Blackwell / Eilon The Global Challenge of Innovation

Global Challenge of Innovation
1. Auflage 2013
ISBN: 978-1-4831-6303-1
Verlag: Elsevier Reference Monographs
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 231 Seiten

The Global Challenge of Innovation discusses the importance of a global economy and its implications. The book is comprised of 11 chapters that tackle the various issues faced by both industries and governments in the globalization of economy.
The text first describes the process of innovation and its implication for companies that plan to compete in the global market. The next chapters cover the management issues of companies in the context of global economy. The book also discusses the role of government in global innovation and the European's policy for innovation. The remaining chapters tackle the effects of the non-globalization of competition policies, taxation, and trade policies on governments, multinational companies, and world economy.
The book will be of great use to economists, government officials, and C-level employees of multinational corporations.

Autoren/Hrsg.

Blackwell, Basil

Eilon, Samuel

Inhaltsverzeichnis

1;Front Cover;1
2;The Global Challenge of Innovation;4
3;Copyright Page;5
4;Table of Contents;6
5;Preface;8
6;Chapter 1. The management of creative disorder;12
6.1;Innovation's 'Big Bang';12
6.2;The linear model;14
6.3;A market model;17
6.4;Components of innovation;19
6.5;Relative costs;25
6.6;Cash;27
6.7;Why bother?;31
6.8;References;32
7;Chapter 2. Betting the company;34
7.1;The odds;34
7.2;Hedging - the product range factor;38
7.3;Credit and credibility - the financial market factor;39
7.4;The civil aircraft industry;41
7.5;The concept of critical mass;53
7.6;References;53
8;Chapter 3. The pursuit of critical mass;54
8.1;The scale of the problem;54
8.2;The scale of the answer
;58
8.3;The automobile industry;60
8.4;The automobile component industry;62
8.5;White goods - Electrolux and Whirlpool;63
8.6;Electrical power engineering - ABB and GEC-Alsthom;64
8.7;The pharmaceutical industry;66
8.8;Telecommunications;68
8.9;Final remarks;71
8.10;References;72
9;Chapter 4. Big is necessary;73
9.1;Schumacher's thesis;73
9.2;Failure of large systems;76
9.3;Effect on the environment;77
9.4;Distribution of company size;78
9.5;Advantages of scale and size;79
9.6;Theoretical considerations;81
9.7;The unit cost model;82
9.8;A linear cost function;87
9.9;Empirical evidence;88
9.10;Economies of scale;91
9.11;Dean's empirical studies;93
9.12;Effect of output on unit cost;96
9.13;Conclusion;98
9.14;References;100
10;Chapter 5. The corporate challenge;102
10.1;Twelve constant threats;102
10.2;The options;111
10.3;References;119
11;Chapter 6. Governments and innovation;120
11.1;Intervention;120
11.2;Investment in education;122
11.3;Public purchasing;124
11.4;Subsidized industrial research in the UK;127
11.5;The UK Government's Alvey programme;128
11.6;Subsidized industrial research in Japan;130
11.7;Offset programmes;131
11.8;Subsidized inward investment;133
11.9;Subsidized exports;134
11.10;State-financed companies;135
11.11;Airbus Industrie;137
11.12;Space programmes;139
11.13;Industrial policy;140
11.14;References;141
12;Chapter 7. The European Community policy for innovation;142
12.1;The European challenge;142
12.2;Information technology and telecommunications;143
12.3;The EC initiatives;144
12.4;Expenditure on R&TD;145
12.5;The 'framework programme';149
12.6;Intention and opportunity;152
12.7;Scope for intervention;153
12.8;Conclusion;155
12.9;References;155
13;Chapter 8. The multinational scene;156
13.1;The globalization of industry;156
13.2;The challenge to sovereignty;158
13.3;Competition policy, mergers and acquisitions;159
13.4;Taxation;162
13.5;Regulation of trade - the General Agreement on Tariffs and Trade (GATT );164
13.6;The globalization of sovereignty;166
13.7;References;167
14;Chapter 9. Multinational enterprises and sovereign states;169
14.1;Definitions;169
14.2;Growth of MNEs;171
14.3;The case of the automobile industry;173
14.4;Two views on MNEs;177
14.5;The mismatch between distribution of resources and markets;178
14.6;The move of an MNE into a host country;180
14.7;The positive role of the MNE;182
14.8;Criticisms in the home country;184
14.9;Criticisms in the host country;185
14.10;International conflicts;187
14.11;References;188
15;Chapter 10. Managing the international trade game;189
15.1;Five types of players;189
15.2;Bilateral and multirelationships;192
15.3;Goals of the five players;194
15.4;The national interest and the MNE response;196
15.5;The effect of trade unions;200
15.6;International corporate networks;201
15.7;Political issues;201
15.8;Transfer pricing;203
15.9;The role of joint ventures;205
15.10;Code of conduct;206
15.11;References;208
16;Chapter 11. Concluding remarks;209
16.1;The race;209
16.2;Innovation and 'critical mass';210
16.3;'Betting the company';212
16.4;The rise of the MNEs;212
16.5;The question of government support;214
16.6;A realistic policy;216
16.7;Support for university research;216
16.8;MNEs and sovereign states;217
16.9;A code of conduct;219
16.10;The global issues;221
16.11;References;223
17;Index;224