Chapter 8. Economic Development, the Institution of the Firm, and Entrepreneurship

  1. Xiaokai Yang

Published Online: 14 JAN 2008

DOI: 10.1002/9780470752036.ch8

Economic Development and the Division of Labor

Economic Development and the Division of Labor

How to Cite

Yang, X. (ed) (2003) Economic Development, the Institution of the Firm, and Entrepreneurship, in Economic Development and the Division of Labor, Blackwell Publishing Ltd, Malden, MA, USA. doi: 10.1002/9780470752036.ch8

Publication History

  1. Published Online: 14 JAN 2008
  2. Published Print: 1 JAN 2003

ISBN Information

Print ISBN: 9780631220039

Online ISBN: 9780470752036

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Keywords:

  • revolution;
  • division of labor;
  • pricing;
  • producers;
  • employee

Summary

This chapter contains section titled:

  • WHAT IS THE INSTITUTION OF THE FIRM?

  • WHY ARE CLAIMS TO RESIDUAL RIGHTS OF THE FIRM ESSENTIAL FOR NURTURING ENTREPRENEURSHIP? — THE STORY BEHIND THE MODEL

  • THE EMERGENCE OF THE FIRM FROM THE EVOLUTION OF DIVISION OF LABOR

  • THE DISTINCTION BETWEEN AND PRODUCTION FUNCTIONS, AND THE ROLE OF THE INSTITUTION OF THE FIRM IN ECONOMIC DEVELOPMENT

  • THE COASE THEOREM AND OTHER THEORIES OF THE FIRM