author: william lazonick

Predatory Value Extraction: How the Looting of the Business Corporation Became the US Norm and How Sustainable Prosperity Can Be Restored

... costs” and “variable costs.” Fixed costs are exogenously determined by existing technology and prevailing factor prices, and the entrepreneur does not choose the firm's level of fixed costs and the particular productive capabilities ...

Business Organization and the Myth of the Market Economy

William Lazonick. tion that requires control over market forces , and hence subvert the neo- classical " ideal ... neoclassical economics . 100 He then went on to illustrate his argument about X - efficiency gains by means of production ...

American Corporate Economy: Critical Perspectives on Business and Management

... top 100 . The number of food companies on the lists of the top 100 is relatively high , but as the percentage of the ... chemical firms . Two were fertilizer companies , one salt , and one linseed oil . These four had disap- peared by ...

Management Innovation: Essays in the Spirit of Alfred D. Chandler, Jr.

... costs are fixed because they are incurred even if the firm produces no output. As the firm expands its output, the average ... total unit costs, with the average cost curve mapping these total unit costs ... declining rate) as fixed costs are ...

American Corporate Economy: Critical Perspectives on Business and Management

... distinctive competencies within Intel . By the mid - 1980s , as Andy Grove put it , " Intel had moved from a silicon - based distinctive competence ( TD ) in memory products to a distinctive competence in implementing design archi ...

China as an Innovation Nation

... Bombardier, Canada 183 Breznitz, D. 23 British Telecom 228 BYD 8, 9, 152, 155, 162 Caixin website 226 Canadian Solar ... (CIC) 208 China Mobile 52–3, 225, 230, 251, 252, 262, 270–1, 278 and TD-SCDMA standard 226 China Netcom 224 China New ...

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