Pattern in Corporate Evolution
Oxford University Press, 2000 - 319 lappuses
Questions relating to the existence and nature of firms have become major issues in economics in recent years. In this major new work, Neil Kay provides original explanations for many individual phenomena in this area. The analysis is set in the context of an integrative framework foranalysing the boundaries and structure of the firm.The book analyses the firm as a complex system in which links composed of shared resources constitute basic building blocks. The evolution of the firm from simple beginnings to complex system is then studied in a number of areas, including vertical integration, diversification, multi- nationalenterprise, joint venture, alliance, network, and internal organization.Neil Kay's analysis advances current theories of the firm and will be essential reading for students and academics in the areas of business economics, strategic management, and organization theory.
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Links and Patterns
Setting out the Framework
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activity advantage agreements alliances alternative analysis appear approach argued arguments arrangements assets associated behaviour boundaries cent Chapter collaborative compared competencies complementary complexity components concerned conglomerate considerations consistent context contract cooperative coordination corporate corporate strategy decisions depend discussed diversification divisions economics efficiency evidence evolution example existence expansion explain exploit FIGURE firm functions further hierarchy implications important individual industry interest internal involved issues joint venture limited linkages look M-form major means merger move multinational nature neoclassical networks operate opportunities option organization organizational particular patterns perspective possible potential problem question reasons related-linked relationships respective SALES selection shared single solution specialized specificity stage strategy structure studies suggests synergy task technological tend theory tion transaction cost turn typically various vertical integration Williamson