Free-market innovation machine, the: analyzing the growth miracle of capitalism
Auteur :
Baumol, William J.
Éditeur :
Princeton University Press
ISBN :
9780691116303
Date de publication :
11 avr. 2004
Dimensions :
23,5 x 15,2 cm
Poids :
510 g
Format :
Trade paperback (US)
Langue :
Anglais
Pays d'origine :
USA
Rejects the conventional view that capitalism benefits society through price competition - that is, products and services become less costly as firms vie for consumers. While giving price competition due credit, this book stresses that large firms use innovation as a prime competitive weapon.