Understanding Opportunity Discovery and Sustainable Advantage : The Role of Transaction Costs and Property Rights

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Understanding Opportunity Discovery and Sustainable Advantage : The Role of Transaction Costs and Property Rights

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dc.contributor.author Foss, Kirsten en_US
dc.contributor.author Foss, Nicolai en_US
dc.date.accessioned 2009-02-04T10:27:22Z
dc.date.available 2009-02-04T10:27:22Z
dc.date.issued 2008-11-14T00:00:00Z en_US
dc.identifier.isbn 9788791815393 en_US
dc.identifier.uri http://hdl.handle.net/10398/7448
dc.description.abstract On November 24, 1874, United States Patent No. 157,124 was granted to Joseph Glidden of DeKalb, Ill., for improved barbed wire fencing. Glidden’s patent was the culmination of a series of nine patents for improvements to wire fencing that were granted by the U.S. Patent Offi ce to American inventors, beginning with Michael Kelly in November 1868 and ending with Glidden’s patent (McCallum and McCallum, 1965), which quickly became dominant. To be sure, wire fencing had been used for a very long time. However, property rights over livestock were less secure, as wire fencing would often break under the impact of heavy livestock pressing against the fencing. This would not happen with barbed wire, so the costs at which property rights to livestock could be protected fell dramatically (Dennen, 1976; Anderson and Hill, 2004). en_US
dc.format.extent 27 s. en_US
dc.language eng en_US
dc.relation.ispartofseries Working paper;2008-26 en_US
dc.title Understanding Opportunity Discovery and Sustainable Advantage : The Role of Transaction Costs and Property Rights en_US
dc.type wp en_US
dc.accessionstatus modt08nov14 nijemo en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Center for Strategi og Globalisering en_US
dc.contributor.departmentshort SMG en_US
dc.contributor.departmentuk Center for Strategic Management and Globalization en_US
dc.contributor.departmentukshort SMG en_US
dc.idnumber 9788791815393 en_US
dc.publisher.city København en_US
dc.publisher.year 2008 en_US


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