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Ingredients and Recipes

In: The Emergent Firm

Author

Listed:
  • Neil M. Kay

Abstract

In this chapter we consider policy implications arising from our analysis. We shall deal with this aspect in four stages. Firstly, we shall consider the role of technological change in creating information problems. Secondly, we shall consider the implications of technological change for the operation of capital, labour and product markets by the firm. Thirdly, we shall briefly assess alternative institutional forms in terms of their ability to facilitate or inhibit the adjustment of these markets in conditions of rapid technological change. Finally, we shall discuss some implications for macroeconomic analysis and economic analysis in general. Our purpose will be to examine the implications of economic organisation for economic policy, particularly in small economies.

Suggested Citation

  • Neil M. Kay, 1984. "Ingredients and Recipes," Palgrave Macmillan Books, in: The Emergent Firm, chapter 10, pages 160-189, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-17517-8_10
    DOI: 10.1007/978-1-349-17517-8_10
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