A general theory of the firm: From Knight to relationship marketing

Maxim Storchevoy

No 765, Working Papers from Graduate School of Management, St. Petersburg State University

Abstract: The purpose of this paper is to build an integrative framework for our understanding of the firm which would embrace all alternative theories in the field into one logical scheme. There are multiple views of the firm - microeconomic view, transactional costs view, legal view, organizational theory view, resource-based view, knowledge-based view, relationship marketing and others. The main idea of this paper is that all arguments of these approaches may be systematized and built into one integrative framework which may be called a general theory of the firm.

Keywords: theory of the firm; contract theory; opportunism; new institutional economics; new institutionalism; resource-based view; dynamic capabilities; knowledge-based view; open innovations; stakeholder theory; relationship marketing (search for similar items in EconPapers)
Date: 2010
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