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In this paper we want to analyze the internal divisional structure within an organi-zation in the framework of incomplete contract theory. We use the framework of Aghionand Tirole (1997) and define the managerial control structure as sequence of search.A key feature of this paper which...
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This paper examines characteristics and limitations of past and current manufacturing organizations, and it extends their frontiers by proposing technological, managerial and organizational capabilities which configure the new face of the industrial organization in the 21st century. From such an...
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