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    • College of Agriculture, Food and Natural Resources (MU)
    • Division of Applied Social Sciences (MU)
    • Department of Agricultural Economics (MU)
    • Agricultural Economics publications (MU)
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    The theory of the firm and its critics: a stocktaking and assessment

    Foss, Nicolai J., 1964-
    Klein, Peter G.
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    [PDF] The Theory of the Firm and Its Critics.pdf (102.9Kb)
    Date
    2005
    Format
    Book chapter
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    Abstract
    Since its emergence in the 1970s the modern economic or Coasian theory of the firm has been discussed and challenged by sociologists, heterodox economists, management scholars, and other critics. This chapter reviews and assesses these critiques, focusing on behavioral issues (bounded rationality and motivation), process (including path dependence and the selection argument), entrepreneurship, and the challenge from knowledge-based theories of the firm.
    URI
    http://hdl.handle.net/10355/46
    Collections
    • Agricultural Economics publications (MU)

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