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Chapter 11 : Creation and Co-evolution of Strategic Options by Firms: An Entrepreneurial and Managerial Approach of Flexibility and Resource Allocation

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  • Thierry Burger-Helmchen

    (BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique)

Abstract

In the 1970s, the large size of enterprises was one of the symbols of the mass production system's rigidity. The second symbol was state interventionism--blamed for the economic difficulties of the period: growing unemployment and upsurge of inflation. Globalisation is characterised by the predominance of deregulated finance ("big finance") over economic activities. Between free enterprise capitalism and monopoly capitalism stands finance-based capitalism. The financial sphere is mobilised to promote variety and reinforce selection. This book presents in its first part the financial determinants of innovation processes considered in a macro-economic perspective, which are limited by short-term constraints and studies in its second part the linkages existing between the necessity to innovate in order to survive and the constant attention given to financial results.

Suggested Citation

  • Thierry Burger-Helmchen, 2008. "Chapter 11 : Creation and Co-evolution of Strategic Options by Firms: An Entrepreneurial and Managerial Approach of Flexibility and Resource Allocation," Post-Print hal-02189039, HAL.
    • Handle: RePEc:hal:journl:hal-02189039
    as

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    Keywords

    Entrepreneurial; Firm; Firms;
    All these keywords.

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