Further Economy Stability

An active industrial process which involved many human resource are not belong to government or big company only, there are other active players that contribute the dynamic parts of industrial process. Those are organizations such as universities, venture capital, consulting engineering firms, consumer advocacy groups, NGOs, service operators, and so forth. In fact, the list [...]

Doing and interpreting empirical research in order to develop research designs, which can provide a way to discuss the issues mentioned earlier, such as radical versus incremental. Having chosen a firm or industry, the researcher wants to know in which dimensions the firm ‘exit’ or had access to ‘new’ or ‘old’ activities, knowledge, and resources [...]

MLP or Multilevel Perspective consists of three types, which are reproduction, transformation, and transition. MLP was originally developed to understand transitions and regime shifts. The basic ontology behind the MLP stems from the sociology of technology, where three interrelated dimensions are important: (a) socio-technical systems, the tangible elements needed to fulfil societal functions; (b) social [...]

Technological change does not feature prominently in most analysis of the boundaries of the firm. This argument may seem puzzling in that, in neoclassical economics, the boundaries of the firm are technologically determined by the relevant production function, but the approach taken both by the neo-classicists and later writers generally ignores the effects of subsequent [...]

Transformation is a vital process at the level of the economy as a whole, but it is often accomplished through flexibility and stability at the level of individual firms. In fact, the words flexibility and stability neatly characterize the technological evolution of the 90 per cent or more of modern economies that operate in established [...]