Learning by Doing in Markets, Firms, and Countries (National Bureau of Economic Research Conference Report) - Softcover

Softcover

ISBN 10: 0226468348 ISBN 13: 9780226468341

Publisher: University of Chicago Press, 1999

Synopsis

Learning by Doing in Markets, Firms, and Countries draws out the underlying economics in business history by focusing on learning processes and the development of competitively valuable asymmetries. The essays show that organizations, like people, learn that this process can be organized more or less effectively, which can have major implications for how competition works.

The first three essays in this volume explore techniques firms have used to both manage information to create valuable asymmetries and to otherwise suppress unwelcome competition. The next three focus on the ways in which firms have built special capabilities over time, capabilities that have been both sources of competitive advantage and resistance to new opportunities. The last two extend the notion of learning from the level of firms to that of nations. The collection as a whole builds on the previous two volumes to make the connection between information structure and product market outcomes in business history.

About this title

Synopsis:

Drawing out the underlying economics in business history, this text focuses on learning processes and the development of competitively valuable asymmetries. The essays show that organizations, like people, learn that this process can be organized more or less effectively, which can have major implications for how competition works. The first three essays in this volume explore techniques firms have used to both manage information to create valuable asymmetries and to otherwise suppress unwelcome competition. The next three focus on the ways in which firms have built special capabilities over time, capabilities that have been both sources of competitive advantage and resistance to new opportunities. The last two extend the notion of learning from the level of firms to that of nations. The collection as a whole builds on the previous two volumes to make the connection between information structure and product market outcomes in business history.

About the Author:

Naomi R. Lamoreaux is the Stanley B. Resor Professor of Economics and History at Yale University and a research associate of the NBER.

About this edition

• Publisher: University of Chicago Press
• Publication date: 1999
• ISBN 10: 0226468348
• ISBN 13: 9780226468341
• Binding: Paperback
• Number of pages: 356
• Editor: Lamoreaux Naomi R., Raff Daniel M. G., Temin Peter