Integrating transaction cost and institutional theories: toward a constrained-efficiency framework for understanding organizational design adoption
Article Abstract:
Transaction costs and institutional theories are integrated in order to enhance understanding of the process by which entities adopt new organizational designs. By grafting cognitive and institutional constraints into the comparative-efficiency framework favored by transaction cost theorists, theorists using the constrained-efficiency framework demonstrate both how efficiency-seeking organizations may be biased in favor of current designs and those that are legitimated within their institutional contexts. The article closes by overlaying the constrained-efficiency framework onto the discussion about the evolution of the M-form of organization, as well as suggesting empirical and simulation strategies consistent with the logic of the constrained-efficiency framework. (Reprinted by permission of the publisher.)
Publication Name: Academy of Management Review
Subject: Business, general
ISSN: 0363-7425
Year: 1997
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Institutional entrepreneurship in mature fields: The big five accounting firms
Article Abstract:
An attempt is made to examine the change initiated from the center of mature organizational fields and also, to address the paradox of embedded agency, which identify four dynamics that form a process model of elite institutional entrepreneurship. The study also aims for a resonant theme within institutional and organizational theory, showing how actors become motivated and enabled to impose change upon institutions by which they are constrained.
Publication Name: Academy of Management Journal
Subject: Business, general
ISSN: 0001-4273
Year: 2006
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Organizational roles and transition to entrepreneurship
Article Abstract:
The organizational context of an individual, who either accelerates or retards the likelihood of entrepreneurship, depending on the individual's role in the organization, is proposed. It is also argued that the likelihood of entrepreneurial bahaviour is shaped by the structures of existing organizations and by prevailing institutional and market forces.
Publication Name: Academy of Management Journal
Subject: Business, general
ISSN: 0001-4273
Year: 2005
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