expert on the industry examined, explore the positive and negative implications of the substitution of market-oriented processes for historic patterns of command and control regulation. The chapters reveal clear similarities in the economic, legal and public policy issues that have arisen following deregulation of these economic sectors. Together they provide a good basis to discern the consistency of the problems and the relative success of differing responses to these issues over a range of industries going through similar transformation. While taking a basically positive view of the movement away from direct regulation, the contributors identify a number of continuing problems with achieving workable competition in these industries. The thorough analyses presented here will be of great value to law, economics, and political science researchers interested in deregulation, economic consultants advising government agencies or private parties, attorneys who focus on deregulated industries, policy planners at the agencies overseeing these industries, and students in advanced seminars on economic regulation.Trade Review'The thorough analyses presented in the book provide the reader with a good overview of the deregulation process in the respective industries. . . Competition Policy and Merger Analysis in Deregulated and Newly Competitive Industries is a valuable resource for researchers of law, economics, and political science. . .' -- Volker Soyez, European Competition Law ReviewTable of ContentsContents: 1. Introduction and Overview Peter C. Carstensen and Susan Beth Farmer 2. Mergers in the US Electric Power Industry Richard J. Pierce 3. Natural Gas Pipelines: Can Merger Enforcement Preserve the Gains from Restructuring? Diana L. Moss 4. Telecommunications Mergers Jim Chen 5. Merger Analysis in the Post-Staggers Railroad Industry Curtis M. Grimm 6. Airline Mergers – Second-best Results in a Changed Environment Peter C. Carstensen 7. Hospital Mergers Thomas L. Greaney 8. Mergers and Competition Policy in the Banking Industry Bernard Shull 9. The European Experience with Merger and Deregulation Susan Beth Farmer 10. Reflections on Mergers and Competition in Formerly Regulated Industries Peter C. Carstensen Index

Read more less

Book SynopsisThis authoritative collection reprints the key articles in the field of the economics of patents. The editor's selection, contextualised by a comprehensive introduction, examines the classic literature on the design and evolution of the patent system, the now well-established body of work on the use of patent statistics as a measure of invention and technological change, and the new interest in the analysis of corporate patenting. Volume I explores the nature of the patent system, the breadth of patent scope, and the historical foundations of patenting. It goes on to cover overall macro-trends and sectoral patterns of patenting over long periods, as well as critical appraisals of the use of patent statistics. Volume II addresses topics such as firm motivations to patent, the valuation of patents, and determinants of variations in the propensity to patent. It concludes with the analysis of corporate technological profiles, and patterns of knowledge flows, science-technology relationships and social networks.Trade Review'Professor Cantwell has achieved a very comprehensive outcome. . . provides the reader with a thorough insight as to the value of patents as economic indicators of innovation. . . it should be of interest to a broader audience comprising anybody interested in furthering his understanding of the interaction between patent and its claimed purpose. . .' -- Florian Leverve, Journal of Intellectual Property Law and PracticeTable of ContentsContents: Volume I: The Patent System and the Measurement of Invention Acknowledgements Introduction John Cantwell PART I THE NATURE OF THE PATENT SYSTEM 1. Ove Granstrand (1999), ‘Patents and Intellectual Property: A General Framework’ 2. Johann Peter Murmann (2003), ‘Intellectual Property Right Regimes’, in Knowledge and Competitive Advantage: The Coevolution of Firms, Technology, and National Institutions, excerpt from Chapter 2: ‘Country-Level Performance Differences and Their Institutional Foundations’ 3. Robert P. Merges and Richard R. Nelson (1994), ‘On Limiting or Encouraging Rivalry in Technical Progress: The Effect of Patent Scope Decisions’ 4. Roberto Mazzoleni and Richard R. Nelson (1998), ‘The Benefits and Costs of Strong Patent Protection: A Contribution to the Current Debate’ PART II HISTORICAL FOUNDATIONS OF PATENTING 5. Christine MacLeod (1988), ‘The Long-Term Rise in Patents’ 6. Richard J. Sullivan (1989), ‘England’s “Age of Invention”: The Acceleration of Patents and Patentable Invention during the Industrial Revolution’ 7. Josh Lerner (2002), ‘150 Years of Patent Protection’ 8. Naomi R. Lamoreaux and Kenneth L. Sokoloff (2001), ‘Market Trade in Patents and the Rise of a Class of Specialized Inventors in the 19th-Century United States’ PART III OPEN MACRO-TRENDS AND SECTORAL PATTERNS 9. Simon S. Kuznets (1930), ‘Appendix. The Statistics of Patents’ 10. Jacob Schmookler (1954), ‘The Level of Inventive Activity’ 11. Birgitte Andersen (1998), ‘The Evolution of Technological Trajectories 1890–1990’ 12. John Cantwell and Giovanna Vertova (2004), ‘Historical Evolution of Technological Diversification’ PART IV MEASUREMENT OF TECHNOLOGICAL CHANGE: EARLY STUDIES 13. Jacob Schmookler (1950), ‘The Interpretation of Patent Statistics’ 14. Joseph Rossman and Barkev S. Sanders (1957), ‘The Patent Utilization Study’ 15. Jacob Schmookler (1966), ‘Patent Statistics’ 16. William S. Comanor and F.M. Scherer (1969), ‘Patent Statistics as a Measure of Technical Change’ PART V MEASUREMENT OF TECHNOLOGICAL CHANGE: MORE MATURE REFLECTIONS 17. L.G. Soete and Sally M.E. Wyatt (1983), ‘The Use of Foreign Patenting as an Internationally Comparable Science and Technology Output Indicator’ 18. K. Pavitt (1988), ‘Uses and Abuses of Patent Statistics’ 19. Zoltan J. Acs and David B. Audretsch (1989), ‘Patents as a Measure of Innovative Activity’ 20. Zvi Griliches (1990), ‘Patent Statistics as Economic Indicators: A Survey’ Name Index Volume II: Corporate Patenting An introduction by the editor to both volumes appears in Volume I PART I FIRM MOTIVATIONS TO PATENT 1. Richard C. Levin, Alvin K. Klevorick, Richard R. Nelson and Sidney G. Winter (1987), ‘Appropriating the Returns from Industrial Research and Development’ 2. Edwin Mansfield (1986), ‘Patents and Innovation: An Empirical Study’ 3. John Cantwell and Pilar Barrera (1998), ‘The Localisation of Corporate Technological Trajectories in the Interwar Cartels: Cooperative Learning Versus an Exchange of Knowledge’ 4. Bronwyn H. Hall and Rosemarie Ham Ziedonis (2001), ‘The Patent Paradox Revisited: An Empirical Study of Patenting in the U.S. Semiconductor Industry, 1979–1995’ PART II MEASUREMENT OF TECHNOLOGICAL CHANGE AT THE FIRM AND INDUSTRY LEVEL 5. Barkev S. Sanders, Joseph Rossman and L. James Harris (1959), ‘Patent Acquisition by Corporations’ 6. F.M. Scherer (1965), ‘Firm Size, Market Structure, Opportunity, and the Output of Patented Inventions’ 7. F.M. Scherer (1983), ‘The Propensity to Patent’ 8. Markus Reitzig (2004), ‘The Private Values of “Thickets” and “Fences”: Towards an Updated Picture of the Use of Patents Across Industries’ PART III VALUATION OF PATENTS 9. Bronwyn H. Hall, Adam Jaffe and Manuel Trajtenberg (2005), ‘Market Value and Patent Citations’ 10. Dietmar Harhoff, Frederic M. Scherer and Katrin Vopel (2003), ‘Citations, Family Size, Opposition and the Value of Patent Rights’ 11. Atul Nerkar (2003), ‘Old Is Gold? The Value of Temporal Exploration in the Creation of New Knowledge’ 12. Markus Reitzig (2003), ‘What Determines Patent Value? Insights from the Semiconductor Industry’ PART IV ANALYSIS OF CORPORATE TECHNOLOGICAL PROFILES 13. Pari Patel and Keith Pavitt (1998), ‘The Wide (and Increasing) Spread of Technological Competencies in the World’s Largest Firms: A Challenge to Conventional Wisdom’ 14. John Cantwell and Felicia Fai (1999), ‘Firms as the Source of Innovation and Growth: The Evolution of Technological Competence’ 15. Toby E. Stuart and Joel M. Podolny (1996), ‘Local Search and the Evolution of Technological Capabilities’ 16. Lori Rosenkopf and Atul Nerkar (2001), ‘Beyond Local Search: Boundary-Spanning, Exploration, and Impact in the Optical Disk Industry’ PART V ASSESSING PATTERNS OF KNOWLEDGE FLOWS, SCIENCE-TECHNOLOGY RELATIONSHIPS AND SOCIAL NETWORKS 17. Albert G.Z. Hu and Adam B. Jaffe (2003), ‘Patent Citations and International Knowledge Flow: The Cases of Korea and Taiwan’ 18. Adam B. Jaffe and Manuel Trajtenberg (1999), ‘International Knowledge Flows: Evidence From Patent Citations’ 19. Bhaven N. Sampat, David C. Mowery and Arvids A. Ziedonis (2003), ‘Changes in University Patent Quality after the Bayh-Doyle Act: A Re-Examination’ 20. Joel M. Podolny and Toby E. Stuart (1995), ‘A Role-Based Ecology of Technological Change’ Name Index

Read more less

Book SynopsisThis book, a collaborative effort by researchers from Japan, Italy and the USA, seeks to explore the reasons for industrial clustering in certain regions of Asia, Europe and North America. The studies presented illustrate real examples of industrial clusters, adding anecdotal evidence to the emerging theory of economic geography by exemplifying the centripetal and centrifugal forces that regulate the clustering process. The authors examine clusters in a diverse set of countries including China, Italy, Japan, Mexico, South Korea, the USA and Vietnam. Significantly, the book provides an interesting split between studies of IT and software-related industries, and more traditional sectors, such as steel and vehicle manufacturing.Industrial Agglomeration and New Technologies pays attention to a varied array of factors that influence clustering, such as knowledge spillovers, tacit knowledge, communication and transport costs, and the effects of various government policies. The case studies provide useful examples for government and industry leaders, as well as a starting point for researchers seeking an ultimate answer to the question: 'Why do firms form clusters?'Trade Review'. . . the book is an interesting collection of anecdotal evidence. . . the book makes for interesting reading, both from the point of view of case studies and in terms of empirical methodological applications.' -- Silvia Grandi, Economic Geography Research Group'This is a valuable book. The individual chapters contain original case-study evidence and analytical insights. . . it is one that should be consulted by any scholar working in the area if industrial agglomerations and new technology.' -- Simona Iammarino, Economic GeographyTable of ContentsContents: Preface 1. Introduction Masatsugu Tsuji, Emanuele Giovannetti and Mitsuhiro Kagami PART I: AGGLOMERATION IN ASIA 2. The Relationship Between Toyota and its Parts Suppliers in the Age of Information and Globalization: Concentration versus Dispersion Masatsugu Tsuji 3. Iron Town Cluster: Yawata, its Glory, Decline and Rebirth Mitsuhiro Kagami 4. Information Technology and Economic Growth: Discovering the Informational Role of Density Takuo Imagawa 5. Agglomeration of Exporting Firms in Industrial Zones in Northern Vietnam: Players and Institutions Akifumi Kuchiki 6. Industrial Agglomeration and Regional Growth in Korea: Focusing on the Software and IT Service Sector Yasushi Ueki 7. China’s Regional Industrial Disparity from the Viewpoint of Industrial Agglomeration Koichiro Kimura PART II: AGGLOMERATION IN ITALY 8. Italian Comparative Advantages, Persistence and Change in Overall Specialization Luca De Benedictis 9. Globalization, Industrial Districts and Value Chains Roberta Rabellotti 10. The Competitive Advantage of a Region: Industrial Districts In Emilia-Romagna Enrico Santarelli 11. Where is the Internet? Agglomeration in Space and Cyberspace Emanuele Giovannetti, Karsten Neuhoff and Giancarlo Spagnolo PART III: AGGLOMERATION IN THE AMERICAS 12. The Software Industry in North America: Human Capital, International Migration and Foreign Trade Andrew Schrank 13. Mexico: The Management Revolution and the Emergence of the Software Industry Clemente Ruiz Durán PART IV: CONCLUSIONS 14. Conclusions Masatsugu Tsuji, Mitsuhiro Kagami and Emanuele Giovannetti Index

Read more less

Book SynopsisThis unique Handbook provides a solid foundation for essential study in the nascent field of entrepreneurship policy research.This foundation is initially developed via the exploration of two significant propositions underpinning the nature of entrepreneurship policy research. The first is that entrepreneurship has emerged as a bona fide focus of public policy, particularly with respect to economic growth and employment creation. The second is that neither scholars nor policy makers are presently equipped to understand the public policy role for entrepreneurship. The contributors - experienced scholars, specialist researchers and dynamic policy makers thus grapple with novel questions of considerable policy relevance that few have previously posed. The Handbook therefore provides some of the first crucial, systematic analyses of important issues, and key questions to be raised in order to move entrepreneurship policy forward are also presented.Written by academics and practitioners drawing examples from both North America and Europe, this stimulating new Handbook is a prerequisite for students, scholars and practitioners in the incipient world of entrepreneurship policy.Trade Review'This book is a well written and handy source for readers. Additionally, it provides an overview of current issues relevant to the development of entrepreneurial policy, which is based on interesting case studies across a number of nations. . .' -- Dessy Irawati, International Journal of Entrepreneurial Behaviour and Research'What is new in the world is the need to understand business dynamics; the entry, exit and growth of firms in the economy. This dynamic firm structure, as opposed to the static firm structure that dominated past thinking, has spurred an outpouring of research. The heart of the issue is that while many have identified the importance of business dynamics (entry and exit) we have only recently taken a closer look at the ecological system in which some companies must die for others to thrive. Entrepreneurs are the predators of this system. Public policy in an entrepreneurial economy (dynamic) must limit the forces that prevent firm exit and foster the forces that promote firm entry. This book makes an important contribution to the debate.' -- Zoltan J. Acs, George Mason University, USTable of ContentsContents: 1. Explaining Entrepreneurship and the Role of Policy: A Framework David B. Audretsch, Isabel Grilo and A. Roy Thurik 2. The Simple Economics of Technology Entrepreneurship: Market Failure Reconsidered Philip E. Auerswald 3. From Small Business to Entrepreneurship Policy David B. Audretsch and Iris A.M. Beckmann 4. Policymakers Beware! Simon C. Parker 5. Promoting Entrepreneurship in the Welfare State Magnus Henrekson and Jesper Roine 6. Dressing the Emperor: The Fabric of Entrepreneurship Policy Lois Stevenson and Anders Lundström 7. Public Policy and Entrepreneurship Albert N. Link 8. A Rough Guide to Entrepreneurship Policy Anders N. Hoffmann 9. Government Programs to Encourage Innovation by Start-ups and SMEs: The Role of US Innovation Awards Charles W. Wessner 10. Quantitative and Qualitative Studies of University Technology Transfer: Synthesis and Policy Recommendations Donald S. Siegel 11. Entrepreneurship Policy in Bavaria: Between Laptop and Lederhosen Marcel Hülsbeck and Erik E. Lehmann 12. Issues in Evaluation: The Case of Shell Livewire Francis J. Green and David J. Storey Index

Read more less

Book SynopsisClusters have increasingly dominated local and regional development policies in recent decades and the growing intellectual and political interest for clusters and clustering is the prime motivation for this Handbook.Charlie Karlsson unites leading experts to present a thorough overview of economic cluster research. Topics explored include agglomeration and cluster theory, methods for analysing clusters, clustering in different spatial contexts and clustering in service industries. Encompassing the developed economies of Europe and North America, the Handbook provides a basis for improving cluster policy formulation, interpretation and analyses.This comprehensive overview of research on economic clusters will be of interest to scholars and PhD students in (regional) economics, economic geography, regional planning and management as well as practitioners and policymakers at the national, regional and local levels involved in cluster formation and cluster management.Trade Review'The Handbook of Research on Cluster Theory is exactly the type of book that I wish had been available when I embarked upon my PhD. . . the Handbook/i> brings together in one place a range of stimulating viewpoints on clustering, and its implications for urban and regional development. As such, it is an excellent grounding in cluster theory for both new students and established researchers new to the field. . . the 18 chapters within provide a valuable reference for those wishing to get to grips with the academic debate surrounding cluster formation and perpetuation; as such, the Handbook would be a valuable addition to many bookshelves.' -- Jonathan Reades, Environment and Planning B'Karlsson has assembled a strong mix of papers that collectively provide a good sense of some of the latest research in the field.' -- Edward Feser, Review of Regional Studies'This is a book every regional scientist and spatial analyst should have on their bookshelf. Like most Handbook type publications it provides depth and breadth on the basics of the industrial clustering concept. However, unlike most of these type of collections, it goes beyond the foundation material to identify and speculate on questions that are emerging on the research frontiers such as at the intersection of cluster theory and agglomeration processes, knowledge spillovers and technology transfer - not to mention the obvious link to economic development theory, policy and practice.' -- Roger R. Stough, George Mason University, US'This eclectic volume presents a host of methods to describe tendencies for the joint location of economic agents in space. And it illustrates useful applications of these concepts in diverse fields - financial services, culture, tourism, and industry, to name just a few.' -- John M. Quigley, University of California, USTable of ContentsContents: Preface 1. Introduction Charlie Karlsson PART I: AGGLOMERATION AND CLUSTER THEORY 2. Agglomeration Economics Philip McCann 3. The Analysis of Location, Colocation and Urbanization Economies Börje Johansson and Ulla Forslund 4. The Knowledge Spillover Theory of Entrepreneurship and Spatial Clusters David B. Audretsch and T. Taylor Aldridge 5. Knowledge-based Clusters: Regional Multiplier Models and the Role of ‘Buzz’ and ‘Pipelines’ Harald Bathelt 6. Clusters Formation from the ‘Bottom-Up’: A Process Perspective Andrew Atherton and Andrew Johnston 7. Cluster Life-cycles: An Emerging Synthesis Edward M. Bergman 8. Clustering in Space versus Dispersing over Space Karen R. Polenske PART II: CLUSTER RESEARCH METHODS 9. Industrial Clusters in the Input–Output Economic System Michael Sonis, Geoffrey J.D. Hewings and Dong Guo 10. Cluster Using Wavelet Transformation Abdullah Almasri and Ghazi Shukur PART III: CLUSTERS IN DIFFERENT SPATIAL CONTEXTS 11. Industrial Districts: Theoretical and Empirical Insights Giulio Cainelli 12. Cluster Renewal in Old Industrial Regions: Continuity or Radical Change? Michaela Trippl and Franz Tödtling 13. The Reciprocal Relationship between Transnationals and Clusters: A Literature Review Filip De Beule, Daniël Van Den Bulcke and Haiyan Zhang 14. Diversity and the Case Against Specialized Clusters Pierre Desrochers, Frédéric Sautet and Gert-Jan Hospers PART IV: SECTORAL CLUSTERS 15. Clustering in Financial Services Naresh R. Pandit, Gary A.S. Cook and G.M. Peter Swann 16. Spatial Clustering of Culture David Emanuel Andersson and Åke E. Andersson 17. Clustering in the Broadcasting Industry Gary A.S. Cook and Naresh R. Pandit 18. Tourism Clusters Ewen J. Michael Index

Read more less

Book SynopsisPortraying how entrepreneurs often start out conducting some or all of their trade on an 'off-the-books' basis and how many continue to do so once they become established, this book provides the first detailed account of the vast and ubiquitous hidden enterprise culture existing in the interstices of western economies. Until now, the role of the underground economy in enterprise creation, entrepreneurship and small business development has been largely ignored despite its widespread prevalence and importance. In contrast to much of the previous literature that views the underground economy as low-paid, exploitative sweatshop work that should be deterred, this book takes a fresh, more positive perspective that considers the underground economy as a hidden enterprise culture. Colin C. Williams prescribes the means by which western governments can best harness this hidden culture of enterprise. He outlines detailed policy initiatives that seek to assist business ventures in setting up on a formal footing, and aim to encourage underground enterprises and entrepreneurs to make the transition into the realm of legitimacy.This book provides a lucid guide as to how the hidden culture of enterprise can be brought into the open. As such, it will prove invaluable to a wide-ranging audience including scholars and students of business studies, entrepreneurship, management, economics and regional science.Trade Review'This book will be an excellent primer for policy makers wishing to understand the nature and contradictory significance of the underground economy and needing to design suitably subtle policy responses to it.' -- Roger Lee, Growth and Change'The Hidden Enterprise Culture is a top pick for any economist or academician interested in this field, as well as for any underground entrepreneur who wants to make their enterprise lawful with the fewest possible legal complications.' -- - Midwest Book Review'Strongly recommended for policy makers and students of business.' -- Global Business ReviewTable of ContentsContents: 1. Introduction Part I: Entrepreneurship and the Underground Economy: The Missing Link 2. Studies of Entrepreneurship: The Omission of the Underground Economy 3. Studies of the Underground Economy: The Omission of Entrepreneurship Part II: The Extent and Nature of Underground Enterprise 4. Estimating the Size and Growth of Underground Enterprise 5. Portraits of Underground Enterprise 6. Explaining the Hidden Enterprise Culture Part III: What Should Be Done About the Hidden Enterprise Culture? Policy Options and their Implications 7. The Deterrence Option 8. The Laissez-Faire Option 9. The Enabling Option Part IV: Harnessing the Hidden Enterprise Culture 10. Helping Enterprises Start Up in a Legitimate Manner 11. Moving Underground Enterprise into the Mainstream: Supply-side Initiatives 12. Moving Underground Enterprise into the Mainstream: Demand-side Initiatives 13. Raising Awareness: Towards High Commitment Societies 14. Co-ordinating Government Thought and Action 15. Conclusions Bibliography Index

Read more less

Book SynopsisSmall and medium-sized enterprises (SMEs) often have difficulty competing in the global economy unless they collaborate with domestic or foreign partners or with public sector organizations. This book addresses the resource leverage and innovation challenges that increased global trade represents for SMEs. In doing so, it explores how SMEs can become more competitive at home and in foreign markets as stand-alone firms or as members of supplier and customer networks.SMEs are turning increasingly to innovation as a source of competitive advantage in order to protect their home markets and participate in expanding foreign markets. The contributors to this volume - leading experts in entrepreneurship, innovation, and international business - provide in-depth coverage of the most compelling issues facing SMEs. These include: innovation as a competitive strategy, network dynamics, ways to leverage technology, internationalization, and the role of the public sector in helping SMEs to overcome resource deficiencies. This comprehensive look at SMEs in the global marketplace will be of great interest to academics who study entrepreneurship, innovation, or international business, officials from public sector agencies with responsibility for helping SMEs to internationalize and become more innovative, and senior executives of SMEs or executives of larger companies who are considering collaboration with SMEs.Trade Review'Globalization has jarred the traditional role and competitiveness of small- and medium-sized enterprises. This masterful volume comprises leading scholars, policy makers and business leaders who have new insights and strategies for SMEs creating opportunities rather than being victims of globalization. The result is a breakthrough in our understanding of entrepreneurship in the global context.' -- David B. Audretsch, Indiana University, Bloomington, US and Otto Beisheim School WHU, GermanyTable of ContentsContents: Introduction 1. Introduction Gerald I. Susman PART I: INNOVATION AND COMPETITIVE ADVANTAGE 2. Exploring the Reach of Innovation-Related Cooperation in Small Firms Mark Freel 3. Innovation, Productivity and Growth: An Analysis of Irish Data James H. Love and Stephen Roper 4. Innovation Strategies and Manufacturing Practices: Insights from the 2005 Georgia Manufacturing Survey Jan Youtie and Philip Shapira PART II: NETWORK DYNAMICS 5. Economies of Speed: A Conceptual Framework to Describe Network Effectiveness Irene J. Petrick and Carleen Maitland 6. Sourcing of Innovation as Trendsetting in the Imaging Sector: A Comparison between Large MNEs and SMEs Johannes M. Pennings and Gino Cattani PART III: TECHNOLOGY AND ENHANCED CAPABILITIES 7. The Fastest Growing SMEs in Canada: Their Strategies, e-Commerce and Network Practices Hamid Etemad 8. Knowledge and Capabilities in Subcontractor’s Evolution: The Italian Case Roberto Grandinetti, Andrea Furlan and Arnaldo Camuffo 9. The Communication of Corporate Social Responsibility (CSR) Through the Supply Chain: A SME Perspective Craig H. Wood and Allen Kaufman PART IV: INTERNATIONALIZATION 10. A Comparison of the Pace and Pattern of Internationalization by US and Canadian High-Growth Firms David J. Maslach and Rod B. McNaughton 11. The Effects of Product Diversification and International Diversification on SMEs’ Innovation Jane Wenzhen Lu and Zhijian Wu 12. Should High-Technology SMEs Expect to Internationalize by Passing Through a Sequence of Development Stages that Affect Choice of Export Market and Entry Mode? Marian V. Jones 13. A Comparative Study of Canadian and UK High-Technology SMEs’ Internationalization Processes Dave Crick and Martine Spence 14. SME Choice of Export Market and Entry Mode: Theory and Research Gerald I. Susman and Jenna P. Stites PART V: ROLE OF THE PUBLIC SECTOR 15. US States and the Global Economy: Trends and Policies in the Mid-Atlantic and Midwest Terrence Guay 16. University Research Parks: Untapped Source of Exports from Innovation-based SMEs Paul M. Swamidass and Venubabu Vulasa 17. Issues Surrounding the Internationalization of SMEs: Implications for Policy Makers and Researchers Paul Westhead, Mike Wright and Deniz Ucbasaran PART VI: EXECUTIVE SUMMARIES Diamond V Mills, Mark Kujawa Markel Corporation, James Hoban X-Rite Incorporated, Joan Andrews Revere Copper Products, Thomas O’Shaughnessy Lake Shore Cryotronics, Inc., Karen Lint Brock Solutions, Inc., Vivienne Ojala DALSA Corporation, Savvas Chamberlain US Small Business Administration, Manuel Rosales Kennametal Inc., Markos I. Tambakeras Index

Read more less

Book SynopsisA unique and comprehensive source of information, this book is the only international publication providing economists, planners, policymakers and business people with worldwide statistics on current performance and trends in the manufacturing sector.The Yearbook is designed to facilitate international comparisons relating to manufacturing activity and industrial development and performance. It provides data which can be used to analyse patterns of growth and related long term trends, structural change and industrial performance in individual industries. Statistics on employment patterns, wages, consumption and gross output and other key indicators are also presented.Trade ReviewAcclaim for previous editions:'This is a unique and massive effort by UNIDO providing comparative statistics on current performance and trends in the manufacturing sector worldwide . . . There is no doubt that the volume is a most important source book for economists, planners and policymakers.' -- Pradosh Nath, Journal of Science and Industrial Research'UNIDO has done well to bridge gaps in information noticed so far in industrial statistics worldwide and its companionship and usefulness will be realised by all users of this documentation in governmental, industrial and academic circles, as a must on every working desk. Its reliability is fully backed up by authoritative analysis.' -- Rajinder Kunmar, Marketing and Management NewsTable of ContentsContents: Introduction Part I: Summary Tables 1.1. The Manufacturing Sector 1.2. The Manufacturing Branches Part II: Country Tables

Read more less