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In recent years, applied studies have shown widespread, profound
and increasing heterogeneity across firms in terms of their
strategy, organization arrangement and performance. This book
investigates the diversity of business firms, offering a picture of
the different organizational settings they adopt in their endeavour
to cope with increasing competitive pressure. The book addresses
critical theoretical issues surrounding corporate governance,
organizational design and cooperative relations among firms.
Moreover, it provides new evidence on the various forms of
outsourcing that are playing an increasingly important role as a
consequence of globalization. The contributions collected in this
book stress the emergence of a trend towards a reorganization of
production that can enhance the transmission, development and
maintenance of knowledge in order to sustain long-run competitive
advantage. Providing original and pertinent empirical evidence,
this book will attract interest from scholars and postgraduate
students studying the economics and organization of the firm. It
will also be of value to managers who wish to understand new
developments in the organizational settings of business firms with
particular reference to corporate governance, organizational
design, cooperative relations, outsourcing and de-localization.
Have you ever puzzled over the causes of the 2007-8 financial
crisis and wondered how it will affect all our futures? If so, this
book is for you. Using imagined dialogue between three economists
with contrasting theoretical perspectives and a student who knows
little about economics, different interpretations are compared in
straightforward, jargon-free language. The book explores both the
consequences of neoliberal economic policies based on the belief in
efficient, self-regulating markets and the implications of
alternative economic visions formulated in response to the Great
Recession. In all, nine dialogues are presented, each of which
focuses on a key theme: increasing inequality, the failure of
economists to predict the crash, the reasons for fiscal austerity,
the rolling back of the welfare state, the roles of the state and
the market, the repercussions of the German trade surplus and the
Eurozone crisis, policies to confront the crisis, environmental
degradation, and the need for an industrial policy appropriate to
the present day. The book will be ideal for both general readers
and those embarking on the study of economics.
Firms in market economies vary enormously in size, nature and
competitiveness. In this important contribution to the literature
on the theory of the firm, Mario Morroni provides a fresh
analytical framework which improves our understanding of the causes
of this diversity in organisational design and performance. The
relations between internal and external basic conditions,
decision-making mechanisms and organisational co-ordination are
addressed, as are the circumstances in which capabilities,
transactions and scale-scope considerations interact. With the
emergence of the knowledge-based economy and the increasing
pressure of global competition, the development of capabilities is
acquiring ever greater importance in boosting competitiveness.
Morroni shows that long-term relational agreements enhance learning
processes and offer powerful tools for improving competitiveness in
a context of conflicting interests, incomplete knowledge and
uncertainty.
This book, first published in 1992, attempts to unify the economic
analysis of the production process in order to understand the
effects of technical change. It is both an analytical
representation of the production process, taking into account the
temporal, organizational, and qualitative dimensions of production,
and a fact-finding model for studying the economic effects of
technical change. The inclusion of temporal and organizational
aspects allows the author to examine the analytical implications of
research on the nature of firms and the characteristics of
technical change, whilst the model is used to analyse technical
changes that involve variations of scale or degrees of flexibility.
This book deals with themes much discussed in research in
industrial economics and management studies and is an important
contribution to bringing these two areas of research closer
together, providing a general framework for the study of production
processes.
Firms in market economies vary enormously in size, nature and
competitiveness. In this important contribution to the literature
on the theory of the firm, Mario Morroni provides a fresh
analytical framework which improves our understanding of the causes
of this diversity in organisational design and performance. The
relations between internal and external basic conditions,
decision-making mechanisms and organisational co-ordination are
addressed, as are the circumstances in which capabilities,
transactions and scale-scope considerations interact. With the
emergence of the knowledge-based economy and the increasing
pressure of global competition, the development of capabilities is
acquiring ever greater importance in boosting competitiveness.
Morroni shows that long-term relational agreements enhance learning
processes and offer powerful tools for improving competitiveness in
a context of conflicting interests, incomplete knowledge and
uncertainty.
This book, first published in 1992, attempts to unify the economic
analysis of the production process in order to understand the
effects of technical change. It is both an analytical
representation of the production process, taking into account the
temporal, organizational, and qualitative dimensions of production,
and a fact-finding model for studying the economic effects of
technical change. The inclusion of temporal and organizational
aspects allows the author to examine the analytical implications of
research on the nature of firms and the characteristics of
technical change, whilst the model is used to analyse technical
changes that involve variations of scale or degrees of flexibility.
This book deals with themes much discussed in research in
industrial economics and management studies and is an important
contribution to bringing these two areas of research closer
together, providing a general framework for the study of production
processes.
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