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Theories of the Firm–Market Boundary

✍ Scribed by Zenger, Todd R.; Felin, Teppo; Bigelow, Lyda

Book ID
121197117
Publisher
Academy of Management
Year
2011
Tongue
English
Weight
304 KB
Volume
5
Category
Article
ISSN
1941-6520

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✍ Jerry Ellig 📂 Article 📅 2001 🏛 John Wiley and Sons 🌐 English ⚖ 107 KB

## Abstract A growing number of companies are explicitly replacing bureaucratic internal resource allocation with internal markets. But if markets work well within firms, why are there firms at all? Why does not all allocation take place on ‘external’ markets? This paper seeks to resolve this appar