Matches in SemOpenAlex for { <https://semopenalex.org/work/W2127683106> ?p ?o ?g. }
- W2127683106 abstract "Empirical observation reveals that in various key sectors large firms increasingly tend to adopt a strategy of vertical disintegration while asset specificity levels remain high. As a new form of inter-firm relations, business networks are one of the salient features of what may be termed the emerging institutional structure of production. In the literature, one stumbles on expressions such as “networks of firms,” “firm networks” and “network-firm.” These should be understood as relating to the horizontality or verticality of a given network. While “network of firm” and “firm networks” designate horizontal networks quite uncontroversially, the term “network-firm” adds to the already abundant confusion surrounding the definition of the firm. In this paper, we argue that in order to clarify these matters we should use the word “form” instead of “firm.” We thus characterize what we call the “V-network form,” a vertical organization distinct from a horizontal network of firms, in which a “hub-firm” or a “flagship-firm” organizes and coordinates regular essential operations such as provision, production and distribution between legally independent entities. Intra-network exchange can be considered “non-market” in that products do not pre-exist the exchange. Consequently, the hub-firm’s economic problem is the provision and control of incentives to the parties in the network while coordinating their complementary capabilities or competences. Various incentive mechanisms substitute formal property rights. We discuss the relation of this organizational form to the “firm versus market” typology and stress that the Vnetwork form is not a “hybrid form.” To the contrary, it is a specific form which is neither the result of market failure nor an extension of hierarchy. We then argue that valuable insights for the theory of the firm may be gained from a thorough empirical and theoretical analysis of the V-network form. Recent work on economic organization may have aspects to offer for such an analysis and we urge for this to continue. In particular, some of these insights may be used as an attempt to clarify the terms of the current debate between the contractual and competence theories of the firm. The approach also inevitably raises questions related to the legal apprehension of the V-network firm." @default.
- W2127683106 created "2016-06-24" @default.
- W2127683106 creator A5072954085 @default.
- W2127683106 creator A5084570924 @default.
- W2127683106 date "2005-01-01" @default.
- W2127683106 modified "2023-10-14" @default.
- W2127683106 title "The V-Network Form: Economic Organization and the Theory of the Firm" @default.
- W2127683106 cites W1508332342 @default.
- W2127683106 cites W1525373293 @default.
- W2127683106 cites W1533529029 @default.
- W2127683106 cites W1540499889 @default.
- W2127683106 cites W1557590624 @default.
- W2127683106 cites W1579969550 @default.
- W2127683106 cites W1598833883 @default.
- W2127683106 cites W1749773073 @default.
- W2127683106 cites W1868772505 @default.
- W2127683106 cites W1915178070 @default.
- W2127683106 cites W1959132300 @default.
- W2127683106 cites W1968677938 @default.
- W2127683106 cites W1968949692 @default.
- W2127683106 cites W1970090130 @default.
- W2127683106 cites W1970674567 @default.
- W2127683106 cites W1970930607 @default.
- W2127683106 cites W1972273515 @default.
- W2127683106 cites W1973607659 @default.
- W2127683106 cites W1973853700 @default.
- W2127683106 cites W1975524050 @default.
- W2127683106 cites W1981330256 @default.
- W2127683106 cites W1981374161 @default.
- W2127683106 cites W1984940595 @default.
- W2127683106 cites W1986473740 @default.
- W2127683106 cites W1987328996 @default.
- W2127683106 cites W1987438072 @default.
- W2127683106 cites W1992518934 @default.
- W2127683106 cites W1993766942 @default.
- W2127683106 cites W1996942212 @default.
- W2127683106 cites W2002858693 @default.
- W2127683106 cites W2007631529 @default.
- W2127683106 cites W2021929535 @default.
- W2127683106 cites W2024045908 @default.
- W2127683106 cites W2025448786 @default.
- W2127683106 cites W2027934907 @default.
- W2127683106 cites W2044204909 @default.
- W2127683106 cites W2045962543 @default.
- W2127683106 cites W2046484912 @default.
- W2127683106 cites W2056621186 @default.
- W2127683106 cites W2060087182 @default.
- W2127683106 cites W2070639717 @default.
- W2127683106 cites W2074037151 @default.
- W2127683106 cites W2082379438 @default.
- W2127683106 cites W2083335094 @default.
- W2127683106 cites W2084662044 @default.
- W2127683106 cites W2085630944 @default.
- W2127683106 cites W2097273566 @default.
- W2127683106 cites W2102057790 @default.
- W2127683106 cites W2102291936 @default.
- W2127683106 cites W2102818459 @default.
- W2127683106 cites W2109280325 @default.
- W2127683106 cites W2109469951 @default.
- W2127683106 cites W2117455041 @default.
- W2127683106 cites W2119836473 @default.
- W2127683106 cites W2121981962 @default.
- W2127683106 cites W2123709218 @default.
- W2127683106 cites W2126280998 @default.
- W2127683106 cites W2129143360 @default.
- W2127683106 cites W2131139393 @default.
- W2127683106 cites W2132081716 @default.
- W2127683106 cites W2138199639 @default.
- W2127683106 cites W2138577079 @default.
- W2127683106 cites W2139455113 @default.
- W2127683106 cites W2140448817 @default.
- W2127683106 cites W2140956556 @default.
- W2127683106 cites W2146405903 @default.
- W2127683106 cites W2160449301 @default.
- W2127683106 cites W2167738533 @default.
- W2127683106 cites W2169584168 @default.
- W2127683106 cites W2170122000 @default.
- W2127683106 cites W2170733167 @default.
- W2127683106 cites W2298279914 @default.
- W2127683106 cites W2611493789 @default.
- W2127683106 cites W2798783011 @default.
- W2127683106 cites W2990428997 @default.
- W2127683106 cites W3021750248 @default.
- W2127683106 cites W3121694269 @default.
- W2127683106 cites W3121710791 @default.
- W2127683106 cites W3122405447 @default.
- W2127683106 cites W3122708167 @default.
- W2127683106 cites W3123386210 @default.
- W2127683106 cites W3123756880 @default.
- W2127683106 cites W3124719057 @default.
- W2127683106 cites W3125298030 @default.
- W2127683106 cites W3125364161 @default.
- W2127683106 cites W3126117480 @default.
- W2127683106 cites W3133967989 @default.
- W2127683106 cites W3148486665 @default.
- W2127683106 cites W3150218191 @default.
- W2127683106 cites W3150886588 @default.
- W2127683106 cites W612971368 @default.
- W2127683106 cites W2124013233 @default.
- W2127683106 doi "https://doi.org/10.2139/ssrn.795244" @default.