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Organizational Innovations and Economic Growth
Organosis and Growth of Firms, Sectors and Countries
Organizational innovations have, until now, taken second place to technical innovations (for example, machinery) in explaining sectoral and economic growth. This book redresses this imbalance by showing the long-run importance of organizational innovations, such as the just-in-time system and quality control management, in economic growth and development.
Analysing the USA and Japan from the late 19th century to the present day, the book provides an accessible synthesis of economics, management and econometrics to calculate the impact of various organizational innovations on economic growth. The author concludes that organizational innovations make essential contributions to sustained economic growth and that this should be reflected in economic policy both at the firm and the national level.
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What Reviewers Are Saying
`This is a very interesting, comparative study, which provides evidence that there are strict causal connections between organizational innovations, enterprise development and economic growth. . . The book fills in a gap in the economic theory, where the influence of innovations as based primarily on the technical perspective is reduced.' -- Organisations Entwicklung `With this book, Elias Sanidas makes a timely and useful contribution to our understanding of the relationship between organizational innovation and economic growth. There has been widespread recognition of the importance of organizational innovations among scholars of economic history and growth economics, among others. However, there have been only partial efforts made to investigate systematically how, and to what extent, organizational innovations have actually contributed to growth. Here, Elias Sanidas provides a much stronger evidential basis for arguments concerning the contributions of organizational innovations to economic growth than has been generally available in the economic research literature. In addition, he elaborates an original and provocative theoretical perspective.' -- Leif Hommen, Lund University, Sweden