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Zusammenfassung Die Bedeutung von Transaktionskosten für die wirtschaftliche Entwicklung war in den letzten Jahrzehnten … Kontroverse um die Frage ins Auge, ob der beobachtete Anstieg des Anteils der Transaktionskosten an der Wertschöpfung in …
Persistent link: https://www.econbiz.de/10014608779
economics and management can be expected and they echo the papers in this special issue. Practical implications – The paper … economic approach of the firm. Originality/value – The paper offers an agenda of how economics and management could be reunited …
Persistent link: https://www.econbiz.de/10014906688
out the distribution function. Shows how the concepts of transaction cost economics, particularly asset specificity and …
Persistent link: https://www.econbiz.de/10014793984
Purpose – Aims to prove that a firm's perception of the strategic nature of supply depends on how it defines its competitive advantage within the marketplace. Design/methodology/approach – Data were collected using a random stratified cross‐sectional design from 142 large manufacturing...
Persistent link: https://www.econbiz.de/10014789764
In contrast to traditional welfare economics, new institutional economics has made a major contribution to analyzing … institutional economics.  …
Persistent link: https://www.econbiz.de/10014805122
The conclusion of this paper is that market prices fail to reflect the information required to provide meaningful accounting measurements that are used in real‐life decision making. This failure is due to the employment of an “ideal” economic world’s assumptions that do not, and cannot,...
Persistent link: https://www.econbiz.de/10014806214
Zusammenfassung Auf der Basis eines zusammengefügten Datensatzes aus dem IAB-Betriebspanel und der Historikdatei der Beschäftigtenstatistik wurde für 1995 für das westdeutsche Produzierende Gewerbe ein Translog-Kostensystem für sechs Qualifikationsgruppen (Arbeiter und Angestellte jeweils...
Persistent link: https://www.econbiz.de/10014608671
Abstract A principal needs a worker for the production of a good. The worker can be hired as an internal agent, or an external agent under a contract. These two organizational modes correspond to in-house production and outsourcing, respectively. In each case, the agent earns experience...
Persistent link: https://www.econbiz.de/10014586874
Summary The focus of evolutionary economics is a process of continuous and irreversible economic and organizational …-Schumpeterian evolutionary economics is elaborated. Evolution is understood as a process of change that leads to the adaptation of complex … evolutionary economics includes the determinants of new knowledge and innovations into its analysis. Business enterprises not only …
Persistent link: https://www.econbiz.de/10014609432
Summary Does evolutionary theory help, for a theory of the firm, or, more widely, a theory of organization? In this paper I argue that it does, to some but also limited extent. Evolutionary theories of economies, and of culture, have acquired considerable following, but have also been subject to...
Persistent link: https://www.econbiz.de/10014609505