Firms as Complex Systems

Johannes Rüegg-Stürm
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Johannes Rüegg-Stürm: University of St. Gallen

Chapter 2 in The New St. Gallen Management Model, 2005, pp 7-13 from Palgrave Macmillan

Abstract: Abstract Our perception of firms is, to a large extent, shaped by fundamental precepts of systems theory.6 In other words, a firm is understood to be a complex system in our model. By a system, we mean an ordered entirety of elements. A system becomes complex, when the elements of a system interact in a variety of ways and interrelate with each other in a specific and dynamic relationship. This theoretical description will be explained thoroughly in the ensuing text.

Keywords: Interaction Issue; Environmental Sphere; Discursive Resource; Business Process Support; Creative Discovery (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50516-2_2

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DOI: 10.1057/9780230505162_2

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