Learning by Doing in Markets, Firms, and Countries

Learning by Doing in Markets, Firms, and Countries

by Naomi R. Lamoreaux
     
 

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Learning by Doing in Markets, Firms, and Countries draws out the underlying economics in business history by focusing on learning processes and the development of competitively valuable asymmetries. The essays show that organizations, like people, learn that this process can be organized more or less effectively, which can have major implications for how…  See more details below

Overview

Learning by Doing in Markets, Firms, and Countries draws out the underlying economics in business history by focusing on learning processes and the development of competitively valuable asymmetries. The essays show that organizations, like people, learn that this process can be organized more or less effectively, which can have major implications for how competition works.

The first three essays in this volume explore techniques firms have used to both manage information to create valuable asymmetries and to otherwise suppress unwelcome competition. The next three focus on the ways in which firms have built special capabilities over time, capabilities that have been both sources of competitive advantage and resistance to new opportunities. The last two extend the notion of learning from the level of firms to that of nations. The collection as a whole builds on the previous two volumes to make the connection between information structure and product market outcomes in business history.


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Product Details

ISBN-13:
9780226468433
Publisher:
University of Chicago Press
Publication date:
11/01/2007
Series:
National Bureau of Economic Research Conference Report
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
356
File size:
3 MB

Meet the Author

Naomi R. Lamoreaux is professor of economics and history at Yale University, a fellow of the American Academy of Arts and Sciences, and a research associate of the NBER.

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