Innovation, economic growth and the firm : theory and evidence of industrial dynamics
Title:
Innovation, economic growth and the firm : theory and evidence of industrial dynamics
Author:
Gaffard, Jean Luc.
ISBN:
9781847208323
Publication Information:
Cheltenham, UK ; Northampton, MA : Edward Elgar, 2010.
Physical Description:
xx, 243 p. : ill. ; 24 cm.
General Note:
Formerly CIP.
Contents:
1. The open, evolving economy: Alfred Marshall on knowledge, management and innovation -- Stanley J. Metcalfe -- 2. Hicks and Richardson on industrial change: analysis and policy -- Mario Amendola, Sergio Bruno and Jean-Luc Gaffard -- 3. SMEs, industry dynamics and economic growth -- David Audretsch, Taylor Aldridge and Adam Lederer -- 4. Some significant slips in Schumpeter's scenario -- William Baumol -- 5. Market selection along the firm life cycle -- Flora Bellone, Patrick Musso, Lionel Nesta and Michel Qu₁r₁ -- 6. A test of the Schumpeterian hypothesis in a panel of European electric utilities -- Evens Salies -- 7. Jack of all trades or master of one? The specialization flexibility trade-off -- Rodolphe Dos Santos Ferreira and Ehud Zuscovitch -- 8. Division of labour and division of knowledge in firms' innovative networks: an essay on Ehud Zuscovitch's theoretical perspectives -- Patrick Cohendet, Jean-Alain H₁raud and Patrick Llerena -- 9. The implementation of national competition policy law and the dynamics of price cost margins: evidence from Belgium and the Netherlands 1993-1999 -- Jozef Konings, Patrick Van Cayseele and Fr₁d₁ric Warzynski -- 10. Export prices and increasing world competition: evidence from French, German, and Italian pricing behaviour -- Sarah Guillou and Stefano Schiavo.
Abstract:
"'Gaffard and Salies have brought together an outstanding collection of papers that connects two fields of research usually only considered in isolation: the entrepreneurial restructuring of firms and markets and the growth process of the firm. Recognizing the interaction between the two is crucial for understanding how economic progress comes about today. What leading scholars from each of the fields have to say in this book on the connection makes for a most stimulating and illuminating reading with great relevance for policy making in Europe and America.'-Ulrich Witt, Max Planck Institute of Economics and University of Jena, Germany" "This book addresses the foundations of economic growth at the firm level, combining both theoretical and econometric contributions by established scholars. Challenging contributions revisit Marshall's view on the management of innovation, investigate the decision of firms to venture into entrepreneurship and clarify some misunderstanding about Schumpeter's ideas. The book goes on to shed light on the classical specialisation-flexibility trade-off and provides a vision on the role of the knowledge-based economy and firm networks in technology development. Finn survival and performance, price-cost margins and the determinants of research intensity are also investigated econometrically." "This book will be of great relevance to students and the academics involved in research projects that address issues of firm growth, behaviour and performance. It will also appeal to practitioners seeking tangible results concerning the relationship between key economic variables at the firm level, and to policymakers who need to be aware of the impact that changes in the organization of industries and markets may have on the performance of firms." "Jean-Luc Gaffard is at the University of Nice Sophia Antipolis, the Institut Universitaire de France and Observatoire Francais des Conjonctures Economiques, SKEMA Business School, Valbonne, France and Evens Salies is at Observatoire Francais des Conjonctures Economiques, France."--BOOK JACKET.