1.

Record Nr.

UNINA9910666431403321

Autore

Sautet Frédéric E

Titolo

An entrepreneurial theory of the firm / / Frederic E. Sautet ; with a foreword by Israel M. Kirzner

Pubbl/distr/stampa

London ; ; New York, : Routledge, 2000

ISBN

9780429232572

0429232578

9781134582921

1134582927

9781280037474

1280037474

9781134582938

1134582935

9780585453101

0585453101

9780203466650

0203466659

Edizione

[1st ed.]

Descrizione fisica

1 online resource (202 p.)

Collana

Foundations of the market economy

Disciplina

338.5

Soggetti

Industrial organization (Economic theory)

Transaction costs

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 165-176) and index.

Nota di contenuto

Book Cover; Title; Contents; List of figures; Foreword; Acknowledgments; GENERAL INTRODUCTION; THE ECONOMICS OF THE FIRM, THE MARKET THEORY PROBLEM AND TRANSACTION COST ECONOMICS; The four rationales of the firm; The Market Theory Problem; The MTP and transaction cost economics; A brief assessment of two relevant alternatives to the transaction cost view; Are the above approaches sufficient?; Conclusion: the MTP and beyond; THE LACHMANNIAN PROBLEM, THE PROMOTER AND THE EMERGENCE OF THE FIRM; On the importance of the prime mover: the entrepreneur; A view of the Lachmannian problem



The limits of the transaction costs perspectiveA theory of the emergence of the firm: the exploitability thesis; Towards a solution to the Lachmannian problem; The distinctive nature of the firm; Conclusion; CAPABILITIES, ENTREPRENEURSHIP, CENTRAL PLANNING AND THE GROWTH OF THE FIRM; An Austrian view of capabilities theory; Knowledge problems, incentives, capabilities and the complex firm; The multidivisional corporation as the archetype of the complex firm; Concluding remarks; GENERAL CONCLUSION; Notes; Bibliography; Index

Sommario/riassunto

This original, provocative work makes a thorough and comprehensive enquiry into the relationship that exists between firms and markets, with separate, in-depth examinations of both the existence and inner organisation of the firm. Sautet develops an accomplished and convincing theory that encompasses a wealth of existing literature and leads it in an entirely new direction.