Robert B. Ekelund Jr., Robert F. Hebert, and Robert D. Tollison. The Marketplace of Christianity

Was the Protestant Reformation "a successful penetration ofa religious market dominated by a monopoly firm" (Roman Catholicism),resulting in "product differentiation" and a multitude of innovativeconsumer choices (Protestant denominations)? Did Christianityevolve "to satisfy the changing demands of consumers/worshippers"(viii)? Anticipating that many might wince at such a worldly,even profane exposition, the authors endeavor throughout mostof the book (save for the problematic final chapter) to avoidvalue judgments about the faith via reasoned economics. Thisbook builds     

Mary Frank Fox, Deborah G. Johnson, and Sue V. Rosser, eds. Women, Gender, and Technology

This book adds a series of essays to the burgeoning theoreticaland empirical work on women, gender, and technology. Its intentionis to "encourage, facilitate and bring to an interdisciplinaryaudience such a range of theory, research and applications onwomen, gender and technology" (viii). In her introduction, DeborahG. Johnson maintains that a "co-creation" model frames the bookand that each chapter "explores how gender and technology workand are at work in     

The Internationalization Process of Online SMEs in the U.K., U.S. and Australia

ABSTRACT

Starting from a modified version of the Cavusgil and Zou (1994) Cavusgil, S.T. and Zou, S. 1994. Marketing strategy-performance relationship: An investigation of the empirical link in export market ventures. Journal of Marketing, 58(1): 1–21. [Crossref], [Web of Science ®] , [Google Scholar] theoretical framework, in which the level of internationalization of online Small and Medium Enterprises (SMEs) is considered as an aggregated indicator of the export marketing strategy and a measurement of export performance, this paper investigates the influence of a series of internal and external factors on the internationalization of online SMEs. It expands the empirical framework used by Luo et al. (2005) Luo, Y., Zhao, J.H. and Du, J. 2005. The internationalization speed of e-commerce companies: An empirical analysis. International Marketing Review, 22(6): 693–709. [Crossref], [Web of Science ®] , [Google Scholar] in an attempt to explain the internationalization of online SMEs by integrating both organizational and market factors, thus improving the explanatory power of internationalization models, and enhancing their applicability for professionals.     

Todd A. Knoop. Recessions and Depressions: Understanding Business Cycles. Westport, Conn.: Praeger, 2004. xv + 289 pp. ISBN 0-275-98162-2, $49.95.

This book covers "the empirics, the theory, and internationalcase studies of recessions and depressions" as a "contributionto the ongoing debate over the nature and causes of recessionsand depressions" (p. xiv). It does this with non-technical narrativesthat can be understood by upper-level undergraduates and thegeneral reader with some economics background: a welcome goalthat the author achieves. Chapters include useful data tablesand charts without being overwhelming and conclude with furtherreading suggestions.     

Evidence of creative destruction in the U.S. economy

Schumpeter discusses the importance of innovation and new firm entry in a capitalistic economy as a means to creatively destruct oligopolies and generate new economic wealth. He warns of R&D becoming the arena of professional engineers in large corporations; Schumpeter feared the obsolescence of entrepreneurship would result in an increasing concentration of wealth among large corporations and toward socialism.Using a longitudinal data base of U.S. corporations over the period 1961–1980, this paper statistically tests several aspects of Schumpeter's analysis. Overall our results give some support to Schumpeter's creative destruction hypothesis, though there exists some sensitivity to the measure of size used. We find most of the firms exiting the ranks of the largest 500 firms (as measured by assets) are those with ranks in the 401–500 range; there is also evidence of churning as the same firms enter and exit the top 500 over time. Additionally, we find that merger has gained prominence as the reason why firms exit the top 500. Among our conclusions is that further work is needed on the role of mergers in the growth-and decline-of entrepreneurial firms.     

Anne G. Hanley. Native Capital: Financial Institutions and Economic Development in Sao Paulo, Brazil, 1850-1920. Stanford, Calif.: Stanford University Press, 2005. xviii + 286 pp. ISBN 0-8047-5072-6, $55.00 (paper).

Anne Hanley presents a lucid and impressive narrative of theevolution of financial markets in São Paulo, Brazil.She traces the evolution of the banking sector and SãoPaulo stock exchange from the end of the Empire (Brazil wasan empire with a constitutional monarchy between 1822 and 1889)through the first three decades of the Republic (1889–1920)and the contemporaneous evolution of capital markets from theirearly "personalistic" stage to "maturity" in the early twentieth     

Business Ethics in the Curriculum: Assessing the Evidence from U.K. Subject Review

The growth of U.K. business ethics education has been charted at the course or micro level by Mahoney (1990) and Cummins (1999) using postal questionnaires. These surveys, normally restricted to elite providers, have not revealed the relative importance of business ethics in the business school curriculum. In the 2000–2001 subject review of business and management programmes conducted by the U.K. Quality Assurance Agency for higher education (QAA), 164 business and management programmes were required to summarise their aims and objectives. Examination of this data using QSR-N6 software shows that only 14 made explicit reference to ethics. Church Colleges of Higher Education were disproportionately represented, indicating the importance of institutional context to curriculum development. An analysis of espoused aims in relation to business ethics suggests that cognition in business ethics is largely conceived as part of a broad contextual comprehension of the business environment rather than an understanding of theoretical constructs. The expression of aims in business ethics is more frequently characterised by affective or attitudinal verbs/nouns with a close link to the promotion of value positions, such as multiculturalism and environmentalism. It is concluded that business ethics occupies a more marginal position within the curriculum than previous studies have suggested.     

Robert M. Collins. Transforming America: Politics and Culture during the Reagan Years

Robert Collins has written two superb books treating modernAmerican business history—The Business Response to Keynes(1981), and More: The Politics of Growth in Postwar America(2000). In this, his most recent and elegantly written book,he takes on the rather more slippery, amorphous cultural historyof the period. He even dives undaunted into that most murkyphenomenon, "postmodernism." There, he has some delightful thingsto say about "the therapeutic culture" and the "self-esteem"fad that it produced. In his treatment     

Profit Related Pay and the U.K. Small Firm Labour Market

This paper critically examines the relevance of profit related pay (PRP) for the U.K. small firm sector. Since 1986, the U.K. government has actively encouraged PRP, which attracts generous tax breaks, because it believed that PRP would make pay more flexible downwards and would significantly improve employee identification, morale and productivity. An analysis of the theoretical arguments and the assumptions made regarding the nature of the U.K. small firm sector that underlay these claims suggests, however, that the likelihood of achieving either of these alleged benefits is small. An appraisal of the available empirical evidence on the practical implementation and operation of PRP schemes suggests that the tax relief simply encourages firms to introduce cosmetic schemes that have no appreciable impact upon the behaviour of either firms or employees. Moreover, the experience of some firms that adopted PRP schemes indicates that, far from increasing morale and productivity, PRP often creates new tensions and conflict between owners and employees. These and other unintended consequences illustrate the inherent difficulties of government attempts to use the tax system to alter the behaviour of agents engaged in a wide variety of complex and very heterogeneous bargaining situations.     

Drama theory and its relation to game theory. Part 1: Dramatic resolution vs. Rational solution

Drama theory differs from game theory in that it does not regard actors' preferences and perceived opportunities as fixed, but as capable of being changed by the actors themselves under the pressure of pre-play negotiations. Thus characters in a drama undergo change and development. A manyperson, multiphase theory of dramatic transformation is presented, showing how thecore of a drama (in the sense of game theory) is transformed by the interaction between the characters into a strict, strong equilibrium to which they all aspire. The process of dramatic transformation is shown to be driven by actors' reactions to various paradoxes of rationality; it is proved that when all these paradoxes have been overcome, a full dramatic resolution has been reached, satisfying actors' emotional and moral demands, as well as the demands of rationality.     

Management development and business ethics: A view from the U.K.

This article is written in the context of current British interest in management training and development, in which an emphasis on competency is viewed critically, as technically oriented, with little attention paid to ethics and moral values. It is suggested that a concern for ethics in management development can be expressed in terms of four requisite management attributes or qualities: theoretical knowledge and understanding; affective qualities; personal and interpersonal skills; and self-knowledge. Following Kohlberg's work on moral development, the cultivation of these attributes is viewed as a life-span process involving three broadly defined forms of management development practice, each appropriate to different circumstances and stages in a learner's career. It is concluded that the conventional teaching of theory, learning from experience and counselling/mentoring, are equally important in the contribution which management development can make to the resolution of ethical dilemmas in business practice.Patrick Maclagan is a lecturer in organisational behaviour and managerial ethics at the School of Management, University of Hull, U.K., where he is also on the Steering Committee of the Social Values Research Centre, His current research concerns the relationship between management development and ethics in organisations.     

Peter Z. Grossman, ed. How Cartels Endure and How They Fail: Studies of Industrial Collusion. Cheltenham, U.K., and Northampton, Mass.: Edward Elgar, 2004. vi + 324 pp. ISBN 1-85898-830-6, $115.00.

Economics textbooks teach us that, in general, cartels are unstable,inefficient, bad for the public good, and (at least in the UnitedStates) illegal. The eleven chapters in this provocative bookdispel such generalities. Through cross-sectional surveys andcase studies, the authors explore various definitions of successand failure in understanding the rise and fall of cartels. Theavailable empirical findings "do not always conform to the textbook,or even the sophisticated game theoretic, models" (p. 2). In a succinct introduction Grossman asks,     

Terry L. Anderson and Peter J. Hill. The Not So Wild, Wild West: Property Rights on the Frontier. Stanford, Calif.: Stanford University Press, 2004. xii + 263 pp. ISBN 0-8047-4854-3, $24.95 (cloth).

Adopting the approach of the "new institutional economics,"Terry L. Anderson and Peter J. Hill argue that grassroots, cooperativelydeveloped property rules in the nineteenth-century AmericanWest led to the peaceful resolution of most conflicts. To thedegree that cooperation trumped conflict and violence, the authorsinsist, "the ‘wild, wild West’ was really the ‘notso wild, wild West’" (p. 5). Institutional entrepreneurs,they contend, emerged to establish property rights governingaccess to rangeland,     

Formation,growth and survival; Small firm dynamics in the U.S. Economy

Four out of five new firms fail within the first five years. This statement has been made so many times that most people believe it is true. But it isn't. In fact, using a relatively new data source developed by the U.S. Small Business Administration, we found that on the average, 39.8 percent of new firms survive six or more years. This is equivalent to a failure rate of three out of five, substantially lower than popularly believed.Survival rates vary by industry with manufacturing having the greatest (46.9 percent) and construction the smallest (35.3 percent). More important, however, is the discovery that survival rates more than double for firms that grow. Even a small amount of growth boosts the average survival rate to 66.3 percent; that is two out of three growing firms survive. The earlier in the life of the business that growth occurs, the higher the chance of survival.But, most firms do not grow in the first four years. On average, only ten percent of firms show growth in the first four years. By the sixth year, however, 34.3 percent of the firms show growth and over fifty percent show growth within eight years.To put the old adage to rest, two out of five new firms survive at least six years and over half of the survivors grow.     

Jan Luiten van Zanden and Arthur van Riel. The Strictures of Inheritance: The Dutch Economy in the Nineteenth Century. Princeton, N.J.: Princeton University Press, 2004. xv + 377 pp. ISBN 0-691-11438-2, $55.00 (cloth).

The economic history of the Netherlands during the nineteenthcentury demonstrates some remarkable features when comparedwith other countries such as the United Kingdom or Belgium.Dutch industrialization is "slow," "late," and even "different,"often attributed to a lack of natural resources (like coal andore) and/or entrepreneurial spirit. This protracted developmentgenerated some debate between Dutch historians, but no consensuswas reached until the publication in 1968 of J. A. de Jonge’sbook on Dutch industrialization between 1850 and     

Ethics and the gender equality dilemma for U.S. multinationals

U.S. multinational enterprises must now follow the policies of Title VII of the Civil Rights Act of 1964 in their overseas operations, at least with respect to U.S. expatriate employees. Doing so in a culture which discourages gender equality in the workplace raises difficult issues, both practically and ethically. Vigorously importing U.S. attitudes toward gender-equality into a social culture such as Japan or Saudi Arabia may seem ethnocentric, a version of ethical imperialism. Yet adapting to host country norms risks a kind of moral relativism. This article supports the view that MNEs which promote workplace equality in a host country such as Japan, which is actively involved in the international economic and political community, is not ethical imperialism in any pejorative sense and is preferable to a moral relativism or social contract approach.We hold these truths to be self-evident: that all men are created equal, and endowed by their creator with certain rights — life, liberty, and the pursuit of happiness.U.S. Declaration of Independence, 1776 All human beings are born free and equal in dignity and rights.United Nations Universal Declaration of Human Rights, 1948Don Mayer teaches Legal Environment of Business at Oakland University School of Business Administration. He received his L.L.M. in International and Comparative Law. Professor Mayer's work has appeared in the American Business Law Journal, the Midwest Law Review, and the Journal of the Academy of Marketing Science. An article entitled Sovereign Immunities and Moral Community appears in the October 1992 issue of theBusiness Ethics Quarterly.Anita Cava teaches Business Law and Business Ethics at both the graduate and undergraduate level at the University of Miami's School of Business Administration. She received her B.A. with Distinction and her J.D., Professor Cava has published in the area of ethics in law reviews and business journals.     

Border tax adjustments and U.S. trade

This paper reports welfare and terms of trade effects from border adjustments in the indirect taxes used by major U.S. trading partners using a numerical general equilibrium model of world trade and production due to Whalley (1985). Where the United States is a net importer of manufactures (as with Japan and the EEC) the United States gains by having these countries administer taxes on a destination rather than an origin basis. This is because the taxes involved typically have higher rates on manufactured products, and a discriminatory origin basis tax with higher rates on exportables operates akin to an export tax.     

Richard J. Orsi. Sunset Limited: The Southern Pacific Railroad and the Development of the American West, 1850-1930. Berkeley: University of California Press, 2005. xxii + 615 pp. ISBN 0-520-20019-5, $29.95.

This richly detailed labor of love by Richard J. Orsi attempts"a new approach to an important theme in the history of theAmerican Far West: the complex impact of a large, powerful businesscorporation on the process of settlement, economic development,and environmental change in a frontier region" (p. xiii). Itpays scant attention to traditional corporate history, withits emphasis on leaders, interline relations, politics, regulation,labor, freight, and passenger matters. Orsi dispatches     

从中美知识产权争端看“特别301”条款的实质

“特别301”条款是用于保障美国的知识产权在外国得到有效保护．保障依赖于知识产权保护的美国人公平和平等地进入外国市场的。在“‘特别301’条款年度审查报告”中,美国的贸易代表曾多次指出,中国的国内市场仿冒和盗版问题十分严重,给美国企业、个人带来巨额经济损失。特别是,近年来美中贸易赤字不断增加,已逾千亿美元,因此知识产权的有效保护成为美国扭转对外贸易状况的关键。本文以对“特别301”条款的实体内容及适用程序的介绍为基础,以中美知识产权谈判为具体案例,深刻剖析“特别301”条款的实质。     

Douglass C. North. Understanding the Process of Economic Change

Viewing recent economic history, no one can doubt that changinginstitutions to allow economic growth is "hard, really hard!"This latest work by Professor North attempts to explain justwhy it is so hard. Part I, "The Issues Involved in UnderstandingEconomic Growth," lays the basis for understanding why, oncehumans have created institutions and embedded them within acultural belief system, they are so difficult to change, evenwhen they become economically dysfunctional. Part II, "The RoadAhead," surveys specific examples of the difficulties encounteredin making the