Knowledge, Scale and Transactions in the Theory of the Firm

An important fresh theoretical framework for examining the key influences on the competitiveness of firms.

Auteur

Mario Morroni is Professor of Political Economy in the Department of Economics of the University of Pisa, Italy.

Résumé
In this important and original contribution to the literature on the theory of the firm, Mario Morroni investigates the main influences on the competitiveness of business organisations. The book examines the key roles played by uncertainty and learning in shaping relative performance and organisational boundaries.

Contenu

Figures; Tables; Acknowledgements; Introduction and summary; 1. Basic conditions; 2. Decision making; 3. Organisational co-ordination; 4. Wrestling with uncertainty; 5. Uncertainty-decreasing strategies within firms; 6. By way of a conclusion: growth of the firm as the interplay between the three aspects of organisational co-ordination; Glossary; References.