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WHY DO FIRMS EXIST? TRANSACTION COSTS AND ORGANIZATIONAL ADVANTAGES

Journal: Science Journal "NovaInfo" (Vol.2, No. 33)

Publication Date:

Authors : ;

Page : 96-98

Keywords : FIRM; TRANSACTION COSTS; RESOURCE-BASED THEORY;

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Abstract

The present paper gives a short analysis of the background of firm’s existence. It also considers the main idea of the transaction costs within the theory of one of the foreign economists. The notion is enlarged by the new aspects of resource-based theory

Last modified: 2015-05-01 04:12:26