Economic theorizing suggests that firms can acquire and maintain market dominance in a number of ways. Some economists argue that firms attain dominance only by being relatively more efficient than their rivals and retain leadership only by staying more efficient than their rivals. Others argue that efficiency is not the only source of dominance and that leaders can retain preeminence even if they are inefficient. This book attempts to sort out the relevant points by exploring market dominance experienced by firms in ten different industries. It examines factors that led to acquiring, holding and in some cases losing dominance and asks whether those factors were consistent with economic efficiency.

The results suggest that both schools make valid points. Generally, firms that rose to dominance were market pioneers and did so using economically-efficient strategies. In some cases, however, firms rose to dominance using inefficient strategies. Once they reached their ascendance, these firms engaged in a number of strategies, some efficient, others inefficient, to maintain their dominant positions.

Most of the firms examined eventually lost their dominance. In some cases, the market evolved too rapidly for any firm to maintain control. In other cases the fall was ushered along by federal antitrust and trade policy. In still other industries, it was due either to poor management or the firm becoming inefficient. However, even when some of these dominant firms became inefficient, the market system worked only very slowly to remove them.

The analysis has specific implications for antitrust policies toward dominant firms. Because the sources and consequences of dominance can be varied, neither a DEGREESIlaissez faire DEGREESR policy in favor nor a DEGREESIper se DEGREESR injunction against dominance is called for. A reasoned approach, tempered by underlying market conditions, is warranted toward the strategies used to acquire and maintain dominance.

The Great Labour Unrest examines the struggle between liberals, socialists and revolutionary syndicalists for control of Britain's best established district miners' union. Drawing widely on a vast and rich body of primary sources, this study reveals the debates that grassroots activists had during the fascinating and turbulent 'Great Labour Unrest' period. It charts the contexts in which the socialists challenged the union's Liberal leaders from the late 1890s and considers the complex strikes in 1910 against the implementation of the Liberal government's miners' eight-hour day. It analyses the emergence and development of a mass rank-and-file movement in the coalfield based around demands for a miners' minimum wage and, when this principle was won in March 1912, for an improved minimum wage. This book is of interest to academics, advanced students and lay people interested in political, social and economic history, political thought, economics, and industrial relations. -- .

Robust university-industry partnerships are vital to achieve the 17 UN Sustainable Development Goals (SDGs) and create a better world for everyone. Developing the theory and practice of the '5th Generation University', this book shows how cross-sector collaboration and innovation are crucial to maximising the societal benefits of research, education and knowledge exchange, while also driving economic growth and productivity. The authors bring extensive experience in working at the interface between academia, industry and government to demonstrate how universities can effectively combine transdisciplinary programmatic activities and strategic corporate philanthropy. They explain how long-term alliances can be forged to have a transformational impact on the greatest challenges facing our world such as climate change.

This book explores the physical and electronic integration of innovative urban public transport systems in seven metropolitan cities in South Africa and Zimbabwe in the era of the Fourth Industrial Revolution (Industry 4.0). The book also highlights how collaborative engagement can improve new transport projects in cities of the Global South. It demonstrates how integration concerns remain in transport infrastructure projects in cities of the developing countries. Consequently, in order to strengthen the emerging and promising economies of these cities, there is a need for efficient, integrated, reliable and affordable public transport systems. The book explains that plans to deliver innovative transport systems in the Global South need to be well coordinated and managed to yield physically and electronically integrated systems.

Originally published in 1985, Industrialization and Urbanization in Latin America focuses on the process of industrialisation in Latin America. The book links together the distinctive process of industrialisation to wider issues of urban and regional development in Latin America. The book looks in detail at the process of industrialisation in Latin America and the spatial ramifications in Latin American industrialisation; it argues that industrial growth and its geographical distribution is a principal cause of increasing disparities in income between regions within Latin American countries. This book will appeal to academics working in the field of urbanization and geography.

Philanthropic foundations are experiencing a crisis of professional identity. They attract considerable hopes due to an unusually high degree of independence and freedom of manoeuvre, which theoretically places them in a privileged position to find novel solutions to societies' most severe and intractable problems. However, the field is said to suffer from a pervasive lack of orientation as to how these aspirations can be realized. Compared to other professions, it can be said that there exists neither reliable knowledge nor established practices which might guide the strategy development and the daily practice of foundations. This void is frequently filled by changing fads which present easy to grasp recipes and often make bold promises of how foundations can change the world. Yet, none of them has ever met these expectations. Philanthropy in Practice shows how philanthropic organizations can effectively address this predicament. Drawing on the public philosophy of Pragmatism, it argues that, to be effective, they need to go for the solution of social problems of middle range. The book puts at center stage the crucial role of niches in terms of bounded, protected and stable social spaces which are rich in resources. They render possible the experiments required to develop effective interventions and facilitate the retention of novel solutions to social problems. The model builds upon, and is illustrated by four in-depth case studies from the UK, Germany and Switzerland. With its sharp analytical eye and substantial evidence, Philanthropy in Practice will reshape the way we think about the questions of what impact philanthropy can reasonably hope to achieve, and by which means.

This updated and expanded 1985 edition of the classic 1974 work covers deindustrialisation, industrial and competition policy, the public enterprise sector, regional and urban policy, and privatisation, as well as focussing on the firm and the industrial sector in all its facets. It remains the key work on industrial economics.

Originally published in 1972, The University and British Industry examines the lively and controversial relationship between British industry and the university. The book looks at the impact of industry on the development of British universities from the 1850s to the 1970s, and with contribution from the universities to industry through scientific research and the supply of graduate skills. The book argues that the close involvement of the universities and industry has been one of the chief beneficial forces shaping the British universities movement in the last hundred years. It gives an account of the changes which took place within the universities to make them more suitable for industries purposes, describing for example the early rise of the English civic universities, strongly financed by, and closely supporting industry. The book also considers how, during the two world wars, industry became highly reliant on the universities for the war technology, and how, despite the depression between the wars, university research and graduate employment embraced the widening opportunities of the new industries. The book also discusses the expansion of the university in the sixties and points out that industrial motives have merged with those of social justice, posing dilemmas for present and future relations between universities and industry.

A FINANCIAL TIMES BOOK OF THE YEAR A call to action for the creative class and labour movement to rally against the power of Big Tech and Big Media. Corporate concentration has breached the stratosphere, as have corporate profits. An ever-expanding constellation of industries are now monopolies (where sellers have excessive power over buyers) or monopsonies (where buyers hold the whip hand over sellers) - or both. Scholar Rebecca Giblin and writer and activist Cory Doctorow argue we're in a new era of 'chokepoint capitalism', with exploitative businesses creating insurmountable barriers to competition that enable them to capture value that should rightfully go to others. All workers are weakened by this, but the problem is especially well illustrated by the plight of creative workers. By analysing book publishing and news, live music and music streaming, screenwriting, radio, and more, Giblin and Doctorow deftly show how powerful corporations construct 'anti-competitive flywheels' designed to lock in users and suppliers, make their markets hostile to new entrants, and then force workers and suppliers to accept unfairly low prices. In the book's second half, Giblin and Doctorow explain how to batter through those chokepoints, with tools ranging from transparency rights to collective action and ownership, radical interoperability, contract terminations, job guarantees, and minimum wages for creative work. Chokepoint Capitalism is a call to workers of all sectors to unite to help smash these chokepoints and take back the power and profit that's being heisted away - before it's too late.

Production workers continue to be an important group in the economy. "Two Centuries of Compensation for U.S. Production Workers in Manufacturing "is the first long-run annual series of average hourly compensation for U.S. production workers in manufacturing. Officer reviews both data sources and existing literature on related historical series as well as using current official statistics. The new series provides original insights into the standard of living of these workers.

How did China move so swiftly in capital-intensive industries without labor-cost or scale advantage from bit player to the largest manufacturer and exporter in the world? This book argues that subsidies contributed significantly to China's success. Industrial subsidies in key Chinese manufacturing industries may exceed thirty percent of industrial output. Economic theories have mostly portrayed subsidies as distortive, inefficiently reallocating resources according to non-market criteria. However, China's state-capitalist regime uses subsidies to promote the governments' and the Communist Party of China's interests. Rather than aberrations, subsidies help Chinese businesses and governments produce, stabilize and create common understandings of markets; the flows of capital reflect struggles between critical Chinese actors including central and provincial governments. Concepts of state capitalism including market-transition theory, the multi-organizational Chinese state, and state as paramount shareholder, create complex and relevant understandings of Chinese subsidies. The authors develop independent measures of industrial subsidies using publicly-reported data at firm and industry levels from governmental and private sources. Subsidies include free to low-cost loans, subsidies to energy (coal, electricity, natural gas, heavy oil) and to key inputs, land and technology. Four sequential studies identify the growth of subsidies to Chinese manufacturing over time and effects on world industry: steel (2000-2007), glass (2004-2008), paper (2002-2009) and auto parts (2001-2011). Subsidies to Chinese industry affect and are affected by business strategy and trade policy. Business strategies include lobbying for subsidies and for protection from subsidized foreign competitors and managing supply chains to guard against whiplash effects of uncoordinated subsidies. The subsidized solar industry highlights how global business strategies and decisions on production location and technology development respond to production or consumption subsidies and include market (competitive) and non-market (political) strategies. The book also covers government policies and regulation on subsidies broadly focusing on domestic consumption (antidumping and countervailing duties) and domestic production (indigenous innovation).

This book, first published in 1982, closely examines the Japanese investment in the industries of its puppet state Manchuria in the years 1930 to 1945. Attention is paid to industrial capital by source and type, facilitating the analysis of the relationship between the different investment components on one hand, and economic and institutional factors on the other. The course of inflation is also traced and its relationship to industrial investment studied. The Manchurian experience throws light on the volume of capital available through inflationary processes, the point up to which inflationary financing can successfully be carried, and the institutional factors necessary to make such a policy effective in increasing real investment.

This book, the first to address issues of reflection in the context of work, is an accessible entry point into the theory and practice of work reflection for students and practitioners. It consists of contributions from a diverse range of international authorities in the areas of management, education, organizational psychology and sociology.
While there has been previous work on reflection in educational settings and reflective practice in the context of the work of individual professionals, none of these deals with the challenges faced by reflection in organizations and in a variety of work groups. A key innovation of this book is its focus on the social collective aspects of reflection--people reflecting together in the workplace.
Crossing the boundaries of different disciplines, this book draws together different views of reflection delivering a secure grounding in academic thinking and working practice. Topical and timely, with international appeal and world-renowned contributors, this well-written text engages both students and practitioners and will be a valuable asset to those in the fields of HRM, organizational behavior and education.

First Published in 1981, Ideology and Shop-Floor Industrial Relations is based on data obtained in observational research amongst managers, shop stewards and workers, examines the informal processes by which accommodations are or are not, reached by managers and workers. Since the publication of the Donovan Report industrial relations research has increasingly moved away from studies of formal procedures and institutions and focused more on informal custom and practice. In this book, the authors develop a theory of workplace rule making, and argue that it is in negotiations over such detailed and often minor daily industrial issues that the relationship between capital and labour is worked out. This book is a must read for scholars of industrial economics and management studies.

What is the role of competition in economic activity? How can it be understood? How can it be regulated? Competition is a buzz word in economic policy and in commerce. Yet it is given widely varying roles in different models and is viewed in very different ways by different schools. This book, published in 1991, provides a clear exposition of the major theoretical approaches to competition and an assessment of competition policy in the major economic powers.

This book is the eight volume of a sub-series on Road Vehicle Automation, published as part of the Lecture Notes in Mobility. Written by researchers, engineers and analysts from around the globe, the contributions are based on oral and poster presentations from the Automated Vehicles Symposium (AVS) 2020, held on July 27-30, 2020, as a fully virtual event. The book explores public sector activities, human factors aspects, vehicle systems and other related technological developments, as well as transportation infrastructure planning, which are expect to foster and support road vehicle automation.

According to its proponents, the `new economy' is associated with sustainable growth, increased demand for labor and zero inflation. On the micro-level, this bright avenue into the future is propelled by knowledge capital, flexibility and new ways of organizing production, such as clusters and networks. Progress in information technology, together with massive deregulation on the national and the international levels, have been credited with setting this development into motion. The concept of the `new economy' has been rapidly embraced by politicians, as it seems to offer a way out of the traditional trade-off between unemployment and wage inflation. However, empirical evidence regarding the microeconomic mechanisms of the `new economy' is scarce. Knowledge Capital and the `New Economy': Firm Size, Performance and Network Production intends to narrow this gap by empirically analyzing the composition of knowledge capital and how knowledge capital is distributed across firms of different size. Moreover, the impact of knowledge capital on firms' profitability and international competitiveness is also examined. Finally, we compare cluster dynamics and the institutional set-up in Europe and the U.S., with the purpose of identifying regulations that seem to hinder a conducive environment for expanding and dynamic European clusters. The results of this study emphasize the role of knowledge capital and flexibility. Thus, irrespective of how sustainable the `new economy' turns out to be, the policy implications in terms of providing institutions that facilitate knowledge-enhancing economic activities, flexible markets and transparent incentive structures are undeniable. Countries that fail in this respect may find themselves trailing in the international growth and welfare rankings.

Work in the construction industry is particularly tough. It demands excessively long hours and frequent weekend work. Other characteristics are particularly marked, such as re-location, job insecurity and distinctive behavioural patterns, which negatively affect employees' personal lives further. Work-life balance has emerged as one of the most pressing management issues in the 21st century. For construction managers dealing with traditional models of work and rigid work schedules, the issue may be especially difficult to manage, and yet the work-life balance is now recognised as an issue of strategic importance to the construction industry. It is critical to the construction industry's continued ability to attract and retain a talented workforce, and it is also inextricably linked to organizational effectiveness and employees' well-being. This book presents the argument for the management of work-life balance in the construction industry. It maps the changes to the workforce demographic profile and the changing expectations relating to work and personal life that occurred during the second half of the 20th century. Legal imperatives for managing work-life balance are set out. It also presents work-life balance theory and discusses the practical implications of research, along with extensive empirical data collected from the industry. Lastly, practical advice is provided about what construction organizations can and should do to manage work-life balance. This provides a unique guide to a key issue.

In the winter of 1996, after 4 years of planning and research, the Symposium on the Virtual Utility was held in Saratoga Springs, New York. It was sponsored by Niag ara Mohawk Power Corporation, Co-sponsored by CSC Index and the New York State Energy Research and Development Authority and hosted by Rensselaer Poly technic Institute, Troy, NY. The symposium sought to identify new areas of inquiry by presenting cutting-edge academic and practitioner research intended to further our understanding of the strategic, technologically-driven issues confronting the elec tricity production and distribution process. The program sought to offer new in sights into rapid changes in the utility industry, in part, by examining analogues from manufacturing and telecommunications. In addition to identifying new research areas, the symposium yielded a number of important findings and conclusions. This volume contains the presented papers of the meeting, the discussant reports and two special papers prepared by the meet ing rapporteurs who performed superbly in analyzing, synthesizing, explaining and generally bringing a cohesive perspective to the interesting yet complex set of ideas presented at this unique meeting. We would like to acknowledge the people and organizations that contributed to this effort. We thank Niagara Mohawk Power Corporation and Albert Budney, its President & Chief Operating Officer for sponsoring this project, and Andrew Vesey, Vice President, I whose vision, support and championing made this project possible."

This book contains a wealth of information on hunting and trapping with many illustrations for instruction. It presents full instructions for hunting the buffalo, elk, moose, deer, antelope, bear, fox and various birds including information on the localities where game abounds. The chapters on trapping tell you all about steel traps, how to make home-made traps for various types of animals and includes full directions for preparing pelts for market. Originally published in 1878 much of the information is of interest today to those who are enthusiasts and historians of the subject. Many of the earliest books, particularly those dating back to 1900s and before, are now extremely scarce and increasingly expensive. We are republishing these classic works in affordable, high quality, modern editions, using the original artwork and text.

Originally published in 1994 this volume includes contributions from environmental scientists, consultants and research workers. The incidence and effects of the phenomenon of acid rain in the late 1970s, 80s and early 1990s , as well as certain remedies, are discussed at length. The roles of vehicles and power stations are examined in detail and legal aspects of curbing acid rain are considered.

Originally published in 1931 (this re-issues the 8th edition of 1953), this book gives students a comprehensive account of global climatic types and the impact of climate on economics, issues of race, health, meteorology and geography. Climate change is covered from earliest times up until the middle of the twentieth century. The material is supplemented with 82 black and white maps/diagrams.

Post-reform India has seen a decline in agricultural growth as well as supply demand imbalance and rising prices. This book presents a comprehensive analysis of domestic and international prices and trade since 1980 81, covering the past quarter of a century. Backed with rich data, it provides comparisons between the pre- and post-liberalisation po

Hardbound. Defined and illustrated in this book is the measurement of productivity and the sources and effects of technological change for industries and enterprises. A general framework for analysis unites general assumptions about market structure and producer motivation with new econometric methods to quantify, e.g. economics of scale and scope, learning effects and sources of biased technological change. Adaptation of accounting data to appropriate financial and economic concepts is stressed for both econometric and non-econometric measurement methods. High technology industries such as computers, semiconductors and telecommunications equipment are studied as well as regulated service enterprises. Computation and estimation routines for the SORITEC econometrics software are available on diskette from the authors.

Originally published in 1980, this book is an original approach to the study of the atmosphere at A Level and introductory undergraduate courses. A true understanding of the way the atmosphere works is only attainable on a firm basis of science and the book concentrates on this aspect in a clear and straightforward manner without introducing advanced mathematics. The book discusses the atmosphere in terms of a machine fuelled by the Sun and it deals with the energy involved in global circulations before looking at local processes and finally global patterns. With a clear recognition of the vulnerability of climate to our wellbeing on a global scale, this book remains as relevant now as when it was first published.