Capabilities, Transaction Costs, and Firm Boundaries

Volume: 23, Issue: 6, Pages: 1643 - 1657
Published: Nov 1, 2012
Abstract
Although the literature on firm boundaries has been greatly influenced by transaction cost economics, strategy scholars often emphasize the importance of capabilities considerations in these decisions. This has led to a debate that, we suggest, has generated more heat than light. We argue that the two sets of considerations are in fact so intertwined dynamically that treating them as independent, competitive explanations is fundamentally...
Paper Details
Title
Capabilities, Transaction Costs, and Firm Boundaries
Published Date
Nov 1, 2012
Volume
23
Issue
6
Pages
1643 - 1657
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