front cover of Agglomeration Economics
Agglomeration Economics
Edited by Edward L. Glaeser
University of Chicago Press, 2010
When firms and people are located near each other in cities and in industrial clusters, they benefit in various ways, including by reducing the costs of exchanging goods and ideas. One might assume that these benefits would become less important as transportation and communication costs fall. Paradoxically, however, cities have become increasingly important, and even within cities industrial clusters remain vital.

Agglomeration Economics brings together a group of essays that examine the reasons why economic activity continues to cluster together despite the falling costs of moving goods and transmitting information. The studies cover a wide range of topics and approach the economics of agglomeration from different angles. Together they advance our understanding of agglomeration and its implications for a globalized world.
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All Edge
Inside the New Workplace Networks
Clay Spinuzzi
University of Chicago Press, 2015
Work is changing. Speed and flexibility are more in demand than ever before thanks to an accelerating knowledge economy and sophisticated communication networks. These changes have forced a mass rethinking of the way we coordinate, collaborate, and communicate. Instead of projects coming to established teams, teams are increasingly converging around projects. These “all-edge adhocracies” are highly collaborative and mostly temporary, their edge coming from the ability to form links both inside and outside an organization. These nimble groups come together around a specific task, recruiting personnel, assigning roles, and establishing objectives. When the work is done they disband their members and take their skills to the next project.

Spinuzzi offers for the first time a comprehensive framework for understanding how these new groups function and thrive. His rigorous analysis tackles both the pros and cons of this evolving workflow and is based in case studies of real all-edge adhocracies at work. His provocative results will challenge our long-held assumptions about how we should be doing work.
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Benjamin Franklin's Printing Network
Disseminating Virtue in Early America
Ralph Frasca
University of Missouri Press, 2005
In Benjamin Franklin’s Printing Network, Ralph Frasca explores Franklin’s partnerships and business relationships with printers and their impact on the early American press. Besides analyzing the structure of the network, Frasca addresses two equally important questions: How did Franklin establish this informal group? What were his motivations for doing so?
This network grew to be the most prominent and geographically extensive of the early­ American printing organizations, lasting from the 1720s until the 1790s. Stretching from New England to the West Indies, it comprised more than two dozen members, including such memorable characters as the Job-like James Parker, the cunning Francis Childs, the malcontent Benjamin Mecom, the vengeful Benjamin Franklin Bache, the steadfast David Hall, and the deranged Anthony Armbruster.
Franklin’s network altered practices in both the European and the American colonial printing trades by providing capital and political influence to set up workers as partners and associates. As an economic entity and source of mutual support, the network was integral to the success of many eighteenth-century printers, as well as to the development of American journalism.
Frasca argues that one of Franklin’s principal motivations in establishing the network was his altruistic desire to assist Americans in their efforts to be virtuous. Using a variety of sources, Frasca shows that Franklin viewed virtue as a path to personal happiness and social utility. Franklin intended for his network of printers to teach virtue and encourage its adoption. The network would disseminate his moral truths to a mass audience, and this would in turn further his own political, economic, and moral ambitions.
By exploring Franklin’s printing network and addressing these questions, this work fills a substantial void in the historical treatment of Franklin’s life. Amateur historians and professional scholars alike will welcome Frasca’s clear and capable treatment of this subject.
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front cover of The Company We Keep
The Company We Keep
Occupational Community in the High-Tech Network Society
Daniel Marschall
Temple University Press, 2014

At the birth of the Internet Age, computer technologists in small, aggressive software development companies became part of a unique networked occupational community. They were creative, team-oriented, and enthusiastic workers who built "boundaryless careers," hopping from one employer to another.

In his absorbing ethnography The Company We Keep, sociologist Daniel Marschall immerses himself in IntenSivity, one such technological workplace. Chronicling the employees' experiences, Marschall examines how these workers characterize their occupational culture, share values and work practices, and help one another within their community. He sheds light on the nature of this industry marked by highly skilled jobs and rapid technological change.

The experiences at IntenSivity are now mirrored by employees at Facebook and thousands of other cutting-edge, high-tech start-up firms. The Company We Keep helps us understand the emergence of virtual work communities and the character of the contemporary labor market at the level of a small enterprise.

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Hong Kong Takes Flight
Commercial Aviation and the Making of a Global Hub, 1930s–1998
John D. Wong
Harvard University Press, 2022
Commercial aviation took shape in Hong Kong as the city developed into a powerful economy. Rather than accepting air travel as an inevitability in the era of global mobility, John Wong argues that Hong Kong’s development into a regional and global airline hub was not preordained. By underscoring the shifting process through which this hub emerged, Hong Kong Takes Flight aims to describe globalization and global networks in the making. Viewing the globalization of the city through the prism of its airline industry, Wong examines how policymakers and businesses asserted themselves against international partners and competitors in a bid to accrue socioeconomic benefits, negotiated their interests in Hong Kong’s economic success, and articulated their expressions of modernity.
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front cover of How to Build Successful Business Relationships
How to Build Successful Business Relationships
Frances Kay
The Institution of Engineering and Technology, 2009
People mean business and most professionals know how important it is to get on well with others.
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front cover of Markets of Dispossession
Markets of Dispossession
NGOs, Economic Development, and the State in Cairo
Julia Elyachar
Duke University Press, 2005
What happens when the market tries to help the poor? In many parts of the world today, neoliberal development programs are offering ordinary people the tools of free enterprise as the means to well-being and empowerment. Schemes to transform the poor into small-scale entrepreneurs promise them the benefits of the market and access to the rewards of globalization. Markets of Dispossession is a theoretically sophisticated and sobering account of the consequences of these initiatives.

Julia Elyachar studied the efforts of bankers, social scientists, ngo members, development workers, and state officials to turn the craftsmen and unemployed youth of Cairo into the vanguard of a new market society based on microenterprise. She considers these efforts in relation to the alternative notions of economic success held by craftsmen in Cairo, in which short-term financial profit is not always highly valued. Through her careful ethnography of workshop life, Elyachar explains how the traditional market practices of craftsmen are among the most vibrant modes of market life in Egypt. Long condemned as backward, these existing market practices have been seized on by social scientists and development institutions as the raw materials for experiments in “free market” expansion. Elyachar argues that the new economic value accorded to the cultural resources and social networks of the poor has fueled a broader process leading to their economic, social, and cultural dispossession.

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front cover of The Missing Links
The Missing Links
Formation and Decay of Economic Networks
James E. Rauch
Russell Sage Foundation, 2007
Half of all workers are hired through personal referrals, and networks of social connections channel the flows of capital, technology, and international trade. Sociologists and economists alike recognize that economic exchange is shaped by social networks, which propagate information and facilitate trust, but each discipline brings a distinct theoretical perspective to the study of networks. Sociologists have focused on how networks shape individual behavior, economists on how individual choices shape networks. The Missing Links is a bold effort by an interdisciplinary group of scholars to synthesize sociological and economic theories of how economic networks emerge and evolve. Interweaving sophisticated theoretical models and concrete case studies, The Missing Links is both an introduction to the study of economic networks and a catalyst for further research. Economists Rachel Kranton and Deborah Minehart illustrate their field's approach to modeling network formation, showing how manufacturers form networks of suppliers in ways that maximize profits. Exemplifying the sociological approach, Ronald Burt analyzes patterns of cooperation and peer evaluations among colleagues at a financial organization. He finds that dense connections of shared acquaintances lead to more stable reputations.  In the latter half of the book, contributors combine the insights of sociology and economics to explore a series of case studies. Ray Reagans, Ezra Zuckerman, and Bill McEvily investigate an R & D firm in which employees participate in overlapping collaborative teams, allowing the authors to disentangle the effects of network structure and individual human capital on team performance. Kaivan Munshi and Mark Rosenzweig examine how economic development and rising inequality in India are reshaping caste-based networks of mutual insurance and job referrals. Their study shows that people's economic decisions today are shaped both by the legacy of the caste hierarchies and by the particular incentives and constraints that each individual faces in an evolving labor market. Economic globalization is forging new connections between people in distant corners of the world, while unsettling long-standing social relations. Anyone interested in understanding the opportunities and challenges of this era of rapid change will find a highly informative guide in The Missing Links.
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front cover of Multinational Corporations and Local Firms in Emerging Economies
Multinational Corporations and Local Firms in Emerging Economies
Edited by Eric Rugraff and Michael W. Hansen
Amsterdam University Press, 2011

In order for foreign direct investment to have deep and lasting positive effects on host countries, it is essential that multinational corporations have close direct and indirect interaction with local firms. A valuable addition to the emerging literature on multinational-local firm interfaces, this book provides a number of case studies from emerging economies that examine such mutually beneficial business relationships and the policy measures necessary to support them.

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front cover of Pull
Pull
Networking and Success since Benjamin Franklin
Pamela Walker Laird
Harvard University Press, 2006

Redefining the way we view business success, Pamela Laird demolishes the popular American self-made story as she exposes the social dynamics that navigate some people toward opportunity and steer others away. Who gets invited into the networks of business opportunity? What does an unacceptable candidate lack? The answer is social capital—all those social assets that attract respect, generate confidence, evoke affection, and invite loyalty.

In retelling success stories from Benjamin Franklin to Andrew Carnegie to Bill Gates, Laird goes beyond personality, upbringing, and social skills to reveal the critical common key—access to circles that control and distribute opportunity and information. She explains how civil rights activism and feminism in the 1960s and 1970s helped demonstrate that personnel practices violated principles of equal opportunity. She evaluates what social privilege actually contributes to business success, and analyzes the balance between individual characteristics—effort, innovation, talent—and social factors such as race, gender, class, and connections.

In contrasting how Americans have prospered—or not—with how we have talked about prospering, Laird offers rich insights into how business really operates and where its workings fit within American culture. From new perspectives on entrepreneurial achievement to the role of affirmative action and the operation of modern corporate personnel systems, Pull shows that business is a profoundly social process, and that no one can succeed alone.

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front cover of Rotary International and the Selling of American Capitalism
Rotary International and the Selling of American Capitalism
Brendan Goff
Harvard University Press, 2021

A new history of Rotary International shows how the organization reinforced capitalist values and cultural practices at home and tried to remake the world in the idealized image of Main Street America.

Rotary International was born in Chicago in 1905. By the time World War II was over, the organization had made good on its promise to “girdle the globe.” Rotary International and the Selling of American Capitalism explores the meteoric rise of a local service club that brought missionary zeal to the spread of American-style economics and civic ideals.

Brendan Goff traces Rotary’s ideological roots to the business progressivism and cultural internationalism of the United States in the early twentieth century. The key idea was that community service was intrinsic to a capitalist way of life. The tone of “service above self” was often religious, but, as Rotary looked abroad, it embraced Woodrow Wilson’s secular message of collective security and international cooperation: civic internationalism was the businessman’s version of the Christian imperial civilizing mission, performed outside the state apparatus. The target of this mission was both domestic and global. The Rotarian, the organization’s publication, encouraged Americans to see the world as friendly to Main Street values, and Rotary worked with US corporations to export those values. Case studies of Rotary activities in Tokyo and Havana show the group paving the way for encroachments of US power—economic, political, and cultural—during the interwar years.

Rotary’s evangelism on behalf of market-friendly philanthropy and volunteerism reflected a genuine belief in peacemaking through the world’s “parliament of businessmen.” But, as Goff makes clear, Rotary also reinforced American power and interests, demonstrating the tension at the core of US-led internationalism.

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front cover of Smart Governance
Smart Governance
Governing the Global Knowledge Society
Helmut Willke
Campus Verlag, 2007

In the wake of globalization, national governments are becoming increasingly interdependent, and knowledge is arguably becoming the most valuable form of capital. Helmut Willke’s Smart Governance offers a new perspective on global governance from the vantage point of a global knowledge society.

Employing a case study of the global financial system and an analysis of several governance regimes, Willke contends that markets, legal systems, and morality must evolve to cope with uncertainty, build capacities, and achieve resilience. Smart Governance will change the way economists, historians, and political scientists view international cooperation.

 

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