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- W2613202893 abstract "Transaction cost economics represents a highly articulated analytical frame for the analysis of the co-ordination processes. Its apparatus provides analytical tools concerning the organizational richness of the market economy. Yet, in its present form the transaction reason does not represent the only base for the strategic management. The theory does not adequately take in account the strategic initiatives which transform the environment in which firms exist. Dynamic interpretation of economic processes rest beyond the horizon of transaction approach. Evolutionary theory of the firm presents important contribution to the articulation of the dynamic context of the firm. In addition, the promotion of the transaction as the basic unit of the economic analysis does not pay attention to the networks, strategic alliances which can not be treated from the perspective of the markets or the perspectives of the hierarchy. There is deep connection between logistic management and network-paradigm, because of the fact that the temporality became crucial factor of competition. Strategic management should reconsider the transaction-reason and dynamic constellation of the firm simultaneously." @default.
- W2613202893 created "2017-05-19" @default.
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- W2613202893 date "1999-01-01" @default.
- W2613202893 modified "2023-09-24" @default.
- W2613202893 title "Elements of the critique of transaction costs theory from the aspect of strategic management II" @default.
- W2613202893 hasPublicationYear "1999" @default.
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