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Strategizing Disequilibrium And Profit John A Mathews

  • SKU: BELL-51941974
Strategizing Disequilibrium And Profit John A Mathews
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Strategizing Disequilibrium And Profit John A Mathews instant download after payment.

Publisher: Stanford University Press
File Extension: PDF
File size: 34.43 MB
Pages: 280
Author: John A. Mathews
ISBN: 9781503625525, 1503625524
Language: English
Year: 2006

Product desciption

Strategizing Disequilibrium And Profit John A Mathews by John A. Mathews 9781503625525, 1503625524 instant download after payment.

This book starts from the proposition that frameworks used in business strategy lack realism because they are built on equilibrium-based foundations carried over from the domain of neoclassical economics. Mathews proposes instead a conceptual framework consistent with the turbulence found in real economies, and brings strategizing into conformity with such phenomena as innovation and technological change, network formation, capture of substitution effects in modular systems, and many other interesting features of modern economies that are passed over by mainstream equilibrium-based analysis. This new framework is based on the way firms assemble resources into a distinctive bundle, then build activities out of these resources to generate revenue, and link the resources to the activities through routines created and administered by management.

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