On Some «Dimensions» of the Theory of the Firm
AbstractThe present work contributes to the debate on the theory of the firm. We focus our attention on three aspects: the role of the entrepreneur, the importance of co-ordination mechanisms within and outside the firm, and the fact that the growth of the firm may be governed by stochastic processes. The emphasis on the entrepreneur is justified by the fact that the latter has been often forgotten by the theory. The attention to co-ordination is important in pointing out that firms are not islands closely organised inside and are not connected with other firms and consumers only by pure market relations; here we recall various analyses concerned with business groups. Finally, we refer to Gibrat’s Law as a possible explanation of firms’ growth processes, together with other explanations.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore in its journal Rivista Internazionale di Scienze Sociali.
Volume (Year): 118 (2010)
Issue (Month): 2 ()
Contact details of provider:
Entrepreneur; Firm size; Firm growth;
Find related papers by JEL classification:
- L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
- M21 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics - - - Business Economics
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vep - Vita e Pensiero).
If references are entirely missing, you can add them using this form.