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- W2103401401 abstract "Richard Langlois, Tony Yu & Paul Robertson have assembled a collection of previously published papers that move beyond textbook production theory. This essay discusses work by Frank Knight and Hendrik Houthakker not reproduced in LYR in relation to the capability theory of economic organization. Knight identified the problem of organization as the search for and the coordination of different dispersed capabilities. Houthakker helps us to see more clearly that the benefits of specialization are not brought at zero cost; whatever is the governance structure employed, there will inevitably be coordination costs due to differences in capabilities." @default.
- W2103401401 created "2016-06-24" @default.
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- W2103401401 date "2006-06-01" @default.
- W2103401401 modified "2023-09-27" @default.
- W2103401401 title "The Organizational Approach of Capability Theory: A Review Essay" @default.
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