EBSLG

 

 
European Business Schools Librarian's Group
Home About Series Subject/JEL codes Advanced Search
Department of Industrial Economics & Strategy, Copenhagen Business School Working Paper Series, Department of Industrial Economics & Strategy, Copenhagen Business School

No 97-11:
Can contractual theories of the firm ecplain the existence of knowledge-intensive firms?

Volker Mahnke

Abstract: This paper argues that the existence of knowledge-intensive firms pose puzzelments for the contractual theories of the firm. For example, in knowledge-intensive firms physical assets are widely absent, the nature of employment relations and asset-ownership are much less clear compared to industrial firms. Although knowledge-intensive firms account for a growing share in wealth-creation and employment, they have hitherto made relatively little impact on contributions to the contractual theories of the firm (e.g. the work associated with Coase, 1937; Williamson, 1971 1975, 1985; Alchian and Demsetz, 1972; Meckling and Jensen, 1976, Grossman and Hart, 1986, Hart, 1995). Here, I identify puzzlement for the contractual theories of the firm related to the existence of knowledge-intensive firms.

Keywords: knowledge; firm; theories of firms; (follow links to similar papers)

JEL-Codes: L22; D83; (follow links to similar papers)

Before downloading any of the electronic versions below you should read our statement on copyright.
Download GhostScript for viewing Postscript files and the Acrobat Reader for viewing and printing pdf files.

Downloadable files:

x64486793x.pdf    PDF-file
Download Statistics


Report other problems with accessing this service to Sune Karlsson () or Helena Lundin ().

Programing by
Design Joakim Ekebom

Handle: RePEc:ivs:iivswp:97-11 This page was generated on 2014-12-14 17:56:57