Employees and entrepreneurship : co-ordination and spontaneity in non-hierarchical business organizations

1. Introduction -- 2. The hierarchical theory of the firm -- 3. The knowledge problem in firms -- 4. Spontaneous order in decentralized firms -- 5. Employees as creative agents -- 6. Conclusion

Main Author: Pongracic, Ivan
Corporate Author: Edward Elgar Publishing
Format: eBook
Language:English
Published: Cheltenham, U.K Edward Elgar 2009
Series:New thinking in political economy
Subjects:
Online Access:
Collection: Edward Elgar eBook Archive - Collection details see MPG.ReNa
Summary:1. Introduction -- 2. The hierarchical theory of the firm -- 3. The knowledge problem in firms -- 4. Spontaneous order in decentralized firms -- 5. Employees as creative agents -- 6. Conclusion
Over the last few decades, there has been a great deal of management literature recommending the removal of firms' hierarchies and the empowerment of employees. Ivan Pongracic, Jr. examines these themes through the lense of the economic theory of the firm. Balancing the tendency for management literature to overlook basic costs and trade-offs of decentralization, and the rigidity of economics that hinders an appreciation for the real world phenomenon of decentralization, this book arrives at a realistic middle ground between the two extremes. The dance between hierarchy and employee empowerment exists in even the most hierarchical firms, and this book explores this often overlooked dynamic
Physical Description:xii, 143 p
ISBN:9781847208064
1847208061
9781848446137