Why should manufacturing firms in many national industries maintain multiple small scale plants when they might produce the same output at a lower unit cost in a single large establishment? What specific benefits are attained through the operation of multiple plants? To address these questions, the authors conducted 125 in-depth interviews with businessmen actively involved in plant size and multi-plant operating decisions. They investigated the experience of twelve industries in six countries (West Germany, France, the United Kingdom, Sweden, Canada, and the United States).
The...
Why should manufacturing firms in many national industries maintain multiple small scale plants when they might produce the same output at a lower ...
During the 1970s and 1980s, American manufacturing enterprises saw their technological dominance challenged by increasingly tough competition from abroad. This book investigates business responses to those challenges. On average, F. M. Scherer shows, 308 U.S. companies reacted to rising imports of high-technology products by cutting back research and development expenditures as a percentage of sales. The cutbacks were particularly large in industries protected by voluntary trade restraint agreements and other trade barriers.
Using statistical data and eleven in-depth case studies,...
During the 1970s and 1980s, American manufacturing enterprises saw their technological dominance challenged by increasingly tough competition from ...
Two hundred years ago, the first Industrial Revolution sparked a dramatic acceleration in the quantity of goods and services available to the average citizen--a trend of steadily increasing real income per capita that continues to this day. Since that time, economists have struggled to develop systematic explanations for what caused the sudden, rapid increase, why the economy keeps growing, and why the rate of growth varies in different time periods and nations. In this book, F. M. Scherer traces the evolution of economic growth theory from the Industrial Revolution to the present....
Two hundred years ago, the first Industrial Revolution sparked a dramatic acceleration in the quantity of goods and services available to the avera...
Both the Prophet Joseph Smith and his Book of Mormon have been characterized as ardently, indeed evangelically, antimasonic. Yet in this sweeping social, cultural, and religious history of nineteenth-century Mormonism and its milieu, Forsberg argues that masonry, like evangelical Christianity, was an essential component of Smith's vision.
Both the Prophet Joseph Smith and his Book of Mormon have been characterized as ardently, indeed evangelically, antimasonic. Yet in this sweeping soci...