In 1937, Ronald H. Coase published "The Nature of the Firm," a classic paper that raised fundamental questions about the concept of the firm in economic theory. Coase proposed that the comparative costs of organizing transactions through markets rather than within firms are the primary determinants of the size and scope of firms. Coase won the 1991 Nobel Prize in Economics for this work. This volume derives from a conference held in 1987 to commemorate the fiftieth anniversary of the publication of Coase's classic article. The first chapter affords an overview of the volume. It is followed by...
In 1937, Ronald H. Coase published "The Nature of the Firm," a classic paper that raised fundamental questions about the concept of the firm in econom...
In this book, the editors and a team of distinguished international contributors analyse the nature of organizational capabilities--how organizations do things, use their knowledge base, and diffuse that knowledge in a competitive environment.
In this book, the editors and a team of distinguished international contributors analyse the nature of organizational capabilities--how organizations ...
In this book, the editors and a team of distinguished international contributors analyse the nature of organizational capabilities--how organizations do things, use their knowledge base, and diffuse that knowledge in a competitive environment.
In this book, the editors and a team of distinguished international contributors analyse the nature of organizational capabilities--how organizations ...
This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms.
To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and...
This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus th...
