This book addresses deregulatory policies that threaten to reduce or destroy the value of private property in network industries without any accompanying payment of just compensation, policies that are termed "deregulatory takings." The authors further consider the problem of renegotiation of the regulatory contract, which changes the terms and conditions of operation of utility companies. They argue that constitutional protections of private property from takings, as well as efficient remedies for contractual breach, provide the proper foundation for the competitive transformation of the network industries.

How did the computer industry evolve into its present global structure? Why have some Asian countries succeeded more than others? Jason Dedrick and Kenneth L. Kraemer delve into these questions and emerge with an explanation of the rapid rise of the computer industry in the Asia-Pacific region.
Asia's Computer Challenge makes a systematic comparison of the historical development of the computer industries of Japan, Hong Kong, Korea, Singapore, and Taiwan and concludes that neither a plan versus market, nor a country versus company dichotomy fully explains the diversity found among these countries. The authors identify a new force--the emergence of a global production network. Reaching beyond specific companies and countries, this book explores the strategic implications for the Asian-Pacific countries and the United states. Now East Asia is faced with a challenge; they must make the move from low margin hardware business to high margin software and information businesses, while Americans must respond by maintaining leadership in standards, design, marketing, and business innovation.

This book reassesses the links between contracts, co-operation, and economic competitiveness. It uses new theoretical research and case studies to show how the economic theory of contract is being reshaped by the role of institutions in promoting co-operation and trust. It makes an important and topical contribution to an area of interdisciplinary scholarship by drawing together the work of economists, sociologists, and lawyers.

This book analyses business groups such as the Japanese "keiretsu" or Korean "chaebol," their role in different business systems and their impact on business performance, management, and the wider society. It provides valuable historical detail, raises questions for conventional theories of the firm, offers insights into the resilient international competitiveness of Japanese companies and into the varying institutional characteristics of different business systems and cultures.

This book fills an important gap in our knowledge of the organization of EU manufacturing industry. At the empirical level, it draws on a newly constructed micro-level database (the European market share matrix) to present the first ever comprehensive picture of the concentration, integration, multinationality, and diversification of EU industry and firms. However, its purpose is not primarily descriptive. At the theoretical level, it develops a new way of integrating the insights of international trade, industrial organization, international business, and corporate strategy. A central thesis is that by understanding the reasons for the industrial structure we observe, much can be understood about the underlying competitive process that generated this structure in the context of current European integration. In this, R&D, advertising, and government intervention each play important and pervasive roles. The insights from an econometric analysis of the various dimensions of industrial structure are applied to address policy-relevant questions such as: is the industrial organization of the member states integrated at the EU level? Are diversification and multinationality random, or do they follow an industrial logic? Which industries and firms pose the most serious potential problems for competition policy? How do the largest EU firms achieve their size? Do certain member states dominate the ownership or location of production?

This collection provides the first authoritative comparison of competition policy in the main capitalist economies. It takes a public policy approach which cuts through the traditional arenas of lawyers and economists to deal with the role of institutions, policy processes, and political priorities. This book provides definitive (and in some cases unique) studies of the six 'model' regimes of the USA, Germany, Japan, the United Kingdom, and the European Union. Each chapter is written by eminent country specialists, is based on original research, and is up to date. The comparative dimension is presented in explicit introductory and concluding chapters but the comparison is also set in the context of the globalization of economic activity and the internationalization of policy. The book therefore caters to the distinctive economic policy predicament of the 1990s - the breakdown of national models in the face of globalizing pressures. This study promises to become a standard work which will appeal to students of political science and public policy but will also be of intense interest to lawyers and practitioners. Further, since an understanding of competition policy is essential to an understanding of international competitiveness, students of economics, business studies, and political economy will find this a valuable and suggestive study.

Revised and updated for the new economy, this text describes how the radical redesign of a company's processes, organization and culture can achieve a quantum leap in performance. In the 1990s, reengineering was implemented in the back office, the factory and the warehouse. For the new century it is being applied to the front office and the revenue producing side of the business.;"Business Week" dubbed the implementation of e-commerce, "e-engineering". The Internet demands new ways of working, and reengineering is the tool that can create them. The new wave of reengineering is breaking down the walls that separate corporations from each other. Processes do not stop at corporate doorsteps. Product development, planning and many other processes are really inter-enterprise in nature; entailing work by both customer and supplier. The Internet facilitates the reengineering of these inter-corporate processes by allowing information to be shared across corporate boundaries.

The 1980s have seen advances in linking the analyses of foreign trade with industrial organization and exploring the impact of imperfect competition on international trade flows. The contributors in this volume look into questions related to this, such as the theories of intra-industry trade, the nature of gains from trade, the part played by scale economies and the arguments for intervention, economic integration and product differentiation. The general picture advances trade theory with respect to the Heckscher-Ohlin paradigm.

In Integrated Strategic Change, Chris Worley, David Hitchin, and Walter Ross describe a process model of change that leads organizations through strategic analysis, strategy making, and the development and implementation of a strategic change plan. By integrating the process orientation of OD with the content orientation of strategy, an organizational capability is produced that helps organizations understand when and how to make fundamental strategic change. The book is written for human resource executives, strategic planners, and line managers interested in improving the quality of strategic implementation. It can also serve as a supplemental text for business strategy courses that wish to emphasize process approaches to strategy or strategic change.

Human Rights after Corporate Personhood offers a rich overview of current debates, and seeks to transcend the "outrage response" often found in public discourse and corporate legal theory. Through original and innovative analyses, the volume offers an alternative account of corporate juridical personality and its relation to the human, one that departs from accounts offered by public law. In addition, it explores opportunities for the application of legal personality to assist progressive projects, including, but not limited to, environmental justice, animal rights, and Indigenous land claims. Presented accessibly for the benefit of non-specialist readers, the volume offers original arguments and draws on eclectic sources, from law and poetry to fiction and film. At the same time, it is firmly grounded in legal scholarship and, thus, serves as an essential reference for scholars, students, lawmakers, and anyone seeking a better understanding of the interface between corporations and the law in the twenty-first century.

In the new world of work, agility is a business imperative. Agile HR is a practical guide written specifically for people professionals on how the HR function can develop agile processes and practices that save time, boost performance and support overall business goals. From small tech start-ups or large traditional companies, organizations need to be fast, flexible and digitally empowered to succeed. However, too many companies are stuck with siloed, compliance-driven HR processes that work in opposition to the business rather than supporting it. This results in the view that HR is slow and out of touch. However, Agile HR shows that this doesn't need to be the case. Covering every aspect of the HR function from people processes, ways of working and HR services to organization design, operating models and HR teams, Agile HR is an essential guide for all HR practitioners wanting to make their HR practices agile and drive business performance but don't know where to start. As well as guidance on how to deal with resistance, manage a backlog and deal with constraints, there is also invaluable guidance on how HR can prioritize effectively and assess which activities to pursue, which to develop, which to rework and which to abandon in order to achieve continuous business improvement. Supported by case studies from organizations who have seen the benefits of an agile approach to HR including Sky Betting & Gaming and MUJI, this is critical reading for all HR professionals in organizations of any size needing to adopt fast, flexible and evolving agile approaches to effectively compete in the new world of work.

In recent years, there has been intensive development of the Polish civil aviation sector, especially regional airports. Effective growth requires a diagnosis of their competitiveness in today's turbulent passenger transport market. The book compares regional airports in Poland with competitive European ports. It uses econometric analysis to model regional airport competitiveness, which is applicable to practical management of modern airports. The book also analyzes possible directions of the growth of Polish airports, taking into account the current economic and political situation as well as forecasts for passenger transport sector development.

Competition policy is an integral and prominent part of economic policy-making in the European Union. The EU Treaty prescribes its member states to conduct economic policy 'in accordance with the principle of an open market economy with free competition'. More precisely, the goal of EU competition policy is "to defend and develop effective competition in the common market" (European Commission, 2000: 7). Under its Commissioners van Miert, Monti and, most - cently, Kroes the EU Commission has stepped up its effort to pursue and achieve the aforementioned goal. A number of so-called hard-core cartels, such as the - torious "vitamin cartel" led by Roche, have been detected, tried in violation of Art. 81 of the Maastricht Accord and punished with severe fines. Also Microsoft was hit hard by the strong hand of the Commission having been severely fined for - ploiting a dominant market position. Economic analysis has been playing an increasingly significant role in the Commission's examination of competition law cases. This holds true in particular for merger control. Here, however, the Commission has had to accept some poi- ant defeats in court, such as the Court's reversals of Airtours-First Choice or GE- Honeywell. Among other things, the European Court of Justice found the e- nomic analysis as conducted by the EU's Directorate General for Competition to be flawed and the conclusions drawn not to be convincing. These rejections by the courts have stirred up the scholarly debate on the conceptual foundations of Eu- pean competition policy.

This book combines practical guidance and theoretical background for analysts using empirical techniques in competition and antitrust investigations. Peter Davis and Eliana Garces show how to integrate empirical methods, economic theory, and broad evidence about industry in order to provide high-quality, robust empirical work that is tailored to the nature and quality of data available and that can withstand expert and judicial scrutiny. Davis and Garces describe the toolbox of empirical techniques currently available, explain how to establish the weight of pieces of empirical work, and make some new theoretical contributions.

The book consistently evaluates empirical techniques in light of the challenge faced by competition analysts and academics--to provide evidence that can stand up to the review of experts and judges. The book's integrated approach will help analysts clarify the assumptions underlying pieces of empirical work, evaluate those assumptions in light of industry knowledge, and guide future work aimed at understanding whether the assumptions are valid. Throughout, Davis and Garces work to expand the common ground between practitioners and academics."

By tracing the evolution of South Korean state-led capitalism and comparing it with other economies, this book critiques prevalent theories including neoliberalism, the developmental state, and institutionalism, and proposes a theoretical alternative focusing on endogenous changes through elites' competition within and outside the state. Unlike the arguments of neoliberals, this volume asserts that the state can still play an active role in reconstituting the national economy through globalization. The Korean state successfully fosters economic growth by nurturing industrial commons through globalization, rather than by adopting a neoliberal free-market system. This volume exerts that the Korean economy has successfully grown over the past 50 years because it has moved toward a new version of state-led developmentalism. In order to better account for the evolution of state-led developmentalism, this book proposes changes by competition within, as well as outside, the state, in order to bring about changes in developmentalism and the ability to adjust to new contexts. Unlike prevalent accounts of developmental state theory, Changes by Competition argues that the state is neither unitary nor cohesive, but a locus of competition.

Meaningful relationships are a must-have to sustain and further your career, yet networking remains a rarely taught art. Your Invisible Network is your guide to building, maintaining, and effectively leveraging professional relationships with both nuance and integrity-and in only twenty minutes a day. A network built on reciprocity, depth, and trust isn't merely helpful to your career growth; it is absolutely necessary. And your network can't consist merely of people you are drawn to. You need practical ways to engage with all the people who are crucial to your career. Relationships are the key to activating all your other career assets. Your skills, work ethic, education, lived experience, passions-all of these will only achieve their full potential when paired with meaningful relationships. But how are you supposed to do this? And how can you do it in a way that is authentic to who you actually are? Your Invisible Network provides a practical, actionable plan for building and sustaining a network that is crucial for your growth-brought to you by Michael Urtuzuastegui Melcher, an internationally acclaimed executive coach and leadership expert who has worked with professionals in nearly every field for decades. Melcher provides nuance, subtle truths, and clear suggestions that go well beyond the pablum of business gurus and Instagram influencers. Every chapter of Your Invisible Network contains a series of quick lessons and manageable practice exercises that even the busiest of professionals can fit into their schedules. As you build up your network, you'll learn: The seven types of relationships critical for your career success How to foster meaningful connections with people with whom you have little in common How to find mentors and sponsors How to reach out to people despite discomfort-and what to do if they don't respond How to be a resource to others How to have a happier and more fulfilled work life Relationships are a form of wealth that is under your control. You can build this wealth from nothing, and once you have it, no one can take it away from you. No matter what career stage you're in, it's time to reevaluate your network and equip yourself with the tools to boost its power-your secret weapon for career success.

There's a scene in Lewis Carroll's Through the Looking Glass in which the Red Queen, having just led a chase with Alice in which neither seems to have moved from the spot where they began, explains to the perplexed girl: "It takes all the running you can do, to keep in the same place." Evolutionary biologists have used this scene to illustrate the evolutionary arms race among competing species. William Barnett argues that a similar dynamic is at work when organizations compete, shaping how firms and industries evolve over time. Barnett examines the effects--and unforeseen perils--of competing and winning. He takes a fascinating, in-depth look at two of the most competitive industries--computer manufacturing and commercial banking--and derives some startling conclusions. Organizations that survive competition become stronger competitors--but only in the market contexts in which they succeed. Barnett shows how managers may think their experience will help them thrive in new markets and conditions, when in fact the opposite is likely to be the case. He finds that an organization's competitiveness at any given moment hinges on the organization's historical experience. Through Red Queen competition, weaker competitors fail, or they learn and adapt. This in turn heightens the intensity of competition and further strengthens survivors in an ever-evolving dynamic. Written by a leading organizational theorist, The Red Queen among Organizations challenges the prevailing wisdom about competition, revealing it to be a force that can make--and break--even the most successful organization.

SHORTLISTED FOR THE CMI MANAGEMENT BOOK OF THE YEAR INNOVATION AND ENTREPRENEURSHIP AWARD Netflix, Spotify, and Salesforce are just the tip of the iceberg for the subscription model. The real transformation--and the real opportunity--is just beginning --- Today's consumers prefer the advantages of access over the hassles of ownership. It's not just internet services like Netflix and Spotify; even industrial firms like GE and Caterpillar are reinventing themselves as solutions providers. Whether you sell software, clothes, insurance, or industrial machines, you need to master the transition to the subscription model. Adapting to the subscription economy takes more than just deciding to sell subscriptions instead of products. You'll have to reinvent your company from the inside out -- from your accounting to your entire IT architecture. No matter how large or small your company, Subscribed gives you a practical, step-by-step framework to rebuild your business around a customer-centric, recurring revenue model.In ten years, we'll be subscribing to everything: information technology, transportation, retail, healthcare, even housing. Informed by insights straight from the servers of Zuora, the world's largest subscription finance platform, Subscribed is the book that explains how this shift really works -- and how business leaders can prepare and prosper.

This Study Guide for the Fifth Edition of "Options as a Strategic Investment "will help you maximize your understanding of options, thereby increasing your profits.

Sustainable economic development has played a major role in the decline of global poverty in the last two decades. There is no doubt that competitive markets are key drivers of economic growth and productivity. They are also valuable channels for consumer welfare. Competition policy is a powerful tool for complementing efforts to alleviate poverty and bring about shared prosperity. An effective competition policy involves measures that enable contestability and firm entry and rivalry while ensuring the enforcement of antitrust laws and state aid control. Governments from emerging and developing economies are increasingly requesting pragmatic solutions for effective competition policy implementation and recommendations for pro-competitive sectoral policies. This book puts forward a research agenda that advocates the importance of market competition, effective market regulation, and competition policies for achieving inclusive growth and shared prosperity in emerging and developing economies. It is the result of a global partnership and shared commitment between the World Bank Group and the Organisation for Economic Co-operation and Development (OECD). The first half of the book brings together existing empirical evidence on the benefits of competition for household welfare. It covers the elimination of anticompetitive practices and regulations that restrict competition in key markets and highlights the effects of competition on small producers and on employment. In its second half, the book focuses on the distributional effects of competition policies and how enforcement can be better aligned with shared prosperity goals.

Global competition now shapes economies and societies in ways unimaginable only a few years ago, and competition (or 'antitrust') law is a key component of the legal framework for global competition. These laws are intended to protect competition from distortion and restraint, and on the national level they reflect the relationships between markets, their participants, and those affected by them. The current legal framework for the global economy is provided, however, by national laws and institutions. This means that those few governments that have sufficient 'power' to apply their laws to conduct outside their own territory provide the norms of global competition. This has long meant that the US (and, more recently, the EU) structure global competition, but China and other countries are increasingly using their economic and political leverage to apply their own competition laws to global markets. The result is increasing uncertainty, costs, and conflicts that burden global economic development. This book examines competition law on the global level and reveals its often complex and little-understood dynamics. It focuses on the interactions between national and international legal regimes that are central to these dynamics and a key to understanding them. Part I examines the evolution of the current global system, the factors that have shaped it, how it operates today, and recent efforts to alter that system-e.g., by including competition law in the WTO. Part II focuses on national competition law systems, revealing how national laws and experiences shape global competition law dynamics and how global factors, in turn, shape national laws and experiences. It examines the central roles of US and European law and experience, and it also pays close attention to countries such as China that are playing increasingly important roles in the global competition law arena. Part III analyzes current strategies for improving the legal framework for global competition and identifies the factors that may contribute to a system that more effectively supports global economic and political development. This analysis also suggests a pathway for moving toward that goal.

As border barriers have declined, private barriers to competition have grown more significant. More and more international trade disputes involve private business practices that allegedly block the market access of rival firms. Such disputes include high profile conflicts between Japan and the United States over semiconductors, auto parts, and photographic film, between the European Union and the United States over aerospace and defense mergers, and between Asian nations and others over access to telecommunications networks. More such disputes are inevitable, especially in sectors that have been traditionally state-controlled but that are now subject to privatization. The regulation of private business practices that restrict competition is called competition (or antitrust) policy. In this book, the authors survey national competition policies and the issues they raise for international trade and investment. The book includes detailed recommendations for international agreement on minimum standards in those competition-policy measures that affect the ability of foreign firms to contest markets. These standards could be negotiated and implemented bilaterally, regionally, and globally at the World Trade Organization. At the international level, governments might agree on certain initial steps to accomplish greater contestability: "national treatment" for foreign-controlled firms, abolition of most international cartels (including those that are now sanctioned), and establishment of mandatory consultation procedures when one government believes that private business practices in another nation foreclose exports or direct investment. There should also be premerger notification requirements for transborder or other mergers having cross-border effects. Further steps might be implemented at a future time.

For the most part, competition policy literature has focused on large economies. Yet the economic paradigms on which such policies are based do not necessarily apply to small market economies. This book demonstrates that optimal competition policy is very much dependent on the size of an economy. Whether and how firms compete is a matter of the natural conditions of the markets in which firms operate. A critical feature of small economies is the concentrated nature of many of their markets, which are often protected by high entry barriers. Competition policy must be designed to deal effectively with these unique obstacles to competition. Accordingly, applying the same competition policy to all economies alike may be contrary to the policy's goals.

Michal Gal's thorough analysis shows the effects of market size on competition policy, ranging from rules of thumb to more general policy prescriptions, such as goals and remedial tools. Competition policy in small economies is becoming increasingly important, since the number of small jurisdictions adopting such policy is rapidly growing. Gal's focus extends beyond domestic competition policy to the evaluation of the current trend toward the worldwide harmonization of policies. This book will provide important guidance to academics, policy makers, and practitioners of competition policy as well as to anyone interested in the globalization of competition laws.

Joseph Bowring places the dual economy in a historical context and analyzes the evolution of core and periphery competition. He also refines the dual economy hypothesis and provides strong new empirical support for it. Originally published in 1986. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Business in Asia Pacific brings together an account of the Asia Pacific business environment with an analysis of management styles and decision-making techniques in the region. The book starts with an analysis of the Asian economic miracle and of the 1997 crisis, giving a country by country review of all the region's major economies in the aftermath of the crisis. El Kahal goes on to investigate the socio-cultural bases of the Asia Pacific management environment, focusing in particular on the cases of Japan, South Korea, and China, and looks at post-crisis strategies for companies doing business in Asia Pacific, using a wide selection of detailed case studies illustrating the experiences of a number of major multinationals doing business in the region.