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The research reported in this book began as part of a Ph.D. dissertation submitted to the University of Pittsburgh in 1976. Revisions were accomp lished at Florida International University in Miami. There have been many people who were instrumental in the formation and completion of this research. The contributions made by Jack Ochs are far too numerous to mention. Jack's insights and suggestions will always be appreciated. I am also grateful to Melvin Greenhut, David Houston, Tatsuhiko Kawashima, Asatoshi Maeshiro, William Miernyk, Josephine Olson, Peter Nijkamp and Harry Richardson who read and critically re viewed earlier manuscripts. I am doubly indebted to Harry Richardson who initially suggested this investigation. Special thanks are in order for Gene Gruver, Peter Montiel, Randy Miller and James Wheller for always finding the time to hear out many of my arguments. In addition, I appreci ate the valuable suggestions they made as well. I am grateful, moreover, to Janice Carlino who most generously gave of herself to assist in this in any way she could. Janice not only helped with data preparation and with typing-entire drafts of earlier manuscripts, but, more importantly, showed an unusual degree oftolerance toward one for whom the research effort is not the most tranquil of experiences.
The research reported in this book began as part of a Ph.D. dissertation submitted to the University of Pittsburgh in 1976. Revisions were accomp lished at Florida International University in Miami. There have been many people who were instrumental in the formation and completion of this research. The contributions made by Jack Ochs are far too numerous to mention. Jack's insights and suggestions will always be appreciated. I am also grateful to Melvin Greenhut, David Houston, Tatsuhiko Kawashima, Asatoshi Maeshiro, William Miernyk, Josephine Olson, Peter Nijkamp and Harry Richardson who read and critically re viewed earlier manuscripts. I am doubly indebted to Harry Richardson who initially suggested this investigation. Special thanks are in order for Gene Gruver, Peter Montiel, Randy Miller and James Wheller for always finding the time to hear out many of my arguments. In addition, I appreci ate the valuable suggestions they made as well. I am grateful, moreover, to Janice Carlino who most generously gave of herself to assist in this in any way she could. Janice not only helped with data preparation and with typing-entire drafts of earlier manuscripts, but, more importantly, showed an unusual degree oftolerance toward one for whom the research effort is not the most tranquil of experiences.
The research reported in this book began as part of a Ph.D. dissertation submitted to the University of Pittsburgh in 1976. Revisions were accomp lished at Florida International University in Miami. There have been many people who were instrumental in the formation and completion of this research. The contributions made by Jack Ochs are far too numerous to mention. Jack's insights and suggestions will always be appreciated. I am also grateful to Melvin Greenhut, David Houston, Tatsuhiko Kawashima, Asatoshi Maeshiro, William Miernyk, Josephine Olson, Peter Nijkamp and Harry Richardson who read and critically re viewed earlier manuscripts. I am doubly indebted to Harry Richardson who initially suggested this investigation. Special thanks are in order for Gene Gruver, Peter Montiel, Randy Miller and James Wheller for always finding the time to hear out many of my arguments. In addition, I appreci ate the valuable suggestions they made as well. I am grateful, moreover, to Janice Carlino who most generously gave of herself to assist in this in any way she could. Janice not only helped with data preparation and with typing-entire drafts of earlier manuscripts, but, more importantly, showed an unusual degree oftolerance toward one for whom the research effort is not the most tranquil of experiences.
On economies of scale during the nineteenth century, much is assumed, but little is known. This study, first published in 1985, seeks to close this gap in our knowledge by providing comprehensive empirical evidence on the status of economies of scale in mid-nineteenth century manufacturing industry. This evidence is in the form of production function estimates made using data from the manuscripts of the federal censuses of manufacturing for 1850, 1860 and 1870.
Unscaled identifies the forces that are reshaping the global economy and turning one of the fundamental laws of business and society -- the economies of scale -- on its head. An innovative trend combining technology with economics is unraveling behemoth industries -- including corporations, banks, farms, media conglomerates, energy systems, governments, and schools-that have long dominated business and society. Size and scale have become a liability. A new generation of upstarts is using artificial intelligence to automate tasks that once required expensive investment, and "renting" technology platforms to build businesses for hyper-focused markets, enabling them to grow big without the bloat of giant organizations. In Unscaled, venture capitalist Hemant Taneja explains how the unscaled phenomenon allowed Warby Parker to cheaply and easily start a small company, build a better product, and become a global competitor in no time, upending entrenched eyewear giant Luxottica. It similarly enabled Stripe to take on established payment processors throughout the world, and Livongo to help diabetics control their disease while simultaneously cutting the cost of treatment. The unscaled economy is remaking massive, deeply rooted industries and opening up fantastic possibilities for entrepreneurs, imaginative companies, and resourceful individuals. It can be the model for solving some of the world's greatest problems, including climate change and soaring health-care costs, but will also unleash new challenges that today's leaders must address.
When firms and people are located near each other in cities and in industrial clusters, they benefit in various ways, including by reducing the costs of exchanging goods and ideas. One might assume that these benefits would become less important as transportation and communication costs fall. Paradoxically, however, cities have become increasingly important, and even within cities industrial clusters remain vital. Agglomeration Economics brings together a group of essays that examine the reasons why economic activity continues to cluster together despite the falling costs of moving goods and transmitting information. The studies cover a wide range of topics and approach the economics of agglomeration from different angles. Together they advance our understanding of agglomeration and its implications for a globalized world.
First published in 1976, this much acclaimed book looks at the story of how today's large corporations have superseded the small competing firms of the nineteenth century. The long-run analysis confirms that the crucial periods in the formulation of the modern corporate system were the 1920's and 1960's. The merger wave of these decades was associated with a desire to improve the efficiency of Britain’s industrial organization, and the author shows that it was in a large measure responsible for the trend improvement (by historical if not international standards) in Britain's growth performance. Students of business, economic history and industrial economics will all welcome the return to print of a notable contribution to the continuing debate on the evolution and control of the corporate manufacturing sector.
This book discusses national development planning in the context of a globalized world economy. National economic development planning, the process of defining strategic economic objectives for a country and designing policies and institutional frameworks to attain them, was popular in many countries in the 1960s and 1970s. Over time it lost its appeal. More recently, with globalization accelerating and economic competition increasing, it is making a comeback in different countries under different forms. National planning in this new era is different than the earlier quantitative planning approaches. It employs different tools, such as strategic visions and action plans, revived forms of physical infrastructure planning, industrial policy, and cluster policy. Built on the research of international scholars with firsthand knowledge of the countries in question, this volume presents and evaluates current national planning strategies and policy worldwide. It will be of interest to both academicians who study and teach globalization and development as well as policy makers who may use it as a reference as they contemplate their own strategies.
Car manufacturing epitomizes modern industry, yet the overall perspective has been lost in speculation and self-promotion. Based on six years of research, this book is the first in years to reassess the industry. The result is a paradigm that quantifies the fundamental economies of scale and firm organizational structure.