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PRODUCTION KNOWLEDGE A MARSHALLIAN PERSPECTIVE ON POST-COASIAN THEORIES OF THE FIRM
PRODUCTION KNOWLEDGE MARSHALLIAN PERSPECTIVE POST-COASIAN THEORIES OF THE FIRM
2014/6/24
In 1937, Coase published ‘The Nature of the Firm’, in which the idea that using the market has a cost was introduced for the first time. Later developed by Williamson, the transaction costs theory of ...
Knowledge: a Challenge for the Austrian Theory of the Firm
Knowledge Challenge for the Austrian Theory Firm
2014/6/27
In this paper I argue that the unequal distribution of knowledge implies that an Austrian theory of the firm must investigate two items. The first is the growth of knowledge within the firm (learning ...