Download or read book Institutions and the Evolution of Modern Business written by Mark Casson and published by Routledge. This book was released on 2014-01-14 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this volume demonstrate that it can be fruitful to apply institutional theory to business history. In addition, the volume shows that the wider study of the institutional environment is inseparable from the study of business. It is clear, however, that although 'institutionalism' in business history has a long pedigree, many areas of research and potential interaction with theory remain to be explored. The extent to which this will occur inevitably depends upon the degree to which the interests of theoreticians serve the needs of historians and vice versa.

Download or read book Institutions and the Evolution of Modern Business written by Mark Casson and published by Routledge. This book was released on 2014-01-14 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this volume demonstrate that it can be fruitful to apply institutional theory to business history. In addition, the volume shows that the wider study of the institutional environment is inseparable from the study of business. It is clear, however, that although 'institutionalism' in business history has a long pedigree, many areas of research and potential interaction with theory remain to be explored. The extent to which this will occur inevitably depends upon the degree to which the interests of theoreticians serve the needs of historians and vice versa.

Download or read book The Evolution of Economic Institutions written by Geoffrey Martin Hodgson and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume documents in a unique manner the momentum the institutionalist, evolutionary research agenda has regained over the past two decades. The thought-provoking contributions come from prominent authors with a rather heterogeneous theoretical background. Nonetheless, they all convene in elaborating on issues that have always been at the core of the institutionalist agenda and show how these issues relate to cutting edge research in modern economics. Ulrich Witt, Max Planck Institute of Economics, Jena, Germany This excellent EAEPE Reader brings together a range of perspectives on the role of institutions in economics. It is very well structured, with parts on microeconomics, macroeconomics, markets and economic evolution. Each part contains chapters written by renowned experts in their respective fields and there is an authoritative introductory chapter by the editor. This Reader is invaluable for economics students and academic economists wishing to better understand how institutions and individual behaviours interact in the economic system. Much of standard economic analysis either ignores institutions or makes overly restrictive assumptions about them the authors in this book show, persuasively, that economics, without an adequate treatment of institutions and institutional change, is of very little scientific worth. John Foster, The University of Queensland, Australia This is a great set of essays. To get the richness they contain, the reader must be already familiar with the broad orientation of the literature on economic institutions. Given that background, I can think of no collection or essays that frame, illuminate, and probe modern institutional economics as well as does this set. Geoffrey Hodgson, who chose the collection, and the authors of the essays, are to be congratulated and thanked. Richard R. Nelson, Columbia University, US It is now widely acknowledged that institutions are a crucial factor in economic performance. Major developments have been made in our understanding of the nature and evolution of economic institutions in the last few years. This book brings together some key contributions in this area by leading internationally renowned scholars including Paul A. David, Christopher Freeman, Alan P. Kirman, Jan Kregel, Brian J. Loasby, J. Stanley Metcalfe, Bart Nooteboom and Ugo Pagano. This essential reader covers topics such as the relationship between institutions and individuals, institutions and economic development, the nature and role of markets, and the theory of institutional evolution. The book not only outlines cutting-edge developments in the field but also indicates key directions of future research for institutional and evolutionary economics. Vital reading on one of the most dynamic and rapidly growing areas of research today, The Evolution of Economic Institutions will be of great interest to researchers, students and lecturers in economics and business studies.

Download or read book Business Ethics and Institutions written by Asli M. Colpan and published by Routledge. This book was released on 2019-09-18 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first systematic scholarly study on the business history of Turkey from the nineteenth century until the present. It aims to place the distinctive characteristics of capitalism in Turkey within a global and comparative perspective, dealing with three related issues. First, it examines the institutional context that shaped the capitalist development in Turkey. Second, it focuses on the corporate actors, entrepreneurs and business enterprises that have led the national economic growth. Third, it explores the ethical foundations and social responsibility of business enterprises in the country. The comparative and historical approach sets the volume apart from previous books on the subject. Business, Ethics and Institutions aims to strengthen scholarly and policy understanding of Turkish capitalism and the diversified business groups which dominate the economy by providing a deep analysis of the evolution of political and social institutions which shaped corporate activity. It demonstrates the key role played by large family-owned business groups in Turkey’s development. It also seeks to identify both the similarities and the differences in the Turkish pattern of economic development, making comparisons with Japan, an early example of catch-up, and a more successful model than Turkey. The comparative perspective makes the book highly relevant to a wide range of scholars interested in the institutional foundations of modern capitalism and will be of value to researchers, academics, and students in the fields of business and economic history, ethics, organizational studies, and entrepreneurship.

Download or read book Specifics of Decision Making in Modern Business Systems written by Elena G. Popkova and published by Emerald Group Publishing. This book was released on 2019-08-01 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Specifics of Decision Making in Modern Business Systems focuses on the regularities and tendencies that are peculiar for the modern Russian practice of decision making in business systems, as well as the authors’ solutions for its optimization in view of new challenges and possibilities.

Download or read book The Development of Modern Business written by Gordon Boyce and published by Bloomsbury Publishing. This book was released on 2017-03-04 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text blends economic theory with empirical evidence to chart business development over the last two centuries in the UK, the United States, Japan and Australia. It addresses enduring concerns for entrepreneurs and managers and demonstrates the value of an historical perspective from which to judge present day issues. Each chapter considers an issue of current significance, introduces theories to illuminate the topic, and discusses historical evidence and debates. Also included are relevant case studies and original documents. Discussion questions, statistical tables, and further reading are appended to each chapter.

Download or read book Knowledge Institutions and Evolution in Economics written by Brian Loasby and published by Routledge. This book was released on 2002-09-26 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explores how the limitations of human knowledge creates opportunities as well as problems in the modern economy.

Download or read book Business History and International Business written by Peter Buckley and published by Routledge. This book was released on 2014-01-02 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business History and International Business are cognate subjects. There are few, if any, studies of international business that do not require a proper study of context. International business decision making must be made relevant by a considered evaluation of the circumstances surrounding that decision. This often means putting it into its historical context. The contributions that the study of international business can make to business history are the input of appropriate theory and appropriate research methods. The best international business theory can illuminate the seemingly disparate strategies of firms in given historical circumstances and can provide an integrated, overarching conceptual structure of the study of business history. The research methods used in international business are also worthy of scrutiny by business historians. The proposition of this book is that international business theory and method can complement business history. This cross-fertilization has been occurring with increasing regularity over the past few decades and this book brings together some of the fruits of this conjunction of two important intellectual domains. This book was published as a special issue of Business History.

Download or read book Institutions Institutional Change and Economic Performance written by Douglass C. North and published by Cambridge University Press. This book was released on 1990-10-26 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.

Download or read book Commerce and Culture written by Robert Lee and published by Routledge. This book was released on 2016-05-23 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considerable attention has recently been focused on the importance of social networks and business culture in reducing transaction costs, both in the pre-industrial period and during the nineteenth century. This book brings together twelve original contributions by scholars in the United Kingdom, continental Europe, and North America which represent important and innovative research on this topic. They cover two broad themes. First, the role of business culture in determining commercial success, in particular the importance of familial, religious, ethnic and associational connections in the working lives of merchants and the impact of business practices on family life. Second, the wider institutional and political framework for business operations, in particular the relationship between the political economy of trade and the cultural world of merchants in an era of transition from personal to corporate structures. These key themes are developed in three separate sections, each with four contributions. They focus, in turn, on the role of culture in building and preserving businesses; the interplay between institutions, networks and power in determining commercial success or failure; and the significance of faith and the family in influencing business strategies and the direction of merchant enterprise. The wider historiographical context of the individual contributions is discussed in an extended introductory chapter which sets out the overall agenda of the book and provides a broader comparative framework for analysing the specific issues covered in each of the three sections. Taken together the collection offers an important addition to the available literature in this field and will attract a wide readership amongst business, cultural, maritime, economic, social and urban historians, as well as historical anthropologists, sociologists and other social scientists whose research embraces a longer-term perspective.

Download or read book Business Modeling for Life Science and Biotech Companies written by Alberto Onetti and published by Routledge. This book was released on 2014-03-21 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most books on the biotechnology industry focus on scientific and technological challenges, ignoring the entrepreneurial and managerial complexities faced bio-entrepreneurs. The Business Models for Life Science Firms aims to fill this gap by offering managers in this rapid growth industry the tools needed to design and implement an effective business model customized for the unique needs of research intensive organizations. Onetti and Zucchella begin by unpacking the often-used ‘business model’ term, examining key elements of business model conceptualization and offering a three tier approach with a clear separation between the business model and strategy: focus, exploring the different activities carried out by the organization; locus, evaluating where organizational activities are centered; and modus, testing the execution of the organization’s activities. The business model thus defines the unique way in which a company delivers on its promise to its customers. The theory and applications adopt a global approach, offering business cases from a variety of biotech companies around the world.

Download or read book The Evolution of Interest and Debt written by Murat Ustaoğlu and published by Routledge. This book was released on 2020-10-18 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: It would be difficult to examine interest- free alternative fi nancial systems without reviewing the evolution of debt; thus, this book offers a chronological account of the development of interest- bearing debt and contributors offer their take on how the issue of interest has been addressed throughout medieval and modern civilizations. The Evolution of Interest and Debt provides a review of the impact of these interest-bearing debt and practices upon social relations and institutions, throughout the history of modern economics, observing the relative conditions of the time and, as such, will shed light on the ongoing problems as well. The authors assert that the development of the concept of interest can be traced through three historical periods. The first period covers measures from a more radical stance, as introduced by the Abrahamic religions, with the same foundations and principles at their core. The second period examines the arguments that justify interest-bearing debt, particularly how the stance of major religions has been translated into a basis of support for these transactions. The third and final part offers a chronological account of the development of interest-bearing debt transactions and their disruptive impacts throughout the history of modern economics from the medieval to the modern era. Initially, the book presents a conceptual framework of terms applicable to the discussions and then examines the consistency and reliability of the theological and philosophical arguments on the restrictions imposed upon the practice of interest and debt, including rigid prohibition. Each period presents its own dynamics and helps analysts better understand the history and roots of interest-bearing debt. While the book is grounded on research that relies heavily on historical sources, it offers a contribution to the literature on economics as well, since the historical findings are analyzed in the context of economic terms and theories. An interdisciplinary effort, the book will attract the attention of those who have an interest in fi nance, economics, history, religion and sociology.

Download or read book The Origin and Evolution of New Businesses written by Amar V. Bhide and published by Oxford University Press. This book was released on 2003-10-16 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is this mysterious activity we call entrepreneurship? Does success require special traits and skills or just luck? Can large companies follow their example? What role does venture capital play? In a field dominated by anecdote and folklore, this landmark study integrates more than ten years of intensive research and modern theories of business and economics. The result is a comprehensive framework for understanding entrepreneurship that provides new and penetrating insights. Examining hundreds of successful ventures, the author finds that the typical business has humble, improvised origins. Well-planned start-ups, backed by substantial venture capital, are exceptional. Entrepreneurs like Bill Gates and Sam Walton initially pursue small, uncertain opportunities, without much capital, market research, or breakthrough technologies. Coping with ambiguity and surprises, face-to-face selling, and making do with second-tier employees is more important than foresight, deal-making, or recruiting top-notch teams. Transforming improvised start-ups into noteworthy enterprises requires a radical shift, from "opportunistic adaptation" in niche markets to the pursuit of ambitious strategies. This requires traits such as ambition and risk-taking that are initially unimportant. Mature corporations have to pursue entrepreneurial activity in a much more disciplined way. Companies like Intel and Merck focus their resources on large-scale initiatives that scrappy entrepreneurs cannot undertake. Their success requires carefully chosen bets, meticulous planning, and the smooth coordination of many employees rather than the talents of a driven few. This clearly and concisely written book is essential for anyone who wants to start a business, for the entrepreneur or executive who wants to grow a company, and for the scholar who wants to understand this crucial economic activity.

Download or read book The Rise of Modern Business in Great Britain the United States and Japan written by Mansel G. Blackford and published by Univ of North Carolina Press. This book was released on 1998 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Newly revised and updated, The Rise of Modern Business compares and analyzes the development of business and business institutions in Great Britain, the United States, Japan, and, to a lesser extent, Germany from the preindustrial era to the present, with emphasis on the twentieth century. Because the evolution of business has been profoundly influenced by its environment, this study pays close attention to connections between business development and political, social, and cultural changes. It also offers an insightful argument on similarities and differences in global business development: the similarities result from the technological and economic imperatives of industrialization, and the differences result from the decisive influence of the national environments--laws, politics, social norms, and culture--within which businesses operate. This edition of The Rise of Modern Business further highlights the diversity and complexity of business developments by examining both manufacturing and nonmanufacturing firms, exploring the development of small firms in addition to big businesses, and weighing the importance of labor and government for business development in all four nations discussed.

Download or read book Religion and Trade written by Francesca Trivellato and published by Oxford University Press, USA. This book was released on 2014 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title focuses on trade across religious boundaries around the Mediterranean Sea and the Atlantic and Indian Oceans during the second millennium, when transportation technology was fragile and religion often a primary marker of identity. It examines a wide range of commercial exchanges from first encounters between strangers who worshipped different gods and originated in different continents to everyday transactions between merchants who lived in the same city yet belonged to diverse confessional groups.

Download or read book The History of Family Business 1850 2000 written by Andrea Colli and published by Cambridge University Press. This book was released on 2003 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this new textbook, Andrea Colli gives a historical and comparative perspective on family business, examining through time the different relationships within family businesses and among family enterprises, inside different political and institutional contexts. He compares the performance of family businesses with that of other economic organizations, and looks at how these enterprises have contributed to the evolution of contemporary industrial capitalism. Central to his discussion are the reasons for both the decline and persistence of family business, how it evolved historically, the different forms it has taken over time, and how it has contributed to the growth of single economies. The book summarises previous research into family business, and situates many aspects of family business - such as their strategies, contribution, failure and decline - in an economic, social, political and institutional context. It will be of key interest to students of economic history and business studies.

Download or read book The Corporation and the Twentieth Century written by Richard N. Langlois and published by Princeton University Press. This book was released on 2023-06-27 with total page 816 pages. Available in PDF, EPUB and Kindle. Book excerpt: A definitive reframing of the economic, institutional, and intellectual history of the managerial era The twentieth century was the managerial century in the United States. An organizational transformation, from entrepreneurial to managerial capitalism, brought forth what became a dominant narrative: that administrative coordination by trained professional managers is essential to the efficient running of organizations both public and private. And yet if managerialism was the apotheosis of administrative efficiency, why did both its practice and the accompanying narrative lie in ruins by the end of the century? In The Corporation and the Twentieth Century, Richard Langlois offers an alternative version: a comprehensive and nuanced reframing and reassessment of the economic, institutional, and intellectual history of the managerial era. Langlois argues that managerialism rose to prominence not because of its inherent superiority but because of its contingent value in a young and rapidly developing American economy. The structures of managerialism solidified their dominance only because the century’s great catastrophes of war, depression, and war again superseded markets, scrambled relative prices, and weakened market-supporting institutions. By the end of the twentieth century, Langlois writes, these market-supporting institutions had reemerged to shift advantage toward entrepreneurial and market-driven modes of organization. This magisterial new account of the rise and fall of managerialism holds significant implications for contemporary debates about industrial and antitrust policies and the role of the corporation in the twenty-first century.