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" In this respect perfect competition is not only impossible but inferior, and has no title to being set up as a model of ideal efficiency. "
Pioneers of Industrial Organization: How the Economics of Competition and ... - Página 212
editado por - 2007 - 352 páginas
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The Growth of the Firm: The Legacy of Edith Penrose

Edith Tilton Penrose, Christos Pitelis - 2002 - 330 páginas
...the market-prices' (Marx, 1961, p. 356). Anarchy in the social division of labour competition: '. . . perfect competition is not only impossible but inferior,...title to being set up as a model of ideal efficiency' (Schumpeter, 1942, p. 106). His critique of perfect competition was thai it could 'spread the bacilli...
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Market Structure and Technological Change

William Lee Baldwin, John T. Scott - 2001 - 170 páginas
...individual case and from the individual point of time. In this respect, perfect competition is ... inferior, and has no title to being set up as a model of ideal efficiency, [p. 106). Schumpeter's argument is that "the kind of competition which counts" [p. 84] in a modern...
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Essays in Technology Management and Policy: Selected Papers of David J. Teece

David J. Teece - 2003 - 514 páginas
...control ... has come to be the most powerful engine of ... progress," and that "perfect competition looks inferior, and has no title to being set up as a model of ideal efficiency", economists have been ambivalent as to what role market structure and competition play in the innovation...
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Schumpeter's Market: Enterprise and Evolution

David A. Reisman - 2004 - 294 páginas
...Perfect competition, he maintains, is inferior to the large-firm alternative. The small price-taker 'has no title to being set up as a model of ideal efficiency': 'In the last resort, American agriculture, English coal mining, the English textile industry are costing...
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Strategy As Action: Competitive Dynamics and Competitive Advantage

Curtis M. Grimm, Hun Lee, Ken G. Smith - 2005 - 288 páginas
...not only in spite of, but to a considerable extent through, this strategy which looks so restrictive. In this respect, perfect competition is not only impossible...and has no title to being set up as a model of ideal efficiency.32 That argument inspired a long line of empirical work to test the relationship between...
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Innovation Policy and the Economy, Volumen5

Adam B. Jaffe, Josh Lerner, Joshua Lerner, Scott Stern - 2005 - 165 páginas
...over fifty years ago by Joseph Schumpeter, who wrote that, for purposes of promoting economic welfare, "perfect competition is not only impossible but inferior, and has no title to being set up as the model of ideal efficiency."60 Schumpeter's argument that most technological innovation would come...
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Pricing on Purpose: Creating and Capturing Value

Ronald J. Baker - 2010 - 400 páginas
...the start. And this means that the bulk of what we call economic progress is incompatible with it — In this respect, perfect competition is not only impossible...title to being set up as a model of ideal efficiency (quoted in McCloskey, 1985: 389). Seminal management thinker Peter Drucker also contributes to the...
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The Economics of Competition: The Race to Monopoly

George Djolov - 2006 - 322 páginas
...Schumpeter's (1949, p. 106) view of perfect competition, namely as a competitive yardstick measure that "has no title to being set up as a model of ideal efficiency." 5. It follows that clear economic advantages exist in having a free pricing system that allows manufacturers'...
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In Defense of Monopoly: How Market Power Fosters Creative Production

Richard B. McKenzie, Dwight R. Lee - 2008 - 297 páginas
...unit of control"] has come to be the most powerful engine of that progress and in particular long-term expansion of total output not only in spite of, but...title to being set up as a model of ideal efficiency. (1942, 106) 33. Schumpeter adds later, "Especially in manufacturing, a monopoly position is in general...
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The Oxford Handbook of Business History

Geoffrey Jones, Jonathan Zeitlin - 2008 - 717 páginas
...expansion of total output not only in spite of, but to a considerable extent through, the strategy that looks so restrictive when viewed in the individual...title to being set up as a model of ideal efficiency. The Schumpeterian agenda is the construction of a theory of innovative enterprise that provides the...
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