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Economics Of Incentives For Inter-firm Innovation (Hardcover)
Loot Price: R4,887
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Economics Of Incentives For Inter-firm Innovation (Hardcover)
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In the current environment of severe global competition, an
uncertain business future as well as shorter product life cycles,
companies have a pressing need to develop new products and
businesses rapidly. In this book, Professor Yasuhiro Monden
expounds on his theories about inter-firm networks and incentive
price systems as important mechanisms to encourage innovation.The
author has coined the term incentive price system to explain profit
allocation systems which will motivate inter-firm collaboration to
develop new customer-pleasing products or businesses. He notes that
such a comprehensive concept of incentive price has not been
studied in conventional economics but is invaluable for solving
various profit allocation problems.The theories in the book are
richly illustrated by many case studies from the automobile,
auto-parts, smartphone, semiconductor, convenience store and
nuclear power electricity industries. Examples from the automobile
industry account for more than half of the case studies because the
author has accumulated much practical knowledge and experience from
research and related activities in the Japanese automobile industry
over several decades.This book will be of interest to researchers
and practitioners of lean or just-in-time production, as well as
those involved in related areas such as managerial accounting,
managerial economics, corporate finance, organization theory and
cooperative game theory.
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