The Evolution of the Theory of the Firm

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The Evolution of the Theory of the Firm

David J. Teece

ISBN10: 178643069X

ISBN13: 978-1786430694

The Evolution of the Theory of the Firm

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title The Evolution of the Theory of the Firm
authors David J. Teece
publisher Edward Elgar Publishing
publishedDate 2019-09-27
description This innovative collection of readings analyses how the theory of the firm evolved from several core concepts and building blocks that underpin this important area of economics. The first volume presents a variety of perspectives from leading scholars in the field before introducing the basic elements of: risk and uncertainty; information and knowledge; bounded rationality and decision making; motives and incentives; resources and capabilities; and transactions. The second volume looks at how the various elements are integrated into the modern Theory of the Firm with the notion of organization coming increasingly to the fore. It focuses on norms; rules and routines; the entrepreneur; governance; hierarchies; co-operation, teams and networks; innovation and appropriability. Together with an introduction by the editors, this collection is an invaluable reference tool for all researchers and students with an interest in the modern theory of the firm, highlighting how it needs to evolve further to address the important management and policy issues of our time.
pageCount 1704
printType BOOK
maturityRating NOT_MATURE
language en

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