We develop a theory of a firm in an incomplete contracts environment which decides on its complexity, organization, and global scale. Specifically, the firm decides i) how thinly it wants to slice its production process by choosing the mass of symmetric intermediate inputs that are...

We develop a theory of a firm in an incomplete contracts environment which decides on the complexity, the organization, and the global scale of its production process. Specifically, the firm decides i) how many intermediate inputs are simultaneously combined to a final product, ii) if the...

"The book tells the story on how China is creating a deeply connected world that is beginning to shape global investment, innovation and consumption patterns. The book is based on more than 200 interviews with Asia's e-commerce entrepreneurs and their biggest investors including: Tencent,...