Program:
The theory of the firm: general overview, economic background and chronological evolution |
Boundaries of the firm and contracting view of the firm |
Letture Jensen e Meckling, Jensen 86, Arrow |
Behavioral theory of the firm |
Resource-based theory, capabilities view and the knowledge-based theory of the firm |
Evolutionary theory |
Changing nature of the firm: organization, power and theory of the firm |
Looking for a theory of the firm: Future challenges |
Theory of the firm and its applications on make-or-buy problem |
Theory of the firm and its applications in empirical research What Determines Firm Size? |
Firm’s objective and theory of value |
Teaching methods
Lectures and discussion.
Course literature
A general literature is provided below, and it has to be part of the basic knowledge before the first class of the course.
¨ La Rocca Maurizio, 2001, Teorie sull’impresa, workingpaper n.14 Dip.To Organizzazione Aziendale – Unical.
¨ Mahoney Joseph, 2005, Economic Foundations of Strategy, London: Sage.
¨ Sciarelli S., L. Solima e G. Maggiore (1994), Evoluzione degli studi di economia d'impresa in una prospettiva interdisciplinare in “Finanza Marketing e Produzione”, supplemento dedicato alla Economia dell'impresa negli anni '90.
¨ David Kreps, 1997, “Economics: The Current Position,” Daedalus 126: 59-86
Moreover, each unit requires specific papers to read, provided one week before the class.
Grading
The final grade will be determined by the scores on the class presentations and discussion (50%) given routinely and on a final assignment (50%).