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The Free-Market Innovation Machine

- Analyzing the Growth Miracle of Capitalism

About The Free-Market Innovation Machine

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.

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  • Language:
  • English
  • ISBN:
  • 9780691116303
  • Binding:
  • Paperback
  • Pages:
  • 336
  • Published:
  • April 10, 2004
  • Dimensions:
  • 156x234x20 mm.
  • Weight:
  • 490 g.
Delivery: 2-4 weeks
Expected delivery: December 7, 2024

Description of The Free-Market Innovation Machine

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.

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