Paul A. Geroski - Böcker

Innovation - in products and processes - is an increasingly significant source of competitive advantage for firms and nations. Analysing extensive data on major innovations in the UK, this book examines the role of innovative activity in the structure of markets and the performance of firms. From this the author draws lessons on strategies for innovation for governments and firms alike. In particular, he addresses four questions which have long attracted the interst of economists:- does the structure of product markets affect the pace of innovative activity?- what are the effects of innovative activity on market structure?- how large a contribution does innovative activity make to productivity growth?- how does innovative activity affect corporate performance?In answering these important questions the author draws lessons for makers of public and business policy towards innovation.

The text examines how companies cope with the pressures which are unleashed by recessions. It is based on a large scale survey undertaken in the spring of 1993 which involved the participation of more than 600 leading UK companies. The questionnaire data was combined with a long enough time-series of data on the financial performance of most of the companies to enable us to trace effects left over from the recession in the early 1980s. The main issues examined in the book are: what makes companies vulnerable to recessionary pressures? How do companies typically respond to these pressures? How have recessionary pressures been transmitted back into labour markets and what kinds of institutional changes have they induced? Finally, do recessionary pressures stimulate innovative activity?

The text examines how companies cope with the pressures which are unleashed by recessions. It is based on a large scale survey undertaken in the spring of 1993 which involved the participation of more than 600 leading UK companies. The questionnaire data was combined with a long enough time-series of data on the financial performance of most of the companies to enable us to trace effects left over from the recession in the early 1980s. The main issues examined in the book are: what makes companies vulnerable to recessionary pressures? How do companies typically respond to these pressures? How have recessionary pressures been transmitted back into labour markets and what kinds of institutional changes have they induced? Finally, do recessionary pressures stimulate innovative activity?