Title: Knowledge Structure, Border of Enterprise and Ownership Efficiency of an Enterprise
Abstract:The firm theory of transaction cost economics based on transaction cost in the narrow sense is not convincing when it explains such issues as firm boundaries and the reason of a firm to economize its ...The firm theory of transaction cost economics based on transaction cost in the narrow sense is not convincing when it explains such issues as firm boundaries and the reason of a firm to economize its transaction cost. Employing transaction cost concept in the broad sense as analysis tool, and the reason of a firm to economize its transaction cost as analyzing thread, the paper finally comes up with new judgments on the nature of firm, the vertical border and horizontal border of a firm in the market.Read More
Publication Year: 2004
Publication Date: 2004-01-01
Language: en
Type: article
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