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Essays on the Art and Craft of Economics

David Colander

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Malin Brännback and Alan L. Carsrud

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The theory of mobilities

A Critical Analysis

Maximiliano E. Korstanje

Although over the recent years, the theory of mobilities has gained the attention of many disciplines and theorists, there are some points that merit further attention. John Urry, who played a crucial role in contemporary sociology as an authorative voice, envisaged an all-encompassing theory that explained our inclination toward velocity and the rise of the travel and tourism industry. This chapter rests on the conceptual limitations of Urry’s development, laying the foundations toward a new sociology of immobility for decades to come.

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Mitsuru Kodama

Strategic innovation dynamically brings about strategic positioning through new products, services and business models, and is a dynamic view of strategy that enables a large corporation to maintain its competitiveness and establish sustainable growth. For these reasons, large corporations have to be innovators that can reinforce their existing positions (businesses) through incremental innovation, while at the same time constantly renew or destroy existing business through radical innovation. From detailed reviews of existing capabilities theories (resource-based theory of the firm, dynamic capabilities, and so on), and further theories deeply related to the characteristics of corporate or organizational capabilities and field data on sustainable growth of global corporations, this chapter presents the concept of a “Capabilities Map” derived from existing research into the characteristics of dynamic capabilities responding to environmental conditions such as dynamic temporal shifts and factors of uncertainly.

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Shit happens, but you have a job to do!

Insights from When Things Go Wrong

Keith Townsend and Mark N.K. Saunders

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Marietta E.A. Haffner

In many Western European countries including the Netherlands and France, the market share of private renting decreased massively after World War II. Often strict rent control is deemed to also be responsible for this development. Yet more recent development indicates a further decline of the sector in the Netherlands, whereas its market share stabilized in France. This chapter explains the development of the private rental sector resulting from private individual or person landlords leaving the sector in the Netherlands, but staying in operation as landlords in France. While in France the institutional landlords/investors retreated, in the Netherlands they kept up their rental stock until the subsidization of new investment became less attractive and in the end was abolished. How ‘rent tenure’-neutral subsidization seems to have played a role, is the central focus of this chapter.

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Publish or perish: Origin and perceived benefits

Perceived Benefits versus Unintended Consequences

Imad A. Moosa

‘Publish or perish’ (POP) is a phrase that describes the pressure put on academics to publish in scholarly journals rapidly and continually as a condition for employment (finding a job), promotion, and even maintaining one’s job. POP may be advocated on the grounds that a good track record in publications draws attention to the authors and their institutions, which can facilitate continued funding and the progress of the authors themselves. However, the POP culture also brings with it unintended adverse consequences that outweigh any perceived benefits. There is no consensus view on who actually coined the term ‘publish or perish’. The rise of the POP culture can be attributed primarily to the attitude of governments that look at higher education as a cost, not an investment, or those believing that it is not their job to fund education.

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Preface and acknowledgments

Driving Congruence in Capabilities

Mitsuru Kodama

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Edited by Julian M. Hayter and George R. Goethals

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Towards Regulatory Equilibrium

Edited by Christoph U. Schmid