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Levels without Bosses? Entrepreneurship and Valve’s Organizational Design

Möller, Ulrich; McCaffrey, Matthew - 2021

Valve is a “flat” company without a management hierarchy or traditional boss roles: instead of top-down organization and management, Valve employees are free to work on whatever projects they choose and to convince other employees to join collaborative groups. Decision-making is thus...

Persistent link: https://www.econbiz.de/10013219492

'When Henry Met Fritz' : Rules as Organizational Frameworks for Emergent Strategy Process

Foss, Nicolai J.; McCaffrey, Matthew; Dorobat, Carmen-Elena - 2021

consequences. Hayek also extends Mintzberg's work by showing how rules in the firm capture adaptive, experiential, tacit, and …-substitutable resources that enable the firm to fully exploit its competitive advantage …

Persistent link: https://www.econbiz.de/10013222215

Who Should Own the League? Transaction Costs and the Structure of NBA Ownership

Nonnenmacher, Tomas; Gerard, David - 2021

Like many professional sports leagues worldwide, the National Basketball Association is organized as a cooperative of team owners. We argue that league ownership structures must balance two types of transaction costs: the costs of contracting with stakeholders of the league, importantly players,...

Persistent link: https://www.econbiz.de/10013223227

The Evolution of the Global Digital Platform Economy : 1971-2021

Acs, Zoltan J.; Song, Abraham; Szerb, László; … - 2021

The emergence of digital technologies has significantly reduced the economic costs of data—search, storage, computation, transmission—and enabled new economic activities. Over the years, firms able to create a platform-based ecosystem have become a force of “creative destruction.”...

Persistent link: https://www.econbiz.de/10013238792

The Theory of the Firm : An Overview of the Economic Mainstream, Revised Edition

Walker, Paul - 2021

, the division of labour and the firm - both pre and post-1970, ownership of the firm and the human capital based firm …. Additions have been made to sections on entrepreneurship, the incomplete contracts approach to the firm, the discussion of Coase …’s paper on the ‘The Nature of the Firm’, the discussion of industry-level analysis versus intra-firm analysis, reasons for …

Persistent link: https://www.econbiz.de/10013241197

Organizational Forgetting as Strategy

Ciulu, Ruxandra - 2010

Within the field of knowledge management, the concepts of organizational learning and organizational forgetting are considered somehow opposite. But are we able to learn without forgetting‘ If maintained within the organization, useless knowledge can become a barrier to new knowledge, also...

Persistent link: https://www.econbiz.de/10013148760

Impact of Knowledge Management on Sustainable Development in the Innovative Economy

Roblek, Vasja - 2014

The purpose of this paper is to research the meaning of the sustainable development in the innovation economy. Knowledge processes in an innovative economy seem to open up new and varied avenues to be explored in the direction of sustainability. Innovative economic theory in contrast to...

Persistent link: https://www.econbiz.de/10013062354

Contracts, Entrepreneurs, Market Creation and Judgement : The Contemporary Mainstream Theory of the Firm in Perspective

Walker, Paul - 2014

This survey gives an overview of the theory of the firm as it is formulated within the contemporary 'mainstream' of … discussion of Spulber's book "The Theory of the Firm". Last we consider the entrepreneurial judgement perspective …

Persistent link: https://www.econbiz.de/10013063667

Economics & Corporate Culture

Hermalin, Benjamin E. - 2000

This is a draft of a chapter for the forthcoming Handbook of Corporate Culture. It surveys some of the existing literature on the economics of corporate culture and discusses how the existing literature on the economics of organization can be tied to research on corporate culture or given a...

Persistent link: https://www.econbiz.de/10012743573

When is FDI a Capital Flow?

Marin, Dalia - 2009

In this paper we analyze the conditions under which a foreign direct investment (FDI) involves a net capital flow across countries. Frequently, foreig direct investment is financed in the host country without an international capital movement. We develop a model in which the optimal choice of...

Persistent link: https://www.econbiz.de/10012719739