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Book Synopsis
Creation of firms with new ideas, their growth, and exit of inefficient ones constitute the essence of creative destruction which has been the engine of capitalist society. By observing the process of birth, growth, and death of firms, we can understand the overall picture of dynamics that an industry experiences over the life cycle The book contains nine chapters of which nine are contributed chapters, and is divided into three parts: The first part shows some stylised facts of industrial dynamics in Korea and Japan. The second part deals with the issue of globalisation and innovation from the perspective of industry dynamics. The last part investigates the implication of size on the Korean manufacturing industry. The common feature of all contributions is found in the approach used. Thus, the authors do not focus on the theoretical models but on numerical evidences. Japan has taken the lead position in the level of technology and industrial performance as characterised by its competitive large companies and

Micro-Evidence for the Dynamics of Industrial

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    A Hardback by Jeong-Dong Lee, Almas Heshmati

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      Publisher: Nova Science Publishers Inc
      Publication Date: Publication Date: 01/06/2008
      ISBN13: 9781604563887, 978-1604563887
      ISBN10: 1604563885

      Description

      Book Synopsis
      Creation of firms with new ideas, their growth, and exit of inefficient ones constitute the essence of creative destruction which has been the engine of capitalist society. By observing the process of birth, growth, and death of firms, we can understand the overall picture of dynamics that an industry experiences over the life cycle The book contains nine chapters of which nine are contributed chapters, and is divided into three parts: The first part shows some stylised facts of industrial dynamics in Korea and Japan. The second part deals with the issue of globalisation and innovation from the perspective of industry dynamics. The last part investigates the implication of size on the Korean manufacturing industry. The common feature of all contributions is found in the approach used. Thus, the authors do not focus on the theoretical models but on numerical evidences. Japan has taken the lead position in the level of technology and industrial performance as characterised by its competitive large companies and

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