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Astute Competition - The Economics of Strategic Diversity (Hardcover)
Loot Price: R3,054
Discovery Miles 30 540
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Astute Competition - The Economics of Strategic Diversity (Hardcover)
Series: Technology, Innovation, Entrepreneurship and Competitive Strategy
Expected to ship within 12 - 17 working days
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This book is embedded in practical tools which proposes a fourth
field of economics in addition to macro, micro and industrial
organisation economics (IO); namely what may be called the
economics of diversity.
This book asserts that businesses are as individual as people. All
have unique identities, what may be called genomes. As such
economic diversity is the norm, rather than the economics of
commodities. Contemporary economics deals very effectively with
commodities in situations of perfect competition. It also makes
some useful insights into imperfect competition and monopoly.
The first half of the book expands the conceptual underpinnings of
the economics of diversity (ecosystems, business models, advantage,
rents and valuation of resources); the second half demonstrates how
these methods can be practically applied through tools and
techniques to deal with questions of business development,
corporate strategy, mergers and acquisitions, and start-ups.
*Proposes of fourth field of economics (i.e., macro, micro,
industrial organization-IO, and economics of diversity)
*Presents the basics of economics of diversity
*Discusses practical application methods
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