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Originally published in 1988 this book was the culmination of 7
years of research in micro-electronics by the Center for Science
and Technology Policy in New York. It includes original comparative
study of corporate strategy in American, Japanese, and European
firms, as well as an account of the evolution of technical
alliances. It provides a detailed examination of the global
micro-electronics industry in all its aspects - technological,
economic, strategic and institutional and goes beyond organizing
and presenting the facts to offer new perspectives, analyses and
opinions.
Originally published in 1988 this book was the culmination of 7
years of research in micro-electronics by the Center for Science
and Technology Policy in New York. It includes original comparative
study of corporate strategy in American, Japanese, and European
firms, as well as an account of the evolution of technical
alliances. It provides a detailed examination of the global
micro-electronics industry in all its aspects - technological,
economic, strategic and institutional and goes beyond organizing
and presenting the facts to offer new perspectives, analyses and
opinions.
The essays in Economics as a Process are all concerned with
exploring theoretical approaches alternative to the conventional or
'neoclassical' paradigm. Among the schools of thought represented
are transaction-cost economics: evolutionary theories: modern
'Austrian' economies: law and economics: reliability theory: and
the game-theory approach to the economics of social institutions.
The essays are united not by a single topic but by a coherent set
of themes - themes best described under the heading of the New
Institutional Economics. These include an interest in economic
processes as well as in states of equilibrium: a sensitivity to the
limits and contours of human rationality: and an emphasis on the
various sorts of social institutions that aid and inform economic
action. But the essays are not solely methodological or critical.
They also include substantive essays that illustrate the New
Institutional Economics in practice.
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