One Political Economy One Competitive Strategy

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One Political Economy, One Competitive Strategy?

Author : Andrea M. Herrmann
Publisher : OUP Oxford
Page : 222 pages
File Size : 45,6 Mb
Release : 2008-12-18
Category : Business & Economics
ISBN : 9780191562426

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One Political Economy, One Competitive Strategy? by Andrea M. Herrmann Pdf

This book examines how firms adapt to the pressures of increasing international competition by testing the arguments on 'strategy specialization' proposed in the competitiveness literature in general, and by contributors to the 'varieties of capitalism' debate in particular. If different economies are characterized by distinct institutional arrangements, successful firms would be those that exploit the related comparative advantages and specialize in the competitive strategies facilitated by national institutions. One Political Economy, One Competitive Strategy? begins with an assessment of how many pharmaceutical firms in Germany, Italy, and the UK pursue strategies facilitated by national institutions governing the financial markets, antitrust activities, and the labour market. Quantitative analyses reveal that deviant firms, competing through institutionally unsupported strategies, outnumber conforming firms by far. Not only does this finding run counter to the expectations of the competitiveness literature, it brings up a whole new line of inquiry. How can firms compete through strategies that are not supported by national institutions? The book addresses this question and illustrates that firms do not necessarily exploit comparative institutional advantages, but that they can also circumvent institutional constraints. International markets and individual collaboration on a contractual basis allow firms to compete despite comparative institutional disadvantages. These findings suggest that trade liberalization does not lead to strategy specialization but to strategy diversification, depending on the inventiveness of entrepreneurs to develop individual approaches to compete.

One Political Economy, One Competitive Strategy?

Author : Andrea M. Herrmann
Publisher : Oxford University Press
Page : 221 pages
File Size : 40,5 Mb
Release : 2008-12-18
Category : Business & Economics
ISBN : 9780199543434

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One Political Economy, One Competitive Strategy? by Andrea M. Herrmann Pdf

This book examines how firms adapt to the pressures of increasing international competition by testing the arguments on 'strategy specialization' proposed in the competitiveness literature in general, and by contributors to the 'varieties of capitalism' debate in particular. If different economies are characterized by distinct institutional arrangements, successful firms would be those that exploit the related comparative advantages and specialize in the competitive strategies facilitated by national institutions. One Political Economy, One Competitive Strategy? begins with an assessment of how many pharmaceutical firms in Germany, Italy, and the UK pursue strategies facilitated by national institutions governing the financial markets, antitrust activities, and the labour market. Quantitative analyses reveal that deviant firms, competing through institutionally unsupported strategies, outnumber conforming firms by far. Not only does this finding run counter to the expectations of the competitiveness literature, it brings up a whole new line of inquiry. How can firms compete through strategies that are not supported by national institutions? The book addresses this question and illustrates that firms do not necessarily exploit comparative institutional advantages, but that they can also circumvent institutional constraints. International markets and individual collaboration on a contractual basis allow firms to compete despite comparative institutional disadvantages. These findings suggest that trade liberalization does not lead to strategy specialization but to strategy diversification, depending on the inventiveness of entrepreneurs to develop individual approaches to compete.

The Political Economy of Competitiveness

Author : Michael Kitson,Jonathan Michie
Publisher : Psychology Press
Page : 232 pages
File Size : 55,6 Mb
Release : 2000
Category : Business & Economics
ISBN : 041520495X

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The Political Economy of Competitiveness by Michael Kitson,Jonathan Michie Pdf

This volume offers an original perspective on the relationship between economic theory and policy. It discusses the lessons of economic theory and policy from a broad political economy perspective.

State Strategies in the Global Political Economy

Author : Ronen Palan,Jason Abbott,Phil Deans
Publisher : Burns & Oates
Page : 248 pages
File Size : 53,7 Mb
Release : 1996
Category : Business & Economics
ISBN : UCSC:32106013101990

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State Strategies in the Global Political Economy by Ronen Palan,Jason Abbott,Phil Deans Pdf

By investigating these strategic responses, the authors present a comprehensive study of the tactics and strategies employed by states to achieve greater stability and strength within the global political economy

Wharton on Dynamic Competitive Strategy

Author : George S. Day,David J. Reibstein
Publisher : John Wiley & Sons
Page : 484 pages
File Size : 40,7 Mb
Release : 2004-08-13
Category : Business & Economics
ISBN : 0471689572

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Wharton on Dynamic Competitive Strategy by George S. Day,David J. Reibstein Pdf

Die Wharton Business School ist die älteste Institution ihrer Art in Amerika und eine der bestangesehenen der Welt. Ein Expertenteam aus fünf verschiedenen Fachgebieten in Wharton diskutiert hier eine der wichtigsten Fragen für ein Unternehmen der Gegenwart - die Sicherung der Wettbewerbsfähigkeit. Neueste Konzepte kreativer Strategien werden vorgestellt.

Comparative Political Economy

Author : Georg Menz
Publisher : Oxford University Press
Page : 320 pages
File Size : 48,7 Mb
Release : 2017-11-24
Category : Political Science
ISBN : 9780192537171

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Comparative Political Economy by Georg Menz Pdf

This new and comprehensive volume covering the subfield of comparative political economy provides a detailed overview over its intellectual roots, clarifies its contents, and introduces the readers to key debates while identifying new and exciting avenues for future research. Ideas, interests, and institutions have traditionally been the main focus points of this field, but the volume argues that culture provides an additional and often neglected area, providing the 'glue' that keeps national models of capitalism hanging together. The volume also develops pathways beyond the varieties of capitalism paradigm. Building on a thorough and rigorous review of comparative capitalisms and a synthesis of the research strands that have built the bedrock of this subfield, Comparative Political Economy explores the individual components of national models of capitalism and argues that these elements deserve closer scrutiny. Their permutations have been considerable over the past thirty years, and their study permits valuable insights both empirically and theoretically. The empirical coverage of the book includes chapters covering industrial relations, labour markets, systems of education and training, finance, welfare state, and debt. In the conclusion, research pathways forward are identified and the impact of energy security issues and environmental factors on the study of comparative capitalisms will be assessed.

Progressive Capitalism

Author : David Sainsbury
Publisher : Biteback Publishing
Page : 159 pages
File Size : 55,5 Mb
Release : 2013-05-02
Category : Business & Economics
ISBN : 9781849545846

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Progressive Capitalism by David Sainsbury Pdf

The neo-liberalism that dominated economic thinking since the advent of Thatcher and Reagan is now seen to have serious flaws. Progressive Capitalism seeks to replace it with a new Progressive political economy, based on an analysis of why the growth rates of countries differ, and what firms have to do to achieve competitive advantage in today's global economy. The cornerstone of the political economy of Progressive Capitalism is a belief in capitalism. But it also incorporates the three defining beliefs of Progressive thinking. These are the crucial role of institutions, the need for the state to be involved in their design, and the use of social justice defined as fairness as an important measure of a country's economic performance. Progressive Capitalism shows how this new Progressive political economy can be used by politicians and policy-makers to produce a programme of economic reform for a country. It does this by analysing and proposing reforms for the UK's equity markets, its system of corporate governance, its national system of innovation and its education and training system. Finally, Progressive Capitalism describes the role the state should play in the economy - an enabling one, rather than the command-and-control role of traditional socialism or the minimalist role of neo-liberalism.

The Political Economy of Upgrading Regimes: Brazil and beyond

Author : Michael Schedelik
Publisher : Springer Nature
Page : 297 pages
File Size : 45,7 Mb
Release : 2023-06-20
Category : Political Science
ISBN : 9783031340024

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The Political Economy of Upgrading Regimes: Brazil and beyond by Michael Schedelik Pdf

Today’s middle-income countries tend to be locked in a middle-income trap, unable to transition to higher income levels due to rising costs and declining competitiveness. While there is a broad consensus that upgrading these economies towards innovation-led growth is imperative, countless institutional and political economy obstacles remain. This book brings together analytical perspectives from comparative political economy, innovation studies, and development economics for the study of technological upgrading. Its distinctive contribution is the development of an innovative theoretical framework, named upgrading regimes, combining and extending the comparative capitalism and innovation system perspectives. It explores the usefulness of this approach by providing an indepth assessment of the political economy of upgrading in Brazil under the Workers’ Party governments. As the politics of technological upgrading will be one of the crucial research areas in the years to come, this book promises to become a key reference point in this debate.

Competition and Cooperation

Author : James Alt,Margaret Levi,Elinor Ostrom
Publisher : Russell Sage Foundation
Page : 376 pages
File Size : 46,6 Mb
Release : 1999-10-29
Category : Political Science
ISBN : 9781610440042

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Competition and Cooperation by James Alt,Margaret Levi,Elinor Ostrom Pdf

What can the disciplines of political science and economics learn from one another? Political scientists have recently begun to adapt economic theories of exchange, trade, and competition to the study of legislatures, parties, and voting. At the same time, some of the most innovative and influential thinkers in economics have crossed the boundaries of their discipline to explore the classic questions of political science. Competition and Cooperation features six of these path-breaking scholars, all winners of the Nobel Prize for Economics, in a series of conversations with more than a dozen distinguished political scientists. The discussions analyze, adapt, and extend the Nobelists' seminal work, showing how it has carried over into political science and paved the way for fruitful cooperation between the two disciplines. The exchanges span all of the major conceptual legacies of the Nobel laureates: Arrow's formalization of the problems of collective decisions; Buchanan's work on constitutions and his critique of majority rule; Becker's theory of competition among interest groups; North's focus on insecure property rights and transaction costs; Simon's concern with the limits to rationality; and Selten's experimental work on strategic thinking and behavior. As befits any genuine dialogue, the traffic of ideas and experiences runs both ways. The Nobel economists have had a profound impact upon political science, but, in addressing political questions, they have also had to rethink many settled assumptions of economics. The standard image of economic man as a hyper-rational, self-interested creature, acting by and for for himself, bears only a passing resemblance to man as a political animal. Several of the Nobelists featured in this volume have turned instead to the insights of cognitive science and institutional analysis to provide a more recognizable portrait of political life. The reconsideration of rationality and the role of institutions,in economics as in politics, raises the possibility of a shared approach to individual choice and institutional behavior that gives glimmers of a new unity in the social sciences. Competition and Cooperation demonstrates that the most important work in both economics and political science reflects a marriage of the two disciplines.

On the Principles of Political Economy and Taxation

Author : David Ricardo
Publisher : Unknown
Page : 180 pages
File Size : 43,9 Mb
Release : 2016-08-03
Category : Electronic
ISBN : 1536866482

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On the Principles of Political Economy and Taxation by David Ricardo Pdf

David Ricardo was a prominent English political economist. Ricardo was one of the leading classical economists in a group which included Adam Smith, Thomas Malthus, and James Mill.Ricardo's book On the Principles of Political Economy and Taxation, published in 1817, is one of the most important books ever written on economics. the book presents the theory of competitive advantage and also concluded that land rent will grow as the population increases.

The Common Sense of Political Economy

Author : Philip H. Wicksteed
Publisher : Psychology Press
Page : 450 pages
File Size : 49,8 Mb
Release : 2003-06-05
Category : Business & Economics
ISBN : 0415313414

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The Common Sense of Political Economy by Philip H. Wicksteed Pdf

First Published in 2003. Routledge is an imprint of Taylor & Francis, an informa company.

Varieties of Capitalism

Author : Peter A. Hall,David W. Soskice
Publisher : Oxford University Press
Page : 557 pages
File Size : 55,6 Mb
Release : 2001
Category : Business & Economics
ISBN : 9780199247745

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Varieties of Capitalism by Peter A. Hall,David W. Soskice Pdf

Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.

Corporate Political Strategies of Private Chinese Firms

Author : Hao Ma,Shu Lin,Neng Liang
Publisher : Routledge
Page : 182 pages
File Size : 51,9 Mb
Release : 2012-03-12
Category : Business & Economics
ISBN : 9781136586231

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Corporate Political Strategies of Private Chinese Firms by Hao Ma,Shu Lin,Neng Liang Pdf

This book is about how Chinese entrepreneurs deal with China’s most important institution-the government-in their struggle to survive and even prosper in China’s transitional economy. It takes an "inside look" at several private firms in China and provides a first-hand account, as well as the underlying rationale and decision considerations, of their corporate political strategy. The book is based firmly on solid academic research but actually written with both practitioners and scholars in mind. It offers candid and insightful quotes and observations from the owners and executives of China’s private firms with regards to their dealing with the government. This book advances a typology of corporate political strategies based on the respective motivations of the business (the entrepreneurs and their firms) and the government (the government institutions and individual officials) as well as the modes of their interactions. Eight different types of political strategies by China’s private firms are identified and illustrated with real-life examples, ranging from one-night-stand, situational shopper, good ole friend, patronage seeker, model volunteer, institutional improviser, direct participator, to red hat insider. The book also dissects a living case and traces the development of one particular private firm, from its humble start-up to present day glory, which fittingly illustrates the evolution and dynamics of the various types of political strategies the firm employed at different stages of its growth. For anyone who wants to understand China’s private firms and the Chinese government, thus be able to deal with them more effectively, this book is a must-read.

The Two Narratives of Political Economy

Author : Nicholas Capaldi,Gordon Lloyd
Publisher : John Wiley & Sons
Page : 512 pages
File Size : 53,6 Mb
Release : 2011-01-06
Category : Political Science
ISBN : 9781118011683

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The Two Narratives of Political Economy by Nicholas Capaldi,Gordon Lloyd Pdf

Captures the 17th-19th century origins and developments ofpolitical economy by editing original texts and illuminatingtheir relevance for today's political debate Political economy from the 17th century to the present can be captured in two narratives originating with Locke and Rousseau. Those original narratives were expanded in significant ways in the 18th and 19th centuries, and the editors argue that they still hold sway today. Edited original writings included in the anthology are from: Locke, Rousseau, Adam Smith, Tocqueville, Mill, Marx, Proudhon, Owen, the Federalist Papers, the French Declaration of the Rights of Man and the Citizen, and the American Constitution. The editors have restricted their comments to the extensive introductions thereby allowing the original participants to speak for themselves. The readings included are intended to be instructive with respect to the origin and development of the two narratives rather than an exhaustive account of how thinkers and writers on economics advance the discipline of economics as a social science. Reviews "The editors provide a compelling collection to critically frame the clash of Political Economy which shapes modern democracies. Their selections and introductions expertly paint a picture of the contending schools to suggest how enduring these core challenges remain. By placing these writers within this great debate, the authors guide students to discover the essential questions of liberty, equality, and the proper role of the state at the core of the American economic debate." —Roberta Q. Herzberg, Utah State University Political Science "The real service performed by Capaldi and Lloyd is to provide generous excerpts from supporters of both narratives so that the reader can determine for themselves who best makes their case. I recommend this volume highly both to the individual interested in learning about the intellectual and political history of political economy and to the professor in search of a one-volume anthology on political economy for use in a course on economic thought." —Steven D. Ealy, Senior Fellow, Liberty Fund, Inc.

Business Partnerships and Organizational Performance

Author : Wei Jiang
Publisher : Springer Science & Business Media
Page : 355 pages
File Size : 51,8 Mb
Release : 2014-03-14
Category : Business & Economics
ISBN : 9783642539893

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Business Partnerships and Organizational Performance by Wei Jiang Pdf

In the rapidly changing business world, only a small percentage of firms are able to survive and prosper despite recessions, industrial evolutions and economic changes. An often-asked question is: What determines a firm’s sustainable competitive advantage? One of the most popular competitive strategies is partnering with other firms. So: How do firms make intelligent and informed decisions when it comes to selecting business partners, to utilizing available resources and capabilities in partnerships, and to managing relations to maximize partnership benefits? This book studies 300 firms across various industries, providing readers with a comprehensive view of how firms develop sustainable competitive advantages by establishing business partnerships. Young academics and experienced researchers alike will find solid theoretical foundations and fresh business insights.