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Dynamics of Entry and Market Evolution

Dynamics of Entry and Market Evolution


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About the Book

This book explores and discusses the dynamic role of innovations and modern technology in industrry growth on a global scale, through models of entry, emphasizing core competence and efficiency of the leading industries today. The book looks at the question of why firms grow and decline. How does competition affect this process? Industry evolution today depends critically on innovations and R&D investments. The book analyzes the theory of Schumpeterian innovations in many forms and its impact on the selection and adjustment process in industry evolution. Both Walrasian and non-Walrasian adjustment mechanisms in evolution are discussed here in terms of core competence and efficiency theory. The stochastic aspects of the entry and exit process and the nonparametric treatment of the R&D externalities provide some new insights. The book emphasizes the applied and empirical aspects of evolutionary dynamics. As a case study, the computer industry over the years 1985-2000 is analyzed in some detail, in respect of innovation efficiency, learning by doing and the R&D spillover effect through demand growth.

Table of Contents:
Entry Dynamics: Theory and Implications Innovation and Efficiency in Industry Evolution The Costs and Effects of Market Entry Entry and Market Structure Industry Evolution under Entry Barriers Model of Industry Evolution under Innovations

About the Author :
JATI K. SENGUPTA is Professor of Economics at the University of California Santa Barbara, USA. He has published fourteen research monographs and more than 330 research papers in leading academic journals. He has done extensive research in three areas: theory of economic efficiency, economics of uncertainty and the modern theory of economic growth with applications to India and the south east Asian countries. In the field of management science and operations research he has made significant contributions in the theory of stochastic linear programming and the nonparametric theory of data envelopment analysis.


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Product Details
  • ISBN-13: 9780230211018
  • Publisher: Palgrave MacMillan
  • Publisher Imprint: Palgrave Macmillan
  • Height: 222 mm
  • Spine Width: 12 mm
  • Width: 141 mm
  • ISBN-10: 0230211011
  • Publisher Date: 16 May 2007
  • Binding: Digital (delivered electronically)
  • Language: English
  • Weight: 322 gr


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