Book Reviews

Books reviewed in this issue:
Roger Bean and Russell W. Radford
The Business of Innovation: Managing the Corporate Imagination for Maximum Results
Elaine Dundon
The Seeds of Innovation: Cultivating the Synergy That Fosters New Ideas
Jacqueline Byrd and Paul Lockwood Brown
The Innovation Equation: Building Creativity and Risk Taking in Your Organization
Books received for possible review in a future issue:
Ashish Arora, Andrea Fosfuri, and Alfonso Gambardella
Markets for Technology: The Economics of Innovation and Corporate Strategy
Paul Belliveau, Abbie Griffin, and Stephen Somermeyer, editors
The PDMA Toolbook for New Product Development
Vincent Bozzone
Speed to Market: Lean Manufacturing for Job Shops
John Seely Brown and Paul Duguid
   The Social Life of Information
Amiya K.Chakravarty
Market Driven Enterprise: Product Development, Supply Chains, and Manufacturing
Henry Chesbrough
Open Innovation: The New Imperative for Creating and Profiting from Technology
Kenneth Carlton Cooper
The Relational Enterprise: Moving beyond CRM to Maximize All Your Business Relationships
Edmund B. Fitzgerald
   Globalizing Customer Solutions
Eliezer Geisler
   Creating Value with Science and Technology
Tim Jones
Innovating at the Edge: How Organizations Evolve and Embed Innovation Capability
Robert C. Megantz
Technology Management: Developing and Implementing Effective Licensing Programs
David Moschella
Customer-Driven IT: How Users Are Shaping Technology Growth
Jeffrey H. Rohlfs
Bandwagon Effects in High-Technology Industries
Gerald Zaltman
How Customers Think: Essential Insights into the Mind of the Market
The reviews of three recent books on innovation in this issue are by Kumar Nochur, Ph.D., president of Vidya, Inc.     

Book reviews

de Geus, Arie The Living Company
Christensen, C.M. The Innovator's Dilemma – When New Technologies Cause Great Firms to Fail
Endres, A. Improving R&D Performance the Juran Way
Oakey, R. and Mukhtar, S‐M. (eds) New Technology‐Based Firms in the 1990s, Volume III
Kim, Linsu Imitation to Innovation: The Dynamics of Korea's Technological Learning
Ashton, D. and Green, F. Education, Training and the Global Economy
Rossval, Bjorn L. The Business Engineer
Augsdorfer, P. Forbidden Fruit: An Analysis of Bootlegging, Uncertainty and Learning in Corporate R&D
Tidd, J.; Bessant, J. and Pavitt, K. Managing Innovation: Integrating Technological, Market and Organizational Change     

Book reviews

Books reviewed:
Michael A. Hitt, Raphael Amit, Charles E. Lucier and Robert D. Nixon, Creating Value – Winners in the New Business Environment
Michael A. Hitt, R. Edward Freeman and Jeffrey S Harrison (eds.), The Blackwell Handbook of Strategic Management
OECD Proceedings, Innovative Networks - Cooperation in National Innovation Systems
Robert C. Scharff and Val Dusek (eds.), Philosophy of Technology. The Technological Condition: an Anthology     

Book reviews

Books reviewed:
A. Ganguly, Business Driven Research & Development: Managing Knowledge to Create Wealth
PA Consulting Group, Going for Growth: Realising the Value of Innovation
K. Brockoff, A. K. Chakrabarti and J. Hauschildt, The Dynamics of Innovation: Strategic and Managerial Implications
Shulin Gu, China's Industrial Technology – Market Reform and Organizational Change: VNU/INTECH Studies in New Technology and Development
L. Kim, Learning and Innovation in Economic Development
R. Oakey, W. During and S.‐M. Mukhtar, New Technology‐Based Firms in the 1990s Vol. VI
T. Rickards, Creativity and the Management of Change
R. W. Rycroft and D. E. Kash, The Complexity Challenge. Technological Innovation for the 21st Century
D. Leonard and W. Swap, When Sparks Fly
H. Grupp, Foundations of the Economics of Innovation: Theory, Measurement and Practice     

Made to Stick: Why Some Ideas Survive and Others Die by Chip Heath and Dan Heath

Books reviewed in this issue:

• ▪

  Made to Stick: Why Some Ideas Survive and Others Die
• ▪

  Think, Play, Do: Technology, Innovation, and Organization
• ▪

  Results without Authority: Controlling a Project When the Team Doesn't Report to You
• ▪

  The Pursuit of New Product Development: The Business Development Process

     

Book reviews

Books reviewed:
Yannis Caloghirou, Nicholas S. Vsonortas and Stavros Ioannides, European Collaboration in Research and Development: Business Strategy and Public Policy
David L. Bodde, M E Sharpe, The Intentional Entrepreneur – Bringing Technology and Engineering to the Real New Economy.
Margaret Myers and Agnes Kaposi, A First Systems Book: Technology and Management (2nd ed.).
Amy L Pablo and Mansour Javidan, Mergers and Acquisitions: Creating Integrative Knowledge.
Samuel D Schiflett, Linda R Elliot, Eduardo Salas and Michael G Coovert, Ashgate, Scaled Worlds: Development, Validation and Application.
Solly Angel, The Tale of the Scale – An Odyssey of Invention.     

Book reviews

Books reviewed:
P. Diederen, P. Stoneman, O. Toivanen, A. Wolters Innovation and Research Policies: An International Comparative Analysis
P.J. Buckley and P. N Ghauri The Global Challenge for Multinational Enterprises: Managing Increasing Interdependence
S. Harryson Japanese Technology and Innovation Management: From Know‐how to Know‐who
John Elkington Cannibals With Forks – the Triple Bottom Line of 21st Century Business: (Conscientious Commerce)
W.L. Miller and L. Morris 4th Generation R&D: Managing Knowledge, Technology and Innovation
Shulin Gu China's Industrial Technology – Market Reform and Organizational Change: VNU/INTECH Studies in New Technology and Development
H.C. Marais Perspectives on Science Policy in South Africa     

BOOK REVIEWS

Book reviewed in this article:
The End of Organized Capitalism , by Scott Lash and John Urry
New Technology and the Process of Labour Regulation , by Eric Batstone, Stephen Gourlay, Hugo Levie and Roy Moore
Technical Workers: Class, Labour and Trade Unionism , by Chris Smith
Profit Sharing and Profitability: How Profit Sharing Promotes Business Success , by D. Wallace Bell and Charles G. Hanson
Striking Out: trade unionism in social work , by Paul Joyce, Paul Corrigan and Mike Hayes
Strikes in Essential Services , by Gillian S. Morris     

Lean Product and Process Development by Allen C. Ward

Books reviewed in this issue:

• ▪

  Lean Product and Process Development
• ▪

  Open Business Models: How to Thrive in the New Innovation Landscape
• ▪

  Putting Hope to Work: Five Principles to Activate Your Organization's Most Powerful Resource
• ▪

  Catalyst Code: The Strategies behind the World's Most Dynamic Companies
• ▪

  Invisible Engines: How Software Platforms Drive Innovation and Transform Industries

     

Book reviews

Book reviews in this article:
Tools for Change and Progress: A Socio-Technical Approach to Business Process Re-engineering Enid Mumfordm, Geert Jan Beekman
Reengineering the Corporation: A Manifesto for Business Revolution Michael Hammer and James Champy
The Essence of Business Process Re-Engineering Joe Peppard, Philip Rowland
Software Assistance for Business Re-Engineering K Spurr, P Layzell, N Richards (Eds.)
Re-Engineering the Networked Enterprise Y Jayachandra with Raul Medina-More Gita J Melkote Fernando Flores
Reengineering Information Technology: Success Through Empowerment Stephen, Baxter, David Lisburn
Managers Divided: Organisation Politics and Information Technology Management David Knights, Fergus Murray
Business Process Reengineering: Breakpoint Strategies for Market Dominance Henry J. Johansson, Patrick McHugh, A. John Pendlebury & William A. Wheeler III
Beyond Business Process Reengineering: Towards the Holonic Enterprise Patrick McHugh, Giorgio Merli & William A. Wheeler III     

Seasonality and cultural influences on four Asian stock markets

We use daily returns to identify seasonality on the Kuala Lumpur Stock Exchange (KLSE), The Stock Exchange, Bombay (SEB), the Stock Exchange of Singapore (SES) and The Stock Exchange of Thailand (SET). On all four, we find strong day-of-the-week effects. Month-of-the-year effects exist on the KLSE and the SES but not on the SET or the BSE. Strong Chinese New Year effects are evident on the SES and the KLSE. The Chinese New Year effect on the SET is among small capitalization stocks. On the KLSE, we also find Islamic New Year and Vesak effects, but no Aidilfitri effect. Only weak holiday effects concerning several Indian lunar holidays are evident on the BSE. In general we find that cultural holidays evidence a stronger effect than state holidays. These results confirm the importance of cultural influences in the pricing of stocks.M. W. L. Chan is Professor of Finance and Business Economics at McMaster University, Canada, Anya Khanthavit Associate Professor of Finance, Thammasat University, Thailand and Hugh Thomas Assistant Professor of Finance, McMaster University, Canada. The authors would like to thank the Association of Deans of Southeast Asian Graduate Schools of Management for the financial support that enabled this research to be undertaken and an anonymous referee for his many insightful and constructive suggestions. Please direct all correspondence to Hugh Thomas, School of Business, McMaster University, 1280 Main Street West, Hamilton, Ontario, L8S 4M4, Canada, tel: (905) 522-6861 ext 23983 or email thomas@mcmaster.ca..     

Business groups in East Asia: Post-crisis restructuring and new growth

Business groups played an important role in the economic development of East Asian countries. Yet business groups in East Asia face an uncertain future. Following the Asian Crisis, foreign creditors and investors have demanded that business groups have more transparent operations and stronger corporate governance. At the same time, as governments in East Asia have loosened trade barriers, business groups have become subject to intense competition in domestic markets. This paper argues that business groups can survive or even prosper by taking initiatives in corporate restructuring. This paper also highlights some areas for further research on business groups in this region.

The role of the ideal organization in comparative management: A cross cultural perspective of Japan & Korea

It is popular to talk of the Confucian Work Ethic when explaining the successes of Japan, Korea, Taiwan, Hong Kong and Singapore. This is not an accurate impression. The authors of this article found significant differences in management practices — both actual and ideal — between Japan and South Korea.Professors Lane Kelley, Reginald Worthley and Harry Lie are from the College of Business Administration, University of Hawaii while Professor Arthur Whatley is from the College of Business Administration & Economics, New Mexico State University.     

Book Reviews

Paul Stoneman (ed) Handbook of the Economics of Innovation and Technological Change .
Richard Hawkins, Robin Mansell and Jim Skea (eds) Standards, Innovation and Competitiveness: the Politics and Economics of Standards in Natural and Technical Environments .
Michael Hobday, Innovation in East Asia: the Challenge to Japan .
David Preece, Organizational and Technical Change: Strategies, Objectives and Involvement .
Margaret Bruce and Wim G. Biemans (eds) Product Development. Meeting the Challenge of the Design-Marketing Interface .
Neil Farmer and Bob Lankester, Total Business Design .
Mark Dodgson and John Bessant, Effective Innovation Policy: A New Approach .     

Book Reviews

Books reviewed in this article:
Kirsten Wever, Labor, Business and Change in Germany and the United States
Ian Clark, Governance, the State, Regulation and Industrial Relations
Raymond Markey, Paul Gollan, Ann Hodgkinson, Alain Chouraqui and Ulke Veersama (eds), Models of Employee Participation in a Changing Global Environment: Diversity and Interaction
Andrew Pendleton, Employee Ownership, Participation and Governance: A Study of ESOPs in the UK
Christopher Candland and Rudra Sil (eds), The Politics of Labor in a Global Age: Continuity and Change in Late–industrializing and Post–socialist Economies
Chris Rowley and John Benson (eds), Globalization and Labour in the Asia Pacific Region
Brendan Burchell, David Ladipo and Frank Wilkinson (eds), Job Insecurity and Work Intensification
Jone L. Pearce, Organization and Management in the Embrace of Government
Maury Peiperl, Michael Arthur, Rob Goffee and Tim Morris (eds), Career Frontiers: New Conceptions of Working Lives
Steen Scheuer, Social and Economic Motivation at Work: Theories of Motivation Reassessed
Cary L. Cooper, Philip J. Dewe and Michael P. O'Driscoll, Organizational Stress: A Review and Critique of Theory, Research and Applications     

A new business venture

The venture is into the business area of Medical Aids. The first steps were taken by the Division just over three years ago. This paper describes the action which was taken by the Pharmaceuticals Division of ICI Limited to move into a New Business Venture, the experiences so far and some of the lessons learned which either have confirmed or contradicted the original ideas.     

A new business venture

This paper describes the action which was taken by the Pharmaceuticals Division of ICI Limited to move into a New Business Venture, the experiences so far and some of the lessons learned which either have confirmed or contradicted the original ideas.
The venture is into the business area of Medical Aids. The first steps were taken by the Division just over three years ago.     

Book Reviews

Book reviewed in this article:
TUC: The Growrh of a Pressure Group 1868–1976, by Ross M. Martin.
The Decline of the British Motor Industry, by Peter J. S. Dunnett.
Haward Business Review of Human Relarions
Not For Bread Alone: An Appreciation of Job Enrichment, by Lynda King Taylor
Whatever Happened to Shell's New Philosophy of Management, by F. H. M. Blackler and C. A. Brown
Managerial Rolcs in Industrial Relations: Towardc a Definitive Survey of Research and Fornulation of Modek, edited by Michael Paole and Roger Mansfield
Evaluaring Management Education by Robin M. Hogarth.
Professionals and Management, by Russell D. Lansbury
Advances in Manugernent Education, edited by John Beck and Charles Cox
Work Creation International Experiences, edited by M. P. Jackson and V. J. B. Hanby
Employment Outlook and Insight, edited by David H. Freedman
Masters, Unionsand Men: Work Controlin Building and the Rise of Labour 183&1914, by Richard Price
Occupation and Pay in Great Britain 190679, by Guy Routh
The Future of Pay Bargaining, edited by F. T. Blackaby
White-Collar Proletariat: The Industrial Behaviour of British Civil Servanu, by Michael P. Kelly     

Economic and strategic considerations surrounding Chinese FDI in the United States

The growth of outward investment from China has generated expressions of concern from policymakers in the United States regarding the economic and national security impacts of such investments. While inward foreign direct investment (FDI) has come to be viewed by most observers as generally imparting net economic benefits to the host economy, acquisitions of US companies by Chinese multinational companies (MNCs) have been criticized on several grounds. One is based on the mode of entry itself: some critics believe that entry by acquisition brings lower benefits than greenfield entry. A second and more prominent concern is that acquisitions of US companies by Chinese state-owned enterprises (SOEs) may be motivated by non-commercial objectives which, in turn, make those acquisitions of questionable value to the host economy. In this paper, we argue that Chinese FDI in the United States is more likely to take the form of acquisitions than greenfield investments for the foreseeable future. However, there is no strong case to be made that the host country economic benefits from Chinese FDI would be larger if entry took place primarily through greenfield investments. Furthermore, most of the alleged costs to the US economy from inward FDI from China are either unlikely to occur or are already anticipated by existing US laws and regulations, thus necessitating no additional, specific legislation.

Book reviews

Books reviewed:
Abby Day Peters, Gower, Winning Research Funding
George Tesar, Sibdas Ghosh, Steven. W. Anderson and Tom Bramorski, Strategic Technology Management – Building Bridges between the Sciences, Engineering and Business Management.
Robert D. Handscombe and Eann A. Patterson, The Entropy Vector: Connecting Science and Business.
Susan Segal-Horn, The Strategy Reader ,
Bianca Piachaud, Outsourcing R&D in the Pharmaceutical Industry: From Conceptualisation to Implementation of the Strategic Sourcing Process.
Liang Thow Yick, Organizing around Intelligence: Leading, Managing and Nurturing Intelligent Human Organizations that constantly exploit Innovation and Creativity embedded at the Edge of Chaos.