Knowledge, Scale and Transactions in the Theory of the Firm (Hardcover) (ISBN-13: 9780521862431)

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.

Author: Mario Morroni
ISBN-10: 0521862434
ISBN-13: 9780521862431
Publisher: Cambridge University Press
Language: English
Published: 05/18/2006
Pages: 372
Format: Hardcover
Weight: 1.50lbs
Size: 9.20h x 5.90w x 1.00d