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Competition, Diversity and Economic Performance

Author: C. A. Tisdell

Publisher: Edward Elgar Publishing

Published: 2013-02-01

Total Pages: 337

ISBN-13: 1781002398

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'Ecological and economic systems share some fundamental characteristics that Clem Tisdell has beautifully illuminated. He has given us a much better handle on the roles of competition, diversity, evolution and sustainability in complex, interdependent ecological and economic systems. Our ability to build a sustainable and desirable future fundamentally depends on this integrated understanding.' – Robert Costanza, Portland State University, US This thought-provoking book explores the influences of market competition and diverse behaviours of economic agents on economic performance, particularly dynamic economic performance. Clem Tisdell illustrates – within evolutionary, dynamic and static contexts – how diversity can improve or impede economic performance. He addresses the fact the role of diversity in improving economic performance has been neglected by economic theorists by making economic diversity a focal point of economic analysis. In particular, special attention is given to the value of economic diversity and economic imperfections in improving the performance of economic processes in particular identified situations. Limitations of using market-like mechanisms for managing public bodies and business firms are discussed and the value of business cooperation (economic mutualism) as a means for improving economic performance is examined. It is also observed that as economies develop, different forms of economic competition and business cooperation evolve. Challenging yet accessible, this book will prove a stimulating read for academics and students in the fields of economics, industrial organization and business and management.

Book Synopsis Competition, Diversity and Economic Performance by : C. A. Tisdell

Download or read book Competition, Diversity and Economic Performance written by C. A. Tisdell and published by Edward Elgar Publishing. This book was released on 2013-02-01 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Ecological and economic systems share some fundamental characteristics that Clem Tisdell has beautifully illuminated. He has given us a much better handle on the roles of competition, diversity, evolution and sustainability in complex, interdependent ecological and economic systems. Our ability to build a sustainable and desirable future fundamentally depends on this integrated understanding.' – Robert Costanza, Portland State University, US This thought-provoking book explores the influences of market competition and diverse behaviours of economic agents on economic performance, particularly dynamic economic performance. Clem Tisdell illustrates – within evolutionary, dynamic and static contexts – how diversity can improve or impede economic performance. He addresses the fact the role of diversity in improving economic performance has been neglected by economic theorists by making economic diversity a focal point of economic analysis. In particular, special attention is given to the value of economic diversity and economic imperfections in improving the performance of economic processes in particular identified situations. Limitations of using market-like mechanisms for managing public bodies and business firms are discussed and the value of business cooperation (economic mutualism) as a means for improving economic performance is examined. It is also observed that as economies develop, different forms of economic competition and business cooperation evolve. Challenging yet accessible, this book will prove a stimulating read for academics and students in the fields of economics, industrial organization and business and management.

Concepts of Economic Competition and Performance in Context - Summary of Chapter 2 in Competition Diversity and Economic Performance

Author: Clem Tisdell

Publisher:

Published: 2015

Total Pages: 0

ISBN-13:

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There is a common belief shared by many academics, business leaders and government officials that increased business competition promotes economic efficiency and stimulates economic growth. However, economic thought about this subject differs. Different views are discussed and a critical view is taken of the common belief. Particular attention is given to the industrial structure - business conduct - economic performance hypothesis which postulates that the existence of many competitive firms in an industry leads to conduct by business firms which ensures maximum economic efficiency and a high rate of economic growth. It is concluded that there is “no single uniform market structure that is ideal for promoting the economic performance of all industries, and 'ideal' structures may alter as an industry evolves. In particular, a market structure consisting of many competitive small firms (as assumed in perfect and pure competition) can retard the economic performance of many (but not all) industries. The situation is undoubtedly more complex than is recognized in mainstream economic theory.

Book Synopsis Concepts of Economic Competition and Performance in Context - Summary of Chapter 2 in Competition Diversity and Economic Performance by : Clem Tisdell

Download or read book Concepts of Economic Competition and Performance in Context - Summary of Chapter 2 in Competition Diversity and Economic Performance written by Clem Tisdell and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a common belief shared by many academics, business leaders and government officials that increased business competition promotes economic efficiency and stimulates economic growth. However, economic thought about this subject differs. Different views are discussed and a critical view is taken of the common belief. Particular attention is given to the industrial structure - business conduct - economic performance hypothesis which postulates that the existence of many competitive firms in an industry leads to conduct by business firms which ensures maximum economic efficiency and a high rate of economic growth. It is concluded that there is “no single uniform market structure that is ideal for promoting the economic performance of all industries, and 'ideal' structures may alter as an industry evolves. In particular, a market structure consisting of many competitive small firms (as assumed in perfect and pure competition) can retard the economic performance of many (but not all) industries. The situation is undoubtedly more complex than is recognized in mainstream economic theory.

Competition, Coordination and Diversity

Author: Pascal Salin

Publisher: Edward Elgar Publishing

Published: 2015-02-27

Total Pages: 439

ISBN-13: 1784710172

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Competition, or the freedom to enter into a market, contributes greatly to the differentiation of human activities and therefore to economic progress. This fascinating book highlights the similarities between human systems at both the micro and macro l

Book Synopsis Competition, Coordination and Diversity by : Pascal Salin

Download or read book Competition, Coordination and Diversity written by Pascal Salin and published by Edward Elgar Publishing. This book was released on 2015-02-27 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition, or the freedom to enter into a market, contributes greatly to the differentiation of human activities and therefore to economic progress. This fascinating book highlights the similarities between human systems at both the micro and macro l

Niches and Economic Competition

Author: Clement Allan Tisdell

Publisher:

Published: 2001

Total Pages: 22

ISBN-13:

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Book Synopsis Niches and Economic Competition by : Clement Allan Tisdell

Download or read book Niches and Economic Competition written by Clement Allan Tisdell and published by . This book was released on 2001 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Entrepreneurship and Economic Growth

Author: David B. Audretsch

Publisher: Oxford University Press

Published: 2006-04-27

Total Pages: 236

ISBN-13: 0198040490

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By serving as a conduit for knowledge spillovers, entrepreneurship is the missing link between investments in new knowledge and economic growth. The knowledge spillover theory of entrepreneurship provides not just an explanation of why entrepreneurship has become more prevalent as the factor of knowledge has emerged as a crucial source for comparative advantage, but also why entrepreneurship plays a vital role in generating economic growth. Entrepreneurship is an important mechanism permeating the knowledge filter to facilitate the spill over of knowledge and ultimately generate economic growth.

Book Synopsis Entrepreneurship and Economic Growth by : David B. Audretsch

Download or read book Entrepreneurship and Economic Growth written by David B. Audretsch and published by Oxford University Press. This book was released on 2006-04-27 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: By serving as a conduit for knowledge spillovers, entrepreneurship is the missing link between investments in new knowledge and economic growth. The knowledge spillover theory of entrepreneurship provides not just an explanation of why entrepreneurship has become more prevalent as the factor of knowledge has emerged as a crucial source for comparative advantage, but also why entrepreneurship plays a vital role in generating economic growth. Entrepreneurship is an important mechanism permeating the knowledge filter to facilitate the spill over of knowledge and ultimately generate economic growth.

Regulating Fair Competition Toward Sustainable Development Goals

Author: Shukor, Siti Fazilah Abdul

Publisher: IGI Global

Published: 2023-12-29

Total Pages: 300

ISBN-13:

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The necessity for the fundamental practice of regulating fair competition in a globalized world cannot be overstated. This promotes innovation, productivity, and serves as a safeguard against monopolies that could stifle progress. Regulating Fair Competition Toward Sustainable Development Goals is an insightful and comprehensive exploration of the vital link between competition law and policy and the United Nations' Sustainable Development Goals (SDGs). At its core, this book delves into the crucial role of fair competition in fostering innovation and driving economic growth. By encouraging corporations to continuously seek novel ideas and invest in research and development, fair competition paves the way for improved productivity and cost-effective production. Moreover, this legal framework stands as a bulwark against monopolies, which can suppress innovation, limit consumer choice, and escalate prices. The editors deftly elucidate the importance of competition law and policy in creating an open and fair marketplace that benefits consumers, businesses, and the environment. Bringing together a distinguished collection of academics and industry experts, this book delves into a broad spectrum of topics, including economy, environment, energy, technology, employment, business, and management. By examining various perspectives, the book offers a nuanced understanding of the implementations and limitations of competition law and policy in the context of sustainable development. This timely and significant volume caters to a diverse audience comprising academics, students, policy makers, and government and private research institutions. Furthermore, industry leaders and corporations will find valuable insights on how fair competition can foster sustainable development, making this book a must-read for those seeking to navigate the intersection of competition law and the SDGs.

Book Synopsis Regulating Fair Competition Toward Sustainable Development Goals by : Shukor, Siti Fazilah Abdul

Download or read book Regulating Fair Competition Toward Sustainable Development Goals written by Shukor, Siti Fazilah Abdul and published by IGI Global. This book was released on 2023-12-29 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: The necessity for the fundamental practice of regulating fair competition in a globalized world cannot be overstated. This promotes innovation, productivity, and serves as a safeguard against monopolies that could stifle progress. Regulating Fair Competition Toward Sustainable Development Goals is an insightful and comprehensive exploration of the vital link between competition law and policy and the United Nations' Sustainable Development Goals (SDGs). At its core, this book delves into the crucial role of fair competition in fostering innovation and driving economic growth. By encouraging corporations to continuously seek novel ideas and invest in research and development, fair competition paves the way for improved productivity and cost-effective production. Moreover, this legal framework stands as a bulwark against monopolies, which can suppress innovation, limit consumer choice, and escalate prices. The editors deftly elucidate the importance of competition law and policy in creating an open and fair marketplace that benefits consumers, businesses, and the environment. Bringing together a distinguished collection of academics and industry experts, this book delves into a broad spectrum of topics, including economy, environment, energy, technology, employment, business, and management. By examining various perspectives, the book offers a nuanced understanding of the implementations and limitations of competition law and policy in the context of sustainable development. This timely and significant volume caters to a diverse audience comprising academics, students, policy makers, and government and private research institutions. Furthermore, industry leaders and corporations will find valuable insights on how fair competition can foster sustainable development, making this book a must-read for those seeking to navigate the intersection of competition law and the SDGs.

Astute Competition

Author: Peter Johnson

Publisher: Elsevier Science Limited

Published: 2006-12-08

Total Pages: 242

ISBN-13: 9780080453217

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This book is embedded in practical tools which proposes a fourth field of economics in addition to macro, micro and industrial organisation economics (IO); namely what may be called the economics of diversity. This book asserts that businesses are as individual as people. All have unique identities, what may be called genomes.

Book Synopsis Astute Competition by : Peter Johnson

Download or read book Astute Competition written by Peter Johnson and published by Elsevier Science Limited. This book was released on 2006-12-08 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is embedded in practical tools which proposes a fourth field of economics in addition to macro, micro and industrial organisation economics (IO); namely what may be called the economics of diversity. This book asserts that businesses are as individual as people. All have unique identities, what may be called genomes.

The Sustainability and Development of Ancient Economies

Author: Clement A. Tisdell

Publisher: Taylor & Francis

Published: 2023-07-07

Total Pages: 256

ISBN-13: 1000910628

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Drawing on modern economic theory, this book provides new insights into the economic development of ancient economies and the sustainability of their development. The book pays particular attention to the economics of hunting and gathering societies and their diversity. New ideas are presented about theories of the transition from hunting and gathering to agriculture, including Childe’s theory of this development. The Agricultural Revolution was a major contributor to economic development because in most cases, it generated an economic surplus. However, as shown, income inequality was a necessary condition for the use of this surplus to promote economic development and to avoid the Malthusian population trap. This inequality was evident in the successful operation of the palatial economies of the Minoan and Mycenaean states. Nevertheless, some post-agricultural economies proved to be unsustainable, and they ‘mysteriously’ disappeared. This happened in the case of the Silesian Únětice culture and population. Economic and ecological reasons for this are suggested. The nature of economic development altered with increased trade, the use of barter, and subsequently the supply of money to facilitate this trade. These developments are examined in the context of the palatial economies of Mesopotamia and Egypt. Elsewhere, multinational business made a substantial contribution to the economic growth of Phoenicia, where international trade was not determined by its natural resource endowments. Thus, Phoenician economic exchange and development provides a different set of insights. The book makes an important contribution to the understanding of the evolution of human societies and will therefore be of interdisciplinary interest including economists (especially economic historians), anthropologists and sociologists, some archaeologists, and historians.

Book Synopsis The Sustainability and Development of Ancient Economies by : Clement A. Tisdell

Download or read book The Sustainability and Development of Ancient Economies written by Clement A. Tisdell and published by Taylor & Francis. This book was released on 2023-07-07 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on modern economic theory, this book provides new insights into the economic development of ancient economies and the sustainability of their development. The book pays particular attention to the economics of hunting and gathering societies and their diversity. New ideas are presented about theories of the transition from hunting and gathering to agriculture, including Childe’s theory of this development. The Agricultural Revolution was a major contributor to economic development because in most cases, it generated an economic surplus. However, as shown, income inequality was a necessary condition for the use of this surplus to promote economic development and to avoid the Malthusian population trap. This inequality was evident in the successful operation of the palatial economies of the Minoan and Mycenaean states. Nevertheless, some post-agricultural economies proved to be unsustainable, and they ‘mysteriously’ disappeared. This happened in the case of the Silesian Únětice culture and population. Economic and ecological reasons for this are suggested. The nature of economic development altered with increased trade, the use of barter, and subsequently the supply of money to facilitate this trade. These developments are examined in the context of the palatial economies of Mesopotamia and Egypt. Elsewhere, multinational business made a substantial contribution to the economic growth of Phoenicia, where international trade was not determined by its natural resource endowments. Thus, Phoenician economic exchange and development provides a different set of insights. The book makes an important contribution to the understanding of the evolution of human societies and will therefore be of interdisciplinary interest including economists (especially economic historians), anthropologists and sociologists, some archaeologists, and historians.

Sustaining Biodiversity and Ecosystem Functions

Author: Clement A. Tisdell

Publisher: Edward Elgar Publishing

Published: 2015-10-30

Total Pages: 432

ISBN-13: 1785362682

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The stock of the world’s biological diversity and the state of its ecosystems are major determinants of the availability of commodities, both essential and desirable, for human life. This leading-edge study provides an overarching and balanced approach to the economics of biological conservation; considering man made and natural components, and their interdependence. Recognising the deficiencies of many contemporary studies, which focus almost entirely on natural capital, Clement Tisdell utilizes the concept of heritage biological capital, including germplasm, as part of his analysis of changes in the stock of biological capital. This comprehensive synthesis casts doubt upon some propositions and policies for resource conservation recommended by eminent ecologists in areas such as GM crops and livestock husbandry as well as agroecosystems and the concept of sustainable agricultural intensification. The propositions presented are lent strength by the author’s decision to relate his analysis to pertinent contemporary institutional developments and scientific advances. The broad scope and rational scepticism with which this book has been compiled make it an ideal read for economists interested in ecological and environmental economics, natural scientists with an interest in biodiversity conservation and higher level policy makers in ecological and environmental fields.

Book Synopsis Sustaining Biodiversity and Ecosystem Functions by : Clement A. Tisdell

Download or read book Sustaining Biodiversity and Ecosystem Functions written by Clement A. Tisdell and published by Edward Elgar Publishing. This book was released on 2015-10-30 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: The stock of the world’s biological diversity and the state of its ecosystems are major determinants of the availability of commodities, both essential and desirable, for human life. This leading-edge study provides an overarching and balanced approach to the economics of biological conservation; considering man made and natural components, and their interdependence. Recognising the deficiencies of many contemporary studies, which focus almost entirely on natural capital, Clement Tisdell utilizes the concept of heritage biological capital, including germplasm, as part of his analysis of changes in the stock of biological capital. This comprehensive synthesis casts doubt upon some propositions and policies for resource conservation recommended by eminent ecologists in areas such as GM crops and livestock husbandry as well as agroecosystems and the concept of sustainable agricultural intensification. The propositions presented are lent strength by the author’s decision to relate his analysis to pertinent contemporary institutional developments and scientific advances. The broad scope and rational scepticism with which this book has been compiled make it an ideal read for economists interested in ecological and environmental economics, natural scientists with an interest in biodiversity conservation and higher level policy makers in ecological and environmental fields.

National Capitalisms, Global Competition, and Economic Performance

Author: Sigrid Quack

Publisher: John Benjamins Publishing

Published: 2000-03-15

Total Pages: 336

ISBN-13: 9027299811

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Why are some firms successful on global markets whilst others are not? In this collection of papers, a group of distinguished international researchers examine the inter-relationship between national context, firm performance and global competitiveness. In a series of empirical studies covering major industries (such as banking, telecommunications, construction, automobiles, and airlines) in a number of European countries (Great Britain, France, Germany, Holland, Finland, Slovenia), the studies show how distinctive patterns of firm competences and capabilities arise from national contexts. These influence the way in which firms perform in response to changing technologies and competitive pressures. Thus the impact of the globalisation of economic activity may be to reinforce existing national differences in firm performance rather than producing a homogenisation and standardisation. This book will be of interest to researchers in business and management, sociology, economics and political science for its comparative organizational approach to problems of economic performance.

Book Synopsis National Capitalisms, Global Competition, and Economic Performance by : Sigrid Quack

Download or read book National Capitalisms, Global Competition, and Economic Performance written by Sigrid Quack and published by John Benjamins Publishing. This book was released on 2000-03-15 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are some firms successful on global markets whilst others are not? In this collection of papers, a group of distinguished international researchers examine the inter-relationship between national context, firm performance and global competitiveness. In a series of empirical studies covering major industries (such as banking, telecommunications, construction, automobiles, and airlines) in a number of European countries (Great Britain, France, Germany, Holland, Finland, Slovenia), the studies show how distinctive patterns of firm competences and capabilities arise from national contexts. These influence the way in which firms perform in response to changing technologies and competitive pressures. Thus the impact of the globalisation of economic activity may be to reinforce existing national differences in firm performance rather than producing a homogenisation and standardisation. This book will be of interest to researchers in business and management, sociology, economics and political science for its comparative organizational approach to problems of economic performance.