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Full-Text Articles in Social and Behavioral Sciences
The Institutional Legacy And The Development Of An Australian National Innovation System, Simon Ville
The Institutional Legacy And The Development Of An Australian National Innovation System, Simon Ville
Simon Ville
Institutions are the rules of the game that help to shape the long-term historical development of societies. They mediate human interaction and can be more or less formal (or tangible) in nature ranging from systems of government to common modes of behaviour. Most formal institutions can be distinguished as economic, social, political or cultural in nature although such distinctions are more difficult to make for informal institutions. What is certain is the pervasive impact of all types of institutions on a country’s multifaceted development. Thus, economic performance may be shaped as much by a nation’s legal system as by its …
Paths Of Corporate Development: Directions And Methods Of Growth, Simon Ville
Paths Of Corporate Development: Directions And Methods Of Growth, Simon Ville
Simon Ville
In Scale and Scope Chandler explained the typical directions of growth followed by large scale American corporations who sustained their industry leadership. I This involved phases of horizontal and vertical integration to capture economies of scale and throughput, followed by product diversification in response to new scientific research, and internationalization to exploit their competitive advantages in foreign markets. This has not been a universal experience of all countries; successful British firms, for example, have been less vertically integrated and Japanese firms were for long reluctant to expand overseas. Typical methods of growth - internal expansion, mergers, and interfirm ventures - …