Markets corporate behaviour and the state International aspects of industrial organization

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A.P. Jacquemin, ?H.W. Jong - Markets, corporate behaviour and the state: International aspects of industrial organization
Published: 1976-07-31 | ISBN: 146134378X, 9024718457 | PDF | 353 pages | 24 MB

This book originated at a meeting of American and European specialists in industrial organization, at the Instituut voor Bedrijfskunde, Nijenrode (The Netherlands) in August, 1974. The conference endeavored to bring together researchers in a field where, paradoxically, the underlying phenomena studied are increasingly coordinated and internationalized, yet the observers remain predominantly isolated. Only rarely do they resort to comparisons between countries, and still less frequently to an analysis from a transnational outlook. As the contributions to this collection demonstrate, it has become clearer and clearer that - whether or not as a result of a random process, or of technological conditions, or of deliberate enterprise strategy - the determinants of market structures and their changes as time passes, have created fundamentally similar effects in different countries, resulting in industrial structures of the same kind. Thus, the largest firms and plants are found in the same sectors, and the most concentrated industries are more or less the same from one country to the other. The studies of Prais, Reid, Jacquemin & Phlips and Linda likewise show that a broad trend toward concentration has been manifest. Following the United States, Europe has witnessed a general increase in enterprise concentration, both by industry and overall. The relative position of the large firms in the principal manufacturing sectors has been strengthened or extended. Since the importance of giant firms at both the national and the European levels has increased, this trend appears to be the result largely of a conscious policy, specifically in the form of mergers. In Holland, West Germany and Great Britain, the development has gathered strength in recent years and is a characteristic ofthe very large firms. The studies of de Jong, George and Silberston focus on this question.

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Tags: Aspects, Industrial, Organization, International
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