Pattern in corporate evolution:
Questions relating to the existence and nature of firms have become major issues in economics in recent years. The agenda in this area has been largely set by transaction cost economics. This approach has provided a basis for explaining the boundaries and structure of the firm in a variety of contex...
Gespeichert in:
1. Verfasser: | |
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Oxford [u.a.]
Oxford Univ. Press
1997
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Schlagworte: | |
Online-Zugang: | Inhaltsverzeichnis |
Zusammenfassung: | Questions relating to the existence and nature of firms have become major issues in economics in recent years. The agenda in this area has been largely set by transaction cost economics. This approach has provided a basis for explaining the boundaries and structure of the firm in a variety of contexts. Neil Kay follows the agenda set by transaction cost economics, but he is unique in providing improved explanations of individual phenomena as well as a more general framework for analyzing the nature and behaviour of firms. Graphical analysis of firm strategy and structure forms an integral part of the analysis The book develops a resource-based perspective of the firm. This in turn provides the foundations for the analysis of the firm as a complex system, in which links composed of shared resources constitute basic building blocks. The evolution of the firm from simple beginnings to complex system is then studied in a number of areas, including vertical integration, diversification, multi-national enterprise, joint venture, alliance, network, and internal organization. Neil M. Kay's analysis advances current theories of the firm and will be essential reading for academics and researchers involved in business economics, strategic management, and organization theory |
Beschreibung: | XVII, 319 S. graph. Darst. |
ISBN: | 0198290470 |
Internformat
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264 | 1 | |a Oxford [u.a.] |b Oxford Univ. Press |c 1997 | |
300 | |a XVII, 319 S. |b graph. Darst. | ||
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520 | 3 | |a Questions relating to the existence and nature of firms have become major issues in economics in recent years. The agenda in this area has been largely set by transaction cost economics. This approach has provided a basis for explaining the boundaries and structure of the firm in a variety of contexts. Neil Kay follows the agenda set by transaction cost economics, but he is unique in providing improved explanations of individual phenomena as well as a more general framework for analyzing the nature and behaviour of firms. Graphical analysis of firm strategy and structure forms an integral part of the analysis | |
520 | |a The book develops a resource-based perspective of the firm. This in turn provides the foundations for the analysis of the firm as a complex system, in which links composed of shared resources constitute basic building blocks. The evolution of the firm from simple beginnings to complex system is then studied in a number of areas, including vertical integration, diversification, multi-national enterprise, joint venture, alliance, network, and internal organization. Neil M. Kay's analysis advances current theories of the firm and will be essential reading for academics and researchers involved in business economics, strategic management, and organization theory | ||
650 | 4 | |a Entreprises - Croissance | |
650 | 7 | |a Ondernemingen |2 gtt | |
650 | 7 | |a Strategische planning |2 gtt | |
650 | 4 | |a Économie industrielle | |
650 | 4 | |a Corporations -- Growth | |
650 | 4 | |a Industrial organization (Economic theory) | |
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650 | 0 | 7 | |a Industrieökonomie |0 (DE-588)4133311-1 |2 gnd |9 rswk-swf |
650 | 0 | 7 | |a Unternehmenswachstum |0 (DE-588)4078620-1 |2 gnd |9 rswk-swf |
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Datensatz im Suchindex
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adam_text |
CONTENTS
List of Figures xv
1. Introduction 1
2. The Agenda 9
2.1. Spoke 1: Bounded Rationality 11
2.2. Spoke 2: Resources 14
2.3. Spoke 3: Hierarchy 17
2.4. Spoke 4: Technological Change 22
2.5. Conclusions 28
3. Vertical Integration 33
3.1. The Question of the Nature of the Firm 36
3.2. Vertical Integration in the Petroleum Industry 39
3.3. Specificity and Replaceability 43
3.4. Long term Contracts and Vertical Integration 49
3.5. The Nature of Decisions in Markets and Hierarchies 51
3.6. Conclusions 55
4. Links and Patterns 58
4.1. The Conglomerate and Limited Comparators 58
4.2. Simple Diversification 61
4.3. The Logic of Specialization 66
4.4. The Diversified Firm 69
4.5. Survival and the Firm 78
4.6. Selection Processes in Economics 81
4.7. Selection Environments and the Firm 82
4.8. Conclusions 85
xii Contents
5. Setting out the Framework 88
5.1. Resource 89
5.2. Hierarchy 91
5.3. Decision 92
5.4. Technological Change 94
5.5. Pattern 97
5.6. The Role of History 101
5.7. Eight Fundamental Issues 104
5.8. Conclusions 109
6. Mapping Strategy 111
6.1. Mapping Strategy 111
6.2. Cadbury Schweppes 116
6.3. Thorn EMI 118
6. /. Ladbroke 120
(5.5. Trafalgar House 123
6.6. Hillsdown Holdings pic 125
6.7. Mapping Links and Threats 127
6.S. Postscript 129
6.9. Conclusions 130
7. Diversification 133
7.7. Coherence and the Design of Strategy 134
7.2. Choice of Strategy 138
7.5. Empirical Patterns 141
7.4. Conclusions 150
8. Multinational Enterprise 153
£.7. Analysing the MNE 153
5.2. 77ie MME1 W to Alternatives 158
#.J. 7%e Multinational Option 165
5.4. Empirical Patterns 167
Contents xiii
8.5. Conclusions 173
9. Joint Venture 177
9.1. Collaborative Activity 179
9.2. Market Arrangements to Coordinate Complementary Assets 182
9.3. Hierarchical Arrangements to Coordinate Complementary
Assets 184
9.4. Joint Venture to Coordinate Complementary Assets 185
9.5. The Evolution of Collaboration in the Diversified Firm 189
9.6. Empirical Patterns 199
9.7. Conclusions 205
10. Alliances and Networks 208
10.1. The Evolution of Alliances and Networks 211
10.2. Empirical Patterns 220
10.3. Conclusions 225
11. Complexity and Hierarchy 228
11.1. Complexity and Task Performance 229
11.2. Cognition and the Effects of Experience 234
11.3. Complexity, Standardization and Hierarchy 238
11.4. Conclusions 244
12. Strategy and Structure 247
12.1. Interactions between Bundles of Resources in the Firm 249
12.2. Organization Design and the Decomposition of Strategies 254
12.3. Multinational Enterprise and Organization Design 260
12.4. Multinational Enterprise and the Matrix Structure 266
12.5. Conclusions 269
13. Conclusions 272
13.1. Review 272
13.2. System, Pattern, and Evolution 275
xiv Contents
13.3. Possibilities for Future Research 278
13.4. Last Words 282
References 284
Index 301
FIGURES
FIGURE 2.1 The neoclassical agenda and some alternatives 10
FIGURE 4.1 Specialized versus conglomerate strategies 60
FIGURE 4.2 Linkages from diversification and vertical integration 62
FIGURE 4.3 Alternative strategies 67
FIGURE 4.4 Specialization and diversification 70
FIGURE 4.5 External threats to strategies 73
FIGURE 4.6 Some options for dealing with variability and uncertainty 76
FIGURE 5.1 Navon type figure 99
FIGURE 5.2 Specialization '04
FIGURE 5.3 Diversification and conglomerates 105
FIGURE 5.4 Multinational enterprise 106
FIGURE 5.5 Joint venture 106
FIGURE 5.6 Alliance 107
FIGURE 5.7 Networks 107
FIGURE 5.8 Organizational structure 108
FIGURE 6.1 Maps of various corporate strategies ' 14
FIGURE 6.2 Map of Cadbury Schweppes' corporate strategy 117
FIGURE 6.3 Map of Thorn EMI's corporate strategy 119
FIGURE 6.4 Map of Ladbroke's corporate strategy 121
FIGURE 6.5 Map of Trafalgar House's corporate strategy 123
FIGURE 6.6 Map of Hillsdown Holdings' corporate strategy 126
FIGURE 6.7 Strategies and possible threats 128
FIGURE 7.1 Strategy and lack of coherence 134
FIGURE 7.2 Coherence and the evolution of strategies 137
FIGURE 7.3 Conglomerate and group focus 140
FIGURE 7.4 Fragility of related linked strategy 149
FIGURE 8.1 Specialization and resource sharing 159
xvi Figures
FIGURE 8.2 Specialization option 161
FIGURE 8.3 Diversification option 162
FIGURE 8.4 The multinational and its alternatives 162
FIGURE 8.5 Multinational specialization 164
FIGURE 8.6 Alternative multinational strategies 170
FIGURE 9.1 Coordinating complementary assets 181
FIGURE 9.2 Stage 1. Atomism 190
FIGURE 9.3 Stage 2. Specialization 191
FIGURE 9.4 Stage 3. Related constrained strategy 192
FIGURE 9.5 Stage 4. Related linked strategy 193
FIGURE 9.6 Stage 5. Collaboration 194
FIGURE 9.7 Joint venture and coordination cost hot spot 196
FIGURE 9.8 Conglomerate decomposability and joint venture activity 198
FIGURE 10.1 Stage 6. Alliance 211
FIGURE 10.2 Stage 7. Network 214
FIGURE 10.3 Seven stages of corporate growth 217
FIGURE 11.1 Hierarchy and cumulative linkages for Indeng 240
FIGURE 11.2 Hierarchy and incremental linkages for Indeng 242
FIGURE 12.1 Synergy and complementarity 250
FIGURE 12.2 Two organizational solutions for the sports goods
manufacturer 252
FIGURE 12.3 Large firm strategies 253
FIGURE 12.4 Conglomerate strategies and the M form 254
FIGURE 12.5 Specialized strategies and the U form 255
FIGURE 12.6 Related constrained strategies and hybrid organizations 256
FIGURE 12.7 Simple related linked strategies and the problem of
organizational form 257
FIGURE 12.8 Complex related linked strategy and hybrid organization 258
FIGURE 12.9 Multinational enterprise and the matrix structure 260
FIGURE 12.10 Relations involving two selected sections in a matrix
structure 261
FIGURE 12.11 The international division 262
Figures xvii
FIGURE 12.12 Area salami: regionally based international subsidiaries 264
FIGURE 12.13 Product salami: global product or integrated structure 265
FIGURE 12.14 Function salami: global functional structure 266
FIGURE 12.15 Matrix management from the perspective of an individual
section 267 |
any_adam_object | 1 |
author | Kay, Neil M. |
author_facet | Kay, Neil M. |
author_role | aut |
author_sort | Kay, Neil M. |
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building | Verbundindex |
bvnumber | BV011482298 |
callnumber-first | H - Social Science |
callnumber-label | HD2746 |
callnumber-raw | HD2746.K39 1997 |
callnumber-search | HD2746.K39 1997 |
callnumber-sort | HD 42746 K39 41997 |
callnumber-subject | HD - Industries, Land Use, Labor |
classification_rvk | QC 131 QP 340 |
ctrlnum | (OCoLC)36330879 (DE-599)BVBBV011482298 |
dewey-full | 658.4/0621 658.4/06 |
dewey-hundreds | 600 - Technology (Applied sciences) |
dewey-ones | 658 - General management |
dewey-raw | 658.4/06 21 658.4/06 |
dewey-search | 658.4/06 21 658.4/06 |
dewey-sort | 3658.4 16 221 |
dewey-tens | 650 - Management and auxiliary services |
discipline | Wirtschaftswissenschaften |
format | Book |
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institution | BVB |
isbn | 0198290470 |
language | English |
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spelling | Kay, Neil M. Verfasser aut Pattern in corporate evolution Neil M. Kay Oxford [u.a.] Oxford Univ. Press 1997 XVII, 319 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Questions relating to the existence and nature of firms have become major issues in economics in recent years. The agenda in this area has been largely set by transaction cost economics. This approach has provided a basis for explaining the boundaries and structure of the firm in a variety of contexts. Neil Kay follows the agenda set by transaction cost economics, but he is unique in providing improved explanations of individual phenomena as well as a more general framework for analyzing the nature and behaviour of firms. Graphical analysis of firm strategy and structure forms an integral part of the analysis The book develops a resource-based perspective of the firm. This in turn provides the foundations for the analysis of the firm as a complex system, in which links composed of shared resources constitute basic building blocks. The evolution of the firm from simple beginnings to complex system is then studied in a number of areas, including vertical integration, diversification, multi-national enterprise, joint venture, alliance, network, and internal organization. Neil M. Kay's analysis advances current theories of the firm and will be essential reading for academics and researchers involved in business economics, strategic management, and organization theory Entreprises - Croissance Ondernemingen gtt Strategische planning gtt Économie industrielle Corporations -- Growth Industrial organization (Economic theory) Unternehmenstheorie (DE-588)4078614-6 gnd rswk-swf Industrieökonomie (DE-588)4133311-1 gnd rswk-swf Unternehmenswachstum (DE-588)4078620-1 gnd rswk-swf Unternehmenstheorie (DE-588)4078614-6 s DE-604 Unternehmenswachstum (DE-588)4078620-1 s Industrieökonomie (DE-588)4133311-1 s DE-188 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=007724710&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
spellingShingle | Kay, Neil M. Pattern in corporate evolution Entreprises - Croissance Ondernemingen gtt Strategische planning gtt Économie industrielle Corporations -- Growth Industrial organization (Economic theory) Unternehmenstheorie (DE-588)4078614-6 gnd Industrieökonomie (DE-588)4133311-1 gnd Unternehmenswachstum (DE-588)4078620-1 gnd |
subject_GND | (DE-588)4078614-6 (DE-588)4133311-1 (DE-588)4078620-1 |
title | Pattern in corporate evolution |
title_auth | Pattern in corporate evolution |
title_exact_search | Pattern in corporate evolution |
title_full | Pattern in corporate evolution Neil M. Kay |
title_fullStr | Pattern in corporate evolution Neil M. Kay |
title_full_unstemmed | Pattern in corporate evolution Neil M. Kay |
title_short | Pattern in corporate evolution |
title_sort | pattern in corporate evolution |
topic | Entreprises - Croissance Ondernemingen gtt Strategische planning gtt Économie industrielle Corporations -- Growth Industrial organization (Economic theory) Unternehmenstheorie (DE-588)4078614-6 gnd Industrieökonomie (DE-588)4133311-1 gnd Unternehmenswachstum (DE-588)4078620-1 gnd |
topic_facet | Entreprises - Croissance Ondernemingen Strategische planning Économie industrielle Corporations -- Growth Industrial organization (Economic theory) Unternehmenstheorie Industrieökonomie Unternehmenswachstum |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=007724710&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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