Knowledge, Scale and Transactions in the Theory of the Firm (Paperback)

Firms in market economies vary enormously in size, nature and competitiveness. In this important contribution to the literature on the theory of the firm, Mario Morroni provides a fresh analytical framework which improves our understanding of the causes of this diversity in organisational design and performance. The relations between internal and external basic conditions, decision-making mechanisms and organisational co-ordination are addressed, as are the circumstances in which capabilities, transactions and scale-scope considerations interact. With the emergence of the knowledge-based economy and the increasing pressure of global competition, the development of capabilities is acquiring ever greater importance in boosting competitiveness. Morroni shows that long-term relational agreements enhance learning processes and offer powerful tools for improving competitiveness in a context of conflicting interests, incomplete knowledge and uncertainty.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Release date:	November 2009
First published:	August 2009
Authors:	Mario Morroni
Dimensions:	229 x 152 x 21mm (L x W x T)
Format:	Paperback - Trade
Pages:	372
ISBN-13:	978-0-521-12318-1
Categories:	Books > Business & Economics > Industry & industrial studies > General
LSN:	0-521-12318-6
Barcode:	9780521123181

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