Birger Wernerfelt,
Birger (Massachusetts Institute of Technology) Wernerfelt
Cambridge University Press
e druk, 2016
9781107134409
Adaptation, Specialization, and the Theory of the Firm
Foundations of the Resource-Based View
Specificaties
Gebonden, 324 blz.
|
Engels
Cambridge University Press |
e druk, 2016
ISBN13: 9781107134409
Rubricering
Levertijd ongeveer 8 werkdagen
Samenvatting
This invaluable book provides the foundations for a new theory of the firm, drawing on Birger Wernerfelt's landmark work on economic theory and the resource-based view of the firm. It addresses a vigorous and long-standing academic debate over what exactly a 'firm' is, both in the field of management and economics. Wernerfelt revisits his classic articles, including an extensively revised 'A Resource-Based View of the Firm' (1984), which have been updated and synthesized to provide precise and accessible concepts and predictions. By offering future directions for research and practice, this book will be of interest to students and scholars of management and economics alike.
Specificaties
ISBN13:9781107134409
Taal:Engels
Bindwijze:Gebonden
Aantal pagina's:324
Uitgever:Cambridge University Press
Inhoudsopgave
Preface; Part I. Agenda: 1. Introduction; 2. Preview: small forces, high frequencies, and large firms; Part II. The Main Argument: 3. Adaptation costs in one dimension: firms, contracts, and price lists; 4. Adaptation costs in three dimensions: firms, markets, and contracts; 5. All adaptations are not the same: the scope of firms and the size of markets; 6. Resources and the scope of the firm; Part III. Implications: 7. The allocation of asset ownership; 8. Communication within and between firms; 9. The power of incentives within and between firms; 10. Decision-making in large organizations; Part IV. Empirical Tests: 11. Bargaining costs: existence and sub-additivity; 12. Adaptation frequency and the boundary of the firm; 13. Asset ownership and externalities; Part V. Foundations: 14. Endogenously incomplete contracts; 15. Multiple equilibria and firm heterogeneity; 16. On the endogenous amplification of small differences; Part VI. Postscript: 17. Summary and final reflections; Index.