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theory of the firm, particularly with regard to innovation and routine. …
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The firm is the central actor for the effectuation of innovation and technological change. The large industrial … management requires limited hierarchy, flexible teams, and performance-based incentives. To encompass these realities, the theory … are advanced as two emerging concepts of particular relevance to a theory of the innovating enterprise earning above …
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the way economists theorize about and analyze a number of topics central to the discipline. One is the theory of the firm … in industries where technological and organizational innovation is important. Indeed a large literature has grown up on … ways they evolve over time. Another domain concerns the nature of competition in such industries, wherein innovation and …
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This paper offers a sketch of what an economic theory of the firm would look like if it were founded on the thought of … Joseph Schumpeter, particularly on Chapters 1-2 of his Theory of Economic Development. Schumpeterian analysis requires an … particular, a conceptualization relevant to complex organizations and complex tasks. It is argued that the production theory …
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