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“This book deals with the dynamics of industry growth, from both a micro and a macro perspective. It is structured in seven chapters. ... In summary, the text could be useful as a complementary reference for those interested in the growth of industry and innovation.” (Manuel A. Gómez, Mathematical Reviews, June, 2015)
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Descripción Buch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Economic growth of a country depends on its industries. The focus of modern growth theory is basically macroeconomics, although neoclassical models use competitive markets and the optimization behavior of households and firms in general equilibrium framework. The emphasis here is on industry growth, where the microfoundations of industry are analyzed in terms of economic efficiency. The various linkages which link firm growth with the industry growth are discerned here under various market structures both competitive and monopolistic. The role of information in facilitating market signals and allowing the adoption of new processes has been especially emphasized in this volume. Many issues of market failure and the suboptimality of competitive equilibria are due to incomplete and imperfect information structures and we need a comprehensive theory of information structures underlying the process of industry growth and its dynamics. This book will be of interest to economists studying economic and industry growth and innovation. 188 pp. Englisch. Nº de ref. del artículo: 9781461438519
Descripción Gebunden. Condición: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Explores a comprehensive theory of innovations extending the Schumpeterian perspective Develops a theory of stochastic birth and death processes for industry evolution Investigates the theory of hypercompetition and dynamic efficiency and i. Nº de ref. del artículo: 4198256
Descripción Buch. Condición: Neu. Druck auf Anfrage Neuware - Printed after ordering - Economic growth of a country depends on its industries. The focus of modern growth theory is basically macroeconomics, although neoclassical models use competitive markets and the optimization behavior of households and firms in general equilibrium framework. The emphasis here is on industry growth, where the microfoundations of industry are analyzed in terms of economic efficiency. The various linkages which link firm growth with the industry growth are discerned here under various market structures both competitive and monopolistic. The role of information in facilitating market signals and allowing the adoption of new processes has been especially emphasized in this volume. Many issues of market failure and the suboptimality of competitive equilibria are due to incomplete and imperfect information structures and we need a comprehensive theory of information structures underlying the process of industry growth and its dynamics. This book will be of interest to economists studying economic and industry growth and innovation. Nº de ref. del artículo: 9781461438519
Descripción Hardcover. Condición: Brand New. 250 pages. 9.75x6.50x0.75 inches. In Stock. Nº de ref. del artículo: x-1461438519
Descripción Condición: New. Evolving industries are deemed essential for economic growth, but can also collapse when ill-judged decisions are made on the basis of incomplete information. This extension of the Schumpeterian approach introduces a stochastic model of industry life cycles. Num Pages: 178 pages, biography. BIC Classification: JPA; KCA; KCG. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 12. Weight in Grams: 444. . 2012. 2012th Edition. hardcover. . . . . Nº de ref. del artículo: V9781461438519
Descripción Hardback. Condición: New. This item is printed on demand. New copy - Usually dispatched within 5-9 working days. Nº de ref. del artículo: C9781461438519