One Political Economy, One Competitive Strategy? by Andrea M. Herrmann
Look inside with Google Book Preview
One Political Economy, One Competitive Strategy?
By Andrea M. Herrmann

One Political Economy, One Competitive Strategy?

Comparing Pharmaceutical Firms in Germany, Italy, and the UK

By (author) See other recent books by Andrea M. Herrmann
Format: Hardback

Normal Price: $130.95
Your Price: $117.85 AUD, inc. GST
Shipping: $7.95 per order
You Save: $13.09! (10% off normal price)
Plus...earn $5.89 in Boomerang Bucks
Availability: Available Available to Backorder, No Due Date for Supply

One Political Economy, One Competitive Strategy? by Andrea M. Herrmann

Book Description

This book examines how firms adapt to the pressures of increasing international competition by testing the arguments on 'strategy specialization' proposed in the competitiveness literature in general, and by contributors to the 'varieties of capitalism' debate in particular. If different economies are characterized by distinct institutional arrangements, successful firms would be those that exploit the related comparative advantages and specialize in the competitive strategies facilitated by national institutions. 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.

Buy One Political Economy, One Competitive Strategy? book by Andrea M. Herrmann from Australia's Online Bookstore, Boomerang Books.

Book Details

ISBN: 9780199543434
ISBN-10: 0199543437
Format: Hardback
(242mm x 162mm x 18mm)
Pages: 222
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 18-Dec-2008
Country of Publication: United Kingdom


» Have you read this book? We'd like to know what you think about it - write a review about One Political Economy, One Competitive Strategy? book by Andrea M. Herrmann and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)

Write a book review

Author Biography - Andrea M. Herrmann

Andrea Monika Herrmann received her PhD in Political Economy from the Department of Political and Social Sciences at the European University Institute (Florence) in November 2006. She also holds an MSc in European Studies: EU Policy Making from the London School of Economics (2002), as well a German and a French BSc in European Business and Management Studies from the European School of Business (Reutlingen) and the Ecole Superieure de Commerce (Reims). During her MSc and PhD studies, she was awarded various scholarships and research grants sponsored by the Deutscher Akademischer Austauschdienst, DAAD (2001-2005). After completing her doctoral studies she became a postdoctoral research fellow at the Max Planck Institute for the Study of Societies, Cologne (2006-2008). Since 2008, she is an Assistant Professor in the Innovation Studies Group at the University of Utrecht.

Boomerang Bucks close

For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.

Recent books by Andrea M. Herrmann close
» close