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Vertical integration in production and services: development in transaction cost economics

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Listed:
  • Marta Peris-Ortiz
  • Fernando Peris Bonet
  • Carlos Rueda-Armengot

Abstract

In this paper, we first establish the core, fundamental concepts of Williamson’s TCE, examining the different governance structures or the institutional alternatives that TCE theory proposes. We go on to describe some critical considerations and theoretical proposals that correspond fundamentally to Williamson’s heuristic model, the integration of incentives in organizational forms, idiosyncratic demand, and how the concept of transaction is conceived in general. Copyright Springer-Verlag 2011

Suggested Citation

  • Marta Peris-Ortiz & Fernando Peris Bonet & Carlos Rueda-Armengot, 2011. "Vertical integration in production and services: development in transaction cost economics," Service Business, Springer;Pan-Pacific Business Association, vol. 5(1), pages 87-97, March.
    • Handle: RePEc:spr:svcbiz:v:5:y:2011:i:1:p:87-97
    DOI: 10.1007/s11628-011-0103-0
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    References listed on IDEAS

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    Cited by:

    1. Sojung Kim & Byungun Yoon, 2012. "Developing a process of concept generation for new product-service systems: a QFD and TRIZ-based approach," Service Business, Springer;Pan-Pacific Business Association, vol. 6(3), pages 323-348, September.

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