Knowledge, Scale and Transactions in the Theory of the Firm
By (author) Mario Morroni
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Knowledge, Scale and Transactions in the Theory of the Firm by Mario Morroni
Book DescriptionFirms 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.
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Book DetailsISBN: 9780521862431
(228mm x 152mm x 25mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 18-May-2006
Country of Publication: United Kingdom
Books By Author Mario Morroni
Knowledge, Scale and Transactions in the Theory of the Firm, Paperback (November 2009)
An important fresh theoretical framework for examining the key influences on the competitiveness of firms.
Production Process and Technical Change, Paperback (September 2009)» View all books by Mario Morroni
This 1992 book attempts to unify the economic analysis of the production process in order to understand the effects of technical change.
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Author Biography - Mario Morroni
Mario Morroni is Professor of Political Economy in the Department of Economics of the University of Pisa, Italy.
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