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A Theoretical Framework

  • Fabrizio Traù
Chapter
  • 35 Downloads

Abstract

Before approaching the analysis of the structural change of firms’ size pattern in an empirical perspective, we still need to give the whole concern a firmer theoretical grounding. So far, we have simply analysed the fact that — in the face of the observed changes in “institutional” (macroeconomic) conditions — firms have been, ceteris paribus, induced to search for changes in the organization of productive activities, sub specie of a reduction — in relative terms — of internal transactions, and an expansion of market exchanges.

Keywords

Small Firm Vertical Integration Market Uncertainty Internal Transaction Independent Firm 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Fabrizio Traù 2003

Authors and Affiliations

  • Fabrizio Traù
    • 1
    • 2
  1. 1.Research Department of the Confederation of Italian IndustriesRomeItaly
  2. 2.Research Associate at the ECRC Centre for Business ResearchUniversity of CambridgeUK

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