What is the nature of the firm? What are the competitive implications of large firm mergers and alliances for government policy? However, in this new book based on his original research, Neil Kay shows how these questions are closely inter-related and explores the implications this has for the formulation of corporate strategy and public policy.

Preface Acknowledgements Overview SECTION 1: CRITIQUES Industrial Structure, Rivalry and Innovation: Theory and Evidence How Economists Can Accept Shackles Critique of Economic Doctrines Without Arguing Themselves Out of Their Jobs Markets, False Hierarchies and the Evolution of the Modern Corporation The Economics of Trust SECTION 2: STRATEGIES The R&D Function; Corporate Strategy and Structure Boeing, Corporate Strategy and Technological Change Towards a Theory of Multinational Enterprise Collaborative Strategies of Firms; Theory and Evidence SECTION 3: POLICIES Industrial Collaborative Activity and the Completion of the Internal Market Mergers, Acquisitions and the Completion of the Internal Market Industrial Collaboration and the European Internal Market Bibliography Index