The Theory of Growth in a Corporate Economy - Management, Preference, Research and Development, and Economic Growth - Hiroyuki Odagiri - Paperback Bog
Brand: Cambridge University Press
Description
This book investigates the growth of an economy with management-controlled corporations. It begins by studying the behaviour of a corporation whose management maximizes the rate of growth constrained by the threat of takeover, and in which research and development efforts are made to raise labour productivity.