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

• Record Nr.: UNISA996199893403316
• Autore: Sautet Fr d ric E.
• Pubbl/distr/stampa: London ; ; New York : , : Routledge, , 2000
• ISBN: 0-429-23257-8; 1-134-58292-7; 1-280-03747-4; 1-134-58293-5; 0-585-45310-1; 0-203-46665-9
• 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.