Institutions, the humanly devised constraints of economic activity, are outcomes of elite agency. Leveraging ideas from economics, sociology, politics, and strategic management, this book proposes an 'elite theory of economic development'. The overarching goal is to foster sustainable value creation at the elite business model level. This work also aims to contribute to transformational leadership, and links are made to the annual Elite Quality Index (EQx), a measure of the value creation of national elites.
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Tomas Casas-Klett is a permanent faculty member at the University of St.Gallen's School of Management (SoM), Research Institute for International Management (FIM-HSG), the Director of its China Competence Center, and serves as a visiting Professor at leading universities in Asia, including the School of Economics and Management at Tsinghua University and the Hong Kong University of Science and Technology. His research interests include economic development, geopolitics and the global political economy, elites and leadership in top teams, entrepreneurship, international business, and the financial aspects of sustainable value creation. He is also the co-founder and co-editor of the Elite Quality Index (EQx) and the Value Creation Rating (VCr) reports which respectively measure the sustainable value creation of nations and firms.
Tomas holds a BSc in finance from the Wharton School at the University of Pennsylvania, an MSc from Fudan University in Shanghai, and a PhD in economics from the University of St.Gallen, Switzerland.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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Hardcover. Etat : new. Hardcover. This profoundly ambitious theoretical work centers on value, understood as everything humans deem worth appropriating. Every society is hierarchical, and the top echelons are dominated by elites, the quality of whichin the business, politics, and knowledge arenasdetermines economic and human development. All elites run elite business models that both create and extract value, originate or transfer risk, and use their power and agency to shape institutions. This book argues that when inclusive value creation outweighs extractive value transfers, the outcomes for society at large are positive. Sustainable value creation happens when intra-elite contests result in more innovation than rent seeking, more free trade than protectionism, and more competition than monopolies. Leveraging diverse ideas from economics (value), sociology (power), political economy (the distribution of value), and management (the value creation and appropriation framework), the book advances a sweeping inter-disciplinary framework that positions the meso-level elite system at its core. This extends the institutional perspective and acts as the transmission mechanism between the micro-level firm and the macro-level political economy. A wealth of elite business model cases are considered throughout its pagesranging from Neolithic grain to AI and from Caesar to Trumpto further an elite theory of economic development that transcends traditional LeftRight debates, is rooted in its own speculative philosophy, and yet is highly practical, with proposals for structural reform, cost of equity calculations, and an approach to sustainability based on weighting and offsetting extractive transfers. This economic treatise supplies the conceptual tools for a realistic account of how the world works today and, in its discussion of elite judgment, offers an ethical framework to guide elite transformational leadership. It will be essential reading for researchers, policymakers, and business leaders around the world looking for fresh ideas on how to navigate and reappraise how we address current realities. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. N° de réf. du vendeur 9783110738902
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Hardcover. Etat : new. Hardcover. This profoundly ambitious theoretical work centers on value, understood as everything humans deem worth appropriating. Every society is hierarchical, and the top echelons are dominated by elites, the quality of whichin the business, politics, and knowledge arenasdetermines economic and human development. All elites run elite business models that both create and extract value, originate or transfer risk, and use their power and agency to shape institutions. This book argues that when inclusive value creation outweighs extractive value transfers, the outcomes for society at large are positive. Sustainable value creation happens when intra-elite contests result in more innovation than rent seeking, more free trade than protectionism, and more competition than monopolies. Leveraging diverse ideas from economics (value), sociology (power), political economy (the distribution of value), and management (the value creation and appropriation framework), the book advances a sweeping inter-disciplinary framework that positions the meso-level elite system at its core. This extends the institutional perspective and acts as the transmission mechanism between the micro-level firm and the macro-level political economy. A wealth of elite business model cases are considered throughout its pagesranging from Neolithic grain to AI and from Caesar to Trumpto further an elite theory of economic development that transcends traditional LeftRight debates, is rooted in its own speculative philosophy, and yet is highly practical, with proposals for structural reform, cost of equity calculations, and an approach to sustainability based on weighting and offsetting extractive transfers. This economic treatise supplies the conceptual tools for a realistic account of how the world works today and, in its discussion of elite judgment, offers an ethical framework to guide elite transformational leadership. It will be essential reading for researchers, policymakers, and business leaders around the world looking for fresh ideas on how to navigate and reappraise how we address current realities. This item is printed on demand. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. N° de réf. du vendeur 9783110738902
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Buch. Etat : Neu. Neuware -Institutions, the humanly devised constraints of economic activity, are outcomes of elite agency. Leveraging ideas from economics, sociology, politics, and strategic management, this book proposes an 'elite theory of economic development'. The overarching goal is to foster sustainable value creation at the elite business model level. This work also aims to contribute to transformational leadership, and links are made to the annual Elite Quality Index (EQx), a measure of the value creation of national elites. Presents a theory of society, the economy, and the way the world actually is. Provides lucid analysis on elites and their contribution to economic and human development. Suggests practical frameworks and measurements for sustainable value creation and appropriation. 1000 pp. Englisch. N° de réf. du vendeur 9783110738902
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Buch. Etat : Neu. Neuware -Institutions, the humanly devised constraints of economic activity, are outcomes of elite agency. Leveraging ideas from economics, sociology, politics, and strategic management, this book proposes an 'elite theory of economic development'. The overarching goal is to foster sustainable value creation at the elite business model level. This work also aims to contribute to transformational leadership, and links are made to the annual Elite Quality Index (EQx), a measure of the value creation of national elites. Presents a theory of society, the economy, and the way the world actually is. Provides lucid analysis on elites and their contribution to economic and human development. Suggests practical frameworks and measurements for sustainable value creation and appropriation. 1000 pp. Englisch. N° de réf. du vendeur 9783110738902
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