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The paper deals with development of a general theory of the firm. It discusses the demand for such a theory, reviews … existing approaches to its generalization, and offers a new variant of general theory of the firm based on the contract theory …. The theory is based on minimization of opportunistic behaviour determined by the material structure of production (a …
Persistent link: https://www.econbiz.de/10010860817
We survey the phenomenon of the growth of firms drawing on literature from economics, management and sociology. We begin with a review of empirical "stylised facts" before discussing theoretical contributions. Firm growth is characterized by a predominant stochastic element, making it difficult...
Persistent link: https://www.econbiz.de/10010750933
entrepreneurial firms are used to construct a theory on their locational behavior that explains that behavior as the outcome of a …
Persistent link: https://www.econbiz.de/10005765245
This paper explores and explains the emergence and growth of new firms in the knowledge economy. The resource-based view, capabilities approach, and evolutionary economics are used as a foundation for a developmental approach. The development of the firm is conceptualized in terms of processes...
Persistent link: https://www.econbiz.de/10005765313
We survey the phenomenon of the growth of firms drawing on literature from economics, management, and sociology. We begin with a review of empirical 'stylised facts’ before discussing theoretical contributions. Firm growth is characterized by a predominant stochastic element, making it...
Persistent link: https://www.econbiz.de/10005252225
We survey the phenomenon of the growth of firms drawing on literature from economics, management and sociology. We begin with a review of empirical "stylised facts" before discussing theoretical contributions. Firm growth is characterized by a predominant stochastic element, making it difficult...
Persistent link: https://www.econbiz.de/10005670854
Transaction Costs Theory has been considered the 'new orthodoxy' in the theory of the firm, being this the very same … directions for a pluralistic research agenda on the theory of the firm. …
Persistent link: https://www.econbiz.de/10005412956
Persistent link: https://www.econbiz.de/10010846021
Persistent link: https://www.econbiz.de/10010846032
This paper studies the Hart-Grossmn-Moore property rights approach to the theory of the firm, under the alternative …
Persistent link: https://www.econbiz.de/10008852263