Understanding Business Systems in Developing Countries

Understanding Business Systems in Developing Countries

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The contributors to this volume challenge the assumptions of classical business economics about the universal nature of the firm. They show how the embeddedness of firms in the larger societal context of nations impacts on their ability to adjust to the current forms of international competition. The key theoretical approach highlighted in this book is the concept of a qbusiness systemq as defined by Richard Whitley and his associates. This book begins with an elaboration of this approach in a paper by Richard Whitley. The remaining papers critically assess this approach, both theoretically and empirically.For colour TVs, VCRs, microwave ovens, refrigerators and washing machines, the Big Threea#39;s domestic market share came close to 100 per cent. ... In 1992 for instance, the total semiconductor and electronics sale of one company alone, Samsung Electronics, accounted for 20 ... to exist according to textbook wisdom; a tight national oligopoly controls both domestic production and the domestic market.

Title:Understanding Business Systems in Developing Countries
Author: Gurli Jakobsen, Jens Erik Torp
Publisher:SAGE - 2001

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