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On the Firm’s Raison d’Être and Competence-based Nature of the Firm

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Kompetenz, Interdisziplinarität und Komplexität in der Betriebswirtschaftslehre

Abstract

Transaction cost theory tells us that firms are an integral part of the market process for they help economic agents to cope with highest degrees of uncertainty and specificity (Williamson, 1985). There is no point to question this understanding.

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Authors and Affiliations

  1. Fachbereich Wirtschaftswissenschaft, Universität Bremen, Dufourstrasse 40a, CH - 9000, St. Gallen, Germany

    Professor Dr. Jörg Freiling (Lehrstuhl für Mittelstand, Existenzgründung und Entrepreneurship (LEMEX)

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  1. Professor Dr. Jörg Freiling
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Editors and Affiliations

  1. Hamburg, Deutschland

    Wolfgang Kersten

  2. Weissach, Deutschland

    Jochen Wittmann

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Freiling, J. (2013). On the Firm’s Raison d’Être and Competence-based Nature of the Firm. In: Kersten, W., Wittmann, J. (eds) Kompetenz, Interdisziplinarität und Komplexität in der Betriebswirtschaftslehre. Springer Gabler, Wiesbaden. https://doi.org/10.1007/978-3-658-03462-7_3

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  • DOI: https://doi.org/10.1007/978-3-658-03462-7_3

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  • Publisher Name: Springer Gabler, Wiesbaden

  • Print ISBN: 978-3-658-03461-0

  • Online ISBN: 978-3-658-03462-7

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