System Upgrade on Tue, May 28th, 2024 at 2am (EDT)
Existing users will be able to log into the site and access content. However, E-commerce and registration of new users may not be available for up to 12 hours.For online purchase, please visit us again. Contact us at customercare@wspc.com for any enquiries.
In the current environment of severe global competition, an uncertain business future as well as shorter product life cycles, companies have a pressing need to develop new products and businesses rapidly. In this book, Professor Yasuhiro Monden expounds on his theories about inter-firm networks and incentive price systems as important mechanisms to encourage innovation.
The author has coined the term incentive price system to explain profit allocation systems which will motivate inter-firm collaboration to develop new customer-pleasing products or businesses. He notes that such a comprehensive concept of incentive price has not been studied in conventional economics but is invaluable for solving various profit allocation problems.
The theories in the book are richly illustrated by many case studies from the automobile, auto-parts, smartphone, semiconductor, convenience store and nuclear power electricity industries. Examples from the automobile industry account for more than half of the case studies because the author has accumulated much practical knowledge and experience from research and related activities in the Japanese automobile industry over several decades.
This book will be of interest to researchers and practitioners of lean or just-in-time production, as well as those involved in related areas such as managerial accounting, managerial economics, corporate finance, organization theory and cooperative game theory.
Sample Chapter(s)
Chapter 1: Research Theme, Framework and Summaries of Each Chapter (629 KB)
Contents:
- Introduction:
- Research Theme, Framework and Summaries of Each Chapter
- The Critiques to the Traditional Market Price and Organizations and the Propositions of the Incentive Price of Inter-Firm Network
- Collaborative Innovations for Social Problems: Business Innovation, Environment and Wage Difference:
- Business Innovation in General: Open Innovation Based on the Business Ecosystem and Intangible Assets
- Environmental Problem: Open Innovation of Eco-Cars Based on Global Inter-Firm Collaboration
- Appendix: How the Network Organization Can Reach the Global Optimal Point
- Global Wage Difference Problem: The Smile Curve and Fair Allocation of the Global Value-Added Among Nations
- Inter-Firm Innovations Can Solve the Wage Differentials in the Supply Chain: Collaborations Motivated by Negotiated Transfer Pricing
- Appendix 1: On the Moral Sentiments of Adam Smith Compared to Soseki Natsume
- Appendix 2: Case Study of Global Risk-Spreading for Continuous Innovation: How Kikuchi Gear Has Developed Their "Economy of Scope"
- Design of Open Inter-Firm Network:
- From Adam Smith's Division of Labor to the Network Organization: From JIT Production to the "Collaborative Hands"
- How Can the Open Network Organization Be Constructed by M&A?
- Design of Global Supply Chain: Dynamic Combination Model of Market, Product Life-Cycle, Product Design and Supply Chain
- Robust Supply-Chain Management for Disasters: Based on the Product Design Architectures
- Incentive System of Profit and Loss Allocation:
- How to Value Intangible Assets for Allocating the Synergy Effect in the Global Inter-Firm Network: Multinational Transfer Price
- How to Determine the Acquisition Price as Incentive Price for Purchasing the Firm in M&A
- Risk-Sharing and Risk-Spreading in the Japanese Auto Industry: Profit Allocation Systems of Full Cost-Based Transfer Pricing
- Appendix: Illustrative Models for Propositions 1 and 2
- Convenience Store Chain: Cost and Profit Sharing that Motivates Inter-Firm Cooperation
- Nuclear Power Electric Company: How Can All Stakeholders Share the Burdens of Solving Damage Liability and Business Turnaround?
Readership: Researchers and practitioners who are interested in lean or just-in-time production systems and management.
