Managing New Product Development and Innovation provides a new approach to the microeconomics of innovation by measuring the technical quality of new products and guiding the managers of innovation and technology in the central considerations of today's knowledge-based companies. The volume features a selection of practical microeconomic tools for managing new product development and innovation. By quantifying product features and evaluating the costs and market value of improvements, a simple yet powerful conceptual framework is created. Using this framework, creative business models can be built, along with innovative products, services and processes that achieve marketplace success. The authors address five key questions facing managers of knowledge-based companies: * Which new features should be added to existing products? * Which radically new features should be innovated? * How can marketing and R&D be integrated? * How can the value of brand names be estimated and optimized? * How can the sophistication of product technology be measured - both at a given point in time and between two points in time? This path-breaking volume will be essential reading for managers of innovation, and will be warmly welcomed by teachers and advanced students with an interest in innovation and industrial economics.

This book uses an institutional-evolutionary approach to analyse economic problems associated with developments in capitalism during the second half of the twentieth century. It argues that economics should centre on institutions - the durable fabric of the economy over time.Drawing on the foundations of Marxist and institutional political economy, the book traces the lineages of institutional themes, as well as considering feminist, post-Keynesian, holistic economics and Schumpeterian perspectives. The nature of institutions in the growth and instability of capitalism is then explored with reference to social structures of accumulation. Particular reference is given to the world economy, the family, the Keynesian welfare state and neo-liberalism, Fordism, the flexible mode of accumulation, and financial regulation and deregulation. The author concludes, using institutional-evolutionary themes of political economy, that the evolution of modern capitalism is likely to be unstable as we move into the next century.

Though in its infancy, the European enterprise has the power to change both the perception and the actual face of Europe. This book evaluates the future potential of this new type of enterprise. The contributors look for European convergence at all levels of the economy: firm, branch, state, and EU. They stress various points of view, using diverse methods, and propose different measures.

European policies increasingly affect the daily decisions of European firms. Better understanding of the motivation and reasoning behind policies that affect industry is therefore essential to those interested in or affected by industrial policy. Industry and the European Union explores different European policy areas, focusing on aspects that are of particular importance for business. This important volume provides researchers, students and lecturers of European studies, international business and international political economy with an insight into how relevant European policies affect industry. The book will also offer all involved with industrial policy - including business associations, chambers of commerce and business information centres, as well as policymakers at regional, national and international levels - a unique and authoritative examination of industrial policy.

Operational Research in Industry brings together the experience of an international group of practising OR consultants, researchers and academics in the applications of OR in Industry. The book gives practical examples of cross-industry management, covers many different industrial sectors and includes a variety of operations research tools including modelling, optimization and data mining.

There are times of profound structural change and times of uncertainty as new forms of organization and market behaviour emerge to replace and reshape older forms. Nowhere is this uncertainty more felt than in industrial organization theory. The aim of this book is to review and present some of the new approaches developed in industrial organization and material contained is organized into four sections: recent approaches to industrial organizations, the behaviour of individual firms and the characteristics of industrial systems as a whole, new theories of the firm and market structures and technical progress and market structure.

Professor Sten Malmquist constructed the Malmquist quantity index and in doing so developed a distance function defined on a consumption space. This function is the consumer analog to the Shephard input distance function of producers and is used in ratio form to define the quantity index. This volume contains new contributions based on Malmquist's work nearly 50 years ago and provides modern perspectives on the value of this research.

Human-Centered e-Business focuses on analysis, design and development of human-centered e-business systems. The authors illustrate the benefits of the human-centered approach in intelligent e-sales recruitment application, integrating data mining technology with decision support model for profiling transaction behavior of internet banking customers, user-centered context dependent data organization using XML, knowledge management, and optimizing the search process through human evaluation in an intelligent interactive multimedia application. The applications described in this work, facilitates both e-business analysis from a business professional's perspective, and human-centered system design from a system development perspective. These applications employ a range of internet and soft computing technologies.

The world is fast becoming a global factory in which workers, entrepreneurs, and multinational corporations find themselves producing for the world capitalist market. This collection of original essays explores in concrete anthropological detail the ways that people throughout the world have been drawn into this new international labor web. Broad in scope and far-reaching in their analyses, the chapters in this book offer numerous examples of this new world order. The case studies focus on industrialization in small-scale workshops and informal work-at-home situations as well as multinational corporations. Undertaken in every continent, in core as well as peripheral regions, the studies cover the perspectives of the workers, the entrepreneurs, and the corporations.

In this systematic view of the capitalization of the world economy, the contributors demonstrate how new economic linkages are being formed between world markets and small-scale entrepreneurs and home-based local producers and how late-developing regions attempt to gain economic sovereignty through the marketing of local product specialties. At the same time, the contributors' investigations provide concrete evidence of local efforts to create culturally distinct and socially equitable lives--showing how the spread of the world capitalist economy changes the everyday lives of people. They point to ways in which people use their local traditions of kinship, culture, and community to resist and shape economic change to more satisfying local ends.

The factory specializing on hydraulic cranes, the engineers, armament makers and naval shipbuilders was set up in 1847 by William Armstrong at Elswick, Newcastle-Upon-Tyne. It had become, before 1900, the ordanance, armour, naval and merchant shipbuilding and commercial engineering giant, Armstrong Whitworth. Armstrongs was prominent in the half dozen world-ranking armament concerns. After the extensions and exertions of the Great War, it was faced with collapse. It then became one of the earliest subjects for Bank of England involvement in industrial reconstruction. This book analyzes Armstrong's 80 years rise, decline and reorganization, treating it, in some ways, as a case study of British industrial malaise. The author has had access to Armstrong papers and minute books at Tyne and Wear Archives and Vickers Ltd, material in the University of Glasgow's Business Archives, and the extensive files of the Securities Management Trust in the Bank of England.

First published in 1989, this book focuses upon the phenomenon of export-led industrialisation fuelled by foreign investment and technology. He concentrates on Mexico, where US companies have been taking advantage of inexpensive labour to establish "maquilla" factories that assemble US parts for export. Through this detailed study of the maquilla industry, Sklair charts the progress from the political imperialism of colonial days to the economic imperialism of today.

Japanese participation in British industry has increased greatly in recent years. While the new investment is welcomed for the jobs it helps create and the injection of new technology and managerial techniques, many people are fearful lest this increased participation should lead to loss of control of British industry by British nationals and adversely affect British competitors and their struggle for global markets. These concerns are made worse by lack of knowledge about just how extensive Japanese managerial participation in British industry is and about how Japanese practices differ. This book, based on extensive original research, answers these and related questions. It is the first detailed study of the extent of Japanese participation in British industry, and of its economic impact in a number of key areas.

Building on the historical analysis of organizations and theories that have influenced their development, Gianfranco Dioguardi provides an insightful exploration of the network enterprise and its evolution from the Medieval guilds to the present innovation clusters of Silicon Valley, the Research Triangle, Route 128, and other regions in the U.S and around the world. Providing in-depth analysis of production systems and the evolution of "lean manufacturing" principles, Dioguardi integrates history, sociology, management theory, and economics to explore the dynamics of organizations that operate as networks and interact with other firms along the supply chain and in complementary industries. In a technology-enabled environment, the boundaries between products and services and across enterprises become blurred-and create the context for entrepreneurship, innovation, and dissemination of knowledge. Several chapters are devoted to practical concerns of managing the network enterprise, with a particular interest in the ethical and cultural issues. Dioguardi concludes with discussion of the role of the network enterprise in new firm creation and economic growth.

This book analyses productive systems from a structural relational perspective, linking the structure and evolution of productive systems to economic development. An epistemological approach is adopted, which considers the social nature of economic actors and the importance of historical and geographical aspects. MarIa Semitiel GarcIa uses the structure and evolution of an agro-food and a metal-mechanical regional productive system to illustrate the benefits of adopting the network perspective as a methodological approach in economic research. The existence and persistence of inter-regional development differences, the structure of production systems, the role of services in these systems and the role of social capital in development are also discussed. Highlighting a holistic and comprehensive study of productive systems and its relationship with development, this book will strongly appeal to a wide-ranging audience, encompassing those with a special interest in regional development, institutional economics, industrial economics and policy, social network analysis and economic sociology.

First published in 1984, this work explores the issues surrounding the industrialisation of the Third World at the beginning of the 1980s. The expectation that Newly Industrialising Countries would facilitate industrial growth via an outward-orientated strategy had begun to be the combination of growing recession, growing protectionism and the diffusion of radical microelectronics-related technical change. In addition, the high indebtedness of developing countries made them increasingly dependent on assistance from the IMF and IBRD, whose policies increased the tendency towards de-industrialisation. The papers in this volume explore all of these issues and their implication for LDC industrial strategy in the 1980s.

First published in 1984, this textbook analyses, at both aggregate and micro economic levels, the contemporary industrial conditions in Third World countries and relates this to the process of economic growth and structural transformation. Drawing upon both industrial and development economics, the authors offer a comprehensive and integrated treatment of the different levels of industrial analysis in less developed countries, alongside a wealth of comparative data on industrial structure, business concentration and behaviour, and industrial policies in a cross-section of countries in Africa, Asia, the Far East and Latin America.

Looking at the new diplomacy between the multinational firm and the nation-state, this book focuses on the interdependencies, conflictual and co-operative, between the two primary actors in the global economy. International contributors (UK, USA, Canada and Sweden) from a variety of disciplines (international relations, political science, public policy, economics and business studies) discuss the theory and practice of MNE-state relations in the 1990s.

The Emergence and Evolution of Markets examines the development of markets based on empirical examples from Western economies and from the post-socialist economies of Eastern Europe. It provides an historical dimension to the present problems of transition. The Emergence and Evolution of Markets clearly demonstrates that liberalization, privatization and changes to formal institutions are not in themselves sufficient to create a successful market economy. In the first part, there is an analysis of general aspects of economic theory with regard to market evolution and an historical assessment of the development of markets. The authors then examine the experiences of some specific markets, including the telecommunications and stock markets to draw general conclusions. In part three they focus on the emerging market systems in post-socialist countries, particularly Kyrgyzstan and Bulgaria. In addition, the discussion offers an empirical analysis of the evolution of capital, currency and agricultural markets, emphasizing the importance of transaction costs and institutions in the development of these markets. This major book will prove invaluable to academics and policymakers interested in the areas of transition economics, political economy, and policy analysis.

This book is a seminal contribution to decision making theory through its study of management decision making in six Beijing state enterprises during the period 1985 to 1989, when the government adopted decentralization as the key to reforming state industries. Through interviews, document surveys and analysis, the author provides a unique insight into not only the changes, but also the complex relations among managers, the Communist Party organization and planning authorities. Readers will gain a richer understanding of Chinese management issues and society.