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Author : Yasuhiro Monden
Publisher :
ISBN 13 : 9789813207783
Total Pages : pages
Book Rating : 4.2/5 (77 download)
Download or read book Open Inter-firm Network for Open Innovation by Incentive Price written by Yasuhiro Monden and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Monden Yasuhiro
Publisher : World Scientific
ISBN 13 : 9813207795
Total Pages : 524 pages
Book Rating : 4.8/5 (132 download)
Download or read book Economics Of Incentives For Inter-firm Innovation written by Monden Yasuhiro and published by World Scientific. This book was released on 2018-02-22 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the current environment of severe global competition, an uncertain business future as well as shorter product life cycles, companies have a pressing need to develop new products and businesses rapidly. In this book, Professor Yasuhiro Monden expounds on his theories about inter-firm networks and incentive price systems as important mechanisms to encourage innovation. The author has coined the term incentive price system to explain profit allocation systems which will motivate inter-firm collaboration to develop new customer-pleasing products or businesses. He notes that such a comprehensive concept of incentive price has not been studied in conventional economics but is invaluable for solving various profit allocation problems. The theories in the book are richly illustrated by many case studies from the automobile, auto-parts, smartphone, semiconductor, convenience store and nuclear power electricity industries. Examples from the automobile industry account for more than half of the case studies because the author has accumulated much practical knowledge and experience from research and related activities in the Japanese automobile industry over several decades. This book will be of interest to researchers and practitioners of lean or just-in-time production, as well as those involved in related areas such as managerial accounting, managerial economics, corporate finance, organization theory and cooperative game theory. Contents: Preface Introduction: Research Theme, Framework and Summaries of Each Chapter Critical Comments on the Traditional Organization and Price Theories Innovations for Social Problems: Business Innovation in General: Open Innovation Based on the Business Ecosystem Environmental Problem: Open Innovation of Eco-Cars Based on the Global Inter-Firm Collaboration Wage Difference Problem: Smile Curve and Fair Allocation of the Global Value-Added among Nations Inter-Firm Innovations Can Solve the Wage Differentials in the Supply Chain Open Inter-Firm Network: From Adam Smith's Division of Labor to the Network Organization How Can the Open Network Organization be Constructed via M&A? Design of "Open" Global Supply Chain Robust Supply-Chain for the Disasters Incentive System by the Inter-Firm Profit and Loss Allocation: How to Value the Intangible Assets for Allocating the Synergy Effect in the Global Inter-Firm Network How to Determine the "Acquisition Price" for Purchasing the Firm in M&A Risk Sharing and Risk Spreading Based on the "Full Cost-based Transfer Price" A Convenience-Store Chain: Cost Sharing and Profit Sharing that Motivate the Inter-Firm Cooperation Nuclear Power Electric Company: How Can All Stakeholders "Share the Burdens" of Solving Damage Liability and Business Turnaround? Theoretical Analysis of Incentive Price: Two Transfer Prices: The Market Price for Balancing Supply and Demand and the Incentive Price for Inter-Firm Collaborations Cooperative Game Theory and "Φ stability" for the Profit Allocation by the Cumulative Opportunity Cost Method Note on the Management Philosophy for Collaboration: Note on Management Philosophy for Inter-Firm Collaboration Readership: Researchers and practitioners who are interested in lean or just-in-time production systems and management. Keywords: Open Innovation;Open Network Organization;Incentive Price System;Inter-firm Collaboration;Supply Chain ManagmentReview:0
Author : Peter H. Hall
Publisher :
ISBN 13 :
Total Pages : 438 pages
Book Rating : 4.0/5 ( download)
Download or read book Innovation, Economics and Evolution written by Peter H. Hall and published by . This book was released on 1994 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores how changing technology can influence economic systems and vice versa. This text studies the impact of innovation on inter-firm competition at the industry level; technological progress and long run growth; and the economics of the firm as it relates to adopting innovations.
Author : Blandine Laperche
Publisher : Peter Lang
ISBN 13 : 9789052016023
Total Pages : 232 pages
Book Rating : 4.0/5 (16 download)
Download or read book Innovation Networks and Clusters written by Blandine Laperche and published by Peter Lang. This book was released on 2010 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Economics, networks are increasingly used to describe the many links created between independent companies, as well as between them and other institutions (universities, banks, venture capital, etc.). In the current global and knowledge-based economy, they can be characterised as knowledge factories and knowledge boosters. They feed the internal processes of innovation (collaborative innovation) or the external processes of innovation, created by the propagation effects that come from inter-firm collaboration. The book explains how innovation networks are at the origin of the production of new knowledge that will be transformed and used in common as well as in separated production processes. This characteristic of networks as knowledge factories gives incentives to further investment in the production of knowledge and ensures the cumulativeness of the innovation process. Some of the authors clearly take a territorial point of view and study how clusters (in different parts of the world: Europe, Eastern Asia and North America) propelled by the quality of the innovation networks they enclose, can be characterised as knowledge pools into which the local actors will be able to draw to reinforce their individual and collective competitiveness. This book also includes analyses of the quality of the networks built within clusters, which may help their identification.
Author : Morton I. Kamien
Publisher : Cambridge University Press
ISBN 13 : 9780521293853
Total Pages : 252 pages
Book Rating : 4.2/5 (938 download)
Download or read book Market Structure and Innovation written by Morton I. Kamien and published by Cambridge University Press. This book was released on 1982-02-26 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technical advance requires resources and is motivated by the quest for profits; therefore, the rate and direction of advance is determined by the economic system. Recognition of this fact has focused attention on the performance of the market economy in the allocation of resources to technical advance, and the consequent body of research is surveyed and synthesised in this book. The theories of market structure and innovation proposed by Schumpeter, Galbraith, Arrow, Schmookler, Scherer, Mansfield, Phillips, Barzel, Kamien and Schwartz, Loury, Nelson and Winter, Grabowski, Dasgupta and Stiglitz, and others are presented in an integrated form. These theories deal with the nature of competition, the incentives to innovate and the pace of innovative activity under different market structures, and the existence of a market structure that yields the most rapid rate of innovation. In addition, the findings of seventy empirical studies dealing with various facets of the microeconomics of technical innovation are presented. The book is designed to be accessible to economists working in a variety of situations - in universities, business and government - and who are concerned with questions of technical innovation. It is also suitable for senior-level undergraduates and first year graduate students approaching the subject in a comprehensive way for the first time.
Author : Nicholas S. Vonortas
Publisher : Springer Science & Business Media
ISBN 13 : 1461555116
Total Pages : 292 pages
Book Rating : 4.4/5 (615 download)
Download or read book Cooperation in Research and Development written by Nicholas S. Vonortas and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cooperation in Research and Development provides an empirical and theoretical analysis of a distinct form of inter-firm collaboration in Research & Development (R&D): research joint ventures (RJVs). Of all types of cooperation, RJVs have received the most attention in both formal industrial organization and science and technology policy literature. The emerging theoretical economic literature on incentives of firms to join RJVs has not been followed by much empirical work. Cooperation in Research and Development attempts to fill the void caused by this lack of consistent data on the rate of RJV formation, RJV characteristics, and RJV member characteristics. Significant attention is paid to the role of RJVs in facilitating `virtual' firm diversification as necessary to pursue particular technological objectives. An effort is also made to blend the reported theoretical and empirical analyses with conceptual models of the process of technological innovation and models of industrial evolution in order to provide answers beyond the reach of the received economic theory. Cooperation in Research and Development should be of interest to academic economists, policy makers, and business representatives. The microeconomic issues the book deals with overlap significantly with the interests of decision makers both in government and business.
Author : Meghana Ayyagari
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4./5 ( download)
Download or read book Firm Innovation in Emerging Markets written by Meghana Ayyagari and published by World Bank Publications. This book was released on 2012 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors investigate the determinants of firm innovation in over 19,000 firms across 47 developing economies. They define the innovation process broadly, to include not only core innovation such as the introduction of new products and new technologies, but also other types of activities that promote knowledge transfers and adapt production processes. The authors find that more innovative firms are large exporting firms characterized by private ownership, highly educated managers with mid-level managerial experience, and access to external finance. In contrast, firms that do not innovate much are typically state-owned firms without foreign competitors. The identity of the controlling shareholder seems to be particularly important for core innovation, with those private firms whose controlling shareholder is a financial institution being the least innovative. While the use of external finance is associated with greater innovation by all private firms, it does not make state-owned firms more innovative. Financing from foreign banks is associated with higher levels of innovation compared with financing from domestic banks.
Author : Jonas Heite
Publisher : Springer Gabler
ISBN 13 : 9783658292300
Total Pages : 219 pages
Book Rating : 4.2/5 (923 download)
Download or read book Incentives for Collaboration and Competition written by Jonas Heite and published by Springer Gabler. This book was released on 2020-02-26 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Individuals and firms can improve their performance through collaboration and competition. However, it is still an open question how collaboration and competition schemes can be optimally designed and incentivized in order to exploit their full potential. Jonas Heite investigates this question by assessing efforts to stimulate R&D collaboration and by examining properties as well as underlying mechanisms (e.g., effort, risk, confidence and stress) of ability configurations in contests. Based on three large-scale economic studies covering laboratory, field and natural experiments, the author applies novel and sophisticated econometric methods to provide causal empirical evidence that yields important implications for policymakers, managers and researchers.
Author : Katsuhiko Kokubu
Publisher : World Scientific
ISBN 13 : 9811201714
Total Pages : 255 pages
Book Rating : 4.8/5 (112 download)
Download or read book Sustainability Management And Business Strategy In Asia written by Katsuhiko Kokubu and published by World Scientific. This book was released on 2019-10-15 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainability is a concept that unifies the environment, economy, and society, and has spread as a key concept in enterprise management. The United Nations adopted the Sustainable Development Goals (SDGs) in 2015, which require worldwide efforts to reach a sustainable society, and also applies to private enterprises.Sustainability should be developed in connection with management strategy, and Asia's role, including that of Japan, is important to improve global sustainability. This book addresses how sustainability management in the Asian context is currently practised and proposes practices for the future.Investigation of the effect of business domain characteristics on the integration of sustainability and management, and elucidation of the process and features of EMCS (Environmental Management Control System) inside and outside of companies have been indicated. The book points that companies need to use and design Sustainability Management Control Systems in order to implement a CSR (Corporate Social Responsibility) strategy and match employees' behavior to CSR activities.MFCA (Material Flow Cost Accounting) has started to expand rapidly into other Asian industries from Japan as a method of Environmental Management Control. The fundamental idea and procedure of MFCA and many case examples of Japanese MFCA have been reported. These findings help us to consider a policy for continuous use of MFCA. Moreover, the relationship between Toyota Production System and MFCA has been explained and 'Material Flow Time Costing' as a new management accounting concept is proposed.Based on the literature review, the study has made recommendations for Asian companies' strategic management and governmental policy-making to improve both quality and quantity of sustainability disclosure in Asia. One of the papers has identified the development and implementation of social and environmental accounting by Indonesian state-owned enterprises and their determining factors. In a Japanese manufacture, the effect of smoothed production has been analyzed as an example of environmental management. This led to an increase in production quality without additional capital spending.
Author : Andreas Pyka
Publisher : Edward Elgar Publishing
ISBN 13 : 9781843760405
Total Pages : 0 pages
Book Rating : 4.7/5 (64 download)
Download or read book Innovation Networks written by Andreas Pyka and published by Edward Elgar Publishing. This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this book is the integration of these different perspectives in order to develop a common theory of innovation networks. In this respect, a general model of innovation networks is applied to different industrial sectors such as the biotechnology industry, the telecommunications industry and knowledge-intensive business systems which form the backbone of the internet economy. By combining empirical case studies with theoretical work on the emergence of innovation networks, the authors are able to identify the mechanisms and circumstances which can contribute to their successful development and evaluation.
Author : Alfonso Gambardella
Publisher : Cambridge University Press
ISBN 13 : 9780521643030
Total Pages : 418 pages
Book Rating : 4.6/5 (43 download)
Download or read book The Organization of Economic Innovation in Europe written by Alfonso Gambardella and published by Cambridge University Press. This book was released on 1999-11-18 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: The structures and dynamics of technological innovation in Europe analysed in theory and in practice.
Author : Ashish Arora
Publisher : MIT Press
ISBN 13 : 0262261367
Total Pages : 351 pages
Book Rating : 4.2/5 (622 download)
Download or read book Markets for Technology written by Ashish Arora and published by MIT Press. This book was released on 2004-01-30 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past two decades have seen a gradual but noticeable change in the economic organization of innovative activity. Most firms used to integrate research and development with activities such as production, marketing, and distribution. Today firms are forming joint ventures, research and development alliances, licensing deals, and a variety of other outsourcing arrangements with universities, technology-based start-ups, and other established firms. In many industries, a division of innovative labor is emerging, with a substantial increase in the licensing of existing and prospective technologies. In short, technology and knowledge are becoming definable and tradable commodities. Although researchers have made significant advances in understanding the determinants and consequences of innovation, until recently they have paid little attention to how innovation functions as an economic process. This book examines the nature and workings of markets for intermediate technological inputs. It looks first at how industry structure, the nature of knowledge, and intellectual property rights facilitate the development of technology markets. It then examines the impacts of these markets on firm boundaries, the division of labor within the economy, industry structure, and economic growth. Finally, it examines the implications of this framework for public policy and corporate strategy. Combining theoretical perspectives from economics and management with empirical analysis, the book also draws on historical evidence and case studies to flesh out its research results.
Author : Fabrizio Cafaggi
Publisher : Edward Elgar Publishing
ISBN 13 : 1849809690
Total Pages : 265 pages
Book Rating : 4.8/5 (498 download)
Download or read book Contractual Networks, Inter-firm Cooperation and Economic Growth written by Fabrizio Cafaggi and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: This insightful book presents a legal and economic analysis of inter-firm cooperation through networks as an alternative to vertical integration. It examines comparatively various forms of collaboration, ranging from consortia to multiparty joint ventures and from franchising to dealerships. Collaboration among firms of different sizes helps to overcome numerousweaknesses of the modern western industrial systems. It permits the governing of vertical disintegration without increasing fragmentation and transaction costs and allows firms to benefit from resource complementarities, favoring division of labour. The contributing authors, primarily focusing on Europe and the US, address important ways in which legal systems provide a framework for inter-firm coordination. It is clear from the analysis that significant obstacles to collaboration still remain, and the authors call for legal reforms at European and Member States level.
Author : Henry Sauermann
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (297 download)
Download or read book Individual Incentives as Drivers of Innovative Processes and Performance written by Henry Sauermann and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Applied economists and strategy scholars have examined a variety of firm-level factors that may explain the level and direction of firms' innovative effort and performance, including firms' profit incentives. Innovation at the firm level, however, should also depend heavily on the nature of the pecuniary and non-pecuniary incentives driving the efforts of those individuals that are responsible for innovative activities within firms. Drawing on research in economics and social psychology, I examine three questions: 1. What are the motives of individuals engaged in firm innovation? 2. How do individuals' motives and incentives affect their innovative effort and performance? 3. How do individuals' motives and incentives differ between entrepreneurial and established firms, and are any such differences associated with differences in innovative effort and performance? My empirical analysis builds on the National Science Foundation's SESTAT data, which contain survey responses from over 10,000 scientists and engineers employed in U.S. firms. Among others, the data contain measures of individuals' extrinsic, intrinsic, and social motives (e.g., preferences for work benefits such as salary, intellectual challenge, and contribution to society), effort, and innovative performance. In chapter Two ("What makes them tick - Employee motives and firm innovation"), I develop a formal model of the relationships between individuals' motives and incentives, effort, and innovative performance. Econometric analyses using the SESTAT data suggest that individuals' motives have significant effects upon innovative effort, as well as on innovative performance, controlling for effort. Overall, intrinsic motives (in particular, intellectual challenge) appear to be more beneficial for innovation than extrinsic motives. In chapter Three ("Fire in the belly? Individuals' motives and innovative performance in startups and established firms"), I examine differences in motives, effort, and performance between startups and established firms. I find that individuals' extrinsic motives differ significantly between startups and established firms, while their intrinsic motives are surprisingly similar. Startup employees expend more effort and have higher patent application counts than individuals in established firms. Individuals' motives explain only a limited amount of these effort and performance differences across firm types, however, because the intrinsic motives that are most strongly associated with effort and performance differ little between startups and established firms.
Author : Nathalie Lazaric
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781956731
Total Pages : 312 pages
Book Rating : 4.9/5 (567 download)
Download or read book Trust and Economic Learning written by Nathalie Lazaric and published by Edward Elgar Publishing. This book was released on 1998-01-01 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This book is a welcome addition to two growing literatures in economics: on "trust" and "learning". . . . The book is well produced and well edited by Lazaric and Lorenz who provide a useful introduction and overview in their chapter on "The learning dynamics of trust, reputation and confidence".' - Jonathan Michie, The Economic Journal Trust and Economic Learning brings together innovative research by an internationally recognised group of scholars from Europe and the United States. The distinction between trust and a variety of related concepts, including reputation, implicit contracts and confidence is examined.
Author : Suzanne Scotchmer
Publisher : MIT Press
ISBN 13 : 9780262195157
Total Pages : 382 pages
Book Rating : 4.1/5 (951 download)
Download or read book Innovation and Incentives written by Suzanne Scotchmer and published by MIT Press. This book was released on 2004 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economics of intellectual property and R&D incentives explained in a balanced, accessible mixture of institutional details and theory.
Author : Michael Dietrich
Publisher : Edward Elgar Publishing
ISBN 13 : 1781002401
Total Pages : 607 pages
Book Rating : 4.7/5 (81 download)
Download or read book Handbook on the Economics and Theory of the Firm written by Michael Dietrich and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 607 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique Handbook explores both the economics of the firm and the theory of the firm, two areas which are traditionally treated separately in the literature. On the one hand, the former refers to the structure, organization and boundaries of the firm, while the latter is devoted to the analysis of behaviours and strategies in particular market contexts. the novel concept underpinning this authoritative volume is that these two areas closely interact, and that a framework must be articulated in order to illustrate how linkages can be created. This interpretative framework is comprehensively developed in the editors' introduction, and the expert contributors – more than fifty academics of renowned authority – further elaborate on the linkages in the seven comprehensive sections that follow, encompassing: background; equilibrium and new institutional theories; the multinational firm; dynamic approaches to the firm; modern issues; firms' strategies; and economic policy and the firm. Bridging economics and theory of the firm, and providing both technical and institutional perspectives on real corporations, this path-breaking Handbook will prove an invaluable resource for academics, researchers and students in the fields of economics, heterodox economics, business and management, and industrial organization.
