摘要:

The recession, which began in the early summer of 1990, shows little sign, nearly two years later, of coming to an end. The precipitous fall of mid‐1990 to mid‐1991 may be over but output is no more than ‘bumping along the bottom'and economic recovery in any meaningful sense remains elusive. For the Conservatives, in the run‐up to the General Election, this was more than inconvenient; for the Treasury which had confidently forecast a resumption of growth in the second half of last year, it raises the question of why the recovery is still not proceeding according to script; for the economist it poses the more general question of why recessions come to an end, and what are the pre‐conditions for economic recovery to t

ISSN:0955-6419    

DOI:10.1111/j.1467-8616.1992.tb00019.x

出版商:Blackwell Publishing Ltd    

年代:1992

数据来源: WILEY

摘要:

Which institution ‐ the Government, the large corporation, or the entrepreneur ‐ can best manage a small high tech firm? This article seeks to answer that question in considering the case of Inmos, a small high tech firm set up with Government funding, that went on to pioneer the field of paraiiel computing through its revolutionary product the Transputer. Despite this technological success, Inmos failed commercially before passing out of British control where it now enjoys a level of success. This article considers the reasons for Inmos's failure to capitalise on its pioneering role, focusing in particular on the effect of the ownership structure on the company's performa

ISSN:0955-6419    

DOI:10.1111/j.1467-8616.1992.tb00020.x

出版商:Blackwell Publishing Ltd    

年代:1992

数据来源: WILEY

摘要:

When we talk of innovation we tend to think of new products, but successful innovation of processes can also lead to a company gaining significant competitive advantage. A good example is to be found in the recent book, The Machine that Changed the World, by Womak et al (1990). The machine in question is process technology and the book's argument is that process innovations which they aggregate as ‘lean production’ are responsible for the level of performance of the Japanese car industry. On the other hand many expensive investments in the latest Flexible Manufacturing Systems have worked, but have sometimes been less flexible than the processes that they replaced! Why is it that one firm can adopt a new production process and gain real benefits, and another can adopt the same new process; invest heavily in equipment and installation, yet not be able to achieve any benefit? This important question has been addressed in a series of recent research programmes undertaken at London Business School. This article examines some of what we and others have learnt about the successful and unsuccessful use of new process technologies. In addition it will argue that management of innovation of processes must cover the whole life cycle of its innovation and adoption, and in particular should include implementat

ISSN:0955-6419    

DOI:10.1111/j.1467-8616.1992.tb00021.x

出版商:Blackwell Publishing Ltd    

年代:1992

数据来源: WILEY

摘要:

British industry has had a turbulent decade, and it is hard to assess how far it has come over the 1980's. The BBC's Money Programme wanted to enlighten public debate on the subject, and commissioned London Business School researchers to furnish them with as much data as possible. This article catalogues the data and summarises many arguments of interpretation around it.

ISSN:0955-6419    

DOI:10.1111/j.1467-8616.1992.tb00022.x

出版商:Blackwell Publishing Ltd    

年代:1992

数据来源: WILEY

摘要:

How relevant is strategy formulation to performance? The empirical study reported here matches samples of business service firms in Scotland and the South‐East of England and classifies them into Porter's generic strategy groups. Differences in performance are then tested using a variety of performance measures. The evidence provides support for the notion of a link between strategy and performanc

ISSN:0955-6419    

DOI:10.1111/j.1467-8616.1992.tb00023.x

出版商:Blackwell Publishing Ltd    

年代:1992

数据来源: WILEY

摘要:

Long‐term innovative success does not simply demand a technological expertise. Firms must be able to blend such expertise with business know‐how, and be able to appropriate the resu

ISSN:0955-6419    

DOI:10.1111/j.1467-8616.1992.tb00024.x

出版商:Blackwell Publishing Ltd    

年代:1992

数据来源: WILEY

ISSN:0955-6419    

DOI:10.1111/j.1467-8616.1992.tb00025.x

出版商:Blackwell Publishing Ltd    

年代:1992

数据来源: WILEY