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Post-Chandlerian firms: technological change and firm boundaries
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While the Chandlerian firm has come to dominate large sectors of advanced economies, recent studies have shown that the properties of knowledge used by firms, the dynamic nature of transaction costs, and the impact of information and communication technologies on organisations might reduce firm scale and scope. We present a contingent model of firm boundaries that explains why, as a result of technological change, firms might simultaneously outsource some activities that they had formerly preferred to produce in-house while increasing their vertical integration in other areas. We support our conclusions with evidence from different industries.
|Keywords:||Business history, internalisation, management, outsourcing, technological change, vertical integration|
|Journal or Publication Title:||Australian Economic History Review|
|Page Range:||pp. 70-94|
|Identification Number - DOI:||10.1111/j.1467-8446.2006.00152.x|
The definitive version is available at www.blackwell-synergy.com
|Date Deposited:||23 Jul 2007|
|Last Modified:||18 Nov 2014 03:19|
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