Firm Size, Innovation, and Market Structure

Released on by Mariana Mazzucato
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  • Firm Size, Innovation, and Market Structure Book Detail

  • Author : Mariana Mazzucato
  • Release Date : 2000-01-01
  • Publisher : Edward Elgar Publishing
  • Genre : Business & Economics
  • Pages : 168
  • ISBN 13 : 9781781952818
  • File Size : 17,17 MB
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Firm Size, Innovation, and Market Structure by Mariana Mazzucato PDF Summary

Book Description: The book begins by reviewing the connection between firm size, innovation and market structure from a theoretical and an empirical point of view, with emphasis on the 'complexity' that defines this relationship. It then goes on to build an evolutionary model which explores different Schumpeterian propositions regarding the positive and negative feedback between firm size and innovation as well as the role of idiosyncratic random events on industry market structure. The concluding chapter uses 100 years in the history of the US automobile industry to explore the relationship between market share instability and stock price volatility and the degree to which this relationship is connected to industry specific factors. This innovative new book will prove invaluable to researchers, lecturers and scholars of industrial organisation, technology and market structure.

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Market Structure and Innovation

Market Structure and Innovation

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Technical advance requires resources and is motivated by the quest for profits; therefore, the rate and direction of advance is determined by the economic syste