Title: On the Determination and Evolution of the Firm's Property Rights
Abstract:The firm's property rights structure is the synthetic result of the distribution of labor property rights and factor property rights. Its rational state depends on the share of the surplus which is cr...The firm's property rights structure is the synthetic result of the distribution of labor property rights and factor property rights. Its rational state depends on the share of the surplus which is created by the organization's collective knowledge, the input coefficient and output coefficient of each kind factor. Preference, endowment and technology just through affecting those three parameters to dominate the evolution of the property rights structure of the firm.Read More
Publication Year: 2004
Publication Date: 2004-01-01
Language: en
Type: article
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