Small and Big Business

Steindl, Josef

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Document type:: Works

Collection:: Josef Steindl Collection

Title:: Small and Big Business: Introduction [carbon copy of the 2nd revision]

Author:: Steindl, Josef

Scope:: Typoskript, Durchschlag, 21 Blätter, mit handschriftlichen Korrekturen

Year of publication:: 1978

Source material date:: [04.1978]

Note:: Das Typoskript stellt die zweite Überarbeitung der 1972 neu verfassten Einleitung zu "Small and Big Business" (1945) vermutlich zwecks der spanischen Ausgabe des Buches dar. Die erste Seite enthält mit Bleistift festgehaltenen Seitenangaben, wo Korrekturen vorgenommen wurden.

Topic:: Firm and market structure

JEL Classification:: D24 [Production, Cost, Capital, Capital, Total Factor, and Multifactor Productivity, Capacity] D43 [Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection] L11 [Production, Pricing, and Market Structure, Size Distribution of Firms]

Shelfmark:: S/M.3.10

Rights of use:: Free access In Copyright

Access:: Free access

DOI:: https://doi.org/10.48671/nls.js.AC14446393

16 A second reason why the biggest concerns may have lower profit rate is that they may be less efficient and, especially, less innovative than others for reasons of internal organisation. They tend to be overconfident as a result of a successful past, and to become rigid due to traditions and routine which again is^fostered by a history of success. f I think this factor is more important than other more con ventional diseconomies. In this book I played down dis economies too much, and this was an error. In principle it must be recognized that the growth of the firm leads to serious inconvenience. The mere geographical size of the market increases, and with it cost of transport to the easterner. The plant itself covers more space, therefore there is more internal transport. Much more important, with the increase in the nuraber of people cooperating the difficulties of communication between them increase disproportionately.This leads to increasingly diversified hierarchical structures designed to save communication lines and to loss in efficiency. The computer is a grafct help in improving communication, and therefore it is a boon to the very big firms. 10) H.A. Simon, Decision Making and Operational Design. J.Ü. March and H.A. Simon, The Dysfunction of Bureaucracy. ins Organisation Theory. Ed. Pugh, Penguin Books 1971.

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