Information and Organization: A New Perspective on the Theory of the Firm

Published: Jan 1, 2001
Abstract
This book offers a vision of the economy as a system of structured information flow. The structuring is effected by institutions, and in particular by firms, which specialize in processing the information needed to allocate resources properly. Firms are the institutional embodiment of the visions of individual entrepreneurs who believe that they have found a better way of allocating resources. Entrepreneurial vision is only a partial vision,...
Paper Details
Title
Information and Organization: A New Perspective on the Theory of the Firm
Published Date
Jan 1, 2001
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