Rivalry: In Business, Science, Among Nations

Front Cover
Cambridge University Press, Jan 26, 1990 - Business & Economics - 256 pages
Rivalry is an attempt to understand facets of entrepreneurial societies by integrating the economic analysis with historical, political and psychological considerations, customarily shunned by economists. The author argues that decisions to make new business ventures, and readiness to take risks are both related to concepts of ranking hierarchies on local, national or international levels. He then constructs a theory of business enterprise and of rivalry supported by evidence on entrepreneurship, innovation, advertising, all examined with their historical, political or organisational concerns. This notion of rivalry among businessmen is used to derive guidelines for anti-trust legislation. Instead of pricing, profitability, concentration ratios and other criteria used today to infer non-competitive behaviour, he suggests using a measure of a firm's relative rate of innovation to infer it. By extending the notion of rivalry to the political sphere, national and international, guidelines are derived to evaluate the performance of state-owned enterprises and to examine policies related to free trade.
 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

Theory of the entrepreneurial firm
1
2 Decision making and the goal of enterprises
3
3 What do firms do?
16
4 Hierarchy leapfrogging and productivity
19
5 Where is the demand curve?
21
6 Conclusions
26
Who are the entrepreneurs? or dont confuse brains with a bull market
29
1 Adversity and entrepreneurship
30
7 Conclusions
93
Inventions and innovations in business and science
97
words and facts
98
further implications for the theory of the firm
105
3 The resistance to innovations in business and science
110
4 Inventions and crises
122
Origins of stateowned enterprises
124
2 Economies of scales and externalities where are the facts?
125

2 Luck wealth and diminished entrepreneurship
37
3 Entrepreneurship some broader perspectives
42
4 Conclusions
44
Competition the leapfrogging game
46
1 Competition defined
47
2 Prices and sizes of enterprises
49
3 Monopolies and oligopolies
57
4 Innovations or prices? A criterion for competitive behavior
62
5 Conclusions
75
Advertising memory and custom
77
1 Theory of memory and consumer behavior
78
2 Advertising fa ts or why are you paying 299 for a widget?
80
3 Melodies and memories
82
4 Advertising and other sources of information
84
Policy implications
86
6 Noncustomary behavior innovations and advertising
88
3 The emergence of stateowned enterprises regularities
131
4 Decision making and the role of the state
135
5 Stateowned enterprises further evidence
138
6 Policy implications
143
Restoring the wealth of nations
146
1 Industrial policies a brief historical perspective
147
myths and facts
150
3 More on policy
155
4 Conclusions
158
Decision making and uncertainty a dynamic approach Appendix to Chapter 1
161
Ownership and decision making Appendix to Chapter 6
170
Notes
173
References
211
Name index
235
Subject index
241
Copyright

Other editions - View all

Common terms and phrases

Bibliographic information