{"product_id":"9781139810555","title":"Knowledge, Scale and Transactions in the Theory of the Firm","description":"Firms in market economies vary enormously in size, nature and competitiveness. In this important contribution to the literature on the theory of the firm, Mario Morroni provides a fresh analytical framework which improves our understanding of the causes of this diversity in organisational design and performance. The relations between internal and external basic conditions, decision-making mechanisms and organisational co-ordination are addressed, as are the circumstances in which capabilities, transactions and scale-scope considerations interact. With the emergence of the knowledge-based economy and the increasing pressure of global competition, the development of capabilities is acquiring ever greater importance in boosting competitiveness. Morroni shows that long-term relational agreements enhance learning processes and offer powerful tools for improving competitiveness in a context of conflicting interests, incomplete knowledge and uncertainty.","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":47115083448560,"sku":"9781139810555","price":35.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781139810555_p0.jpg?v=1763700638","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781139810555","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}