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Learning by Doing in Markets, Firms, and Countries

Learning by Doing in Markets, Firms, and Countries - 99 edition

ISBN13: 978-0226468327

Cover of Learning by Doing in Markets, Firms, and Countries 99 (ISBN 978-0226468327)
ISBN13: 978-0226468327
ISBN10: 0226468321
Cover type:
Edition/Copyright: 99
Publisher: University of Chicago Press
Published: 1999
International: No

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Learning by Doing in Markets, Firms, and Countries - 99 edition

ISBN13: 978-0226468327

Naomi R. Ed. Lamoreaux, Peter Ed. Temin and Daniel M. Ed. Raff

ISBN13: 978-0226468327
ISBN10: 0226468321
Cover type:
Edition/Copyright: 99
Publisher: University of Chicago Press

Published: 1999
International: No
Summary

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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