Spin-offs of Entrepreneurial Firms : an O-Ring Approach The O-Ring theory provides a framework to analyse the emergence of firms organized as partnerships. The owner-managers of such entrepreneurial firms can benefit from ability matching within their production teams. However, they must also bear the project risk. Risk-aversion then induces a second-best solution. At the same time, integrated ...

The emergence of a new economy: An O-Ring approach

Fabel, Oliver, (2001)

The emergence of a new economy: An O-Ring approach

Fabel, Oliver, (2001)

On the "Adverse Selection" of Organizations

Kräkel, Matthias, (2006)