Book description
The work of G.B. Richardson has given insights into key issues and debates such as markets versus hierarchies, price stability, the economics of information and the concept of competition based upon differentiated firms.This collection encourages further development of Richardson's themes. It will make excellent reading for students looking at the capability or competence approach to the firm, and for all those wishing to familiarise themselves with the work of this important economist.
Table of contents
- Cover
- Halftitle
- Title
- Copyright
- Contents
- List of illustrations
- Notes on contributors
- 1 Introduction: co-ordination and capabilities
- 2 George Richardson’s career and the literature of economics
-
3 Some principles of economic organisation
- The need for co-ordination
- The invisible hand
- A cardinal principle of economic organisation
- The need for co-operation
- The need for direction
- Direction: its scope and limits
- The firm as a microeconomy
- Pricing within a firm
- Communications, scale and structure
- A summary of the argument so far
- The costs of consolidation
- Other functions of the firm
- 4 Co-operation and competition paradoxes in the theory of the organisation of industry
- 5 Marshall, Andrews and Richardson on markets: an interpretation
- 6 Information and investment in a wider context
- 7 Information and co-ordination in an effective competitive process: Downie’s evolutionary model as a means of resolving Richardson’s problem with competition in the context of post-Marshallian economics
- 8 Austrian and post-Marshallian economics: the bridging work of George Richardson
- 9 The concept of capabilities
- 10 Capabilities and the theory of the firm
- 11 Information costs and the organisational structure of the multinational enterprise
- 12 Clusters of collaboration: the firm, join ventures, alliances and clubs
- 13 Limits to a firm’s rate of growth: the Richardsonian view and its contemporary empirical significance
- 14 Information, similar and complementary assets, and innovation policy
- Index
Product information
- Title: Economic Organization, Capabilities and Coordination
- Author(s):
- Release date: June 2013
- Publisher(s): Routledge
- ISBN: 9781134689859
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