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With the expansion of global competition through international trade agreements and heightened rivalry between firms in the domestic market, it is easy to understand why a firm would seek to compete by lowering the wages paid to labor. Yet, this strategy is troubled not only by the efforts of other firms pursuing cheaper labor costs, but also by the failure to adopt better ways of organizing work. New products are copied within a short time after introduction. What is difficult to imitate is the organizing of work--as applied to the factory floor, to the corporation, and to relations among...

Bruce Kogut's writing has sketched a theory of human motivation that sees managers as social, often altruistic, sometimes as selfish, who care about their colleagues and their status among them. For the first time this book collects together key pieces that show how this view works in application to practical managerial issues, such as technology transfer and licensing, joint ventures as options, and the diffusion of ideas and best practices in the world economy.
In an extensive introduction to these chapters, Kogut grounds this view in recent work in neurosciences and behavioural...

Bruce Kogut's writing has sketched a theory of human motivation that sees managers as social, often altruistic, sometimes as selfish, who care about their colleagues and their status among them. For the first time this book collects together key pieces that show how this view works in application to practical managerial issues, such as technology transfer and licensing, joint ventures as options, and the diffusion of ideas and best practices in the world economy.
In an extensive introduction to these chapters, Kogut grounds this view in recent work in neurosciences and behavioural...

The rapidly changing nature of the modern industrial world has helped spark a radical rethinking of the design of corporations, changes no less revolutionary than the wave of innovations associated with the names of Frederick Taylor and Henry Ford at the dawn of this century. In Redesigning the Firm, nineteen experts from one of the nation's premier business schools, the Wharton School at the University of Pennsylvania, take an informed look based on their own research at various aspects of this revolution, offering managers a host of insights and powerful tools for orchestrating change in...

Changes in both technology and global political economy have vastly accelerated the pace of globalization in the last 40 years, eroding barriers that limited firms' geographic scope, and unleashing a seemingly unlimited set of new threats, challenges, and opportunities to create value globally. Globalization presents managers with an environment to create value that is more complex, risky, and also more promising than ever before. Despite recent advances in our understanding of how locations impact the creation and appropriation of value by firms, the speed of these changes has often...