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Expanding the boundaries of the firm lessons from digitalisation

Dötsch, Jörg (2024) Expanding the boundaries of the firm lessons from digitalisation. GRADUS, 11 (1). ISSN 2064-8014

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Abstract

The theory of the firm provides different approaches to explain the existence and boundaries of organisations. The approach of Coase starts from the underlying principle of coordination and distinguishes between market and organisation with regard to transaction costs. However, the optimisation of organisations can reach the limits of feasibility, which Williamson treated under the term "economics of atmosphere". This contribution first aims to clarify the relation of both theoretical approaches, then to narrow their gaps by placing them into a complexity theory perspective, and finally applies this new point of view exploratively with attention to the conditions of digitalisation.

Item Type: Article
Uncontrolled Keywords: theory of the firm, digitalisation, transaction costs
Subjects: H Social Sciences / társadalomtudományok > HB Economic Theory / közgazdaságtudomány
H Social Sciences / társadalomtudományok > HB Economic Theory / közgazdaságtudomány > HB4 Dynamics of the economy / gazdasági folyamatok
H Social Sciences / társadalomtudományok > HF Commerce / kereskedelem
H Social Sciences / társadalomtudományok > HF Commerce / kereskedelem > HF5001-6182 Business management / üzleti menedzsment
Q Science / természettudomány > QA Mathematics / matematika > QA76.527 Network technologies / Internetworking / hálózati technológiák, hálózatosodás
SWORD Depositor: MTMT SWORD
Depositing User: MTMT SWORD
Date Deposited: 22 May 2024 13:56
Last Modified: 22 May 2024 13:56
URI: https://real.mtak.hu/id/eprint/195463

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