Looking for a theory of the firm: future challenges

Pierre Garrouste (1) , Stéphane Saussier (2)

1 GREDEG - Groupe de Recherche en Droit, Economie et Gestion
2 IAE Paris - Sorbonne Business School

In this paper we present the main developments of the theories of the firm rooted in Coase’s [Coase, R.H., 1937. The nature of the firm. Economica, New Series 4, 386–405] seminal article. We show that the two important topics of the nature and boundaries of the firm, as well as the internal organization of the firm, give place to essential contributions. We present those contributions and their limits and then their possible developments. Finally we introduce the papers of this issue.

Mots clés: Theory of the firm; Nature and boundaries; Incentives; Property rights; Transaction costs; Internal organization

Domaines: Economies et finances

Pierre Garrouste, Stéphane Saussier. Looking for a theory of the firm: future challenges. Journal of Economic Behavior and Organization, 2005, 58 (2), pp.178-199. ⟨halshs-01300351⟩