An Organizational Architecture of T-form: Silicon Valley Clustering and its Institutional Coherence (Formerly 03004)
While referring to a present author's article that compared the J-model vs. A-model as stylized models of Japanese and American firms, O.E.Williamson (1995) suggested the possibility of the third model of organizational architecture referred to T-forms. As examples of the forms, he suggested temporary organizational forms such as joint ventures. In this paper, I formulate the third type of organizational architecture (information capsulated form) which may be naturally derived in contrast to the A-model (hierarchical decomposition) and the J-model (information assimilation form) from an information systemic point of view. Further, I formulate the model of clustering of entrepreneurial firms of Silicon Valley type nesting this third type and analyze its logical structure by which unique values can be created because of its temporariness -- option value and tournament value. Finally, using the game-theoretic framework, I explain reasons why the Silicon Valley model can have institutional coherency and suggest a way to extend the Williamsonian institution-analytic framework.
|Date of creation:||Jan 2004|
|Contact details of provider:|| Postal: 11th floor, Annex, Ministry of Economy, Trade and Industry (METI) 1-3-1, Kasumigaseki Chiyoda-ku, Tokyo, 100-8901|
Web page: http://www.rieti.go.jp/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Lerner, Josh & Tirole, Jean, 2002. "Some Simple Economics of Open," Journal of Industrial Economics, Wiley Blackwell, vol. 50(2), pages 197-234, June.
- Masahiko Aoki, 2013.
"Toward an Economic Model of the Japanese Firm,"
Chapters,in: Comparative Institutional Analysis, chapter 18, pages 315-341
Edward Elgar Publishing.
- Aoki, Masahiko, 1990. "Toward an Economic Model of the Japanese Firm," Journal of Economic Literature, American Economic Association, vol. 28(1), pages 1-27, March.
- Oliver E. Williamson, 2000. "The New Institutional Economics: Taking Stock, Looking Ahead," Journal of Economic Literature, American Economic Association, vol. 38(3), pages 595-613, September.
- Masahiko Aoki & Hirokazu Takizuwa, 2013. "Information, Incentives, and Option Value: The Silicon Valley Model," Chapters,in: Comparative Institutional Analysis, chapter 7, pages 72-104 Edward Elgar Publishing.
- Aoki, Masahiko & Takizawa, Hirokazu, 2002. "Information, Incentives, and Option Value: The Silicon Valley Model," Journal of Comparative Economics, Elsevier, vol. 30(4), pages 759-786, December.
- Milgrom, Paul & Roberts, John, 1990. "Rationalizability, Learning, and Equilibrium in Games with Strategic Complementarities," Econometrica, Econometric Society, vol. 58(6), pages 1255-1277, November.
- Williamson, Oliver E, 1995. "Hierarchies, Markets and Power in the Economy: An Economic Perspective," Industrial and Corporate Change, Oxford University Press, vol. 4(1), pages 21-49. Full references (including those not matched with items on IDEAS)