Economics of Incentives for Inter-Firm Innovation

Authors : Yasuhiro Monden (Tsukuba University, Japan)

Publisher : World Scientific

ISBN : 978-981-3207-77-6

There are currently no reviews for this book title.
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.
Prof Yasuhiro Monden is one of the fathers of Lean or Just-in-Time Production Management. He authored Toyota Production System (1st ed., American Institute of Industrial Engineers, 1983; 4th ed., Productivity Press, 2011), which is a classic in the field of lean production systems. He is an Emeritus Professor of Tsukuba University, Japan and has had a long and distinguished career as an academic.
There are currently no reviews for this book title.
Buy this book,, 13575, false


Click on the "Buy this book" button
You can email us at and we will get back to you with the next steps shortly.

All featured publishers and authors can avail of a free promotional interview on Enago Academy! Write to us now!

[contact-form-7 id="40123" title="Global popup two"]

    Researchers Poll

    For what are you most likely to depend on AI-assistance?