65 Citations
Technical assets and property rights
- Economics
- 2013
In standard neoclassical theory a double neutrality holds: the nature of the technical assets employed in production does not influence property rights and vice versa the property right structure…
Notes on Institutional Complementarities and Organizational Forms
- Economics
- 2013
This paper analyses the concept of organizational forms, and derives some implications for the economics of production organization. To this end, after pointing out the role of knowledge in the…
Finance and Technology: A Comparative Institutional Analysis of the Firm
- Economics
- 2002
In this paper we investigate a rationale for co-evolution of financial and technological structures in modern firms according to the Comparative Institutional Analysis Approach (CIA). Starting from…
ESSAYS ON INSTITUTIONAL COMPLEMENTARITIES, ORGANIZATIONAL FORMS AND KNOWLEDGE ECONOMY
- Economics, Business
- 2013
This paper analyses the concept of organizational forms, and derives some implications for the economics of production organization. To this end, after pointing out the role of knowledge in the…
Organizational forms in the knowledge economy: a comparative institutional analysis
- Economics, Business
- 2013
This paper provides a framework with which to analyze organizational forms in the knowledge economy. We focus on an important trade-off facing modern firms: firms can acquire the property of all the…
Continuity and Change in Italian Corporate Governance: The Institutional Stability of One Variety of Capitalism
- Economics
- 2002
For a long time family capitalism has been considered to be one of the distinguishing characteristics of the Italian economy. In Italy also large business organizations rely very often on this form…
Costly institutions as substitutes: novelty and limits of the Coasian approach
- EconomicsJournal of Institutional Economics
- 2014
Abstract One of the main contributions of Ronald H. Coase was to demonstrate how mainstream economics was based on a contradictory amalgam of costly physical inputs and free institutional resources,…
Costly institutions as substitutes: novelty and limits of the Coasian approach
- Economics
- 2015
One of the main contributions of Ronald H. Coase was to demonstrate how mainstream economics was based on a contradictory amalgam of costly physical inputs and free institutional resources, and to…
Co-Evolution Paths of Politics, Technology and Corporate Governance
- Economics
- 2005
According to Mark Roe, politics influences corporate governance. The separation between control and ownership is only possible when there is a low “degree of social democracy”. By contrast, systems,…
References
SHOWING 1-10 OF 31 REFERENCES
THEORY OF THE FIRM: MANAGERIAL BEHAVIOR, AGENCY COSTS AND OWNERSHIP STRUCTURE
- Economics, Business
- 1976
In this paper we draw on recent progress in the theory of (1) property rights, (2) agency, and (3) finance to develop a theory of ownership structure for the firm.1 In addition to tying together…
Property Rights and the Nature of the Firm
- Business, EconomicsJournal of Political Economy
- 1990
This paper provides a framework for addressing the question of when transactions should be carried out within a firm and when through the market. Following Grossman and Hart, we identify a firm with…
Organizational Equilibria and Production Efficiency
- Economics
- 1992
New Institutional Theory has pointed out mechanisms by which technology can influence property rights and organizational forms. We argue that the argument can be integrated and enriched by using also…
Bargaining and Influence Costs and the Organization of Economic Activity
- Economics
- 1987
This chapter is concerned with the economics of organization and management, a relatively new area of study that seeks to analyze the internal structure and workings of economic organizations, the…
Authority, co-ordination and disequilibrium: an explanation of the co-existence of markets and firms
- Economics, Business
- 1992
Property Rights, Asset Specificity, and the Division of Labour Under Alternative Capitalist Relations
- Economics
- 1989
Is the division of labor under capitalism because of transaction and technological efficiency or because of inefficient capitalist property rights? The answer of this paper is that under "classical"…
An evolutionary theory of economic change
- Economics
- 1982
This study develops an evolutionary theory of the capabilities and behavior of business firms operating in a market environment. It includes both general discussion and the manipulation of specific…
The Nature of the Firm
- Economics
- 1937
Economic theory has suffered in the past from a failure to state clearly its assumptions. Economists in building up a theory have often omitted to examine the foundations on which it was erected.…
The Production Process in a Competitive Economy: Walrasian, Neo-Hobbesian, and Marxian Models
- Economics
- 1985
ed from in consideration of efficiency. Indeed, as we shall see in the penultimate section, the assertion that the class structure of capitalism induces a particularly high level of work resistance…
Sources, Procedures, and Microeconomic Effects of Innovation
- Business
- 1988
Evaluates the processes leading from the initial ideas for technological opportunities to serious innovative attempts, and finally, to changes in the structures and performance of industries.…