This paper builds upon confrontation of contractual theory of the firm based on Hart et Moore (1990) with recent evidences on vertical disintegration of value chains. We identify a progressive redefinition of nature and role of the firm in these theories. Ownership are no more required for...

The EC REACH regulation was enforced the 1st June 2007. REACH requires undertakings to prove the environmental and sanitary innocuousness of their chemical substances. The implementation of this regulation involves the production and exchange of a significant amount of technical and competitive...

The aim of this paper is to reconsider the link between integration and disintegration. We argue that the conception of this link depends on the way one defines the firm and its coordinating role. We focus on studying the human capital-intensive firm. We explain that coordination by this kind of...

Growth of international outsourcing, has been a dominant feature of the international economy. Recent theoretical developments have focused on firm behaviour and its consequences on trade structure, through the introduction of the modern theory of the firm. In a first section, we link this new...

This article addresses the question of data-sharing mechanisms under REACH. The members of an information exchange forum have to share their data. This exchange requires the adoption of a compensation scheme : the owner of a data receives a monetary compensation in return for the access to...

The aim of this paper is to reconsider the link between vertical integration and disintegration which are traditionally opposed in the literature. The conception of integration and disintegration closely depends on the way we define the firm and its role. This paper focuses on human...