One Political Economy, One Competitive Strategy?

One Political Economy, One Competitive Strategy? by Andrea M. Herrmann
$272.99
 
 
ISBN
9780199543434
Date Released
Binding
Hardcover
Pages
202
Dimensions
159 x 235 x 20mm

Out Of Print

Other Titles by Andrea M. Herrmann

Description
Information
"One Political Economy, One Competitive Strategy? begins with an assessment of how many pharmaceutical firms in Germany, Italy, and the UK pursue strategies facilitated by national institutions governing the financial markets, antitrust activities, and the labour market. Quantitative analyses reveal that deviant firms, competing through institutionally unsupported strategies, outnumber conforming firms by far. Not only does this finding run counter to the expectations of the competitiveness literature, it brings up a whole new line of inquiry. How can firms compete through strategies that are not supported by national institutions? The book addresses this question and illustrates that firms do not necessarily exploit comparative institutional advantages,but that they can also circumvent institutional constraints. International markets and individual collaboration on a contractual basis allow firms to compete despite comparative institutional disadvantages. These findings suggest that trade liberalization does not lead to strategy specialization but to strategy diversification, depending on the inventiveness of entrepreneurs to develop individual approaches to compete."--BOOK JACKET.
ISBN:
9780199543434
Publication Date:
28 / 02 / 2009
Pages:
202
Dimensions:
159 x 235 x 20mm

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