IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-319-04750-8_7.html
   My bibliography  Save this book chapter

The Importance of Large Companies for the Rise of Innovation in the Continent

In: Management in Latin America

Author

Listed:
  • Paulo Roberto Feldmann

    (University of São Paulo)

Abstract

More than 30 years ago, Galbraith (1978) pointed to the fact that the large companies were always increasing their supremacy and power over the economy because only they have the conditions to sustain the expenses demanded by innovation.“The small company does not have the conditions to sustain the expenses demanded by innovation” said Galbraith in “The New Industrial State.” In his ironic and didactic way of analyzing the large problems of the economy, Galbraith would say that the enemy of the market system was not the ideology but the engineer, as he was increasingly working in favor of the large companies and generating innovations in processes and products that contributed increasingly more to increase the difference between the large and the small companies. In all of his books, Galbraith emphasized the advantages of a large organization: “The large organization can tolerate the uncertainty of the market, which a smaller company cannot do…All, with the exception of the pathologically romantic, now recognize that this is not the era of the small ones.”

Suggested Citation

  • Paulo Roberto Feldmann, 2014. "The Importance of Large Companies for the Rise of Innovation in the Continent," Springer Books, in: Management in Latin America, edition 127, chapter 0, pages 57-63, Springer.
    • Handle: RePEc:spr:sprchp:978-3-319-04750-8_7
    DOI: 10.1007/978-3-319-04750-8_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-319-04750-8_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.