Understanding Industrial and Corporate Change [Paperback]

Understanding Industrial and Corporate Changecontains pioneering work on technological, organizational and institutional change from leading theorists and practitioners such as Joseph Stiglitz, Oliver Williamson, Masahiko Aoki, Alfred D. Chandler, Jr., and Sidney Winter. Trans-disciplinary in it's approach, the book explores three distinct themes: Markets and Organizations; Evolutionary Theory and Technological Change; and Strategy, Capabilities, and Knowledge Management. The chapters are drawn from the journalIndustrial and Corporate Change, reflecting the diverse contributions it has published since 1992 in such areas as business history, industrial organization, strategic management, organizational theory, innovation studies, organizational behavior, economics, political science, social psychology and sociology.Understanding Industrial and Corporate Changeprovides an accessible account of recent research and theory on technological, organizational and institutional change for academics and advanced students of Business and Management, Organization Theory, Technology and Innovation Studies and Industrial Economics.

Section I: Markets and Organizations
1. Information, Finance, and Markets,Bruce Greenwald and Joseph E. Stiglitz
2. Hierarchies, Markets, and Power in the Economy: An Economic Perspective,Oliver E. Williamson
3. Routines and Other Recurring Action Patterns of Organizations: Contemporary Research Issues,Michael D. Cohen, Roger Burkhart, Giovanni Dosi, Massimo Edgidi, Luigi Marengo, Masimo Warglien, and Sidney G. Winter
4. Costly and Bounded Rationality in Individual and Team Decision-Making,Roy Radner
Section II: Evolutionary Theory and Technological Change
5. Economic Experiments,Nathan Rosenberg
6. Heroes, Herds, and Hysteresis in Technological History: Thomas Edison and 'The Battle of the Systems' Reconsidered,Paull“—