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Firm Size Effects on Transaction Costs

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Author Info
 Nooteboom, Bart

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Abstract

Associated with effects of scale, scope, experience and learning, there are effects of firm size on transaction costs; in the stages of contact, contract and control. These effects are due to "threshold costs" in setting up contacts, contracts and governance schemes, and to differences with respect to the factors that cause transaction costs: bounded rationality, opportunism, uncertainty and transaction specificity of assets. Implications are considered for firm strategy and public policy. Copyright 1993 by Kluwer Academic Publishers

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Publisher Info
Article provided by Springer in its journal Small Business Economics.

Volume (Year): 5 (1993)
Issue (Month): 4 (December)
Pages: 283-95
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Handle: RePEc:kap:sbusec:v:5:y:1993:i:4:p:283-95

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  1. Jan de Kok & Lorraine M. Uhlaner, 2001. "Organization Context and Human Resource Management in the Small Firm," Tinbergen Institute Discussion Papers 01-038/3, Tinbergen Institute. [Downloadable!]
    Other versions:
  2. Sjöquist, Pernilla, 1996. "Small Scale Industries, Transactions Costs and Reform: The Case of Tanzania," Working Paper Series in Economics and Finance 124, Stockholm School of Economics. [Downloadable!]
  3. Nooteboom, B., 2007. "Service Value Chains and Effects of Scale," Discussion Paper 2007-3, Tilburg University, Center for Economic Research. [Downloadable!]
  4. Uschi Backes-Gellner & Arndt Werner, 2003. "Entrepreneurial Signaling: Success Factors for Innovative Start-Ups," Working Papers 0055, University of Zurich, Institute for Strategy and Business Economics (ISU), revised Mar 2004. [Downloadable!]
  5. Robert Vossen, 1999. "Market Power, Industrial Concentration and Innovative Activity," Review of Industrial Organization, Springer, vol. 15(4), pages 367-378, December. [Downloadable!] (restricted)
  6. Uschi Backes-Gellner & Arndt Werner, 2007. "Entrepreneurial Signaling via Education: A Success Factor in Innovative Start-Ups," Small Business Economics, Springer, vol. 29(1), pages 173-190, June. [Downloadable!] (restricted)
  7. Kok, J.M.P. de & Uhlaner, L.M. & Thurik, A.R., 2003. "Human Resource Management With Small Firms; Facts And Explanations," Research Paper ERS-2003-015-STR Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
  8. Edward Feser, 2004. "Agglomeration, Enterprise Size, and Productivity," Working Papers 04-15, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
  9. Radkevitch, U.L. & Heck, H.W.G.M. van & Koppius, O.R., 2007. "Portfolios of Exchange Relationships: An Empirical Investigation of an Online Marketplace for IT Services," Research Paper ERS-2007-035-LIS Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
  10. Butter, Frank A.G. den & Gameren, Edwin van & Kok, Jan M.P. de, 2001. "The effects of transaction costs and human capital on firm size : a simulation model approach," Serie Research Memoranda 0010, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics. [Downloadable!]
    Other versions:
  11. Verwaal, E. & Donkers, A.C.D., 2001. "Customs-Related Transaction Costs, Firm Size and International Trade Intensity," Research Paper ERS-2001-13-MKT Revision_, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
    Other versions:
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