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Cover image for book Firms, Markets and Economic Change

Firms, Markets and Economic Change

A dynamic Theory of Business Institutions
By:Richard N. Langlois; Paul L. Robertson
Publisher:Taylor & Francis
Print ISBN:9780415123853
eText ISBN:9781134804962
Edition:1
Copyright:1995
Format:Reflowable

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Traditonal western forms of corporate organization have been called into question by the success of Japanese keiretsu. Firms, Markets and Economic Change draws on industrial economics, business strategy, and economic history to develop an evolutionary model to show when innovation is best undertaken. The authors argue that innovation is a complex p

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