000 02266naa a2200241uu 4500
001 8316
003 OSt
005 20190211154429.0
008 021114s2005 xx ||||gr |0|| 0 eng d
100 1 _aMADHOK, Anoop
_96459
245 1 0 _aReassessing the fundamentals and beyond :
_bRonald Coase, the transaction cost and resource-based theories of the firm and the institutional structure of production
260 _c2002
520 3 _aIn this paper, three points are argued. The first is that Ronald Coase, best know as the forefather of transaction cost theory, foresaw many of the critical questions that proponents of the resource-based view are concerned with today. The second is that resource-based theory plays a potentially much more critical role in economic theory and in explaining the institutional structure of complete understanding of the organization of economic activity requires a greater sensitivity to the interdependence of production and exchange relations. The arguments presented in this paper highlight important, but relatively ignored, elements in Coase's work that inform strategy research. More importantly, this paper makes te case for a triangular alignment between the triumvirate of governance structure, transaction, and resource attributes and demonstrates how the identity and strategy of a particular firm influences how its resources interact with the transaction and how the firm chooses to govern it. The general argument is then applied to the context of interfirm collaborative relations, where the key focus is broadened from just cost to also include skills/knowledge and the interdependence between cot and skill with respect to firm boundaries, both in terms of choice and nature. Such a broadnening of focus enables us to additionally examine the transacting process as productive endeavor, which underpins the co-evolution of the competencies of partner firms
650 4 _aTransaction Costs
_917481
650 4 _aResource-Based Theory
_917482
650 4 _aGovernance
_912406
650 4 _aInterfirm Cooperation
_917483
650 4 _aFirm Boundaries
_917484
773 0 8 _tStrategic Management Journal
_g23, 6, p. 535-550
_d, 2002
_w
942 _cS
998 _a20021114
_bLucima
_cLucimara
998 _a20060612
_b1722^b
_cQuiteria
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c8462
_d8462
041 _aeng