Whatever F.A. Hayek meant by "knowledge" could not have been the justified true belief conception common in the Western …'s unique definition of knowledge. …

measurement theory and practice to recent work (a) integrating human, social, and natural capital into a comprehensive economic …

This essay draws on the transaction costs model of the firm and an Austrian perspective on the knowledge problem in … centrally planned orders to propose an empirically useful Austrian theory of central planning. Afteran initial review of … existing theories of the firm, part two develops insights from the calculation debate to sketch a theory of planning centered …

and reach beyond the boundaries of the firm. Accordingly, technology transfer from providers of knowledge intensive … strategic goals. Our stylized theoretical model combines a knowledge production function framework and transaction cost … economics. We hypothesize that the right balance between internal and external knowledge is critical for innovation. The …

? Friedrich A. Hayek thought it was the economy of knowledge with which the system operated, whereas for Joseph A. Schumpeter it … was the process of creative destruction. To our knowledge, the divergence of thought between these two Austrian …

economics, law, organizati on theory, politi cal sciences, sociology, and anthropology. The main theories which are part of the … New Insti tuti onal Economics are: Agency Theory, Property Rights Theory and Transaction Costs Theory. The basic …