search query: @indexterm FACTORS OF PRODUCTION / total: 9
reference: 6 / 9
| Author: | Albach, H. |
| Title: | Gutenberg und die Zukunft der Betriebswirtschaftslehre |
| Journal: | Zeitschrift für Betriebswirtschaft
1997 : VOL. 67:12, p. 1257-1283 |
| Index terms: | FIRM (THEORY OF) FUTURE DEVELOPMENT FACTORS OF PRODUCTION PRODUCTION FUNCTIONS |
| Language: | ger |
| Abstract: | The first part deals with the theory of the firm by Erich Gutenberg. The process of combining factors of production in a production technology to produce marketable products is the corner stone of that theory which integrates all the different functional areas of the firm under this concept. The paper then turns to the open questions in Gutenberg's theory of the firm: the investment problem, the oligopoly problem, and the problem of conflicting interests. If conflicting interests and the resulting distrust of cooperative behavior of the members of the firm is made the dominant feature of a future theory, with moral hazard beging at the center of theoretical interest, the character of the theory of the firm will be quite different from another possible scenario of theoretical development: |
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