Despite its utmost importance, the issue of industrial development has been largely neglected in the literature for the last few decades. The authors have conducted comparative case studies between Chinese and Japanese industries.

This book is the first book that provides comprehensive economic analysis of cross-border outsourcing by Japanese manufacturing firms based on microdata. Previous literature on many other countries has often been constrained by limited data availability about outsourcing, but research contained in this book exploits unique firm-level data and directly tests theoretical hypotheses derived from new firm heterogeneity trade models. Productivity, capital-labor ratio and R&D intensity are examined at the firm level. While rich empirical results in this book convince us how powerful the orthodox economic theory is in understanding Japanese firms, detailed firm-level findings, combined with accessible and concise overviews of Japanese international trade, are widely informative for international economists, experts of Japanese society, business strategists for offshoring, and policy makers in both developed and developing economies. This book further discusses how boundaries of Japanese firms, traditionally sheltered by language and cultural barriers, are affected by outsourcing decisions simultaneously crossing national borders and firm boundaries. The interpretations of Japanese characteristics in outsourcing have deep implications for understanding drastically changing Japanese business amid globalization.

This is a benchmark publication in the field of organization design (OD). Featured in the book are the more practical elements of implementing OD in organizations. The recent development in organization design has been sporadic; hence, this book will be an important step in creating more thoughtful research and stronger empirical analyses that take advantage of advances in estimation methods allowing for more complex causal modeling and stimulation technologies.

The rapid takeoff of the continent-sized national economies and the increasing expense of extraction have led to strong tensions in petrol prices and a race towards alternative driving systems. This book analyses the emergence of a second automobile revolution through the trajectories of automobile firms since the nineties.

We are at present caught between two worlds. Globalization, networking and new communications technology mean that traditionally oriented companies are being replaced by new, non-linear, "hypertext" structures. However, for many these are still a mystery. Based on his extensive practical experience as CEO of a multinational industrial group, Jacques Chaize aims to provide simple tools enabling all levels of reader to better understand and live with the hypertext corporation and feel ready to take the leap into the future.

Industrial organization studies how markets allocate resources, specifically when there are few agents or when there are frictions that render the price-taking paradigm unsuitable. Game theory explores situations in which agents interact strategically and provides a useful foundation for studying many traditional industrial organization topics. The first volume of this wide-ranging Handbook contains original contributions by world-class specialists. It provides up-to-date surveys of the main tools of game theory that are used to model industrial organization topics. The Handbook covers numerous subjects in detail including, among others, the tools of lattice programming, supermodular and aggregative games, monopolistic competition, horizontal and vertically differentiated good models, dynamic and Stackelberg games, entry games, evolutionary games with adaptive players, asymmetric information, moral hazard, and learning and information sharing models. Technical yet accessible, this comprehensive resource will be required reading for both established researchers as well as graduate or advanced undergraduate students in industrial economics and game theory. Contributors incude: R. Amir, A. Attar, G.I. Bischi, F. Bloch, L. Corchon, S. Currarini, C. d'Aspremont, F. Feri, J. Gabszewicz, M. Jensen, L. Julien, F. Lamantia, I. Macho-Stadler, M. Marini, E. Maskin, D. Perez-Castrillo, C. Pimienta, D. Radi, R.A. Ritz, K. Ritzberger, O. Tarola, J. Thisse, A. Urbano, P. Ushchev, X. Vives, J. Zhao

There are relatively few women in senior executive positions and on the boards of major companies. Based upon research and in the context of contemporary management debates the authors argue the business case for promoting women to these positions in order to create more value for shareholders. The book draws upon interviews with chairpersons and chief executives and includes case study material.

Storytelling in organizations is a notion that encompasses both the stories that the organization produces and the ones told by its members. It provides both an in-depth treatment of the literature on narratives, stories and storytelling and an extensive empirical case from an American banking institution.

This book investigates the industrial agglomeration and dispersion within a country under trade liberalization and interregional integration by considering both economic forces and geographical elements. Chapter 1 gives a brief introduction about the background, research topics and organizations in this book. Chapter 2 provides a detailed explanation of Krugman's new economic geography (NEG) model and reviews the subsequent refinements of the original model from mainly geographical viewpoints. Chapter 3 extends Krugman's original model to a two-country and three-region case where the domestic regions are fully asymmetrical in terms of their sizes and accessibilities to global markets. To better explain the reality of developing countries, chapter 4 presents an analytical model which assumes that unskilled workers are employed in both traditional and manufacturing sectors. Chapter 5 empirically investigates the home market effect (HME) in terms of wages in the case of China by using panel data for the period 1980-2012. Chapter 6 gives a summary and implication about the findings and conclusions in this book.

This study analyses enterprise development and entrepreneurship and their relationship with the state and market building in Russia. It focuses on continuities and changes in the factory regime, drawing on existing literature and the author's own research and evaluation.

Energy is a key resource for transformational development globally. Oil and gas continue to play a key role in this sector irrespective of the gradual transition towards renewables and will continue to do so in most developing and emerging economies in the near future. The industry is complex and highly capital intensive with significant risk, but also with significant benefits. Such a complex but important sector is generally not well understood both in academic and policy circles. This book fills this void by serving as a comprehensive reference to the oil and gas sector, with a focus on emerging markets and developing economies (EMDEs). It offers in-depth coverage of the critical and contemporary issues in the economics of oil and gas industry by carefully integrating the relevant theoretical underpinnings and practical policy issues across the value chain of the industry in relation to the development, fiscal arrangements, and the economic and financing aspects of the industry. These insights will significantly deepen the understanding of the industry and extend the knowledge of the sector in ways that existing books do not. The book includes relevant cases and thus, will serve as a valuable resource for students taking courses in market analysis of the oil and gas industry, energy economics, development economics and finance, environmental and resource economics, the political economy of the extractive industry and development studies. Researchers and practitioners working in these areas will also find the book to be a useful reference guide.

A ground-breaking and sharply insightful book revealing the wide-ranging effects of the global economic crisis, the Arab Spring and the ongoing rebalancing of the world economy on international migration and its configuration. It debunks 'the business as usual' approach to the future challenge of migration and argues for a new approach to the issue.

A challenging and informed examination of the links between the general business environment and the operations, decisions, and organizations of firms. O'Sullivan explores the links between the two 'hot' issuesDScorporate governance and innovationDS.

The book focuses classical oligopoly theory as developed in 1840-1940. By the end of this period oligopoly came under the spell of game theory in its probabilistic equilibrium format. Work by Cournot, von Stackelberg, Palander, and Hotelling, causal and dynamic in essence, but ignored, is reconsidered in the light of modern dynamics using topology and numerics. As particular features, von Stackelberg leadership is included in the dynamic Cournot model, the Hotelling problem is solved with elastic demand, thus skipping the absurd idea of quadratic transportation costs. Further, it is shown that the celebrated destabilisation of Cournot equilibrium under increased competition is due to mistakenly assuming constant returns, and that the whole idea of rational expectations is untenable in dynamic oligopoly. Early original ideas in oligopoly theory, such as coexistence and multiplicity of attractors are focused again after many undeserved decades of oblivion.

This book examines the internal and external implications of Israel's natural gas discoveries in the Eastern Mediterranean. The nation's changed status from being an importer of coal and oil to that of an exporter of natural gas has consequences not only for the energy sector but also for the fragile geopolitics of the region. The book: Explores the challenges and issues of energy economics and governance; Analyses Israel's gas diplomacy with its neighbours in the Middle East and North Africa and its potential positive impact on the amelioration of the Arab-Israeli conflict; Studies how Israel can avoid the deleterious impact of the Dutch disease once the government's share of the export revenues start flowing. The author traces a consummate picture of history, politics, and conflicts that shape the economics of energy in Israel and its future trajectories. A major intervention in Middle East studies, this volume will be of great interest to scholars and researchers of energy studies, development studies, strategic studies, politics, diplomacy, and international relations. It will also be of interest to government agencies, think-tanks, and risk management firms.

This book brings together the key works on the global factory - a unique approach to the modern global economy that focuses on the orchestrating role of key multinational firms that control an integrated international network of independent firms. This analysis is conducted at global system level, at the level of global value chains and for individual firms. These three levels represent consistent, nested approaches to the analysis of pressing issues of the modern international economy. The Global Factory examines the internalisation theory of the multinational enterprise as it applies to global interfirm networks, and pays particular attention to multinational firms from emerging countries. It examines the governance and performance of global factories, their internationalisation and knowledge management strategies and the potential for multinational firms to address societal failures. The role of technology, the use of tax havens by Chinese multinationals and the division of entrepreneurial labour between global factories and smaller local firms are all explored as fascinating aspects of the overarching theory. This is an essential point of reference on Buckley's work on the global factory for academics and students of business, as well as managers of multinational firms and public policy makers.

Who controls corporations? is perhaps one of the central questions of power structure research. Ralph M. Faris seeks to answer that question and more specifically Who controls Delaware Valley corporations? through a sustained study of the formal ties between corporations commonly referred to as interlocks. Corporate Networks and Corporate Control provides empirical evidence of the nature and extent of interlocking directorates among Fortune 500 and Fortune 50 ranked corporations within that area. Faris generates a profile of nationally and locally oriented multiple interlockers to compare with current sociological descriptions of the national ruling class and identifies forty-eight multiple-interlockers along with data on their connections to policy-setting groups, sociocultural organizations, and religious denominations. This scaled-down but more descriptive version of a larger national study of Fortune 500 companies takes a comprehensive look at the affiliations of Philadelphia's corporate network including memberships in elite private clubs, policy-setting groups, and more. Tables and figures make the interlocking connections particularly accessible. In early chapters, Faris gives one of the clearest expositions of three different theoretical models of corporate control--Managerialism (and its more recent version, Resource Dependency), Class Cohesion, and Finance Control--and explains their distinct patterns of interlocking. Subsequent chapters give a complete picture of the methodologies of interlock analysis, including previous methods and approaches, and present a clear rendering of the facts of data collection and the geographical focus. The last two chapters examine closely the Delaware Valley's corporate network and multiple interlocks in the context of power structure research using the actual data base of interlocking directorates in the Delaware Valley to measure the accuracy of the three models in predicting their respective patterns. This top-notch investigation makes an outstanding contribution to the fields of Economics and Economic History and will be a source of authoritative information for courses in political sociology, political economy, introductory economics, and power structure analysis in political science.

A rare empirical test of the assertions of critics of multinational corporations (MNCs), who argue that firm-level social and environmental performance suffers as MNCs grow increasingly mobile.

This book offers a systematic discussion and explanation on what industrial security is, what the influencing factors of industrial security are, how industrial security should be evaluated and how early warnings should work from the viewpoint of developing countries. Studying theories of industrial security is necessary for the development of industrial economics theory, innovations in industrial economy studies, and an important supplement to and improvement on the theories of industrial economics. Also, studying industrial security theories can offer valuable guidance for the practice of industrial economics and national industrial policy making.

This book takes an in-depth look at the software industry as a major factor in future global economic performance. It explores how software-based companies are a significant factor behind economic growth and serve as important bridge builders between industries. Countries with a weak and underdeveloped software industry risk being left behind in the 21st century. The book examines the case of Germany as one of the world's major industrial nations, which is facing loss of competitiveness due to its underdeveloped software sector. It shows how the German software market is characterized by a multiplicity of small and medium sized companies and exhibits a shortage of globally dominating companies. This is presented and examined in the light of Germany being a powerhouse for technologies in sectors other than the software industry. The book analyzes the current situation and future potential of the German software industry. Using empirical analysis and international case studies, it presents the status quo and offers recommendations for policy makers. It shows effective management strategies for the sustainable international growth of software-based companies. The recommendations in this book are intended to secure Germany's front seat on the express train bound for the second half of the 21st century.

This book investigates the birth and evolution of craft breweries around the world. Microbrewery, brewpub, artisanal brewery, henceforth craft brewery, are terms referred to a new kind of production in the brewing industry contraposed to the mass production of beer, which has started and diffused in almost all industrialized countries in the last decades. This project provides an explanation of the entrepreneurial dynamics behind these new firms from an economic perspective. The product standardization of large producers, the emergence of a new more sophisticated demand and set of consumers, the effect of contagion, and technology aspects are analyzed as the main determinants behind this 'revolution'. The worldwide perspective makes the project distinctive, presenting cases from many relevant countries, including the USA, Australia, Japan, China, UK, Belgium, Italy and many other EU countries.

A rich database of over 2,200 outsourcing arrangements, studied across sectors and geographies, and over time, from inception, through contract signing, to outcomes. This book has unparalleled insight into the robust practices that have been proven effective time and again.

This volume was prepared by a select group of international experts in response to a need expressed by the Canadian government to identify and analyze some of the major challenges facing governments in conducting business in the knowledge-based economy. Special emphasis is placed on identifying the policy issues which governments will need to address in the upcoming years. This volume presents essays in three primary categories: Trends and Forces Shaping the New Reality Restructuring and Reorganizing in a Knowledge-Based Economy Key Governance Issues in the Knowledge-Based Economy A/LISTA Part one describes the salient features of the knowledge-based economy. What are its economic underpinnings? What are its technological characteristics? Whereas, in the past, growth was determined primarily by the availability of land, natural resources, labor, and capital, at the end of the twentieth century knowledge has become the major factor of economic growth. Part two examines management issues and economic phenomena typical of a knowledge-based economy. What makes new technology adoption and implementation successful? What can government do to make it more successful? Part three is directly focused toward questions of political economy and economic policy considerations, including technical, economic, and societal solutions. The volume concludes with a summary of the new ways in which firms and governments should manage business in a knowledge-based economy.

What changes are occurring at the macro and the sectoral levels, how the labour market changes are taking place and what impactis felt on the low income households are some of the questions that the present volume focuses on. It begins by examining the sectoral composition of growth, revisiting the issues related to industry-services balance, and also brings out the spatial dimension of growth. On the one hand the industry does not seem to have played a major role in the context of employment generation as imported technology is by and large capital intensive in nature. On the other hand, the services-led growth is seen to have reduced the pace of poverty reduction. Given the services-led growth the possible impact of trade in services on employment both in the formal and informal sectors have been worked out, indicating limited positive spill-over effects. The labour market outcomes are brought out with great details suggesting that rapid economic growth in India could not result in productive employment generation on a large scale. The gender dimensions of employment are brought out to verify if reduction in labour market inequality can result in improving the position of women in other spheres encompassing the decision making process both within the household and outside the household. Issues relating to urbanisation and rural-urban migration are also covered to understand the dynamics of urban poverty and to bring out the challenges of population transfer given the spatial concentration of growth. The job search practices pursued by the low income households are often pursued in terms of informal networks. What problems are associated with such mechanisms in experiencing improvements in wellbeing levels are covered in the present volume. On the whole, the volume offers an explanation of limited poverty reduction in a situation of rapid economic growth on the basis of an inter-disciplinary framework though efforts are being made to keep the methodology quantitatively rigorous. "

This book discusses several product development strategies and tools employed by organizations around the world to implement frugal innovations. Over the past decade, frugal innovations have caught the attention of countless management scholars. This book comes at the right time for academics and practitioners alike, as it explores how the concept of frugal innovation has evolved over the past several years and is shifting its focus from merely featuring 'cost' driven innovations to being more 'resourceful' and 'sustainable' at its core. Furthermore, in light of the ongoing digital revolution and emergence of new business models such as sharing economy and circular economy, the book highlights recent and upcoming trends and their impacts on frugal innovation strategies.