This paper considers the idea that the nature of corporations has changed since traditional corporate reorganization was introduced, and the arguments that corporate reorganization may no longer be necessary due to the changing nature of the firm. To do that, it is necessary to contemplate the...

What insights can be gained from bringing the theory of the firm to the global economy? I discuss several new features of the world economy that can be explained by incorporating the theory of the firm into the theory of international trade. Among the new features I discuss are the move to...

The Competence-based Theory of the Firm (CbTF) aims to explain the existence of a firm in comparison to other modes of coordination. Organizational culture is one element of the organizational ambiance that only firms have. In this conceptual work we show the relevance of organizational culture...

This handbook assesses the contemporary relevance, purpose, and performance of the corporation. The corporation is one of the most significant, if contested, innovations in human history, and the direction and effectiveness of corporate law, corporate governance, and corporate performance are...

This article constructs a theory of the location of transactions and the boundaries of firms in a productive system. It proposes that systems of production can be viewed as networks, in which tasks-cum-agents are the nodes and transfersmdash;of material, energy and informationmdash;between tasks...