New Old Economy : Networks, Institutions, and the Organizational Transformation of American Manufacturing by Josh Whitford (2006, Hardcover)

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About this product

Product Identifiers

PublisherOxford University Press, Incorporated
ISBN-100199286019
ISBN-139780199286010
eBay Product ID (ePID)46822465

Product Key Features

Number of Pages240 Pages
Publication NameNew Old Economy : Networks, Institutions, and the Organizational Transformation of American Manufacturing
LanguageEnglish
Publication Year2006
SubjectCommerce, Industries / Manufacturing
TypeTextbook
Subject AreaBusiness & Economics
AuthorJosh Whitford
FormatHardcover

Dimensions

Item Height0.8 in
Item Weight17.9 Oz
Item Length9.2 in
Item Width6.1 in

Additional Product Features

Intended AudienceScholarly & Professional
LCCN2005-020574
Reviews...presents a new benchmark in work that fuses organisational sociology and comparative political economy, primarily because it overturns common assumptions both about how firms work in the U.S. economy, as well as what we may call the logic of the firm., ...presents a new benchmark in work that fuses organisational sociologyand comparative political economy, primarily because it overturns commonassumptions both about how firms work in the U.S. economy, as well as what wemay call the logic of the firm., "In an important new book based on over 100 interviews at more than 50 metal manufacturing firms in the Upper Midwest and filled with interesting and original insights, Josh Whitford examines the nature of interfirm relationships....Whitford presents a fresh and original analysis of the nature of domestic supply-chain relationships in the context of the U.S. institutional framework. ..The book deserves to reach a wide readership, as it offers a richly detailed understanding of the realities of the new logic of organizing production."--Administrative Science Quarterly "Whitford does a great service by explaining in intricate detail how American manufacturing has changed in the last 15 years, and his findings do provide intriguing implications for policy....Simply going well beyond empty discussions of off-shoring and the "knowledge economy" to examine the concrete nature of relationships between suppliers and customers is worth the price of admission....Considered, timely, and important."--American Journal of Sociology "A new economy is being born from in the old rust belt economy, and Josh Whitford is a terrific chronicler and analyst of this extraordinary transformation-one so important yet so difficult. Anyone interested in the idea of partnership and collaborative community in industry will find this immensely thought-provoking." -Professor Paul Adler, Marshall School of Business, University of Southern California "Josh Whitford here demonstrates the importance of focussed empirical research in challenging stereotypes. The picture presented here of US Metalworking firms is not that of the familiar stylized facts. That is because it is the result of real, on-the-ground research-but driven also by excellent theoretical analysis and reflection." -Professor Colin Crouch, Chair, Institute of Governance and Public Management, Warwick Business School "At the very center of the transformations of contemporary economies is a profound restructuring of the relationships among firms. Josh Whitford's The New Old Economy provides a penetrating analysis of these transformations, showing how new strategies interact with old institutional arrangements to produce novel configurations. It should be read by anyone interested in understanding the dilemmas and dynamics of the American economy." -Erik Olin Wright, Vilas Distinguished Professor, Department of Sociology, University of Wisconsin-Madison, "In an important new book based on over 100 interviews at more than 50 metal manufacturing firms in the Upper Midwest and filled with interesting and original insights, Josh Whitford examines the nature of interfirm relationships....Whitford presents a fresh and original analysis of the nature of domestic supply-chain relationships in the context of the U.S. institutional framework. ..The book deserves to reach a wide readership, as it offers a richly detailed understanding of the realities of the new logic of organizing production."--Administrative Science Quarterly"Whitford does a great service by explaining in intricate detail how American manufacturing has changed in the last 15 years, and his findings do provide intriguing implications for policy....Simply going well beyond empty discussions of off-shoring and the "knowledge economy" to examine the concrete nature of relationships between suppliers and customers is worth the price of admission....Considered, timely, and important."--American Journal of Sociology"A new economy is being born from in the old rust belt economy, and Josh Whitford is a terrific chronicler and analyst of this extraordinary transformation-one so important yet so difficult. Anyone interested in the idea of partnership and collaborative community in industry will find this immensely thought-provoking." -Professor Paul Adler, Marshall School of Business, University of Southern California"Josh Whitford here demonstrates the importance of focussed empirical research in challenging stereotypes. The picture presented here of US Metalworking firms is not that of the familiar stylized facts. That is because it is the result of real, on-the-ground research-but driven also by excellent theoretical analysis and reflection." -Professor Colin Crouch, Chair, Institute of Governance and Public Management, Warwick Business School"At the very center of the transformations of contemporary economies is a profound restructuring of the relationships among firms. Josh Whitford's The New Old Economy provides a penetrating analysis of these transformations, showing how new strategies interact with old institutional arrangements to produce novel configurations. It should be read by anyone interested in understanding the dilemmas and dynamics of the American economy." -Erik Olin Wright, Vilas Distinguished Professor, Department of Sociology, University of Wisconsin-Madison, "In an important new book based on over 100 interviews at more than 50 metal manufacturing firms in the Upper Midwest and filled with interesting and original insights, Josh Whitford examines the nature of interfirm relationships....Whitford presents a fresh and original analysis of the nature of domestic supply-chain relationships in the context of the U.S. institutional framework. ..The book deserves to reach a wide readership, as it offers a richly detailed understanding of the realities of the new logic of organizing production."-- Administrative Science Quarterly "Whitford does a great service by explaining in intricate detail how American manufacturing has changed in the last 15 years, and his findings do provide intriguing implications for policy....Simply going well beyond empty discussions of off-shoring and the "knowledge economy" to examine the concrete nature of relationships between suppliers and customers is worth the price of admission....Considered, timely, and important."-- American Journal of Sociology "A new economy is being born from in the old rust belt economy, and Josh Whitford is a terrific chronicler and analyst of this extraordinary transformation-one so important yet so difficult. Anyone interested in the idea of partnership and collaborative community in industry will find this immensely thought-provoking." -Professor Paul Adler, Marshall School of Business, University of Southern California "Josh Whitford here demonstrates the importance of focussed empirical research in challenging stereotypes. The picture presented here of US Metalworking firms is not that of the familiar stylized facts. That is because it is the result of real, on-the-ground research-but driven also by excellent theoretical analysis and reflection." -Professor Colin Crouch, Chair, Institute of Governance and Public Management, Warwick Business School "At the very center of the transformations of contemporary economies is a profound restructuring of the relationships among firms. Josh Whitford's The New Old Economy provides a penetrating analysis of these transformations, showing how new strategies interact with old institutional arrangements to produce novel configurations. It should be read by anyone interested in understanding the dilemmas and dynamics of the American economy." -Erik Olin Wright, Vilas Distinguished Professor, Department of Sociology, University of Wisconsin-Madison, "In an important new book based on over 100 interviews at more than 50 metal manufacturing firms in the Upper Midwest and filled with interesting and original insights, Josh Whitford examines the nature of interfirm relationships....Whitford presents a fresh and original analysis of the nature of domestic supply-chain relationships in the context of the U.S. institutional framework. ..The book deserves to reach a wide readership, as it offers a richly detailed understanding of the realities of the new logic of organizing production."--Administrative Science Quarterly "Whitford does a great service by explaining in intricate detail how American manufacturing has changed in the last 15 years, and his findings do provide intriguing implications for policy....Simply going well beyond empty discussions of off-shoring and the "knowledge economy" to examine the concrete nature of relationships between suppliers and customers is worth the price of admission....Considered, timely, and important."--American Journal of Sociology "A new economy is being born from in the old rust belt economy, and Josh Whitford is a terrific chronicler and analyst of this extraordinary transformation-one so important yet so difficult. Anyone interested in the idea of partnership and collaborative community in industry will find thisimmensely thought-provoking."-Professor Paul Adler, Marshall School of Business, University of Southern California "Josh Whitford here demonstrates the importance of focussed empirical research in challenging stereotypes. The picture presented here of US Metalworking firms is not that of the familiar stylized facts. That is because it is the result of real, on-the-ground research-but driven also by excellenttheoretical analysis and reflection."-Professor Colin Crouch, Chair, Institute of Governance and Public Management, Warwick Business School "At the very center of the transformations of contemporary economies is a profound restructuring of the relationships among firms. Josh Whitford'sThe New Old Economyprovides a penetrating analysis of these transformations, showing how new strategies interact with old institutional arrangements toproduce novel configurations. It should be read by anyone interested in understanding the dilemmas and dynamics of the American economy."-Erik Olin Wright, Vilas Distinguished Professor, Department of Sociology, University of Wisconsin-Madison
Dewey Edition22
TitleLeadingThe
IllustratedYes
Dewey Decimal387.1
Table Of ContentIntroductionPart I: The New Old Economy1. A New Production Paradigm for a New Old Economy2. Networks, Noise, and Institutional ChangePart II: Networks and the Organizational Transformation of American Manufacturing3. The Decentralization of American Manufacturing4. Collaboration in Practice: The Cost Reduction (Incremental Innovation) Waltz5. Uncertainty and Contradiction in the New Old EconomyPart III: Institutions and the Relational Reconstruction of Regional Political Economy6. It Couldn't Happen Here? Public Policy, Regional Institutions, and Inter-Firm Collaboration in the US7. Toward the Relational Reconstruction of Regional Political Economy
SynopsisAmerican manufacturing is in obvious crisis: the sector lost three million jobs between 2000 and 2003 as the American trade deficit shot to record highs. Manufacturers have increasingly decentralized productive responsibilities to armies of supplier firms, both domestic and abroad. Many have speculated as to whether or not manufacturing is even feasible in the United States, given the difficulties. Josh Whitford's book shows that discussion of this shift, in the media and in the academic literature, hits on the right issues - globalization, de-industrialization, and the outsourcing of production in marketized and in network relationships - but in an overly polarized way that obscures as much as it enlightens. Drawing on the results of extensive interviews conducted with manufacturers in the American Upper Midwest, Whitford shows that the range of possibilities is more complex and contingent than is usually recognized. Highlighting heretofore unexamined elements of constraint, contradiction and innovation that characterize contemporary network production models, Whitford shakes received understanding in economic and organizational sociology, comparative political economy, and economic geography to reveal ways in which the American economic development apparatus can be adjusted to better meet the challenges of a highly decentralized production regime., American manufacturing is in obvious crisis: the sector lost three million jobs between 2000 and 2003 as the American trade deficit shot to record highs. Manufacturers have increasingly decentralized productive responsibilities to armies of supplier firms, both domestically and abroad. Many have speculated as to whether or not manufacturing is even feasible in the United States, given the difficulties.Josh Whitford's book examines the issuesbehind this crisis, looking at the emergence of a 'new old economy', in which relationships between firms have become much more important. Whitford shows that discussion of this shift, in the media andin the academic literature, hits on the right issues - globalization, de-industrialization, and the outsourcing of production in marketized and in network relationships - but in an overly polarized way that obscures as much as it enlightens.Drawing on the results of extensive interviews conducted with manufacturers in the American Upper Midwest, Whitford shows that the range of possibilities is more complex and contingent than is usually recognised. Highlighting heretoforeunexamined elements of constraint, contradiction, and innovation that characterize contemporary network production models, Whitford shakes received understandings in economic and organizationalsociology, comparative political economy, and economic geography to reveal ways in which the American economic development apparatus can be adjusted to better meet the challenges of a highly decentralized production regime., American manufacturing is in obvious crisis: the sector lost three million jobs between 2000 and 2003 as the American trade deficit shot to record highs. Manufacturers have increasingly decentralized productive responsibilities to armies of supplier firms, both domestic and abroad. Many have speculated as to whether or not manufacturing is even feasible in the United States, given the difficulties. Josh Whitford's book shows that discussion of this shift, in themedia and in the academic literature, hits on the right issues - globalization, de-industrialization, and the outsourcing of production in marketized and in network relationships - but in an overlypolarized way that obscures as much as it enlightens., American manufacturing is in obvious crisis: the sector lost three million jobs between 2000 and 2003 as the American trade deficit shot to record highs. Manufacturers have increasingly decentralized productive responsibilities to armies of supplier firms, both domestically and abroad. Many have speculated as to whether or not manufacturing is even feasible in the United States, given the difficulties.Josh Whitford's book examines the issues behind this crisis, looking at the emergence of a 'new old economy', in which relationships between firms have become much more important. Whitford shows that discussion of this shift, in the media and in the academic literature, hits on the right issues - globalization, de-industrialization, and the outsourcing of production in marketized and in network relationships - but in an overly polarized way that obscures as much as it enlightens.Drawing on the results of extensive interviews conducted with manufacturers in the American Upper Midwest, Whitford shows that the range of possibilities is more complex and contingent than is usually recognised. Highlighting heretofore unexamined elements of constraint, contradiction, and innovation that characterize contemporary network production models, Whitford shakes received understandings in economic and organizational sociology, comparative political economy, and economic geography to reveal ways in which the American economic development apparatus can be adjusted to better meet the challenges of a highly decentralized production regime.
LC Classification NumberHD9725
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