Description

Firm Size, Innovation and Market Structure uses evolutionary dynamic theory, non-linear mathematics and computer simulation techniques to explore the relationship between firm size, innovation and market structure.

The book begins by reviewing the connection between these variables from a theoretical and an empirical point of view, and goes on to illustrate how analytical tools may be used in order to explore Schumpeterian propositions regarding firm size, innovation and the specific role of idiosyncratic events.

In the concluding chapter, Mariana Mazzucato focuses on the US automobile industry from 1900-1997, and uses empirical evidence in order to determine whether or not there is a relationship between market share instability and stock price volatility, and to what degree the relationship is connected to industry specific factors.

This innovative new book will prove invaluable to researchers, lecturers and scholars of industrial organisation, technology and market structure.

Firm Size, Innovation and Market Structure: The Evolution of Industry Concentration and Instability

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£90.00

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Usually despatched within 5 days
Hardback by Mariana Muzzucato

3 in stock

Short Description:

Firm Size, Innovation and Market Structure uses evolutionary dynamic theory, non-linear mathematics and computer simulation techniques to explore the relationship... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 25/08/2000
    ISBN13: 9781840643466, 978-1840643466
    ISBN10: 1840643463

    Number of Pages: 160

    Non Fiction , Business, Finance & Law

    Description

    Firm Size, Innovation and Market Structure uses evolutionary dynamic theory, non-linear mathematics and computer simulation techniques to explore the relationship between firm size, innovation and market structure.

    The book begins by reviewing the connection between these variables from a theoretical and an empirical point of view, and goes on to illustrate how analytical tools may be used in order to explore Schumpeterian propositions regarding firm size, innovation and the specific role of idiosyncratic events.

    In the concluding chapter, Mariana Mazzucato focuses on the US automobile industry from 1900-1997, and uses empirical evidence in order to determine whether or not there is a relationship between market share instability and stock price volatility, and to what degree the relationship is connected to industry specific factors.

    This innovative new book will prove invaluable to researchers, lecturers and scholars of industrial organisation, technology and market structure.

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