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Technology Demand And The Size Distribution Of Firms
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Book Synopsis Technology, Management and Systems of Innovation by : Keith Pavitt
Download or read book Technology, Management and Systems of Innovation written by Keith Pavitt and published by Edward Elgar Publishing. This book was released on 1999-01-01 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, Keith Pavitt assesses the economic impact of technological change and how it relates to public policy and corporate management practices.
Book Synopsis Innovation and Technological Change by : Zoltán J. Ács
Download or read book Innovation and Technological Change written by Zoltán J. Ács and published by University of Michigan Press. This book was released on 1991 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analysis of market response to technological performance
Book Synopsis Science, Technology and Industry Outlook 1998 by : OECD
Download or read book Science, Technology and Industry Outlook 1998 written by OECD and published by OECD Publishing. This book was released on 1998-10-09 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a discussion of recent trends and prospects in science, technology and industry, based on comparative indicators, such as output, investment and productivity, research and development (R&D), patent activity and innovation and knowledge flows.
Book Synopsis Technology and Industrial Progress by : G. N. Von Tunzelmann
Download or read book Technology and Industrial Progress written by G. N. Von Tunzelmann and published by Edward Elgar Publishing. This book was released on 1995-01-01 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt: What has dictated the rate and direction of technological change? How central has it been to industrial progress? How has it related to other determinants of economic growth and development? In Technology and Industrial Progress, Dr von Tunzelmann examines theoretical views on the nature and contribution of technology, and the empirical evidence from the major industrializing countries from the 18th century to the present day. The experiences of countries regarded in their time as the leaders of industrialization - Britain in the 18th century, the United States in the 19th century and Japan in the 20th century - are critically compared by the author. The following chapters study the transfer of each of these patterns of technology and growth to later industrializers, such as continental Europe, the Soviet Union, and today's newly industrializing countries. Adopting approaches drawn from evolutionary economics, Dr von Tunzelmann links micro-level phenomena relating to individual firms and technologies to macro-level outcomes as reflected in economic growth and development. This long-awaited book is exceptional both in the range of countries surveyed and the breadth of topics analysed, encompassing changes in production processes, products and marketing, management and finance.
Download or read book Making It Big written by Andrea Ciani and published by World Bank Publications. This book was released on 2020-10-08 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.
Book Synopsis OECD SME and Entrepreneurship Outlook 2019 by : OECD
Download or read book OECD SME and Entrepreneurship Outlook 2019 written by OECD and published by OECD Publishing. This book was released on 2019-05-20 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new OECD SME and Entrepreneurship Outlook presents the latest trends in performance of small and medium-sized enterprises (SMEs) and provides a comprehensive overview of business conditions and policy frameworks for SMEs and entrepreneurs. This year’s edition provides comparative evidence on business dynamism, productivity growth, wage gaps and export trends by firm size across OECD countries and emerging economies.
Book Synopsis Capitalism and Democracy in the 21st Century by : Dennis C. Mueller
Download or read book Capitalism and Democracy in the 21st Century written by Dennis C. Mueller and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: Joseph Schumpeter oscillated in his view about the type of economic system that was most conducive to growth. In his 1911 treatise, Schumpeter argued that a more decentralized and turbulent industry structure where the pro cess of creative destruction was triggered by vigorous entrepreneurial ac tivity was the engine of economic growth. But by 1942 Schumpeter had modified his theory, arguing instead that a more centralized and stable industry structure was more conducive to growth. According to Schum peter (1942, p. 132), under the managed economy there was little room for entrepreneurship because, "Innovation itself is being reduced to routine. Technological progress is increasingly becoming the business of teams of trained specialists who turn out what is required to make it work in pre dictable ways" (p. 132). Schumpeter (1942) reversed his earlier view by arguing that the integration of knowledge creation and appropriation be stowed an inherent innovative advantage upon giant corporations, "Since capitalist enterprise, by its very achievements, tends to automize progress, we conclude that it tends to make itself superfluous - to break to pieces under the pressure of its own success.
Book Synopsis A Market-oriented Strategy for Small and Medium Scale Enterprises by : Kristin Hallberg
Download or read book A Market-oriented Strategy for Small and Medium Scale Enterprises written by Kristin Hallberg and published by World Bank Publications. This book was released on 2000-01-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the economic rationale for intervention in support of small and medium scale enterprises, on both theoretical and empirical grounds. It argues that the justification for SME interventions lies in market and institutional failures that bias the size distribution of firms, rather than on any inherent economic benefits provided by small firms. The role of the state is mainly to provide an enabling business environment that opens access to markets and reduces policy-induced biases against small firms. Governments can accelerate the development of markets for financial and non-financial services suited to SMEs by promoting innovation in products and delivery mechanisms, and by building institutional capacity. Improving the development impact of SME strategies will require much more attention to the monitoring and evaluation of intervention outcomes.
Book Synopsis Downsizing in America by : William J. Baumol
Download or read book Downsizing in America written by William J. Baumol and published by Russell Sage Foundation. This book was released on 2003-06-26 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1980s and early 1990s, a substantial number of U.S. companies announced major restructuring and downsizing. But we don't know exactly what changes in the U.S. and global economy triggered this phenomenon. Little research has been done on the underlying causes of downsizing. Did companies actually reduce the size of their workforces, or did they simply change the composition of their workforces by firing some kinds of workers and hiring others? Downsizing in America, one of the most comprehensive analyses of the subject to date, confronts all these questions, exploring three main issues: the extent to which firms actually downsized, the factors that triggered changes in firm size, and the consequences of downsizing. The authors show that much of the conventional wisdom regarding the spate of downsizing in the 1980s and 1990s is inaccurate. Nearly half of the large firms that announced major layoffs subsequently increased their workforce by more than 10 percent within two or three years. The only arena in which downsizing predominated appears to be the manufacturing sector-less than 20 percent of the U.S. workforce. Downsizing in America offers a range of compelling hypotheses to account for adoption of downsizing as an accepted business practice. In the short run, many companies experiencing difficulties due to decreased sales, cash flow problems, or declining securities prices reduced their workforces temporarily, expanding them again when business conditions improved. The most significant trigger leading to long-term downsizing was the rapid change in technology. Companies rid themselves of their least skilled workers and subsequently hired employees who were better prepared to work with new technology, which in some sectors reduced the size of firm at which production is most efficient. Baumol, Blinder, and Wolff also reveal what they call the dirty little secret of downsizing: it is profitable in part because it holds down wages. Downsizing in America shows that reducing employee rolls increased profits, since downsizing firms spent less money on wages relative to output, but it did not increase productivity. Nor did unions impede downsizing. The authors show that unionized industries were actually more likely to downsize in order to eliminate expensive union labor. In sum, downsizing transferred income from labor to capital-from workers to owners
Book Synopsis The Physics of Complex Systems by : F. Mallamace
Download or read book The Physics of Complex Systems written by F. Mallamace and published by IOS Press. This book was released on 1997 with total page 802 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume focuses on the area of the physics of complex systems and provides both an overview of the field and more detailed examination of those topics within the field that are currently of greatest interest to researchers. The properties of complex systems play an important role in a variety of different and overlapping areas in physics, chemistry, biology, mathematics and technology. The research field of complex systems is very broad, but this volume attempts to be comprehensive. This book is a useful reference work for researchers in this area, whether graduate students or advanced academics. Up-to-date reviews of cutting-edge topics are provided, compiled by leading authorities and designed to both broaden the reader's insight and encourage the exploration of new problems in related fields. An overview of the present status of the physics of complex systems is provided on the following general topics: (1) scaling behaviours; (2) supramolecular systems; (3) aggregation, aggregation kinetics and disorderly growth mechanisms; (4) granularly matter; (5) polymers, associating polymers, polyelectrolytes and gels; (6) amphiphiles, emulsions, colloids, membranes and interface phenomena; (7) molecular motors; (8) phase separation and out of equilibrium dynamics; (9) turbulence, chaos and chaotic dynamics; (10) glass transition, supercooled fluids and (11) geometrically constrained dynamics.
Book Synopsis New Information Technology and Industrial Change: The Italian Case by : Cristiano Antonelli
Download or read book New Information Technology and Industrial Change: The Italian Case written by Cristiano Antonelli and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis OECD Science, Technology and Industry Outlook 2010 by : OECD
Download or read book OECD Science, Technology and Industry Outlook 2010 written by OECD and published by OECD Publishing. This book was released on 2010-12-14 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Science, Technology and Industry Outlook 2010 reviews key trends in science, technology and innovation in OECD countries and a number of major emerging economies including Brazil, China, India, Russia and South Africa.
Book Synopsis Small and Medium Enterprises in India by : Satyaki Roy
Download or read book Small and Medium Enterprises in India written by Satyaki Roy and published by Routledge. This book was released on 2013-02-11 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small and medium enterprises (SME) have attracted increasing interest in the last few years, and industrialization is no longer seen as a linear way of development. This book analyzes how SME clusters emerge in a developing economy. Using India as a case study, it addresses one central question: If growth has largely failed to be inclusive so far, and if employing a work force in increasing returns activities through a different trajectory of industrialization is largely dependent upon industrial clusters of small and medium sized firms, then what are the structural infirmities and asymmetries that need to be taken into account in the context of framing policies related to industrial clusters? The book identifies the structural infirmities in industrial clusters in India, which could be typical to any of the developing countries and sharply in contrast to European success stories. Blending theory and empirical material, it provides a middle ground between the two extremes of a uniform policy assuming ‘one size fits all’, and a specific policy based on individual cases. The book redraws the broad contours where space and production processes mutually constitute each other, giving rise to outcomes somewhat generic to underdevelopment. It is of interest to academics working in the fields of economics, business administration/ management and development economics.
Book Synopsis Technology and the Demand for Skill by : John M. Abowd
Download or read book Technology and the Demand for Skill written by John M. Abowd and published by . This book was released on 2007 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: We estimate the effects of technology investments on the demand for skilled workers using longitudinally integrated employer-employee data from the U.S. Census Bureau's Longitudinal Employer-Household Dynamics Program infrastructure files spanning two Economic Censuses (1992 and 1997). We estimate the distribution of human capital and its observable and unobservable components within each business for each year from 1992 to 1997. We measure technology using variables from the Annual Survey of Manufactures and the Business Expenditures Survey (services, wholesale and retail trade), both administered during the 1992 Economic Census. Static and partial adjustment models are fit. There is a strong positive empirical relationship between advanced technology and skill in a cross-sectional analysis of businesses in both sectors. The more comprehensive measures of skill reveal that advanced technology interacts with each component of skill quite differently: firms that use advanced technology are more likely to use high-ability workers, but less likely to use high-experience workers. These results hold even when we control for unobservable heterogeneity by means of a selection correction and by using a partial adjustment specification.
Book Synopsis Recent Developments in the Theory of Industrial Organization by : Alfredo Del Monte
Download or read book Recent Developments in the Theory of Industrial Organization written by Alfredo Del Monte and published by Springer. This book was released on 2016-07-27 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: New forms of organisation and market behaviour are emerging to replace and reshape older forms. This has produced great uncertainty in industrial organization theory. The purpose of this volume is to review and present some of the new approaches developed in industrial organization. The material is organised into four sections: recent approaches to Industrial Organisation, the behaviour of individual firms and the characteristics of industrial systems as a whole, new theories of the firm and market structure and technical progress and market structure - some special issues.
Book Synopsis Post-Keynesian Theories of the Firm by : Nobantu L. Mbeki
Download or read book Post-Keynesian Theories of the Firm written by Nobantu L. Mbeki and published by Taylor & Francis. This book was released on 2023-04-07 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within Post-Keynesian economics there is a spectrum of approaches to theories of the firm but what they have in common, to their great benefit, is a proper integration of the concept of radical uncertainty: data that cannot be known. This book revisits Kalecki’s theory of the firm is located to show that it constitutes fertile theoretical ground on which to systematically understand the resultant indeterminacy when firms operate under conditions of radical uncertainty. The author proposes a way of generalising radical uncertainty by integrating some of the separate approaches within Post-Keynesian economics centred around Kalecki’s work. Through this, it is shown that radical uncertainty does more than just change the ultimate motivation of firms (dropping short run profit maximisation; more complex motivation; interconnectivity with the environment), it is central to the emergence, existence and motivation of firms, and critically also firm strategy. It is argued that firms do not simply respond to uncertainty: it is the systematic cause of their intentional behaviour. Through developing these arguments, the book also contributes to the methodology of Kalecki and Shackle, as well as Kaleckian price theory. This book will be important reading for anyone interested in theories of the firm, Post-Keynesian economics and heterodox approaches to economics more broadly.
Book Synopsis Entrepreneurship and Small Business Development in Post-Socialist Economies by : David Smallbone
Download or read book Entrepreneurship and Small Business Development in Post-Socialist Economies written by David Smallbone and published by Routledge. This book was released on 2008-07-25 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines entrepreneurship and small business in Russia and key countries of Eastern Europe, showing how far small businesses have developed, and discusses how far 'market reforms' and a market mentality have been taken up by ordinary people in the real everyday economy. For each of the countries examined - Russia, Ukraine, Belarus, Poland