Technological Interdependencies,Specialization and Coordination:

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Technological Interdependencies,Specialization and Coordination:

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dc.contributor.author Foss, Kirsten
dc.date.accessioned 2010-07-02
dc.date.accessioned 2010-07-02T09:22:43Z
dc.date.available 2010-07-02T09:22:43Z
dc.date.issued 2010-07-02
dc.identifier.isbn 87-7873-046-5
dc.identifier.uri http://hdl.handle.net/10398/8103
dc.description.abstract This paper develops a property rights perspective on the nature of the firm. The basic idea is that learning by doing in production and coordination stem from experience in production and that user rights over productive assets are necessary in order to accumulate the experience needed to perform improvements in production. Accumulation of skills from learning by doing in production is accelerated by specialization in production. However, specialization introduces greater complexity and new kinds of tools and equipment and this creates uncertainty about the best way of coordinating specialized interdependent activities. The result may be bottlenecks in production and uneven development of components. Experimenting in coordination is necessary in order to eliminate these problems. It is argued that the Coasian notion of firms where coordination is provided by the direction of managers provides a cheap way of conducting the experiments needed to collect information on how best to coordinate interdependent activities. en_US
dc.format.extent 35 s. en_US
dc.language eng en_US
dc.publisher Copenhagen Business School en_US
dc.relation.ispartofseries DRUID;98-10
dc.subject.other Property rights, specialization in production, firm, boundaries, learning en_US
dc.title Technological Interdependencies,Specialization and Coordination: en_US
dc.type wp en_US
dc.accessionstatus modt10jul02 siso en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Institut for Innovation og Organisationsøkonomi en_US
dc.contributor.departmentshort INO en_US
dc.contributor.departmentuk Department of Innovation and Organizational Economics en_US
dc.contributor.departmentukshort INO en_US
dc.idnumber x645030758 en_US
dc.publisher.city København en_US
dc.publisher.year 1998 en_US
dc.title.subtitle A Property Rights Perspective on The Nature of the Firm en_US


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