search query: @author Casson, M. / total: 11
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| Author: | Casson, M. |
| Title: | The nature of the firm reconsidered: information synthesis and entrepreneurial organization |
| Journal: | Management International Review
1996 : VOL. 36:1, p. 55-94 |
| Index terms: | MANAGEMENT INTERNATIONAL ENTREPRENEURSHIP |
| Language: | eng |
| Abstract: | Rival theories of the firm are integrated using the concepts of intermediation, synthesis, volatility and information cost. The firm is perceived as an institutionalised extension of the personality of an entrepreneur. The role of the entrepreneur is to monitor a volatile environment for shocks of two types: transitory and persistent. Shocks emanate from both supply and demand, and information on both needs to be synthesised in a special way in order to optimise the firm's response to them. |
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