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| Author: | Windsperger, J. |
| Title: | Ungelöste Probleme der Transaktionskostentheorie. |
| Journal: | Journal für Betriebswirtschaft
1998 : VOL. 48:5-6, p. 266-276 |
| Index terms: | TRANSACTION COSTS THEORY OF THE FIRM INSTITUTIONAL ECONOMICS THEORIES DEVELOPMENT |
| Language: | ger |
| Abstract: | Unsolved Problems in Transaction Cost Theory. The author examines the relationship between the transaction cost theory and the other approaches in organizational economics. He shows that a complementary relationship exists between the transaction cost theory and the resource-based and evolutionary theory. The aim of the transaction cost theory is to explain the coordination function and the goal of the resource-based and evolutionary approach is to explain the innovation function of the firm. In addition the article discusses the main critique of the transaction cost theory. |
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