Dynamics of Industry Growth |
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| Author:
| Sengupta, Jati |
| ISBN: | 978-1-4899-8622-1 |
| Publication Date: | May 2014 |
| Publisher: | Springer New York
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| Imprint: | Springer |
| Book Format: | Paperback |
| List Price: | USD $109.99 |
Book Description:
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Evolving industries are deemed essential for economic growth, but can also collapse when ill-judged decisions are made on the basis of incomplete information. This extension of the Schumpeterian approach introduces a stochastic model of industry life cycles.
Evolving industries are deemed essential for economic growth, but can also collapse when ill-judged decisions are made on the basis of incomplete information. This extension of the Schumpeterian approach introduces a stochastic model of industry life cycles.