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The Free-Market Innovation Machine: Analyzing the Growth Miracle of Capitalism
William J. Baumol
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The Free-Market Innovation Machine: Analyzing the Growth Miracle of Capitalism
William J. Baumol
Rejects the conventional view that capitalism benefits society through price competition - that is, products and services become less costly as firms vie for consumers. While giving price competition due credit, this book stresses that large firms use innovation as a prime competitive weapon.
336 pages, 19 line illus.
| Media | Books Paperback Book (Book with soft cover and glued back) |
| Released | April 11, 2004 |
| ISBN13 | 9780691116303 |
| Publishers | Princeton University Press |
| Pages | 336 |
| Dimensions | 156 × 234 × 20 mm · 490 g |
| Language | English |
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