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Knowledge, Scale and Transactions in the Theory of the Firm

$43.99 (C)

  • Date Published: November 2009
  • availability: Available
  • format: Paperback
  • isbn: 9780521123181

$ 43.99 (C)
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About the Authors
  • 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.

    • Sophisticated yet accessible analysis of the properties, behaviour and growth of the firm
    • Glossary helps to establish a much-needed common vocabulary for key concepts in the theory of the firm
    • A cutting-edge contribution to the debate about the causes of diversity in firms' performance
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    Reviews & endorsements

    "This study, a major contribution to the theory of firm, provides a new analytical framework that improves our understanding of the causes of this diversity in organizational design and performance."
    -Abstracts of Public Administration, Development, and Environment

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    Product details

    • Date Published: November 2009
    • format: Paperback
    • isbn: 9780521123181
    • length: 372 pages
    • dimensions: 229 x 152 x 21 mm
    • weight: 0.55kg
    • availability: Available
  • Table of Contents

    Figures
    Tables
    Acknowledgements
    Introduction and summary
    1. Basic conditions
    2. Decision making
    3. Organisational co-ordination
    4. Wrestling with uncertainty
    5. Uncertainty-decreasing strategies within firms
    6. By way of a conclusion: growth of the firm as the interplay between the three aspects of organisational co-ordination
    Glossary
    References.

  • Author

    Mario Morroni, Università degli Studi, Pisa

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