Here is the synopsis of our sample research paper on Late Industrialisation; The Impact Institutional and Organisational Characteristics of Contemporary Business. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 9 page paper looks at the way in which late industrialisation can impact on the characteristics of business, at both a company level and at a national level. The paper outlines some of the characteristic and then examines Germany to illustrate the influences that later industrialisation had on the country and its’ industry. The bibliography cites 9 sources.
Page Count:
9 pages (~225 words per page)
File: TS14_TElateind.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
in which the country undertakes trade, the areas of commerce that they specialise in and even the way in which organisation operate in terms of structure and culture. There is
little doubt that industrialisation has impacted on economies across the global with late industrialisation taking place in some areas. In looking at these theories and fitting them in with known
history and commercial practices in different areas it can be seen that in many cases the role of late industrialisation can be used to illustrate why there are national differences
in the institutional and organisational characteristics of contemporary business. The main theorist of later industrialisation is that if Gerschenkron 91962). The argument put forward by Gerschenkron indicate not only the
need for later industrialisation, but the way in which countries development with this phenomenon will also indicate the valuable advantages that these countries may benefit from. Gerschenkron examined areas such
as Germany, which we will look at in more detail later, to understand the patterns that emerged with late industrialisation. Countries where
late industrialisation takes place are at a disadvantage. Unlike areas where industrialisation started, such as British, and the idea of laissez faire and free competition had dominated, the development of
risk taking entrepreneurs had not had room to develop. Therefore the developed countries appeared to have the first mover advantage, they had the experience and businessmen with the required entrepreneurial
skills (Gerschenkron, 1962). Another problem was the lack of investment capital, industrialised countries were already attracting the money and those with late industrialisation had to develop other ways of
creating the capital required, either using or rejecting the financial markets. This may be seen as one of the key factors, as industrialisation cannot occur without the investment (Gerschenkron, 1962).
...