Contracting In The New Economy

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Contracting in the New Economy

Author : David Frydlinger,Kate Vitasek,Jim Bergman,Tim Cummins
Publisher : Springer Nature
Page : 327 pages
File Size : 49,9 Mb
Release : 2021-05-24
Category : Business & Economics
ISBN : 9783030650995

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Contracting in the New Economy by David Frydlinger,Kate Vitasek,Jim Bergman,Tim Cummins Pdf

Today’s business environment is constantly evolving, filled with volatility, uncertainty, complexity and ambiguity and driven by digital transformation, globalization, and the need to creating value through innovation. These shifts demand that organizations view contracting through a different lens. Since it is impossible to predict every what-if scenario in a transactional contract, organizations in strategic and complex partnerships must shift to a mindset of shared goals and objectives built upon a strong foundation of transparency and trust, working together to mitigate risk much better than merely shifting risk to the weaker party. Contracting in the New Economy helps you to not only develop this mindset – but also offers the practical tools needed to embrace the social side of contracting, enabling your organization to harness the value creating potential of formal relational contracts. Briefly sharing the theoretical foundations that prove relational contracting works, it goes well beyond theory by providing powerful examples of relational contracting principles in practice. In addition, the authors provide a practical and proven approach for helping you to put relational contracting theory into practice for your own relationships. First by providing a framework for approaching any contracting situation and helping organizations finding the best contract model for each situation. And then by sharing five proven steps you can take to create an effective relational contract for you own strategic and complex business relationships. For anyone involved in developing contracts —lawyers, in-house counsels, contract managers, C-level managers, procurement officers, and so on — this book will empower you to create powerful cooperative alliances that will help you reach —and surpass — your business goals in today’s dynamic new environment.

New Ideas in Contracting and Organizational Economics Research

Author : Harvey S. James
Publisher : Unknown
Page : 222 pages
File Size : 43,7 Mb
Release : 2005
Category : Business & Economics
ISBN : IND:30000096447713

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New Ideas in Contracting and Organizational Economics Research by Harvey S. James Pdf

Research on contracting and organisational economics is progressing at a rapid pace. Nevertheless, what new ideas are needed in order to advance the frontiers of contracting and organisations research in ways that prove beneficial to society? This new book brings together scholars from around the world who have new ideas on the economics of contracts and organisations, otherwise known as transaction cost economics. The book is divided into three main sections. The first section presents ideas for improving the theoretical and empirical research in transaction cost economics. The second section shows how transaction cost economics informs on two important business issues -- corporate contracting and information technology (IT) operations. The third section presents alternative frameworks for examining contracting, organisational, and regulatory problems.

Governing Work and Welfare in a New Economy

Author : Jonathan Zeitlin,David M. Trubek
Publisher : Oxford University Press, USA
Page : 440 pages
File Size : 47,6 Mb
Release : 2003
Category : Business & Economics
ISBN : 0199257175

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Governing Work and Welfare in a New Economy by Jonathan Zeitlin,David M. Trubek Pdf

Europe and the United States confront common challenges in responding to the transformations of work and welfare in the 'new economy'. This volume examines new approaches to the governance of work and welfare in the EU and the US, surveys emergent trends and reflects on future possibilities.

Strategic Sourcing in the New Economy

Author : Bonnie Keith,Kate Vitasek,Karl Manrodt,Jeanne Kling
Publisher : Springer
Page : 452 pages
File Size : 44,6 Mb
Release : 2016-01-12
Category : Business & Economics
ISBN : 9781137552204

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Strategic Sourcing in the New Economy by Bonnie Keith,Kate Vitasek,Karl Manrodt,Jeanne Kling Pdf

This book provides a comprehensive overview of each of the sourcing business model. Readers will master the art and science of strategic sourcing by being able to chart a unique path that fits their capacity to apply more the full continuum of strategic sourcing concepts and tools.

Labor in the New Economy

Author : Katharine G. Abraham,James R. Spletzer,Michael Harper
Publisher : University of Chicago Press
Page : 520 pages
File Size : 45,9 Mb
Release : 2010-11-15
Category : Business & Economics
ISBN : 9780226001463

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Labor in the New Economy by Katharine G. Abraham,James R. Spletzer,Michael Harper Pdf

As the structure of the economy has changed over the past few decades, researchers and policy makers have been increasingly concerned with how these changes affect workers. In this book, leading economists examine a variety of important trends in the new economy, including inequality of earnings and other forms of compensation, job security, employer reliance on temporary and contract workers, hours of work, and workplace safety and health. In order to better understand these vital issues, scholars must be able to accurately measure labor market activity. Thus, Labor in the New Economy also addresses a host of measurement issues: from the treatment of outliers, imputation methods, and weighting in the context of specific surveys to evaluating the strengths and weaknesses of data from different sources. At a time when employment is a central concern for individuals, businesses, and the government, this volume provides important insight into the recent past and will be a useful tool for researchers in the future.

Work in the New Economy

Author : Chris Benner
Publisher : John Wiley & Sons
Page : 312 pages
File Size : 52,7 Mb
Release : 2008-04-30
Category : Social Science
ISBN : 9780470695418

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Work in the New Economy by Chris Benner Pdf

This book contributes to our understanding of the transformation of work in the information economy, through a detailed examination of labor markets in Silicon Valley. It provides an original and insightful analysis of flexible labor including growing volatility in work demands and increasingly tenuous employment relations. Contributes to our understanding of the transformation of work in the information economy, through a detailed examination of labor markets in Silicon Valley. Provides an original and insightful analysis of flexible labor including growing volatility in work demands and increasingly tenuous employment relations. Examines the increasingly important role of labor market intermediaries. Shows that some workers clearly thrive in this vibrant context, but many face high levels of insecurity admist growing inquality.

European Community Law for the New Economy

Author : Lucas Bergkamp
Publisher : Intersentia nv
Page : 777 pages
File Size : 51,8 Mb
Release : 2003
Category : Commercial law
ISBN : 9789050952293

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European Community Law for the New Economy by Lucas Bergkamp Pdf

The European Community (EC) has embarked on an ambitious legislative program for the new economy. In European Community Law for the New Economy professor Lucas Bergkamp analyzes the EC's current and proposed new economy legislation. The new economy, according to Bergkamp, is not only the internet, the information society, and biotechnology, but also a different kind of "old" economy, a different kind of corporate governance, and a different kind of government. Accordingly, in addition to the EC e-commerce, data protection, and biotechnology legislation, this book discusses also the grand principles of EC policy making (such as sustainable development and the precautionary principle), the theory of corporate social responsibility, and EC government reform. With its wide-ranging, insightful, and engaging analyses, and devoid of obliquity, EC Law for the New Economy is a unique publication. This book must be read by everybody who wants to gain a deeper understanding of the effects of EC legislation, the root causes of regulatory failures, and possible solutions to these problems. It is of interest to lawyers, politicians, policy makers, government officials, political scientists, advanced students and autodidacts. Lucas Bergkamp is a lawyer at the Brussels Bar and Professor of International Liability Law, Erasmus University Rotterdam - The Netherlands.

Freelancing Expertise

Author : Debra Osnowitz
Publisher : Cornell University Press
Page : 272 pages
File Size : 42,6 Mb
Release : 2010-10-15
Category : Business & Economics
ISBN : 9780801460388

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Freelancing Expertise by Debra Osnowitz Pdf

Contract work is more important than ever—for better or for worse, depending on one's perspective. The security once implied by a full-time job with a stable employer is becoming rarer, thereby erasing one of the major distinctions between "freelance work" and a "steady gig." Why hang on to a regular job for the sake of security if security can no longer be assumed? Instead, contractors, hired temporarily for specific knowledge and skills, market their expertise as they move from project to project. Even though their employment is precarious, a great many consider freelancing preferable to holding a "regular" job: the control they feel over their time and careers is well worth the risks that come with relatively uncertain cash flow. Freelancing Expertise is a qualitative study of decision making, work practices, and occupational processes among writers and editors who work in print and Web communications and programmers and engineers who work in software and systems development. Debra Osnowitz conducted sixty-eight extended interviews with representatives of both groups and twelve interviews with managers and recruiters, observed four different work settings in which contractors work alongside employees, and monitored blogs and online discussions among contractors. As a result, she provides a unique and sensitive assessment of a cultural shift in occupations and organizations. Osnowitz calls for a reconfiguration of the employer/employee relationship that accepts more variation and flexibility: just as "freelancing" has, over time, taken on many traits considered characteristic of traditional career paths, so might regular jobs make themselves more appealing to today's workforce by mimicking some of the positive aspects of transactions between clients and contract workers.

Contract Economics

Author : T.V.S.Ramamohan Rao
Publisher : New Age International
Page : 370 pages
File Size : 48,9 Mb
Release : 2004
Category : Electronic
ISBN : 8122415059

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Contract Economics by T.V.S.Ramamohan Rao Pdf

Contracts Are A Major Organizational Arrangement To Conduct Transactions. Economic Theory Has Been Making Attempts To Come To Grips With Four Pertinent Issues. Why Is Contracting Superior To Imperfect Markets And Hierarchical Control In Decentralized Organizations? What Basic Institutional Mechanisms Should Be In Place To Ensure Efficiency Of Contracts? What Determines The Choice Of Contract Forms (In Particular, The Behavioral Responses Of Self-Interest Seeking To Reactions Of Others) And Contract Parameters?Can Contracts Provide A Better Alternative To Regulated Markets? Keeping Information Asymmetry And Asset Specificity As The Focal Points This Book Deals With The Following Mechanisms Of Exchange-Markets (Including Transfer Prices), Contingent Claims Contracts, Incomplete And Incentive Contracts, And Implicit Contracts.The Emphasis Is On The Efficient Structuring Of Such Contracts And The Choice Of Suitable Contract Parameters. One Chapter Is Also Devoted To Trust And Informal Dimensions Of Contracts Since It Is Recognized That Defining And Enforcing Formal Contracts Becomes Difficult As Information Asymmetry And Asset Specificity Reach Their Limits. The Level Of Algebraic Complexity In The Derivations Is Kept To A Minimum To Make The Book Accessible To A Wide Audience.

The New Economy and Macroeconomic Stability

Author : Dario Togati
Publisher : Routledge
Page : 319 pages
File Size : 51,9 Mb
Release : 2013-03-07
Category : Business & Economics
ISBN : 9781134302796

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The New Economy and Macroeconomic Stability by Dario Togati Pdf

The past decade has seen many leading economies, especially the US, undergo profound structural transformations. Departing from the standard theories employed to explain this phenomenon, here author Togati provides the first broad analysis of the New Economy. In this book, the first to look at the new economy from a post-Keynesian / post-modern perspective, he focuses on its macroeconomic implications, presenting a more balanced view than that provided by orthodox neoclassical analysis, and studying the interaction of key variables such as: * information technology * globalization * the increasing significance of intangibles and financial markets. This ground-breaking book utilizes a ‘neo-modern’ perspective drawing on complexity theory to advance the study of the stability and dynamic behaviour of economic systems. Togati utilizes the Calvino labels to identify new empirical evidence, and examines the implications for global stability based on New Classical Macroeconomics and Keynsian theory. The analysis developed in this book has important practical and policy implications for the New Economy, making this book essential reading for students, academics and practitioners in this field.

Contract, Governance and Transaction Cost Economics

Author : Oliver E Williamson
Publisher : World Scientific
Page : 220 pages
File Size : 55,6 Mb
Release : 2017-03-24
Category : Business & Economics
ISBN : 9789813202078

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Contract, Governance and Transaction Cost Economics by Oliver E Williamson Pdf

This book brings together a collection of seven papers on Transaction Cost Economics by Nobel Laureate Professor Oliver E Williamson. The applications of Transaction Cost Economics are extensive, ranging from the field of industrial organization and applied fields of economics such as labor, public finance, comparative economic systems and economic development, to the business fields of strategy, organizational behavior, marketing, finance, operations management, and accounting. In short, as Williamson states, "any problem that originates as or can be reformulated as a contracting problem can be examined to advantage in transaction cost economizing terms." What is referred to as New Institutional Economics is developed in the West in two mainly complementary ways: Property Rights Theory, and Transaction Cost Economics. Of the two, Property Rights Theory developed more rapidly. Transaction Cost Economics has nonetheless taken shape of late. In China, research on New Institutional Economics began in the 1990s and has grown rapidly since. China has similarly given much more attention to Property Rights Theory. Gengxuan Chen, the editor of this volume, recommends that China will benefit by bringing Transaction Cost Economics to bear. Simultaneously, for scholars who study the market economy, Transaction Cost Economics provides a very attractive way to explain the practice of the Chinese market economy.

Entrepreneurship, the New Economy and Public Policy

Author : Uwe Cantner,Elias Dinopoulos,Robert F. Lanzillotti
Publisher : Springer Science & Business Media
Page : 344 pages
File Size : 42,9 Mb
Release : 2005-12-12
Category : Business & Economics
ISBN : 9783540269946

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Entrepreneurship, the New Economy and Public Policy by Uwe Cantner,Elias Dinopoulos,Robert F. Lanzillotti Pdf

Silicon Valley is the most salient example of high-tech industrial clusters. Public policymakersthroughouttheworldwouldliketolearnthesecretsofSiliconValley in order to build their own high-tech economies. The existing literature on ind- trial clusters, which traces back to Marshall (1920), focuses on the way in which ?rms bene?t from locating in a cluster; it suggests that once a cluster comes into existence, it tends to reinforce itself by attracting more ?rms. However, a more important question is how to reach this critical mass in the ?rst place. In contrast to the literature, evidence suggests that entrepreneurs rarely move when they est- lish high-tech start-ups (Cooper and Folta, 2000). This contradicts the notion that location choice analyses lead entrepreneurs to a high-tech cluster. A high-tech industrial cluster such as Silicon Valley is characterized by c- centratedentrepreneurship. FollowingSchumpeter,weemphasizethefactthat“the appearance of one or a few entrepreneurs facilitates the appearance of others” (Schumpeter,1934). Weproposeanagent-basedcomputationalmodeltoshowhow high-tech industrial clusters could emerge in a landscape in which no ?rms existed originally. The model is essentially a spatial version of the Nelson-Winter model: Boundedly rational agents are scattered over an explicitly de?ned landscape. Each agent is endowed with some technology, which determines his ?rm’s productivity (if he has one). During each period of time, an agent with no ?rm would make a decision as to whether he wants to start one. This decision is mostly affected by the behavior of his social contacts, who are all his neighbors.

The Impact of Incomplete Contracts on Economics

Author : Philippe Aghion,Mathias Dewatripont,Patrick Legros,Luigi Zingales
Publisher : Oxford University Press
Page : 224 pages
File Size : 53,9 Mb
Release : 2015-12-22
Category : Business & Economics
ISBN : 9780190259013

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The Impact of Incomplete Contracts on Economics by Philippe Aghion,Mathias Dewatripont,Patrick Legros,Luigi Zingales Pdf

The 1986 article by Sanford J. Grossman and Oliver D. Hart titled "A Theory of Vertical and Lateral Integration" has provided a framework for understanding how firm boundaries are defined and how they affect economic performance. The property rights approach has provided a formal way to introduce incomplete contracting ideas into economic modeling. The Impact of Incomplete Contracts on Economics collects papers and opinion pieces on the impact that this property right approach to the firm has had on the economics profession.

Interrogating the New Economy

Author : Norene Pupo,Mark Preston Thomas
Publisher : University of Toronto Press
Page : 316 pages
File Size : 46,9 Mb
Release : 2010-01-01
Category : Social Science
ISBN : 9781442600553

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Interrogating the New Economy by Norene Pupo,Mark Preston Thomas Pdf

"This collection challenges outdated notions of a universal worker, offering a glimpse of work organization, management, and worker militancy. It will be of value to academics and activists alike." - Pam Sugiman, Ryerson University

Geographies of the New Economy

Author : Peter W. Daniels,Andrew Leyshon,Michael J. Bradshaw,Jonathan Beaverstock
Publisher : Routledge
Page : 208 pages
File Size : 44,5 Mb
Release : 2006-12-11
Category : Business & Economics
ISBN : 9781134325474

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Geographies of the New Economy by Peter W. Daniels,Andrew Leyshon,Michael J. Bradshaw,Jonathan Beaverstock Pdf

What is the 'new economy'? Where is it? How does it differ from the 'old economy'? How does the 'new economy' relate to issues such as the nature of work, social inclusion and exclusion? Geographies of the New Economy explores the meaning of the 'new economy' at the global scale from the perspective of advanced post-socialist and emerging economies. Drawing on evidence from regions around the world, the book debates the efficacy of the widely used concept of the ‘new economy’ and examines its socio-spatial consequences. This book is important reading for policy-makers, academics and students of geography, sociology, urban studies, economics, planning and policy studies.