{"product_id":"knowledge-scale-and-transactions-in-the-theory-of-the-firm","title":"Knowledge, Scale and Transactions in the Theory of the Firm","description":"\u003cp\u003eFirms in market economies vary enormously in size, nature and competitiveness. In this important contribution to the literature on the theory of the firm, Mario Morroni provides a fresh analytical framework which improves our understanding of the causes of this diversity in organisational design and performance. The relations between internal and external basic conditions, decision-making mechanisms and organisational co-ordination are addressed, as are the circumstances in which capabilities, transactions and scale-scope considerations interact. With the emergence of the knowledge-based economy and the increasing pressure of global competition, the development of capabilities is acquiring ever greater importance in boosting competitiveness. Morroni shows that long-term relational agreements enhance learning processes and offer powerful tools for improving competitiveness in a context of conflicting interests, incomplete knowledge and uncertainty.\u003c\/p\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46646823813358,"sku":"9780521123181","price":62.82,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0630\/9612\/7726\/files\/9780521123181.jpg?v=1750161677","url":"https:\/\/bookland.com.au\/products\/knowledge-scale-and-transactions-in-the-theory-of-the-firm","provider":"Book Land AU","version":"1.0","type":"link"}