Construct · 1 fields · 1 citations

co-evolution of capabilities and transaction costs: a standalone construct

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Strategic management

the view that firm boundaries in an industry change as capability differences and transaction costs shape and reshape each other over time.

In strategic management, co-evolution of capabilities and transaction costs refers to the view that firm boundaries in an industry change as capability differences and transaction costs shape and reshape each other over time. This meaning comes from Jacobides (2005) in Strategic Management Journal.[1]

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Nearby constructs

capability4 fields · 8 citationsjingle · one word, four constructs industry1 fields · 1 citationsanchor · a standalone construct transaction cost4 names · 5 citationsjangle · the cost of using the market

References

Jacobides, M. G., & Winter, S. G. (2005). The co‐evolution of capabilities and transaction costs: explaining the institutional structure of production. Strategic Management Journal, 26(5), 395-413. https://doi.org/10.1002/smj.460

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