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Theories of the Firm: Contractual and Competence Perspectives Author info | Abstract | Publisher info | Download info | Related research | Statistics Foss, Nicolai Juul
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The article compares alternative approaches to the theory of the firm. The two main approaches confronted are the contractual (Coasian) perspective and the competence (evolutionary) perspective. Whereas, the firma as a repository of tacit knowledge is neglected in the contractual perspectives, it occupies center stage in the competence perspective. It is argued that the competence perspective is not only applicable an understanding of the sources of firms' competitive advantage, but may also be applied to the issues of the existence and the boundaries, of the firm. This means that a distinct theory of the firm can be constructed on the basis of evolutionary theory.
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Article provided by Springer in its journal Journal of Evolutionary Economics .
Volume (Year): 3 (1993)
Issue (Month): 2 (May)
Pages: 127-44
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Handle: RePEc:spr:joevec:v:3:y:1993:i:2:p:127-44Contact details of provider: Web page: http://link.springer.de/link/service/journals/00191/index.htm
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Vladislav Valentinov, 2007.
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Giovanni Dosi & Mike Hobday & Luigi Marengo & Andrea Prencipe, 2002.
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Nicolai J. Foss, .
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Richard N. Langlois & Nicolai J. Foss, 1996.
"Capabilities and Governance the Rebirth of Production in the Theory of Economic Organization ,"
Working papers
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Other versions:
Richard N. Langlois & Nicolai J. Foss, 1997.
"Capabilities and Governance the Rebirth of Production in the Theory of Economic Organization ,"
DRUID Working Papers
97-2, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
[Downloadable!] Langlois, Richard N & Foss, Nicolai J, 1999.
"Capabilities and Governance: The Rebirth of Production in the Theory of Economic Organization ,"
Kyklos ,
Blackwell Publishing, vol. 52(2), pages 201-18.
Edward Lorenz, 1999.
"Organisational Innovation, Governance Structure and Innovative Capacity In British and French Industry ,"
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Nicolai J. Foss & Peter G. Klein, 2004.
"Entrepreneurshoip and the Economic Theory of the Firm Any Gains from Trade? ,"
DRUID Working Papers
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Nicolai J. Foss, 1996.
"Capabilities and the Theory of the Firm ,"
DRUID Working Papers
96-8, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
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Adrian Bridge & Clem Tisdell, 2006.
"The determinants of the vertical boundaries of the construction firm: response ,"
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Fritz Rahmeyer, 2006.
"From a Routine-Based to a Knowledge-Based View: Towards an Evolutionary Theory of the Firm ,"
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Nicolai J. Foss, .
"The Boundary School ,"
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John H. Finch, 1998.
"The Re-employment Experiences of Former Aerospace Employees Within a Local Economy ,"
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Nicolai J. Foss, 1999.
"Understanding Leadership A Coordination Theory ,"
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99-3, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
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Nathalie Lazaric & Luigi Marengo, 1997.
"Towards a Characterisation of Assets and Knowledge Created in Technological Agreements Some Evidence from the Automobile-Robotics Sector ,"
DRUID Working Papers
97-8, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
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Other versions: Nicolai J. Foss, 1996.
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Thomas Grebel & Andreas Pyka & Horst Hanusch, 2001.
"An Evolutionary Approach to the Theory of Entrepreneurship ,"
Discussion Paper Series
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Afonso Rodríguez, J. A. & Bruno Pérez, N. A. & J.Giner Rubio, 2004.
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Nicolai Foss, .
"Market Process Economics and the Theory of the Firm ,"
IVS/CBS Working Papers
98-6, Department of Industrial Economics and Strategy, Copenhagen Business School.
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Fikret Adaman & Pat Devine, 2002.
"A Reconsideration of the Theory of Entrepreneurship: a participatory approach ,"
Review of Political Economy ,
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Nicolai J. Foss, 1999.
"Capabilities, Confusion, and the Costs of Coordination On Some Problems in Recent Research On Inter-Firm Relations ,"
DRUID Working Papers
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