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Understanding globalization through the lens of network analysis1st edition / ISBN: 978-1-62273-065-0
The globalisation of industries in recent decades has led to a fundamental change in the way in which production is structured: products are no longer manufactured in their entirety in a single location. Integration of global trade has been accompanied by disintegration of production. This disintegration, or rather fragmentation, of production has resulted in a shift-change in patterns of international trade and investment, with a rise in trade of intermediate goods and a rise in FDI activity. In addition, multinational enterprises (MNEs) play a more focal role in this reorganisation of production, spreading out their manufacturing and supply chain activities globally, resulting in an increase in FDI and intra-firm trade. This international fragmentation of production challenges our ability to understand the international economy. Global value chains is one leading theoretical approach encompassing and trying to make sense of these changes, but scholars point to several limitations of it, most prominently the difficulty of aggregating from firm-level observations to national-level. A crucial aspect is that these changes in trade and FDI patterns have resulted in a more interconnected world economy. Understanding the interdependencies between entities involved in the fragmented production process is essential in order to understand the way production is organised today. Traditional methods and statistical approaches are insufficient to address this challenge. This edited book makes a case for the use of network analysis alongside existing techniques in answering burning questions in the areas of international business and economics, such as whether trade has become more global or regional, and to what extent emerging economies challenge the role of traditional producers in specific industries. The book looks at how the approach and methodologies of network analysis can contribute in explaining international business and economics phenomena, in particular related to international trade and investment. It will provide a comprehensive but accessible explanation of the applications of network analysis applications and some of the most recent methodological advances that can contribute to research in the area of international trade and investment. (provisional and subject to change)
The Economic Evolution of the Human Species and that of Our Cultures1st edition / ISBN: 9781622730278
Availability: In stock
Instead of dwelling on the biological, physiological, or even the genetic aspects of our evolution, “Titans of the Forests” takes a completely different approach, which could be referred to as the unchartered and neglected field of macroevolution. Uniquely captivating, controversial, and very readable, it is the author’s contention that we as a species were continuously forced to change our way of obtaining nourishment, or rather our various economies, in order to adapt to the ever-changing world. And as a result of this economic adaptation, our species would then and only then begin to slowly change into the modern humans of today. For much too long, the world’s scientific community has directed the discussion of our incredible evolution. As a matter of fact, our species’ biological, physiological, psychological, and cultural evolution has been instigated, propelled, and shaped by our economic adaptation to a fluctuating environment. In a very real sense, the scientists are so far into the trees that they have actually ignored the forest. Consequently, we teach human evolution as a hodgepodge of different theories within the realm of microevolution, thus failing to understand or even to recognize the economic thread that binds them altogether. By integrating the timeline of our prehistoric past with that of our earliest known economies (food gathering, scavenging, and nomadism), the author was able to synthesize a sequence of events that illustrates the economic basis of our remarkable ascension and the beginnings of our present day institutions. He not only reveals the genesis behind the cultural forces that exist within every human society, but for the first time, he has created a systematic and holistic approach in explaining the “how” and the “why” we have economically, physiologically, and then culturally evolved. For unlike the rest of the animal kingdom, we have possessed the extraordinary ability to change our economy, which has made us an extremely adaptable species.
A Systemic View on the Economic Geography of Technological Knowledge1st edition / ISBN: 978-1-622-73-006-3
Availability: In stock
This book is a collection of 5 essays on the economic geography of technological knowledge. Their common threads are: (i) the quest for a new paradigm in economic geography, termed ‘systemic’, as an alternative to the neoclassical, based on the epistemological premise of emergence and the theories of evolution and complexity; and (ii) the intent to explain the process of technological knowledge production as a systemic phenomenon occurring in relational space subject to emergence and co-evolutionary dynamics. In this theoretical framework, the author analyses various European knowledge networks, and examines their effects on the production of technological knowledge as sources of relational cognitive capital and economies of complexity. He then poses a number of questions on the direction and instrumentalities of the European research, technological development and innovation policies, and in particular on the issues of cohesion and dynamic efficiency of the European research system.