Knowledge, Scale and Transactions in the Theory of the FirmCambridge University Press, 18 мая 2006 г. Firms in market economies vary enormously in size, nature and competitiveness. In this important contribution to the literature on the theory of the firm, Mario Morroni provides a fresh analytical framework which improves our understanding of the causes of this diversity in organisational design and performance. The relations between internal and external basic conditions, decision-making mechanisms and organisational co-ordination are addressed, as are the circumstances in which capabilities, transactions and scale-scope considerations interact. With the emergence of the knowledge-based economy and the increasing pressure of global competition, the development of capabilities is acquiring ever greater importance in boosting competitiveness. Morroni shows that long-term relational agreements enhance learning processes and offer powerful tools for improving competitiveness in a context of conflicting interests, incomplete knowledge and uncertainty. |
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Другие издания - Просмотреть все
Knowledge, Scale and Transactions in the Theory of the Firm Mario Morroni Недоступно для просмотра - 2009 |
Knowledge, Scale and Transactions in the Theory of the Firm Mario Morroni Недоступно для просмотра - 2006 |
Knowledge, Scale and Transactions in the Theory of the Firm Mario Morroni Недоступно для просмотра - 2006 |
Часто встречающиеся слова и выражения
analysis aspects of organisational asymmetric information basic conditions behaviour bounded rationality business organisations capabilities characteristics cognitive rationality commodities complete contracts costly decision decision-making dimension of scale division of labour Dosi economies of scale efficiency Egidi employees enforcement exchange external favours firm firm’s forecasting ability growth heterogeneous Hodgson implies incomplete forecasting increasing returns individual abilities information and knowledge information-processing ability informational asymmetries innovative activity inputs instance interaction interest internal involves learning processes learning-by-doing linked Loasby managerial Marengo Milgrom and Roberts moral hazard myopia operational opportunism optimisation organisational coordination outcomes ownership parties Penrose perfect rationality performance possible probability distribution production elements production process productive capacities radical uncertainty relational agreements relationship returns to scale risk role Rosenberg routines sequential aiming set-up process social specialisation suppliers tacit knowledge technical theoretical knowledge theory three aspects tion transaction cost economics transaction costs weak uncertainty Williamson
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Стр. 122 - Thus if the animal spirits are dimmed and the spontaneous optimism falters, leaving us to depend on nothing but a mathematical expectation, enterprise will fade and die; — though fears of loss may have a basis no more reasonable than hopes of profit had before.
Стр. 56 - The sense in which I am using the term is that in which the prospect of a European war is uncertain, or the price of copper and the rate of interest twenty years hence, or the obsolescence of a new invention, or the position of private wealth owners in the social system in 1970. About these matters there is no scientific basis on which to form any calculable probability whatever. We simply do not know.
Стр. 248 - Suffice it to observe here that (1) asset specificity refers to durable investments that are undertaken in support of particular transactions, the opportunity cost of which investments is much lower in best alternative uses or by alternative users should the original transaction be prematurely terminated...
Стр. 56 - I do not mean merely to distinguish what is known for certain from what is only probable. The game of roulette is not subject, in this sense, to uncertainty; nor is the prospect of a Victory bond being drawn.
Стр. 122 - Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be taken as a result of animal spirits — of a spontaneous urge to action rather than inaction, and not as the outcome of a weighted average of quantitative benefits multiplied by quantitative probabilities.
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Localised Technological Change: Towards the Economics of Complexity Cristiano Antonelli Недоступно для просмотра - 2008 |