Firm Size, Innovation and Market Structure: The Evolution of Industry Concentration and Instability (New Horizons in the Economics of Innovation series) - Hardcover

Mazzucato, Mariana

Hardcover

ISBN 10: 1840643463 ISBN 13: 9781840643466

Publisher: Edward Elgar Publishing, 2000

Synopsis

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.

About this title

About the Author

Mariana Mazzucato is Visiting Fellow at the London Business School and a Permanent Lecturer at the Open University, UK.

Review

"Mazzucato's research provides a promising model for work in the field and poses a host of researchable and compelling questions." -- Duncan K. Foley, New School University

"Mazzucato's research provides a promising model for work in the field and poses a host of researchable and compelling questions." -- Duncan K. Foley, New School University

The author deserves appreciation to bring-forth such a valuable document. -- C.P. Gupta, Journal of Scientific and Industrial Research

The balanced nature of the book makes it very appealing to researchers in the area. -- Willi Semmler, University of Bielefeld, Germany

Edition details

• Publisher: Edward Elgar Publishing
• Publication date: 2000
• ISBN 10: 1840643463
• ISBN 13: 9781840643466
• Binding: Hardcover
• Language: English
• Number of pages: 160