The Economics of Governance: the Role of Localized Knowledge in the Interdependence Among Transaction, Coordination and Production

Cristiano Antonelli

Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo Alberto. WP series from University of Turin

Abstract: The analysis of the role of knowledge in the economics of governance provides a framework able to integrate the research programs of the resource-based theory of the firm and of the economics of transaction costs and overcome their own limits. Transaction costs economics pays little attention to organizational knowledge. The resource-based theory is not able to appreciate the role of organizational constraints in shaping the rate and the direction of the growth of the firm. In the context provided by the economics of governance the interdependence among transaction, coordination and production is modelled as a micro-system where localized technological and organizational knowledge plays a central role.

Pages: 36 pages
Date: 2003-10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.est.unito.it/do/home.pl/Download?doc=/a ... /3_wp_momigliano.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:uto:labeco:200303

Access Statistics for this paper

More papers in Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo Alberto. WP series from University of Turin Contact information at EDIRC.
Bibliographic data for series maintained by Laura Ballestra () and Cinzia Carlevaris ().