| dc.creator | Shen, T. Y. | |
| dc.date | 2011-04-07T11:34:36Z | |
| dc.date | 2011-04-07T11:34:36Z | |
| dc.date | 1974 | |
| dc.date.accessioned | 2012-11-10T12:57:48Z | |
| dc.date.available | 2012-11-10T12:57:48Z | |
| dc.date.issued | 10-11-12 | |
| dc.identifier | Shen, T. Y. (1974) Organisation input and economic development. Discussion Paper 194, Nairobi: Institute for Development Studies, University of Nairobi | |
| dc.identifier | http://opendocs.ids.ac.uk/opendocs/handle/123456789/557 | |
| dc.identifier | 317731 | |
| dc.identifier.uri | http://erepository.uonbi.ac.ke:8080/handle/123456789/1901 | |
| dc.description | In this paper we develope a framework in which
organisation is treated as an input in a production firm. The
determination of an equilibrium organisation input is described. Corresponding to the equilibrium, a quasi-rent is earned by the
organisation. Improvements in efficiency and technological change
are regarded as substitution of organisation input for labour and
capital inputs.
Development sequences of three types of firms are discussed.
For the large firm in a mature economy, organisation input is primarily
generated within the firm. For the small firm in a mature economy,
entry and exit play the vital role. For the firm in an underdeveloped
country little organisation input is generated, and there are good
economic reasons why the substitution of organisation input for other
inputs is inefficient. It is a better strategy for an underdeveloped
country to import organisation inputs (but not organisation stocks)
when they are needed, because of the relatively low costs of organisation
inputs generated in the mature economies. | |
| dc.language | en | |
| dc.publisher | Institute for Development Studies, University of Nairobi | |
| dc.relation | Discussion Papers;194 | |
| dc.rights | http://creativecommons.org/licenses/by-nc-nd/3.0/ | |
| dc.rights | Institute for Development Studies, University of Nairobi | |
| dc.subject | Economic Development | |
| dc.title | Organisation input and economic development | |
| dc.type | Series paper (non-IDS) | |
