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The New Institutional Economics of The Firm and Lessons From Japan
Oleh:
FitzRoy, Felix R.
;
Acs, Zoltan J.
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
JAPAN AND THE WORLD ECONOMY vol. 4 no. 2 (1992)
,
page 129-144.
Topik:
ECONOMICS
;
institutional economics
;
firm
;
lessons
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ47.2
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The pervasive role of information costs in contracting forms the basis of the new institutional economics of the firm. Williamson, who presents the most fully articulated defense of the efficiency of capitalist institutions, quickly dismisses Japanese firm organization as culturally determined, and hence without lessons for the West. In fact there is much evidence supporting important and practical lessons from Japan for American and other Western firms.
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