Search results for ""edward elgar publishing ltd""

This book responds to the opening up of electricity markets to competition, which has completely changed the nature of power generation. The building of new generation and transmission capacity and the setting of the energy mix between nuclear, gas and renewable resources are mainly left to private initiative and investors.The authors and the editor of this book explore whether or not market forces offer a sustainable future for electricity generation. They employ economic theory and method to answer questions such as: Will the market be able to ensure adequacy of generation capacity and security of supply? Can price signals from future electricity markets lead to an acceptable level of investment for society? How can market and public intervention combine to deliver the right signal to invest in expanding and reinforcing the grid? How can two complementary investments such as the building of power plants and the expansion of the network be coordinated successfully?With a focus on the EU and US liberalised electricity markets, these questions, and others, are answered by leading thinkers in the field, and offer a much-needed assessment of the long-term consequences of liberalisation.

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The convergence of technology-based competitive capabilities among the world's economies has drastically altered the required economic growth strategies in industrialized nations. Based on a variety of corporate and government investment trend data and comparisons among national growth strategies, Gregory Tassey examines how this convergence has created an imperative for new growth models and strategies. In particular, he analyzes the major policy mechanisms for stimulating R&D investment and improving R&D efficiency over technology life cycles, detailing the needed changes. In the 65 years since Joseph Schumpeter's classic characterization of the 'creative destruction' process of industrial technological change, the role of technology in economic growth has grown relentlessly. The author provides the first detailed assessment of underinvestment in R&D and the two major R&D policy response mechanisms - tax policy and direct funding. The policy models and analyses presented are based largely on US economic experience, but the resulting prescriptions are relevant for all existing and emerging technology-based economies. The author's ultimate message is that the industry-centric Schumpeterian model must be expanded to one in which competition among governments is as important as it is within the private sector. This cutting-edge study will be of interest to science and technology policy researchers and analysts, economists focusing on the impacts of technological change, government managers of science and technology programs, and industry managers from high-tech firms.

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How involved should the government be in American healthcare? Ronald Hamowy argues that to answer this pressing question, we must understand the genesis of the five main federal agencies charged with responsibility for our health: the Public Health Service, the Food and Drug Administration, the Veterans Administration, the National Institutes of Health, and Medicare. In examining these, he traces the growth of federal influence from its tentative beginnings in 1798 through the ambitious infrastructures of today - and offers startling insights on the current debate.The author contends that until the twentieth century, governmental involvement in health care policy was nominal. With the sweeping food and drug reforms of 1906 and the Medicare amendments to Social Security in 1965, a whole new system of health care was brought to the American public. A careful analysis of the various programs generated by this legislation, however, shows a different picture of pet projects, budgetary lobbying, competitive bureaucracy and discord between the agencies and their opposition. Government and Public Health in America provides an illuminating look at the complicated forces that created these institutions and provokes discussion about their usefulness in the future.Hamowy's thoroughly researched analysis fills a substantial gap in the history of health policy. Economists, political scientists, historians, sociologists and health professionals concerned with the interface between government and health care will find much to recommend in this highly readable account of a fascinating topic.

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Strategic Innovation in Small Firms is an investigation of the commercialization practices of small firms across a wide range of industries in nine OECD countries. The authors examine the perspective of these firms managers on their national innovation systems and on their firm s innovation management practices. The research is focused on understanding the process of innovation management both from the perspective of the small firm and from a broader strategic perspective. Drawing on a database of 567 cases, the contributors examine the commercialization practices of small to medium sized firms across a wide range of industries. They suggest that there are more similarities than differences to be found between countries and industries with size, level of R&D intensity and type of innovation project being important points of difference. The need for increased formality in the commercialization of radical innovations is shown, although they find that most small firms are not characterized by such formality within their innovation management processes. This multinational study in which a common methodology and case study survey protocol is employed, will strongly appeal to academic researchers and research students as well as policy makers engaged in the support for innovation commercialization in SMEs. Entrepreneurs and small business owners will also find plenty of invaluable information in this unique and important resource.

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In large parts of the world, the reduction in the viability of agriculture and rural areas is an escalating problem. Sustainable Land Management offers a contemporary overview of the strategies employed to cope with the marginalisation of agriculture, through analyses of case studies and regional trends in marginalisation.The authors argue that complexities and driving forces governing marginalisation are not always the same across nations and regions due to climate, geography, economics, legislation and political status. This book illustrates in what form these complexities exist, and how these unravel at the national and regional levels. As the need to understand and cope with marginalisation processes has developed, the concept of multi-functionality has also gained a vital place in the string of coping strategies. This work contributes essential knowledge for the development of marginalisation mitigation policy actions across the globe.Informative and well-documented, this book will appeal to those researching and working in the fields of agricultural and resource economics, rural geography, environmental governance and sustainable development.

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This book provides a detailed introduction to behavioural tax microsimulation methods and reviews the use of such models for evaluating tax policy reforms.The steps required to construct a microsimulation model are described in detail and methods of evaluating policy changes are then presented. Labour Supply and Microsimulation deals with a number of issues related to interpreting results from microsimulation, such as welfare measurement, income distribution, confidence intervals around the simulated results and feedback effects on the wage distribution via labour demand. All of the approaches and proposed methods are general and not model-specific. The book includes detailed descriptions of how labour supply models can be used in building behavioural microsimulation models as well as the development of new methods for evaluating policy reforms; for example, dealing with income distribution in discrete hours models, measuring welfare changes and constructing confidence intervals.John Creedy and Guyonne Kalb's book will appeal to graduate students and academic researchers in the fields of labour economics and public finance. Economists in government departments who wish to use the output from microsimulation models in tax policy analysis and design will also find much to engage them within the book.

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With the global expansion of urbanization there is a need to ensure that cities develop in a way that allows all residents to benefit from urban life. This volume contains a collection of classic and more recent papers that provide insight into the problems encountered in urbanization and the ways in which planning has evolved to meet the resultant challenges. It is broad in its coverage, and its content includes both theoretical and applied contributions as well as looking at urban planning issues in the developing as well as the developed world.

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For this three-volume set the editors have selected many of the most influential articles published since 1984 on the topics of knowledge management and the improvement of organizational learning, developmental learning by individual organizations and the development of populations of organizations. Many of the articles in Volume I are trailblazers in the field of knowledge management; they discuss ways of fostering learning, managing knowledge and extracting economic benefits from knowledge. Volume II investigates how individual organizations learn: topics covered include cognitive versus behavioural learning, interpretation, incremental change and reorientation, and learning from success and failure. Volume III follows the development of the academic study of populations of organizations: it explores both behavioural and cognitive learning processes from the point of view of industries, geographic neighbourhoods and networks.New, authoritative introductions to each volume by the editors offer a comprehensive overview and informative discussion of the issues.

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This book is an original study of the challenge of implementing sustainable development in Western democracies. It highlights the obstacles which sustainable development presents for strategic governance and critically examines how these problems can best be overcome in a variety of different political contexts.The renowned international contributors, including leading policy experts, try to identify the forms of governance necessary to realize the functions of sustainable development. With the help of detailed case studies, they document and analyze specific governance mechanisms for pursuing and achieving this aim. They move on to offer clearly formulated conclusions on the relationship between the demands of sustainable development and the current norms and practices of Western democracy. The book also raises the fundamental question of whether change can ever be achieved if the overriding goal of development is not firmly stated as 'sustainability' rather than 'business as usual'.This book offers a balanced focus on the difficulties and successes of promoting sustainable development through strategic governance. It will be of particular relevance to those interested in the institutional mechanisms of governance and policy implementation. The book will also appeal to scholars and students of political science, organizational studies and business administration, and policymakers and NGOs directly involved in the task of implementing sustainable development.

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Higher education, especially that which is publicly funded, is under increasing scrutiny from politicians and the public as competition in this sector increases. Susanne Warning provides a comprehensive analysis of the strategic positioning of public universities as service providers in a competitive sector.The author develops two distinct theoretical approaches to the analysis of public universities. The first is the concept of strategic groups, originating in management theory. It implies that due to different returns on investment in teaching quality and research quality, heterogeneity will exist in the university sector. The second approach involves a three-stage duopoly game of competition between universities, and is underpinned by the industrial economics literature. Universities in this formal equilibrium model of differentiation position themselves in terms of teaching and research quality in order to attract students. Although the analysis is based on data for German publicly funded universities, however, the author's conclusions offer important insights for all countries where publicly funded universities play a role, particularly in the current climate of shifts towards more competitive university systems.With an exclusive combination of economic analysis and institutional data, this book will prove invaluable for anyone with a particular interest in the economics of higher education.

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This book advances our understanding of interaction processes in multi-organisational partnerships, alliances and networks. By adopting a relational approach on collaboration, control, learning, conflict in and failure of inter-organisational relationships and networks, the book attempts to fill an existing gap in the literature. In so doing, it poses and answers leading questions such as: Which processes matter inside inter-organisational relationships and networks? What are the consequences of relations within them?The contributors' approach is relatively novel in the field of network studies: the process or relational stance taken complements existing knowledge on structural characteristics of inter-organisational relationships and networks. A number of key processes essential to their functioning and performance are addressed, and a future research agenda for structuralist, interactionist and combined approaches is recommended.Academics and practitioners focussing on organisation studies in general, and inter-organisational network research more specifically, will find this book a compelling read, as will consultants in inter-organisational collaboration and relationships.

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This book aims to define what Social Entrepreneurship (SE) actually is, and what it is not. The author adopts a novel approach to the SE phenomenon, considering it as a dynamic process created and managed by innovative social entrepreneurs striving to create new social values in the market and community at large.Francesco Perrini argues that SE has attained a wider and more enthusiastic acceptance in corporate thinking and practice than in the literature surrounding the field. This part theoretical, part practitioner-based double line of reasoning forms the basis of the book. It attempts to answer hitherto unresolved questions such as: How can SE be defined? How can Social Entrepreneurship Ventures (SEVs) be identified? How do SEVs vary and what factors lead to their success? Does the way in which an SEV is designed matter, and are business plans important? Is an SEV reliant on traditional sources of financing? The focus of the book then shifts to practical examples of how perspectives on SE are translated into concrete phenomena. Several case studies are used to illustrate theoretical frameworks, each tackling specific aspects of SE and making theory and practice comparisons.Taking on the challenge of providing a clear, focused definition of SE supported by practical experiences, this book provides a critical and comprehensive framework aimed at stimulating current and future debate on the role and key features of SE research. As such, it will provide fascinating and enlightening reading for entrepreneurship academics and entrepreneurial professionals alike.

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This rigorously analytical yet readable book examines trends in new terror - understood here to be the capacity of sub-state actors to secure religious or politically motivated objectives by violent means. The contributors argue that whilst the use of violence to achieve political ends is scarcely original, what distinguishes new terror is its potential for lethality. This, combined with its evolving capacity to draw upon the resources of globalisation, particularly the revolution in communications which has advanced global markets, has also rendered them, and the more developed core states in the international trading order, increasingly vulnerable to asymmetric threats.The book's objectives are to: examine the character of new terror and its ambivalent relationship to the evolving cybernetic order made possible by technology and globalisation identify emerging trends and threats in terrorism including cyber-terrorism, eco-terrorism, bombings and CBR material consider the implications of these characteristics for the Asia Pacific region. This careful examination of the key paradox facing the modern condition, namely that the freedoms of communication themselves facilitate terror cells aimed at unravelling the prevailing order, will be of great interest to academics and researchers of contemporary politics, international relations, business, and Asian studies. The lay reader will also find the book accessible.

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This book covers an extensive range of critical issues in modern Intellectual Property (IP) law under three broad headings: Technology, Market Freedom and the Public Domain; Intellectual Property and International Trade; Traditional Knowledge, Technology and Resources. Uniting contributions at the cutting edge of IP research, the authors, all former or current members and associates of the Queen Mary Intellectual Property Research Institute, University of London, address a number of diverse topics in relation to existing copyright, trademark and patent law. They examine political and juridical issues in fields such as geographical indications and traditional knowledge, agriculture and information technology, pharmaceuticals and access to medicines, human rights and IP strategy.The book will appeal to academics, researchers, students, and to practitioners concerned with all areas of intellectual property.

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This book provides a comprehensive, interdisciplinary and highly accessible introduction to water resource management, covering topics such as: the ecology of surface waters international regulations and economics stakeholder participation in management tools and methods for decision making integrated modelling decision making and water policies stakeholder participation and social issues. Experts across a wide range of specialist fields including social sciences, informatics, ecology and hydrology are brought together in this truly multidisciplinary approach to water management. They provide the reader with integrated insights into water resource management practices that underpin the three pillars of sustainable development - environment, economics and society - through a series of international case studies and theoretical frameworks.

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This book offers a broad perspective on the economics of expectations. Experimental studies are used to analyse how human bounded rationality affects economic performance. The challenges posed for policy making are also addressed.Tobias Rotheli begins by presenting the basic tools and theoretical models necessary to our understanding of rational and boundedly rational expectations and their role in economic life. Key topics discussed include expectations in general equilibrium theory, probabilities and expected utility, heterogeneity of economic agents, behavioural alternatives to forecasting and the effects of expectations heuristics, particularly in financial markets. The author then goes on to explore the fascinating insights behavioural economics - the empirical analysis of economic decision making - has to offer. Here experimental studies illustrate the effects of costly information, the role of pattern recognition as basis of expectations, anticipation and coordination failures, and the role of expectations in determining the general price level. The book also addresses the implications of the experimental findings for applied economics.Aiming to achieve the accessibility of a textbook, this research monograph will appeal to economic researchers interested in economic behaviour and theory, as well as students taking upper-level undergraduate and graduate courses. It will also be of interest to economists working in business and government.

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This volume, part of the TIAA-CREF Institute Series on Higher Education, is based on a national conference, The New Balancing Act in the Business of Higher Education, which was convened by the TIAA-CREF Institute in November 2005. Managing institutions of higher education has always been a balancing act as campus leaders address business issues while staying true to their institutions' academic missions. What makes it increasingly challenging are emerging internal and external factors - including changes in federal and state funding levels, rapidly evolving demographics on campuses and in the workforce, and higher expectations and changing demands from a wide and diverse group of stakeholders. In this volume, higher education leaders explore the challenges facing colleges and universities operating in today's environment with constrained budgets and discuss a variety of strategies and solutions being employed to help ensure the ongoing vitality of America's colleges and universities.

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International entrepreneurship is becoming the focus for major research initiatives in universities throughout the world. This timely volume presents a careful selection of the most important articles on international entrepreneurship. The editors have chosen key contributions from a comprehensive range of sources and have successfully made a selection that represents a variety of different perspectives.The collection begins by highlighting essential concepts and models. There follow sections on: new ventures; knowledge and learning; top management teams; alliances and networks; venture capital; and country comparisons. The final part highlights differences in economic growth among countries with different entrepreneurial traditions.The coverage of topics is comprehensive, and this important volume will be a valuable addition to the libraries of scholars who are new to the field as well as those who are already active researchers in it.

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This major annual publication presents a comprehensive overview of cutting-edge issues in environmental and resource economics. The expert contributors address some of today's most pressing environmental concerns including: pollution control policies Graphical Information Systems (GIS) and spatial analysis disclosure strategies for pollution control environmental policy under imperfect competition transport and the environment optimal forest harvesting. The Yearbook is an essential resource for economists, scholars and practitioners working in environmental and resource economics.

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The Olympic Games is a unique event centering global interest on its host city. The financing of the Games has changed dramatically since Munich (1972) and economic interests and effects are increasingly paramount. It is therefore an anomaly that accurate economic analysis and comparison is not readily available. This is the most detailed study on the economic implications of recent and future Olympic Games over four decades.Holger Preuss analyses the most important issues surrounding the hosting of the Olympics, and its wider economic effects, including: financial gigantism of the Olympic Games commercialisation and its control problems associated with achieving the Olympic requirements and standards the economic legacy of Olympic Games the feasibility of developing countries staging future Olympic Games detailed post Olympic analysis of financial figures conclusions on the economic related achievements of respective Organising Committees. Academics and researchers of sports economics, international economics, international business and competition will all find this fascinating book of great value. The rigorous and authoritative analysis ensures valuable information will be available for future bid cities, and in a wider context, any city planning to bid for a major sporting event. It will also appeal to those interested in the broader context of the Olympic Games and concerned by their commercialisation and gigantism.

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In this wide-ranging selection of papers, distinguished economists, public policy advisers and political theorists contribute to the debate on public goods.The studies cover topics in the conceptualization, classification and stratification of public goods. Also examined are public institutional design, global economic institutions and partnership typologies. Individual papers address the financing, regulatory, organizational and legal aspects relating to services of general interest in Europe. The dynamics of global public good production, including monopolies, patents, scientific uncertainty and market failures, are discussed. Empirical research on the state, profit and non-profit sectors is presented. Providing numerous examples of specific public goods, the contributions also highlight the impact of macroeconomic policies on provision. The book presents a broad diversity of new approaches to global public goods within the framework of mixed economies, beyond the standard economic analysis of public services.Academics, researchers and policymakers in the area of global public goods and services will find this volume of great interest.

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In this wide-ranging selection of papers, distinguished economists, public policy advisers and political theorists contribute to the debate on public goods.The studies cover topics in the conceptualization, classification and stratification of public goods. Also examined are public institutional design, global economic institutions and partnership typologies. Individual papers address the financing, regulatory, organizational and legal aspects relating to services of general interest in Europe. The dynamics of global public good production, including monopolies, patents, scientific uncertainty and market failures, are discussed. Empirical research on the state, profit and non-profit sectors is presented. Providing numerous examples of specific public goods, the contributions also highlight the impact of macroeconomic policies on provision. The book presents a broad diversity of new approaches to global public goods within the framework of mixed economies, beyond the standard economic analysis of public services.Academics, researchers and policymakers in the area of global public goods and services will find this volume of great interest.

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Regulatory economics has become increasingly important over the last quarter of a century, in part as a result of the wave of privatization, starting in the UK, which made the regulation of monopoly of much greater interest. The discipline has also become more rigorous, increasingly employing powerful analytical and econometric methods. This volume brings together some of the leading contributions to the literature on this subject. The book is an invaluable resource for scholars, policymakers and regulators in the study of privatization and regulation.

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This comprehensive book captures the transition of Asian national innovation systems in the era of the global learning economy.The success of Asian economies (first Japan, then Taiwan, South Korea, Singapore, Hong Kong and, more recently, China and India) has made it tempting to look for 'an Asian model of development'. However, the strength of Asian development lies less in strategies that reproduce successful national systems of innovation and more in the capacity for institutional change to open up new development trajectories with greater emphasis on knowledge and learning. The select group of contributors demonstrate that although there are important differences among Asian countries in terms of institutional set-ups supporting innovation, government policies and industrial structures, they share common transitional processes to cope with the globalizing learning economy.With strong implications for policy makers, Asia's Innovation Systems in Transition will be of great interest to academics and postgraduate students as well as national and international policy organizations.

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For this comprehensive collection, the editor has selected some of the most important labor law and economics papers today. This two-volume set tracks the development of the theoretical and empirical scholarship on labor law across a number of disciplines, bringing together traditional legal theory and labor economics, along with more recent findings in behavioral economics.The first volume begins with a broad overview of labor regulation around the world. It then offers major articles on the economics of American labor law and the welfare effects of labor regulation in the US and abroad. The second volume addresses the variety of mandated employee benefits, from minimum wages to maternity benefits and wrongful discharge laws. The collection concludes with some major papers on race and sex discrimination in employment.

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Beyond Conventional Economics presents new original work from leading scholars on the interface between the individual and political and social institutions. The book offers a critique of the inadequacies of the conventional economic approach to politics and a state-of-the-art view of new paradigms challenging the dominant economic notion of the individual. A number of chapters also explore the limits of individually rational behaviour in political decision making - some by challenging the orthodox content of the idea of rationality, others by providing fresh views on the operation of political processes.This book is a must-read for anyone interested in understanding individual behaviour under limited rationality. Thought-provoking and enlightening, this is a unique book documenting a meaningful debate on the limits of rational behaviour inside public choice circles and will appeal to a wide audience of economists, political scientists and public choice scholars.

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This unique reference book provides an array of diverse perspectives on international entrepreneurship, a new and emerging field of research that blends concepts and methodologies from more traditional social sciences. The Handbook includes chapters written by top researchers of economics and sociology, as well as academic leaders in the fields of entrepreneurship and international business. State-of-the-art contributions provide up-to-date literature reviews, making this book essential for the researcher of entrepreneurship and the internationalisation of entrepreneurs.

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In this comprehensive collection Jeffrey Rachlinski brings together the most important previously published articles in the emerging field of behavioral law and economics. His selection represents a novel blending of economics, psychology and law. The three volumes cover such constituent topics as suit and settlement, torts, civil rights and discrimination, criminal law, trial processes and paternalism and regulation. The editor has written an original introduction which provides insightful coverage of this new and exciting area of study.

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This highly accessible book brings together the insights of leading academics and researchers to promote a better understanding of the role of private equity providers in the development of growth-oriented start-ups and the management of growth processes. The book explores the domain of start-up and business venturing, and within this realm, the perspectives of the entrepreneur, the venture capitalist, the financial community and the role of government in private equity are considered. Specifically, topics discussed include: the venture capital industry investment in venture capital funds in Europe the Equity Gap European private equity funds the role of private equity in the creation of university spin-out companies motivation of entrepreneurs towards private equity operations. Providing theoretical frameworks together with practical conclusions and implications, this book will be warmly welcomed by academics and practitioners alike. It will be of particular value to scholars with an interest in business, management and entrepreneurship, to investment professionals and policy advisors involved in stimulating entrepreneurship, and, of course, to entrepreneurs themselves.

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The changing face of infrastructure facilities management worldwide is characterised by high demand for investments in renewal and maintenance, governmental budget constraints and innovations in information systems. The authors highlight the growing demand for accurate, complete and continuous disclosure of information related to management activities, expenditures, stock availability and shadow prices. This study discusses how infrastructure facilities, commonly considered as a public good, have been traditionally funded by the public sector but that the efficiency of this approach has come into question at the same time as the ability of governments to leverage funds for new facilities and for maintenance and rehabilitation of existing ones has decreased. These factors, they argue, have led to increasing interest in private sector participation in financing, building and operating public infrastructure.The main purpose of this book is to: present recent theoretical and practical advances as well as new concepts and paradigms in infrastructure systems provide a state-of-the-art overview of current research stimulate new research and innovative thinking on the interface between infrastructure measurement and management. The book, written by numerous experts in the field, will appeal to national and regional infrastructure ministries and agencies, companies engaged in infrastructure financing, construction, management and maintenance as well as students at graduate level and above and researchers in civil engineering, infrastructure planning and infrastructure economics and management.

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Economic analysis is becoming an increasingly powerful means of illuminating the European Union legal system, both as a method of deciphering and of influencing EU policy. This important volume focuses upon this relationship between economics and EU law, elucidating both the complex and complementary nature of these two subjects. This authoritative selection of articles includes topics such as the politics of European federalism, the law and economics of immigration policy, judicial review and corporate governance in the European Union. Professor Stephan's perceptive introduction highlights the interrelated aspect of these subjects and the potential conclusions to be drawn from the volume as a whole.

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The study of emotions and their effects in the workplace has become one of the 21st century's most exciting and burgeoning fields of organizational research. This unique work confirms that it has become increasingly clear that emotions are an essential element of our understanding of organizational life.This Companion brings together many leading scholars to address a wide range of topics in 38 chapters, across five levels of organizational analysis - including within-person, between-person (individual differences), relationships, groups, and the organization as a whole. Chapters tackle structure and measurement of emotion, antecedents and consequences of positive and negative emotions, including effects on work satisfaction and performance. The expression, recognition, and regulation of emotion and the propagation of mood and emotion in groups are also dealt with. The Companion explores contemporary issues including leadership, organizational climate and culture, as well as organizational change.With cutting edge research and comprehensive coverage of emotion in organizations this Companion will be of invaluable interest to postgraduate students and scholars in the fields of organizational behavior, organizational science, and industrial and organizational psychology.

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Presenting the challenges and opportunities ahead, the contributors to this volume critically examine the current status and future direction of research in international marketing. The result of a sustained and lively dialogue among contributors from a variety of cultures, this volume gathers their perspectives and many insights on the revitalization of the field. The authors address the way international marketing actually functions, as well as theoretical explorations of how it should function. Some of the papers break through the bounds of traditional disciplines and methodologies to borrow whatever tools and concepts are needed for a particular inquiry. Others are less concerned with testing existing theory than with generating new insights. Still others provide results that are significant for managers. Many of the contributors are drawn to problems broad in scope and offer insights that are of considerable value for advancing the state of the art. Part I offers a review of the state of the art in international marketing and examines market orientation and withdrawal. Parts II through IV cover foreign market entry modes, strategy, and cross cultural issues. Parts V and VI discuss global electronic commerce as well as diffusion models, country equity, and global scorecards.A timely and innovative volume, Handbook of Research in International Marketing is a must read for anyone interested in marketing research or international business.

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Competitive markets are now established in most successful economies but the question of what competition is and what it means for policy in developing countries is often overlooked. This book provides a refreshing and critical examination of the issues relating to market competition and competition policy. The book discusses competition from different theoretical perspectives and examines the implications these viewpoints have for policy. The contributors assess competitiveness in domestic markets and the impact of foreign competition. They also review the experiences of a range of countries in developing competition policy and examine both the strengths and weaknesses of these policies.Written in a non-technical manner, Competitive Advantage and Competition Policy in Developing Countries is addressed to policymakers, as well as academics, concerned with regulation and competition. It will also be of interest to regulators in dedicated agencies such as utility regulators, competition agencies and those dealing with regulatory impact assessment.

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This book provides a comprehensive account of the role of the advisory, legislative and implementation committees involved in the policy-making process of the European Union. This is an aspect of EU politics that is often overlooked and remains under-researched, even though such committees can have wide-ranging influence in the policy-process. The group of international scholars contributing to this volume are all experts in their field, coming from different disciplinary backgrounds including political science, law and public administration. The volume combines contributions to a discussion of the normative issues arising from the nature of 'committee governance' in the EU with more empirical contributions on the role of committees in each of the stages of the EU policy-process: policy-preparation, legislative decision-making, policy-implementation and adjudication. The result is a text that provides not only a thorough overview of the role of committees in the EU today but also contributes to a deeper understanding of the nature of European governance.The Role of Committees in the Policy-Process of the European Union will find its audience in final year undergraduate and postgraduate students and researchers of European studies and politics. Practitioners, NGOs and lobbyists involved in the work of the EU will all find this a uniquely useful book.

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This important book offers a comprehensive defence of classical liberalism against contemporary challenges. It sets out an analytical framework of 'robust political economy' that explores the economic and political problems that arise from the phenomena of imperfect knowledge and imperfect incentives. Using this framework, the book defends the classical liberal focus on markets and the minimal state from the critiques presented by 'market failure' economics and communitarian and egalitarian variants of political theory. Mark Pennington expertly applies the lessons learned from responding to these challenges in the context of contemporary discussions surrounding the welfare state, international development, and environmental protection. Written in an accessible style, this authoritative book would be useful for both undergraduate and graduate students of political economy and public policy as a standard reference work for classical liberal analysis and a defence of its normative prescriptions. The book's distinctive approach will ensure that academic practitioners of economics and political science, political theory and public policy will also find its controversial conclusions insightful.Contents: 1. Introduction: Classical Liberalism and Robust Political Economy; Part I: Challenges to Classical Liberalism; 2. Market Failures 'Old' and 'New': The Challenge of Neo-Classical Economics; 3. Exit, Voice and Communicative Rationality: The Challenge of Communitarianism I; 4. Exit, Trust and Social Capital: The Challenge of Communitarianism II; 5. Equality and Social Justice: The Challenge of Egalitarianism; Part II: Towards the Minimal State; 6. Poverty Relief and Public Services: Welfare State or Minimal State?; 7. Institutions and International Development: Global Governance or the Minimal State?; 8. Environmental Protection: Green Leviathan or the Minimal State?; 9. Conclusion; Bibliography; Index

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The opening up of world markets, rapid growth of trade and foreign direct investment create manifold problems for competition policy. Thus, international mergers may have adverse effects on many countries, international cartels may carve up world markets and dominant firms may seek to maintain their global position by exclusionary conduct. These problems have been recognised for more than half a century and some attempts have been made internationally to address them, so far with limited success. This progressive book seeks to explore the problems and concerns that globalisation has created for competition policy. The book begins by setting out the principles of competition and trade policies, and then goes on to address the impact of market globalisation on what are usually thought of as traditional antitrust concerns. These include the analysis of the difficulties arising from collusion and other restrictive practices, government sponsored 'voluntary co-operation', vertical restrictions and market access, pricing strategies of dominant firms and international mergers, all illustrated with a number of prominent case studies. The author concludes with an illuminating discussion on the feasibility of international co-operation on competition policy, the faltering progress that has been made so far and the prospects for future advances.This comprehensive volume will prove to be an invaluable resource to students and scholars of law and economics. It will also find wide appeal amongst researchers, policy makers and practitioners with an interest in industrial organisation, antitrust policy and globalisation.

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East Asia has been an area of high economic growth for several decades. The East Asian High-Tech Drive argues that to maintain the growth momentum, the more advanced East Asian economies need to pay particular attention to policies designed to upgrade their industrial capabilities. The authors argue that effectively functioning institutions, predictable commercial policies, investments in human capital and infrastructure, openness and macroeconomic stability are essential for growth and technological development. Regarding the two lower income economies in the sample, Indonesia is found to have the smallest improvement in the skill intensity of its exports, while the Philippines has registered the slowest economic growth. For both countries, industrial upgrading issues are not as imperative as achieving or regaining rapid, labour-intensive growth as both recently experienced major political instabilities.Yun-Peng Chu and Hal Hill have gathered together a strong and cohesive collection of papers written by country experts on the issue of high-tech industrialization in East Asia. They present case studies of Singapore, Korea, Taiwan, Malaysia, the Philippines, Thailand, the PRC and Indonesia. The book uses a new measure of the skill intensity of exports that, it is argued, deepens our understanding of industrialization trajectories in this important and dynamic region. There are also detailed examinations and assessments of government policies in each economy. The editors have prepared an overview chapter that summarizes and integrates the main results of cross-country comparisons in a coherent manner.Academics, scholars and researchers of economic development, industrial and technology studies and Asian studies will all find much to engage them within this book.

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It is now widely accepted that expansionary fiscal or monetary policies alone are unlikely to help Europe's ailing economies. Solving Europe's economic problems requires reform of the economic institutions that influence economic activity and the way the economy responds to macroeconomic shocks. This volume employs novel approaches to the study of some of these institutions. The group of contributors in this book come from academia and international organizations in Europe and the USA. They focus on trade unions, which affect real-wage flexibility and the provision of training to workers. They also concentrate on employment protection legislation, which discourages firms from firing old workers and also from hiring new ones. The structure of housing market imperfections that can greatly affect regional mobility is also discussed. Labour economists and scholars of European studies, as well as economic policymakers, will read Labour Market Adjustments in Europe with great interest.

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This book examines the legal standards - and their underlying economic rationale - for the protection of competition in the innovation process, in both European competition law and American antitrust law. Apart from relevant regulatory frameworks, the author also reviews a range of case laws, which assess whether a transaction or unilateral conduct would limit market participants' incentives and abilities for continued innovation and future competition. At the centre of this study is the innovation market concept. This concept entails the delineation, for purposes of antitrust analysis, of an upstream market for competing R&D. Questions of market definition, the assessment of innovation competition in defined markets, the role of efficiencies in the appraisal of transactions and possible remedies to alleviate anti-competitive effects are also explored.Updating the field of research in light of new developments and broadening and deepening the categorization and analysis of the innovation market area, this book will be of great interest to academics, practitioners and consultants, and also public policymakers.

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Integrated assessments of the impacts of, and adaptation to, climate change and variability at urban and regional scales are presented in this comprehensive volume. Six thematically distinct yet methodologically related projects illustrate 'horizontal' integration, which focuses on impacts and responses across different sectors, and 'vertical' integration, which traces changes from the climate system through to the economy and society. Areas of application include water resource allocation, wildfire management, agriculture, public health and urban infrastructure in the United States. In its development of methodologies and their applications to individual regions, this book presents a rich set of insights and a set of guides for investment and policymaking. Each of the six studies focuses on a finer geographic scale than is customary in integrated assessment research. They introduce innovations for impact analysis and contribute to the knowledge of localized experiences of climate change - how it affects a variety of sectors, how different stakeholders perceive its implications and adapt to it, and how decision support systems can promote dialogues between researchers, stakeholders and policymakers. The contributors' conclusions will be of great interest to urban and regional planners, environmental scientists and engineers, physical and human geographers, ecologists, environmental and natural resource economists, public administrators, public service providers and utility managers, among others.

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This book analyses productive systems from a structural relational perspective, linking the structure and evolution of productive systems to economic development. An epistemological approach is adopted, which considers the social nature of economic actors and the importance of historical and geographical aspects. MarIa Semitiel GarcIa uses the structure and evolution of an agro-food and a metal-mechanical regional productive system to illustrate the benefits of adopting the network perspective as a methodological approach in economic research. The existence and persistence of inter-regional development differences, the structure of production systems, the role of services in these systems and the role of social capital in development are also discussed. Highlighting a holistic and comprehensive study of productive systems and its relationship with development, this book will strongly appeal to a wide-ranging audience, encompassing those with a special interest in regional development, institutional economics, industrial economics and policy, social network analysis and economic sociology.

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Honoring Keith Griffin's more than 40 years of fundamental contributions to the discipline of economics, the papers in this volume reflect his deep commitment to advancing the well-being of the world's poor majority and his unflinching willingness to question conventional wisdom as to how this should be done. Four overarching themes recur in Keith Griffin's work and this book: the need to both eradicate poverty and redress inequalities in the distribution of wealth within and among nations; the impact of growth on inequality, and conversely inequality's impact on growth; the political economy of policy-making; and the need for openness to heterogeneity in both analytic tools and in policy recommendations. The volume begins with an introduction by the editors followed by a paper by Keith Griffin. In succeeding chapters the contributors explore strategies for reducing poverty and inequality, and provide perspectives on issues such as human development, the rural/urban divide in China, and biodiversity and sustainability. Students, researchers, policymakers and NGO analysts exploring issues in development economics, development studies, alternative economic systems, globalization, environmental sustainability, inequality and well-being will find this book of great interest.

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The authors of this book advance the Appreciative Sharing of Knowledge (ASK), a unique approach by which organizations create a culture that facilitates the sharing of information. Using social constructionist approaches, historical data, and case studies, the authors demonstrate that appreciation - or affirmation - is the key ingredient for people to trust each other and overcome their inhibitions and concerns about sharing what they know. The hyper-competitive culture of many organizations has created a knowledge-hoarding climate that many firms struggle to change. The ASK process can reinvent, in a sustainable manner, how we think about organizing knowledge. By linking practices, artifacts, technologies and managerial skills, the ASK model offers a management framework for a wide range of enterprises. One of the basic tenets put forth is that if knowledge is shared appreciatively, managing knowledge will no longer be an issue. The authors expand on the concept of appreciation and illustrate how systems can be created to institutionalize knowledge sharing. In addition, they give examples of organizations that have planted the seeds for the exchange to happen. Academics and practitioners in the fields of knowledge management and organizational behavior and development will find this innovative study of great value. The findings will also be of great practical use for managers and executives in a variety of firms.

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This book explores the relationship between exports and productivity. Whilst a body of research indicates that exporters have superior productivity to non-exporters, received wisdom suggests that this is because productive firms became exporters. Robert Salomon approaches this issue from a different angle. He argues that exporters can access diverse knowledge inputs that are not available in the domestic market, and that this knowledge can spill back to the focal firm and, through learning, can foster increased innovation. Therefore, exporting can also make firms more productive.This book examines how exporters derive such advantages by analyzing the relationship between exporting strategies and innovation, with empirical evidence from a representative sample of manufacturing firms. In contrast to existing findings, this book presents evidence consistent with learning by exporting - albeit in dimensions not previously examined in the literature. Furthermore, the results suggest that exporting strategies influence innovative productivity in complex ways, with important implications for research in international business, strategy, and innovation.Questioning whether firms actually learn from exporting experiences and how they do so, this unique study will prove a fascinating read for academics, researchers, and government and economic policy makers with an interest in business and management, international business, and of course, exporting.

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In this collection of autobiographical essays, 26 prominent scholars detail their profes sional development, while offering insight into their lives and philosophies. With candor and humor they relate how they came to the field of economics, as well as how their views have evolved over the years.Highlights of the collection include discussions by: Irma Adelman on how World War II shaped her life; Mark Blaug on how Marxism, involvement with the Communist Party, and McCarthyism influenced his scholarship; Victor Fuchs on economic perspective and its applicability to many disciplines; Allan Meltzer on his development as a researcher; and Julian Simon on his eclectic career and untraditional path to economics. Examining the essayists' reflections affords us the opportunity to explore the question of what makes distinctive and exciting scholarship while allowing us to probe the criteria for excellence. These thoughtful essays will be of great value to students of economics and to all those interested in personal recollections of wise and accomplished scholars.

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This enlightening and significant volume focuses on the nature, causes and features of economic growth across a wide range of countries and regions. Covering a variety of growth related topics - from theoretical analyses of economic growth in general to empirical analyses of growth in the OECD, transition economies and developing economies - the distinguished cast of contributors addresses some of the most important contemporary issues and developments in the field. These include, amongst others: endogenous growth theory Keynesian theories of the business cycle and growth unemployment and growth FDI and productivity spillovers knowledge externalities and growth. This useful analysis of the many facets of economic growth will be an essential read for those interested in economic theory and economic policy-making, as well as students and scholars of macroeconomics and finance.

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Peter Kresl brings unique and invaluable empirical evidence, from the early 1990s through to 2005, to examine the relationship between urban competitiveness and economic-strategic planning for ten internationally networked cities within the EU.Planning Cities for the Future links the study of urban economic competitiveness with urban planning and is able to ascertain the crucial factors for success in this area of public policy. These factors include effective governance, leadership and monitoring of performance. The author also reveals how economic turbulence - macro-economic stagnation, the emergence of competitors such as China and Central Europe and the introduction of the euro for example - all have distinct impacts on the economic development of cities. He also suggests that today's economic strengths may create tomorrow's social pathologies, a fact which city planners must always keep in mind. Peter Kresl's book offers examples of cities that got it right and others that did not.Scholars and researchers interested in public sector economics, urban economic development and planning as well as city planners themselves will find much to interest and stimulate them in this book.

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