'Korea owes its rise to the ranks of the most prosperous nations, largely, to its investment in human resources. Yet, significant gaps remain that block further improvements in the lives of its workers and citizens. This book is as authoritative and comprehensive as it is insightful on the strengths of the Korean system and the challenges Korean policymakers face. In this respect, this book is not simply a telling of the Korean condition but rather of every nation aspiring to prosperity.' - Anil Verma, University of Toronto, Canada 'This book is a compedium of information on the evolution, development and practice of employment relations in South Korea. It records the dynamism that enables the tripartite actors in S. Korea to respond to changing economic and political development, as well as the tremendous industrialization that the country has witnessed in recent decades. The social partners have not only played an active role in shaping public policy, as well as the behaviour and interaction between them and the State. These have enormously contributed to industrial peace, industrialization and economic growth and development. This is a book that is surely to serve not only the academic community and the social partners in Korea, as they evaluate their own role, strategy and desirable changes so as to build on achieved success. For students of comparative employment relations, the book is a useful case study, and I commend it to the international employment relations community.' - Tayo Fashoyin, Retired Professor of Comparative Employment Relations; Former Director in the ILO, Geneva, and Former Secretary of ILERA The Evolution of Korean Industrial and Employment Relations explores current employment and workplace relations practice in South Korea, tracing their origins to key historical events and inevitable cultural adaptation in one of Asia?s ?'miraculous? democracies'. This volume challenges common but dated misconceptions of Korean industrial relations fixated on an economically successful but politically turbulent past. As Korea?'s employment relations continue to evolve, the accommodations made by companies and labor provide powerful insights for leaders in developing economies worldwide striving for prosperity, stability, and democratization. This book focuses on current realities both social and economic to uncover the potent challenges facing employers and workers in a slow-growth era of union decline. Lee and Kaufman provide a wide-ranging and global perspective authored by established and up-and-coming scholars both in and outside Korea in fields such as labor law, sociology, industrial relations, and labor economics. Up-to-date evaluation, data and analysis provide a modern and innovative perspective on employment and industrial relations practice. Scholars of global and specifically Asian industrial relations, human resource management and modern comparative labor relations will find this book of value. Policy makers and CEOs in emerging economics will benefit from the modern and innovative perspective on employment and industrial relations practice, including CEOs managing workplaces in South Korea. Contributors include: J.R. Bellace, C. Brewster, H.-G. Chang, Y.-K. Choi, F.L. Cooke, V.L. Doellgast, M. Gunderson, J.-J. Hur, I. Jun, B.E. Kaufman, D.-B. Kim, D.-O. Kim, H. Kim, H.-T. Kim, T.A. Kochan, H. Kwon, R. Lansbury, B.-H. Lee, K.-S. Lee, S.-H. Lee, S.-M. Lee, Y.-M. Lee, D. Lewin, Y. Nho, K.W. Park, M.J. Park, K.-P. Roh, P. Sheldon, P.B. Voos

The notion of endogenous innovation as the outcome of the creative response of firms to out-of-equilibrium conditions is the cornerstone of the new evolutionary complexity. In this book, Cristiano Antonelli elaborates, applies and tests, with his colleagues, the Schumpeterian framework established in the author?s previous work Endogenous Innovation: The Economics of an Emergent System Property. The author carefully explores the role of the reactivity of firms to out-of-equilibrium conditions with a unique mix of econometric tools and simulation techniques. He examines the central role of knowledge externalities in shaping the likelihood of creative responses, and hence the generation of new knowledge and the introduction of innovations, as an alternative to adaptive responses that lead the system to equilibrium with no growth. In so doing, he confirms that innovation is the outcome of the interaction between individual decision-making and the endogenous and path-dependent properties of the system into which firms are embedded. This original and insightful work will be required reading for all those working on evolutionary economics, complexity economics, and the economics of innovation and knowledge.

This book presents research on recent developments in collective decision-making. With contributions from leading scholars from a variety of disciplines, it provides an up-to-date overview of applications in social choice theory, welfare economics, and industrial organization. The contributions address, amongst others, topics such as measuring power, the manipulability of collective decisions, and experimental approaches. Applications range from analysis of the complicated institutional rules of the European Union to responsibility-based allocation of cartel damages or the design of webpage rankings. With its interdisciplinary focus, the book seeks to bridge the gap between different disciplinary approaches by pointing to open questions that can only be resolved through collaborative efforts.

A guide for women entrepreneurs to help them get the financing they need to build big businesses and change our world.

The lack of female representation among top-earning business founders is surprising when compared with the number of women who start businesses. Fewer than thirty women in history have taken companies they founded public on leading stock exchanges. Although consistent references to "women and small business" dominate global development strategies and influence public policy, women are granted less than 2 percent of all venture capital investments annually.

Thinking Bigger is designed to provide women with the keys to unlocking capital and thinking bigger. Its author, Sarah Dusek, an entrepreneur and a venture capitalist, shares personal anecdotes highlighting obstacles that women face in business and how to overcome them. She reveals the metrics that really matter to venture capitalists and how to pitch them successfully. Her book delves into the art and science of creating a winning "pitch deck"―the standard formula for pitching to investors, from crafting a compelling story to using data and design to make a lasting impact.

Thinking Bigger positions women to get the financing they need―to build big businesses, to scale their endeavors, and to make a positive impact on our world.

The legal, regulatory and ethical frameworks guiding governance decisions are highly politicised and subject to intense debate. This book discusses governance theory in relation to corporations, universities and markets. Confronting the challenges of governing these three core areas, Alexander Styhre explores the connections between governance and the production of economic value, shareholder value and economic equality. An in-depth overview of recent governance literature in management studies, economics, legal theory and economic sociology, exposes how governance theory affects securities markets, commodities trade, university ranking and credit scoring cases. The author examines how changes in competitive capitalism and the wider social organization of society are recursively both determined by, and actively shaping the underlying governance ideals and practices. Identifying the difficulties involved in balancing freedom and control in governance policy, he highlights the key concerns confronting governments, regulatory agencies and transnational agencies: how to ensure the efficient use of economic resources to avoid economic inequality without undermining the legitimacy of the current market-based economic model. Essential reading for academics and graduates in management and the social sciences, as well as policy makers and management consultants, The Unfinished Business of Governance gives exceptional insight into the challenges facing governance within free markets.

This book engages in the debate on evolution and change of family capitalism. Based on historical analysis and a conjoint effort by management scholars and social scientists, it is a treasure trove of thoroughly researched and prominently recounted stories on the basic components, origins and dynamics of family capitalism. It offers an interdisciplinary perspective on the multifaceted and complex sector of private enterprises in Latin America and Spain.' - Alfredo De Massis, Lancaster University, UK'An impressively original book which provides a wealth of new empirical evidence on the evolution of business and management in Latin America and the Spanish-speaking world. It challenges past generalizations by demonstrating the heterogeneity in the family businesses and business groups of different Spanish-speaking countries.' - Geoffrey Jones, Harvard Business School, US Family businesses are everywhere, but there is little information regarding their growth and development. This book is one of the few to analyse the identity and evolution of the largest family businesses in Latin America and Spain. With contributions from 20 scholars from 12 different countries, the book compares the relationship of families in business within their national economies, foreign capital, migration, and politics. The authors deny the existence of a 'Latin type' of family capitalism in their countries, and highlight diversity, and national and regional differences. This interdisciplinary book will be useful for students and scholars of economics, management, history, sociology, and anthropology. Politicians, family business consultants, family businesses, and international institutions will also benefit from insights within this book. Contributors: M.I. Barbero, L. Casanova, M. Cerutti, A.D. Costa, Carlos Davila, P. Diaz Morlan, A. Discua Cruz, C.E. Drumond, P. Fernandez Perez, L. Fortin, E. Guillen Miranda, J.M. Las Heras, J.C. Leiva, A. Lluch, J. Martinez Echezarraga, M. Monsalve Zanatti, N. Puig, C.Ramos Rodas, C. Raudales, J. Vidal Olivares

This superb text defines and describes modern industrial policy. For many years economists, politicians, and policymakers have worried over inward-looking and damaging industrial policies, associating them with poor economic performance and arrested industrial development. At last we have a book which identifies and analyses new forms of modern industrial policy which work effectively and are able to overcome the problems of the past. The book is replete with concrete examples and new conceptual developments, showing how modern industrial policy is able to initiate, upgrade, and transform economic activity for the benefit of all. The evidence is used to provide a new theory of industrial policy, distinguishing modern industrial policy from the practices of the past - leaving no room for doubt as to how policymakers should proceed in the twenty-first century. Essential reading for policymakers, analysts, scholars, teachers, and consultants concerned with industrial policy and modern economic development.' - Mike Hobday, University of Brighton, UK'Jesus Felipe is to be congratulated for assembling a first-rate group of authors to address one of the most important policy issues of our time. Their main contention is that, to succeed, latecomer developing countries need a 'modern industrial policy'. Aware of the pitfalls, they provide empirical evidence in support of their arguments. The country studies are particularly interesting. A stimulating volume that deserves to be read, including by the skeptics.' - Hal Hill, Australian National University Development and Modern Industrial Policy in Practice provides an up-to-date analysis of industrial policy. Modern industrial policy refers to the set of actions and strategies used to favor the more dynamic sectors of the economy. A key aspect of modern industrial policy is embedding private initiative in a framework of public action to encourage diversification, upgrading, and technological dynamism to achieve development in the twenty-first century. The book reviews key questions that policymakers ask about industrial policy, such as: who selects sectors; what is the rationale for sector selection; what are the main tools to promote sectors?, what is the role of human capital; and what are the mechanisms for monitoring and evaluation? Expert contributors discuss how to undertake industrial policy effectively and examine the experiences of Australia, the EU, the Republic of Korea, Malaysia, and the US. Policymakers, multilateral development institutions, and scholars will find the discussions on industrial policy, structural transformation, economic diversification and upgrading, and capabilities to be useful and practical. Contributors: F. Block, J.-M. Chang, K. Farla, J. Felipe, F. Guadagno, C.A. Hidalgo, M.R. Keller, M.H. Khan, K. Lee, J.Y. Lin, C. Long, W.F. Mitchell, C. Rhee, T. Siew Yean, B. Verspagen, Y. Wang, X. Zhang

CEOs can build up a business from nothing or turn around a company that is on the verge of bankruptcy. Inspiring with their relentless drive, strong leadership and innovation that can turn whole industries on their heads, they are the dynamos of our economy.

What is the X factor that ensures a CEO’s success?

KC Rottok Chesaina seeks to uncover the unique personality traits, business acumen and leadership values that have turned CEOs into captains of industry. Based on extensive research and focused interviews with the leaders of some of South Africa’s top companies, including Vodacom, Bidvest, Capitec Bank, RMB, Dis-Chem, Discovery Health, Nedbank, Sanlam, Momentum, Curro, Exxaro, Harmony Gold and MTN, Chesaina’s book takes you to the heart of corporate South Africa.

With real-life examples, The CEO X factor shows that reaching the top is about much more than money – it requires a very specific kind of character, straightforward strategies, a true focus on people and a value-driven approach.

Global Value Chains and Production Networks: Case Studies of Siemens and Huawei presents theories and frameworks that facilitate the evolution of GPN studies, from macro perspectives based on territory and industry to the use of micro (firm-level) data. The book explores these theories and frameworks through detailed case studies of two major corporations, Siemens and Huawei. With the GPN/GVC structure of Chinese firms not well known outside China, despite the growing importance of Chinese firms in the global economy, this guide plays a pivotal role in facilitating the use of data that promise to unlock economic cooperation and value.

Innovation and standardization might seem polar opposites, but over many years various scholars have noted close connections between the two. This Handbook assembles a broad range of thinking on this subject, with contributions from several disciplinary perspectives by over 30 leading scholars and experienced practitioners. Collectively, they summarize and synthesize the existing body of knowledge - theory and evidence - pertaining to standards and innovation, and provide insights into how this knowledge can be useful to scholars, industrial strategists, policy-makers and standards practitioners. Drawn from leading experts in several social science disciplines, this Handbook provides new insights into innovation processes and systems using theoretical, empirical and applied approaches. By situating standards and standardization as specific factors which play distinctive roles in innovation-driven growth, it establishes that standardization (doing things the same way) is an essential component of innovation (doing things differently). The book also provides novel and practical insight into how standards are incorporated into innovation strategies and policies. Comprehensive and original, this collection will be a vital resource for all students and academics of social, natural and engineering science communities. Policy-makers and practitioners will also find a wealth of experience and knowledge within its pages.

The Economics of Electricity Markets provides a cutting-edge analysis of the critical issues involved in the design and operation of electricity markets, as well as an assessment of alternative institutional arrangements that have either been implemented or are under discussion in Europe and the US.The book illustrates how a sound market design can render electricity trading and retailing very much like that of other commodities. Social and political concerns, rather than engineering or economics, are what make electricity markets 'special'. The expert contributors address a wide set of issues that arise when competition is introduced to the electricity industry, ranging from the design of spot and real-time power markets to alternative approaches to congestion management, from competition policy in wholesale electricity markets to the benefits and costs of retail competition, and from regulatory measures to ensure generation capacity adequacy to the politicization of generation investment decisions as a way of pursuing sustainability targets. This highly informative book will appeal to academics, students and researchers in the field of advanced energy economics, and will prove essential reading for energy regulators, professionals and executives wishing to explore the theoretical foundations underpinning their day-to-day activities. Contributors: G. Cervigni, A. Commisso, A. Creti, D. Perekhodtsev, C. Poletti, P. Ranci

Productivity remains the critical determinant of long-term national growth and prosperity. The effects of today's globalism on productivity demands the need for business organizations to sustain their competitive advantage and remain profitable over time. Foreign Business in China and Opportunities for Technological Innovation and Sustainable Economics is a collection of research used to demonstrate state-of-the art approaches of international business and innovation management that shows how new, advanced, international business models and adoptive strategies can expand the sustainability frontiers. This publication serves as a leading reference source on Chinese business, technology, economy, and innovation, and facilitates necessary skills needed to engage with business in or with China. While highlighting topics including e-commerce, foreign trade, and global business, individuals such as students, educators, international business experts, and innovation experts can expand their technical knowledge in the global economy.

Ronald H. Coase, one of the most innovative and provocative economists of the twentieth century, has had a lasting influence in economics, law and economics, organization theory, management and political science. In this comprehensive Companion, 31 leading economists, social scientists and legal scholars, including two Nobel Laureates, offer the first global assessment of the initial impact of Coase's work and the continuing inspiration that researchers and policy makers find in his contributions.The book presents a review of the continuing power of Coase's work, including the reshaping of public policies with particular respect to public utilities and network industries. Further chapters explore research programmes that he initiated including the concept of transaction costs and the analysis of property rights, especially in terms of the regulation of the communications industry and the creation of markets for the right to pollute. The book clearly demonstrates the originality of Coase's work and the challenge that it posed to conventional perspectives which has been a hallmark of his research throughout his life, from his initial view on the nature of the firm to his recent analysis of the development of capitalism in China. Less well-known features of Coase's research going beyond his famous papers on 'The Nature of the Firm' and 'The Problem of Social Cost' are also explored in detail. From economics to public policy, this complete and thorough assessment of Coase's vast contribution will be an invaluable reference to all those interested in the many areas influenced by this great economist. Contributors: D.W. Allen, K.J. Arrow, B. Arrunada, Y. Barzel, E. Bertrand, R.R.W. Brooks, J.N. Drobak, G.W. Evans, W. Farnsworth, J. Farrell, K. Foss, N.J. Foss, R.F. Freeland, J. Groenewegen,R. Guesnerie, F. Gul, T.W. Hazlett, P.G. Klein, G.D. Libecap, S.G. Medema, C. Menard, M.W. Moszoro, J.H. Mulherin, J.V.C. Nye, S. Pratten, M.M. Shirley, P.T. Spiller, J. Thomas, P. de Vries, N. Wang, O.E. Williamson

The emergence of platforms is a novel phenomenon impacting most industries, from products to services. Industry platforms such as Microsoft Windows or Google, embedded within industrial ecosystems, have redesigned our industrial landscapes, upset the balance of power between firms, fostered innovation and raised new questions on competition and innovation. Annabelle Gawer presents cutting-edge contributions from 24 top international scholars from 19 universities across Europe, the USA and Asia, from the disciplines of strategy, economics, innovation, organization studies and knowledge management. The novel insights assembled in this volume constitute a fundamental step towards an empirically based, nuanced understanding of the nature of platforms and the implications they hold for the evolution of industrial innovation. The book provides an overview of platforms and discusses governance, management, design and knowledge issues. With a multidisciplinary approach, this book will strongly appeal to academics and advanced students in management, innovation, strategy, economics and design. It will also prove an enlightening read for business managers in IT industries.

The context for this book is the increasingly complex relationship between economic theory and competition law which gives rise to lively political and academic debate on the direction competition law should take in a more global and innovation-oriented market place. The authors adopt a comparative, research-orientated approach, taking into account different situations in the US, Europe, Japan and transition and developing countries. They investigate the impact of economics on the objectives of competition law in various fields - restrictive agreements, unilateral restraints and merger control - and on the effectiveness of enforcement in a given legal and judicial system. Economic Theory and Competition Law is an insightful resource for law and economics scholars. Legal practitioners in the field of competition law will also value this book.

Repetitive Project Scheduling: Theory and Methods is the first book to comprehensively, and systematically, review new methods for scheduling repetitive projects that have been developed in response to the weaknesses of the most popular method for project scheduling, the Critical Path Method (CPM). As projects with significant levels of repetitive scheduling are common in construction and engineering, especially construction of buildings with multiple stories, highways, tunnels, pipelines, power distribution networks, and so on, the book fills a much needed gap, introducing the main repetitive project scheduling methods, both comprehensively and systematically. Users will find valuable information on core methodologies, including how to identify the controlling path and controlling segment, how to convert RSM to a network model, and examples based on practical scheduling problems.