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This paper is part of a broader research project that aims to analyse the emerging private business sector in China by focusing on three topics.
Persistent link: https://www.econbiz.de/10005505048
Today, Alchian's "Uncertainty, evolution and economic theory" (1950) is hailed by evolutionary economists as a most important piece, which resumed an evolutionary brand of theorizing in economics after the eclipse of the interwar period. On the other hand, Alchian's article is also cherished by...
Persistent link: https://www.econbiz.de/10005450922
The paper describes the emergence of entrepreneurship in Shanxi province based on fieldwork in the last 6 years. Employing institutional and evolutionary economics shows that both the kind of firms that emerge and the individual behaviour of entrepreneurs reflect a systematic response to the...
Persistent link: https://www.econbiz.de/10005288552
Chinese entrepreneurs innovatively manage organisations in the absence of strong economic institutions, under conditions of high environmental and technological uncertainty. This paper presents the findings of an empirical study designed to investigate how Chinese entrepreneurs can be successful...
Persistent link: https://www.econbiz.de/10005288596
The literature on transaction costs concentrates on established firms in established markets, while the literature on industrial ecology concentrates on new firms in given markets. It is contested in the following that the picture looks differently if the analysis concentrates on establishing...
Persistent link: https://www.econbiz.de/10005288618
/>-------------------------------------------------------<br/> Traditionally, standards have been perceived as contradicting innovation. However, this view has been overturned in recent years … address will present the innovation-promoting impacts of standards in three different dimensions. In addition, possible … barriers for the exploitation of these potentials and negative implications of the interaction between innovation and …
Persistent link: https://www.econbiz.de/10008595645
This article connects theory of learning with theory of governance, in the context of inter-firm relations. It recognizes fundamental criticism of transaction cost economics (TCE), but preserves elements from that theory. Two kinds of relational risk are identified: hold-up and spillover risk....
Persistent link: https://www.econbiz.de/10005795613
Increasingly, it has been recognised that in their process of internationalisation multinationals may learn. They may take a strategy not only of exploitation, to leverage existing assets, competencies and products, built up in their home countries, but also, and perhaps even primarily, of...
Persistent link: https://www.econbiz.de/10005795619
Understanding technological change is of critical importance to marketers, as it bears new markets, new brands, new customers, and new market leaders. This paper examines the deviation among reviews of a technology’s performance and its consequences for inferences on technology evolution...
Persistent link: https://www.econbiz.de/10008484117
framework in which product intelligence leads to consumer satisfaction through the innovation attributes of relative advantage …
Persistent link: https://www.econbiz.de/10005505036