ILLUSTRATIONS

Figures

11.1

Maximisation of expected profit net of information cost

11.2

Optimising the collection of costly information

11.3

Basic model of intermediate product flow in a multinational enterprise

12.1

Joint venture strategy and structure

12.2

New venture opportunity for large diversified firms

12.3

Merger and joint venture options for diversified firms

12.4

Main nodes of the networked knowledge-based oligopoly in the biotech-based pharmaceutical industry

12.5

Collaboration

12.6

Alliance

12.7

Club or network

12.8

Small-firm involvement in collaboration

12.9

Club and extra-club linkages

13.1

Possible organisational forms for three small-firm types

14.1

Existing and potentially useful relationships between problem holders and solution holders

14.2

A model of the communication process

14.3

Performance of an established and an invading product: burst of improvement in established product

Tables

  2.1

Citations of Richardson’s work in widely used industrial economics texts

13.1

Size and business type

13.2

Performance and business type

13.3

Profitability equation (dependent variable: ProfRate)

13.4

Two iteration 3SLS estimates of growth and profitability equations

13.5

Three iteration estimates of growth and profitability equations