Publication | Industrial and Corporate Change 29:5
Innovation, Governance, and Capabilities: Implications for Competition Policy
A Tribute to Nobel Laureate Oliver Williamson
David Teece writes about Oliver Williamson’s work on the boundaries (scale and scope) of the firm. This tribute endeavors to marry Williamson’s transaction cost economics with a capabilities framework to obtain new insights into how the scope and scale of technology companies influence their competitive performance in today’s digital economy.