Organisational boundaries can be analysed via a variety of lenses – organisational design principles, transaction cost economics, property rights and agency theory, amongst others. We review these before taking a knowledge-based perspective to firstly explain how the boundaries of the firm are...

By using a large new panel of individual data, including objective measures of worker performance, we provide some of the most rigorous evidence to date on several related dimensions of enduring debates surrounding upward-sloping earnings-tenure profiles. Most importantly we provide the first...