Matches in SemOpenAlex for { <https://semopenalex.org/work/W2045903935> ?p ?o ?g. }
- W2045903935 abstract "This paper surveys recent contributions on the Internalisation issue, based on different theories of the firm, to show how the make-or-buy decision, at an international level, has been assessed through the opening up of the “black box” ‐ traditionally explored by the theorists of the firm ‐ and the simultaneous endogenization of the market environment ‐ as in the International Economics tradition. In particular, we consider three paradigms ‐ Grossman - Hart - Moore treatment of hold-up and contractual incompleteness, Holmstrom Milgrom view of the firm as an incentive system, Aghion - Tirole conceptualisation of formal and real authority in organisations ‐ and show how they have been embedded in industry and general equilibrium models of FDI to explain the boundaries of global firms." @default.
- W2045903935 created "2016-06-24" @default.
- W2045903935 creator A5055499753 @default.
- W2045903935 date "2005-01-01" @default.
- W2045903935 modified "2023-10-16" @default.
- W2045903935 title "From the Theory of the Firm to FDI and Internalisation: A Survey" @default.
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