Managing Transaction Costs In International Production
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Author | : Chihiro Suematsu |
Publisher | : Springer |
Total Pages | : 273 |
Release | : 2014-08-07 |
Genre | : Business & Economics |
ISBN | : 331906889X |
All organizations, institutions, business processes, markets and strategies have one aim in common: the reduction of transaction costs. This aim is pursued relentlessly in practice, and has been perceived to bring about drastic changes, especially in the recent global market and the cyber economy. This book analyzes and describes “transactions” as a model, on the basis of which organizations, institutions and business processes can be appropriately shaped. It tracks transaction costs to enable a scientific approach instead of a widely used “state-of-the-art” approach, working to bridge the gap between theory and practice. This open access book analyzes and describes “transactions” as a model...
Author | : Oliver E. Williamson |
Publisher | : Edward Elgar Publishing |
Total Pages | : 0 |
Release | : 2013 |
Genre | : Industrial organization (Economic theory). |
ISBN | : 9780857938756 |
Transaction cost economics has and continues to be a fruitful area of research. There is still much to be done in the field with past research being used in conjunction with the vast number of contractual phenomena that have yet to be investigated in transaction cost economics terms. New challenges are posed by the need to move beyond the design of new contractual instruments (such as financial derivatives) to include an examination of the lurking hazards that attend contract implementation.
Author | : Douglass Cecil North |
Publisher | : Ics Press |
Total Pages | : 32 |
Release | : 1992 |
Genre | : Economic development |
ISBN | : 9781558152113 |
Author | : F. A. G. den Butter |
Publisher | : Edward Elgar Publishing |
Total Pages | : 297 |
Release | : 2012 |
Genre | : Political Science |
ISBN | : 1781001316 |
This timely book presents practical applications of modern economic theories to trade, transaction costs and institutions within both business and governmental realms. Frank A.G. den Butter explains the importance and means of keeping transaction costs as low as possible. He illustrates how this transaction management can contribute to making firms and nations more competitive by exploiting gains from the division of labour and international fragmentation of production, and uses relevant case studies to illustrate how value is created by reducing transaction costs. Policy recommendations for strengthening the competitive position of trading nations and reducing implementation costs of government policy are presented, and management methods for creating value in organizing production on a global scale are prescribed. A wide-ranging audience encompassing economists in academia, government and business; managers in industry and government; and students of economics, business and globalization will find this book to be a crucial reference tool.
Author | : Ronan McIvor |
Publisher | : Cambridge University Press |
Total Pages | : 354 |
Release | : 2005-06-23 |
Genre | : Technology & Engineering |
ISBN | : 9781139444583 |
Outsourcing has become an increasingly important issue for many organisations. This book provides a framework for an up-to-date understanding of the outsourcing process and the key issues associated with it. It integrates a number of contemporary topics including benchmarking, buyer-supplier relationships, organisational behaviour, competitor analysis, and technology influences. The analysis draws upon both empirical research and real case studies. The author starts by providing guidelines as to when outsourcing is appropriate and what its implications will be, before moving on to explain how outsourcing is implemented. The benefits of both successful outsourcing and the risks and consequences of outsourcing failure are outlined. The book is ideal for use by postgraduate students studying the area of outsourcing. It would also benefit industry managers who are considering outsourcing or who already have outsourcing programmes in place.
Author | : Mary Zey |
Publisher | : SAGE |
Total Pages | : 156 |
Release | : 1998 |
Genre | : Business & Economics |
ISBN | : 9780803951365 |
Rational Choice Theory and Organizational Theory is written in response to the neo-classical economic rational choice theories and organizational economic theories which have emerged in the past decade and gained center stage in current organizational analysis.
Author | : Michael Dietrich |
Publisher | : Routledge |
Total Pages | : 201 |
Release | : 2008-01-28 |
Genre | : Business & Economics |
ISBN | : 1134909829 |
In recent years transaction cost economics have come to dominate the discussion of the nature and organization of firms. In Transaction Costs Economics and Beyond Michael Dietrich offers a critical exploration of transaction costs. He argues that whilst they have much to offer, they are still an inadequate basis for a general theory of the firm. Drawing on theories of organizational behaviour as well as economics, he concludes by offering a theory of the firm that allows for both hierarchical and creative decision making.
Author | : Timothy Folta |
Publisher | : Emerald Group Publishing |
Total Pages | : 412 |
Release | : 2016-09-06 |
Genre | : Business & Economics |
ISBN | : 1786355078 |
This volume examines the differences between resource sharing and resource redeployment, and the subsequent effects on firm value creation and industry evolution.
Author | : Alan M. Rugman |
Publisher | : Taylor & Francis |
Total Pages | : 498 |
Release | : 2002 |
Genre | : Business & Economics |
ISBN | : 9780415247146 |
This comprehensive four volume set includes all major contributions to the field of international business. It also includes key writings in the areas of international political economy and on regional and national issues.
Author | : Dariusz Wójcik |
Publisher | : Oxford University Press |
Total Pages | : 1145 |
Release | : 2018-01-04 |
Genre | : Business & Economics |
ISBN | : 0191072176 |
The first fifteen years of the 21st century have thrown into sharp relief the challenges of growth, equity, stability, and sustainability facing the world economy. In addition, they have exposed the inadequacies of mainstream economics in providing answers to these challenges. This volume gathers over 50 leading scholars from around the world to offer a forward-looking perspective of economic geography to understanding the various building blocks, relationships, and trajectories in the world economy. The perspective is at the same time grounded in theory and in the experiences of particular places. Reviewing state-of-the-art of economic geography, setting agendas, and with illustrations and empirical evidence from all over the world, the book should be an essential reference for students, researchers, as well as strategists and policy makers. Building on the success of the first edition, this volume offers a radically revised, updated, and broader approach to economic geography. With the backdrop of the global financial crisis, finance is investigated in chapters on financial stability, financial innovation, global financial networks, the global map of savings and investments, and financialization. Environmental challenges are addressed in chapters on resource economies, vulnerability of regions to climate change, carbon markets, and energy transitions. Distribution and consumption feature alongside more established topics on the firm, innovation, and work. The handbook also captures the theoretical and conceptual innovations of the last fifteen years, including evolutionary economic geography and the global production networks approach. Addressing the dangers of inequality, instability, and environmental crisis head-on, the volume concludes with strategies for growth and new ways of envisioning the spatiality of economy for the future.