ABSTRACT

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

chapter 1|6 pages

INTRODUCTION

chapter 2|13 pages

CAPABILITIES, STRATEGY AND THE FIRM

chapter 5|33 pages

EXTERNAL CAPABILITIES AND MODULAR SYSTEMS

chapter 6|19 pages

INERTIA AND INDUSTRIAL CHANGE

chapter 8|8 pages

CONCLUSION