Description
The economic environment in which we live is growing increasingly competitive - almost daily we witness the transformation or collapse of long-standing industrial and financial structures. How can these events be explained? This book aims to provide a critique of the treatment of competition in existing economic theory and as an alternative offers an historical and institutional approach. The contemporary transformation of the industrial and financial environment is seen to emerge from deeply rooted historical forces. The book is intended for use by those in commerce, industry and government interested in the competitive process, as well as to those in the fields of industrial economics and business finance.