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Profit Power EconomicsA New Competitive Strategy for Creating Sustainable Wealth$
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Mia A. M. de Kuijper

Print publication date: 2009

Print ISBN-13: 9780195171631

Published to Oxford Scholarship Online: February 2010

DOI: 10.1093/acprof:oso/9780195171631.001.0001

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The Shape of the 21st-Century Firm

The Shape of the 21st-Century Firm

(p.105) Chapter 8 The Shape of the 21st-Century Firm
Profit Power Economics

Mia de Kuijper

Oxford University Press

A nexus of focused companies glued together by power relationships will replace vertical integration as the prevailing archetype for the firm. This chapter proposes a new theory of the firm and a new approach to industrial organization that is more comprehensive than that of previous authors. The chapter reviews previous research, e.g., Limits of the Organization by Kenneth Arrow; Markets and Hierarchies by Oliver Williamson; Co-opetition by B. Nalebuff.

Keywords:   21st-century firm, nexus of relationships, vertical integration, archetype, firm, theory of the firm, industrial organization, arrow, hierarchies and markets, co-opetition, comprehensive

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