Organizational Design, Technology and the Boundaries of the Firm
Focus (specialization) improves productivity but leads to more dependency and opens a door for holdup problems. We analyse how organizational design interacts with the allocation of ownership in minimizing the holdup problem. We identify a new cost of integration: inefficient organizational design in an integrated firm. We also show that the boundaries of the firm depend on technology. Copyright (c) The London School of Economics and Political Science 2009.
Year of publication: |
2010
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Authors: | HALONEN-AKATWIJUKA, MAIJA |
Published in: |
Economica. - London School of Economics (LSE). - Vol. 77.2010, 307, p. 544-564
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Publisher: |
London School of Economics (LSE) |
Saved in:
freely available
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