Hodgson, Geoffrey - In: International Journal of the Economics of Business 9 (2002) 1, pp. 37-60
A sharp conceptual distinction used to be drawn between the firm and the market. However, since the 1970s, many economists and sociologists have argued that the boundaries of the firm are indistinct. Ideas emerged of 'internal markets' within firms, of the 'quasifirm', of 'hybrid firms' and of...