Name: The Theory of Growth in a Corporate Economy: Management, Preference, Research and Development, and Economic Growth: 0 (en Inglés)
SKU: 2071031
Price: 1244.03 MXN
Availability: InStock
Author: Hiroyuki Odagiri
ISBN: 9780521068314

portada The Theory of Growth in a Corporate Economy: Management, Preference, Research and Development, and Economic Growth: 0 (en Inglés)

The Theory of Growth in a Corporate Economy: Management, Preference, Research and Development, and Economic Growth: 0 (en Inglés)

Formato

Libro Físico

Editorial

Cambridge University Press

Autor

Hiroyuki Odagiri

Año

2008

Idioma

Inglés

N° páginas

236

Encuadernación

Tapa Blanda

Peso

ISBN

0521068312

ISBN13

9780521068314

N° edición

Categorías

Microeconomía

The Theory of Growth in a Corporate Economy: Management, Preference, Research and Development, and Economic Growth: 0 (en Inglés)

Hiroyuki Odagiri (Autor) · Cambridge University Press · Tapa Blanda

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Reseña del libro "The Theory of Growth in a Corporate Economy: Management, Preference, Research and Development, and Economic Growth: 0 (en Inglés)"

This book investigates the growth of an economy with management-controlled corporations. It begins by studying the behaviour of a corporation whose management maximizes the rate of growth constrained by the threat of takeover, and in which research and development efforts are made to raise labour productivity. The growth of an economy consisting of a limited number of such corporations is then analysed. In this economy the stocks of corporations are the sole means of wealth-holding available to households. This theory is compared with other well-established growth theories, and some extensions of the basic theory, including policy implications, are also presented. The book contains many important innovative features: the combination of micro- and macro-economic analyses, the consideration of research and development activity, and the role of corporate stocks in economic growth. These features contribute to the major conclusion that the behaviour of management – a product of its preferences and of its environment – is an important factor in economic growth. Applying this conclusion to compare corporate growth in Japan and the United States, the author finds that the Japanese business environment makes management pursue corporate growth more vigourously than in the United States.