Free to fail : creative destruction revisited
著者
書誌事項
Free to fail : creative destruction revisited
Edward Elgar, c2013
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注記
Includes bibliographical references and index
内容説明・目次
内容説明
This challenging book tackles one of the most fundamental questions in economics: Why are commercial organizations more efficient than organizations in the public domain?
It is generally accepted that the traditional answer (the fact that commercial organizations maximize profits) does not necessarily hold true. Finding a solution to this anomaly, as this book attempts to do, should therefore be a prime concern in economics. The authors believe the answer lies in the fact that even in a completely stable environment, all organizations will eventually fail irreparably. Organizations operating in the market are more efficient because, once in decline, they are 'free to fail' and allowed to be disassembled or even replaced. Public organizations that fail are more often than not protected and allowed to continue even though their efficiency is questionable.
This fascinating and thought-provoking book will provide a stimulating read for academics and students with an interest in economics, business and management and public policy.
Contents:
Preface
1. Introduction
2. Key Concepts
3. The Historic Debate
4. Profit Maximization is Only Part of the Answer
5. Organizational Mortality and its Fruits
6. Causes of Organizational Failure
7. Uncontrollability
8. Empirical Evidence
9. The Soft Constraint Syndrome
10. When Left to its Own Devices
11. Necrosis and Apoptosis
12. Why Public Organizations?
Appendix: The Dutch Affair or the Destructive Power of Organizational Warfare
References
Index
目次
Contents: Preface 1. Introduction 2. Key Concepts 3. The Historic Debate 4. Profit Maximization is Only Part of the Answer 5. Organizational Mortality and its Fruits 6. Causes of Organizational Failure 7. Uncontrollability 8. Empirical Evidence 9. The Soft Constraint Syndrome 10. When Left to its Own Devices 11. Necrosis and Apoptosis 12. Why Public Organizations? Appendix: The Dutch Affair or the Destructive Power of Organizational Warfare References Index
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