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Evolutionary Economics and Creative Destruction
The central theme of this book is competition treated as an evolutionary process in which the focus is upon economic change and not economic equilibrium. This theme is explored by linking together differences in economic behaviour with the role of markets as co-ordinating institutions. In this picture innovation plays a central role as a primary source of differential behaviour of firms and the purpose of the book is to identify the consequences of these differences for competition and competitive advantage.
Theory of Production
This compelling book contains a comprehensive analytical treatment of the theory of production in a long-period framework. Although the authors take a 'Classical' approach to their subject, the scope of investigation and methods employed should interest all economic theorists. Professors Kurz and Salvadori explore economic systems that are characterised by a particular kind of primary input in the production process, such as different kinds of labour and natural resources. These systems and the corresponding prices can be understood to reflect characteristic features of a capitalist market economy in an ideal way: they express the pure logic of the relationship between value and distribution in an economic system. Specific chapters deal with prices and income distribution, economic growth, joint production, fixed capital, scarce natural resources (both renewable and exhaustible), and heterogeneous labour. The historical origins of the concepts used are also discussed in considerable detail.
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Dynamic Capabilities Between Firm Organisation and Local Systems of Production
This book offers an analysis of how firms manage to reconfigure their pool of resources, to deal with the turbulent environments in which they are embedded, thus tackling the issue of how dynamic capabilities must be defined and conceptualized.
The Evolution of Economic Institutions
This volume documents in a unique manner the momentum the institutionalist, evolutionary research agenda has regained over the past two decades. The thought-provoking contributions come from prominent authors with a rather heterogeneous theoretical background. Nonetheless, they all convene in elaborating on issues that have always been at the core of the institutionalist agenda and show how these issues relate to cutting edge research in modern economics. Ulrich Witt, Max Planck Institute of Economics, Jena, Germany This excellent EAEPE Reader brings together a range of perspectives on the role of institutions in economics. It is very well structured, with parts on microeconomics, macroecono...
The Evolution of Industrial Districts
Italian industrial districts (IDs) recently attracted international attention because their performance during the last few decades contradicted the alleged weakness of industrial structures based on SMEs in "traditional" sectors. The book analyses some developments taking place in Italian IDs and local systems of production that can represent a new stage of evolution for the backbone of the Italian economy. Based on the extensive use of original databases three main trajectories of change in IDs are presented. The first trajectory is the increasing role of "groups" of manufacturing SMEs arising from mergers and acquisitions as well as spin-off growth processes at the "family firms" level. The second one is the consolidation of innovation capabilities in IDs. And the third one is the internationalisation process of Italian IDs through both trade and foreign direct investment. The essays suggest that Italian IDs are again evolving by coherent adaptations which will have, however, uncertain outcomes.
Industrial Policies and Economic Integration
This volume examines what industrial policies are, and what role they play in the context of European integration. It provides a clear analysis of the process of integration from the Treaty of Rome to the Maastricht Treaty and beyond. Key issues covered include: * the theory of economic integration * policies to create a single market * the role of European Community institutions * policies to guarantee and promote market competition * policies of industrial development and innovation Industrial Policies of Economic Integration develops a new range of policies, aimed at allowing a new common market to enter the global marketplace effectively. This volume will be essential reading for students of European economics and policy makers interested in economic integration.
A Woman in Law
Celia Wells always felt like an outsider. Her unconventional early life was shaped by her Communist Party parents, she grew up as ‘town’ not ‘gown’ in Oxford, surrounded by books but living in a council house. She has uncovered an intriguing backstory with a bigamous grandmother, a convicted forger cousin transported to Australia in the 1840s, and the rise and fall of landed gentry. The author describes her parents’ bohemian friends and their coded language and uses their original wartime correspondence to produce a picture of a fascinating heritage which ran against the grain and shaped an inquiring mind. A Woman in Law shows how the post-war political landscape provided opportuni...
Clustering Dynamics and the Location of High-Tech-Firms
Across a line drawn from New York to Los Angeles, the level of cconomi
