Towards a dynamic theory of transactions | SpringerLink

Standard transaction cost economics (TCE) considers transactions from the perspective of static efficiency. Increasingly, attention is required to dynamic. Skiptomaincontent Advertisement SearchSpringerLink Search AbstractStandardtransactioncosteconomics(TCE)considerstransactionsfromtheperspectiveofstaticefficiency.Increasingly,attentionisrequiredtodynamicefficiency;tocapabilitiestoexploittransactionrelationsforinnovation.Sinceinnovationisdependentonknowledgeandlearning,thestepfromthestaticstothedynamicsofexchangerequiresandunderstandingofthedevelopmentandacquisitionofknowledge,preferences,andmeaning,andtheroleinthatofinteractionbetweentransactionpartners.Asasteptowardsthis,thearticleprovidesanexplorationoftheoriesofknowledgeandknowledgedevelopment,therelationtolanguage,theroleofintersubjectiverelations,theconnectionwithevolutionarytheoryandtheimplicationsfortransactioncosttheory. Thisisapreviewofsubscriptioncontent,accessviayourinstitution. Accessoptions Buysinglearticle InstantaccesstothefullarticlePDF. 34,95€ PriceincludesVAT(Singapore)Taxcalculationwillbefinalisedduringcheckout. RentthisarticleviaDeepDyve. LearnmoreaboutInstitutionalsubscriptions ReferencesAminA(1989)FlexiblespecialisationandsmallfirmsinItaly:Mythsandrealities,Antipode21:13–34 GoogleScholar  BachelardG(1974)Epistémologie,texteschoisisparDominiqueLecourt,PressesUniversitairesdeFrance,Paris GoogleScholar  BachelardG(1975)Laphilosophiedunon,PressesUniversitairesdeFrance,Paris GoogleScholar  BachelardG(1980)Laformationdel'espritscientifique,LibrariePhilosophiqueJ.Vrin,Paris GoogleScholar  BergerJ,NoorderhavenNG,NooteboomB,PenninkBJ(1991)Understandingthesubcontractingrelationship:Thelimitationsoftransactioncosteconomics.PaperpresentedattheEGOScolloquium,Vienna,JulyBergerPL,GluckmannT(1966)Thesocialconstructionofreality.Doubleday,GardenCityNY GoogleScholar  Bressonde(1987)Theevolutionaryparadigmandtheeconomicsoftechnologicalchange.JournalofEconomicIssues21:751–761 GoogleScholar  CoaseRH(1937)Thenatureofthefirm.EconomicaNS4:386–405 GoogleScholar  CuffEC,SharrockWW,FrancisDW(1979)PerspectivesinSociology.UnwinHyman,London GoogleScholar  DavidPA(1985)CLIOandtheEconomicsofQWERTY.AmericanEconomicReview,pp.332–337DosiG(1988)Sources,proceduresandmicroeconomiceffectsofinnovation.JournalofEconomicLIterature26:1120–1171 GoogleScholar  ElsterJ(1979)Ulyssesandthesirens.CambridgeUniversityPressEtzioniA(1988)Themoraldimension:Towardsaneweconomics.TheFreePress,NewYork GoogleScholar  FlavellJH(1967)ThedevelopmentalpsychologyofJeanPiaget.VanNostrand,PrincetonN.J. GoogleScholar  GouldnerAW(1959)Reciprocityandautonomyinfunctionaltheory.HarperandRow,NewYork GoogleScholar  GranovetterM(1982)Thestrengthofweakties:Anetworktheoryrevisited.In:MarsdenandLin(eds)Socialstructureandnetworkanalysis.Sage,BeverlyHills,pp.105–131 GoogleScholar  GroenewegenJ(1989)Detransaktiekostennaderbezien.TijdschriftvoorPolitiekeEconomie12:51–76 GoogleScholar  HabermasJ(1982)TheoriedeskommunikativenHandelns,TeilI&II.Suhrkamp,Frankfurt GoogleScholar  HabermasJ(1984)VorstudienundErgänzungenzurTheoriedeskommunikativenHandelns.Suhrkamp,Frankfurt GoogleScholar  HeinerRA(1983)Theoriginofpredictablebehaviour.AmericanEconomicReview73:560–590 GoogleScholar  HippelEvon(1988)Thesourcesofinvention.OxfordUniversityPress,Oxford GoogleScholar  HodgsonGM(1988)EconomicsandinstitutionsPolityPress,Oxford GoogleScholar  KuhnTS(1970)Thestructureofscientificrevolutions.Chicago.LangloisRN,RobertsonPL(1990)Innovationinamodularsystem:Lessonsfromthemicrocomputerandstereocomponentindustry.PaperattheInternationalJosephA.SchumpeterSociety,AirlieHouse,Virginia,June1990LecourtD(1978)L'épistémologiehistoriquedeGastonBachelard.LibrairiePhilosophiqueJ.Vrin,Paris GoogleScholar  MischelT(ed.)(1971)Cognitivedevelopmentandepistemology.AcademicPress,NewYork GoogleScholar  MokyrJ(1990)Theleverofriches.OxfordUniversityPress,Oxford GoogleScholar  NelsonRR,WinterSG(1982)Anevolutionarytheoryofeconomicchange,BelknapPress,Harvard GoogleScholar  NooteboomB(1985)Plausibilityineconomics.Economics&Philosophy2:197–224 GoogleScholar  NooteboomB(1989)Paradox,identityandchangeinmanagement.HumanSystemsManagement8:291–300 GoogleScholar  NooteboomB(1990a)Ananalysisofspecificityintransactioncosteconomics.ResearchReport90-09,SchoolofManagementandOrganisation,GroningenUniversity,Groningen,TheNetherlands.ArevisedversionhasbeenacceptedforpublicationinOrganizationStudies,forthcomingin1993NooteboomB(1990b)ThePopperianlegacyineconomics:confusionandbeyond.DeEconomist138:256–275 GoogleScholar  NooteboomB(1990c)Effectsofscaleintransactioncosts.ResearchReport90-12,SchoolofManagementandOrganisation,GroningenUniversity,Groningen,TheNetherlands(arevisedversionwillbepublishedinSmallBusinessEconomics,1993) GoogleScholar  NooteboomB(1991a)Cross-firmeconomyoflearning.ResearchReport91-10,SchoolofManagementandOrganisation,GroningenUniversity,Groningen,TheNetherlands GoogleScholar  NooteboomB(1991b)Informationtechnology,transactioncostsandthedecisionto“makeorbuy“.Workingpaper,SchoolofManagementandOrganisation,GroningenUniversity,TheNetherlands GoogleScholar  NooteboomB(1992)Agent,contextandinnovation:aSaussurianviewofmarkets.BlaasW(ed.),ProceedingsEAEPEconference,Vienna,1991(inpress)NooteboomB,CoehoornC,vanderZwaanAH(1992)Thepurposeandeffectivenessoftechnologytransfertosmallbusiness.TechnologyAnalysisandStrategicManagement(inpress)NooteboomB,ZwartPS,BijmoltT(1992)Transactioncostsandstandardisationinprofessionalservicestosmallbusiness.SmallBusinessEconomics4:141–151 GoogleScholar  NorthDC(1990)Institutions,institutionalchangeandeconomicperformance.CambridgeUniversithPress,Cambridge GoogleScholar  OuchiWG(1980)Markets,bureaucraciesandclans.AdministrativeScienceQuarterly25:129–141 GoogleScholar  PiagetJ(1970)Psychologieetepistémologie.Denoël,Paris GoogleScholar  PiagetJ(1974)Introductional'épistémologiegénétique.PressesUniversitairesdeFrance,Paris GoogleScholar  PioreM,SabelC(1983)Italiansmallbusinessdevelopment:LessonsforUSindustrialpolicy.In:ZysmanJ,TysonL(eds)Americanindustryininternationalcompetition:Governmentpoliciesandcorporatestrategies.CornellUniversityPress,Ithaca GoogleScholar  PfefferJ,SalancikGR(1978)Theexternalcontroloforganisations:Aresourcedependenceperspective.Harper&Row,NewYork GoogleScholar  PolanyiM(1962)Personalknowledge.Routledge,London GoogleScholar  PolanyiM(1966)Thetacitdimension.Routledge,London GoogleScholar  PolanyiM(1969)Knowingandbeing.Routledge,London GoogleScholar  PorterME(1985)Competitiveadvantage.TheFreePress,NewYork GoogleScholar  RogersEM(1983)Diffusionofinnovations.MacMillan,NewYork GoogleScholar  SaussureFde(1979)Coursdelinguistiquegénérale.Lecturesgivenbetween1906and1911,firstpublishedin1915,Payot,Paris GoogleScholar  SchellingTC(1960)Thestrategyofconflict.HarvardUniversityPress,CambridgeMA GoogleScholar  SemlingerK(1991a)Newdevelopmentsinsubcontracting-mixingmarketandhierarchy.In:AminA,DietrichM(eds.)TowardsanewEurope:StructuralchangeintheEuropeaneconomyEdwardElgar,Aldershot GoogleScholar  SemlingerK(1991b)Innovationcooperationandstrategiccontracting.Paperpresentedattheinternationalcolloquiumon“ManagementofTechnology:ImplicationsofenterprisemanagementandPublicPolicy”,Paris,May27–28SimonHA(1983)Reasoninhumanaffairs.Blackwell,Oxford GoogleScholar  VrbaE,GouldSJ(1986)Thehierarchicalexpansionofsortingandselection.Paleobiology12:217–228 GoogleScholar  WilliamsonOE(1975)Marketsandhierarchies:Analysisandantitrustimplications.TheFreePress,NewYork GoogleScholar  WilliamsonOE(1985)Theeconomicinstitutionsofcapitalism:Firmsmarkets,relationalcontracting.TheFreePress,NewYork GoogleScholar  DownloadreferencesAuthorinformationAffiliationsSchoolofManagementandOrganisation,GroningenUniversity,P.O.Box800,NL-9700AV,Groningen,TheNetherlandsBartNooteboomAuthorsBartNooteboomViewauthorpublicationsYoucanalsosearchforthisauthorin PubMed GoogleScholarRightsandpermissionsReprintsandPermissionsAboutthisarticleCitethisarticleNooteboom,B.Towardsadynamictheoryoftransactions. JEvolEcon2,281–299(1992).https://doi.org/10.1007/BF01200127DownloadcitationIssueDate:December1992DOI:https://doi.org/10.1007/BF01200127SharethisarticleAnyoneyousharethefollowinglinkwithwillbeabletoreadthiscontent:GetshareablelinkSorry,ashareablelinkisnotcurrentlyavailableforthisarticle.Copytoclipboard ProvidedbytheSpringerNatureSharedItcontent-sharinginitiative KeywordsEconomicmethodologyInformationanduncertaintyFirmobjectives,organizationandbehaviourTechnologicalchangeJEL-classificationB4D8L2O3 Accessoptions Buysinglearticle InstantaccesstothefullarticlePDF. 34,95€ PriceincludesVAT(Singapore)Taxcalculationwillbefinalisedduringcheckout. RentthisarticleviaDeepDyve. LearnmoreaboutInstitutionalsubscriptions Advertisement