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TRANSACTION COST THEORY: PAST PROGRESS, CURRENT CHALLENGES, AND SUGGESTIONS FOR THE FUTURE

机译：交易成本理论：过去的进步，目前的挑战和未来的建议

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摘要

Transaction cost theory (TCT) has been fruitfully applied to a wide range of organizational phenomena, as reflected in a vast and evolving body of research. However, in part due to the theory's broad success, important advances in some fields have not diffused to other fields. In this essay, we lay out a path toward a pluralistic view of TCT that incorporates insights from multiple fields, primarily strategy and international business. In so doing, we critically assess the assumptions, key constructs, and evolving theoretical logic of TCT. We then propose an agenda for future research, highlighting opportunities for scholars to (a) expand and deepen the exchange of insights between strategy and international business, and further integrate TCT with the trust literature and with recent insights from behavioral economics and psychology, and (b) further apply TCT to study recent phenomena such as platforms and two-sided markets, the implications of artificial intelligence for governance decisions, and the pursuit of non-pecuniary objectives such as sustainability.
机译：交易成本理论（TCT）已经习惯于广泛的组织现象，反映在广阔而不断发展的研究体内。然而，部分原因是理论的广泛成功，某些领域的重要进步并没有扩散到其他领域。在本文中，我们展示了朝着TCT的多元化视图，其中包含多个领域的见解，主要是战略和国际业务。在这样做时，我们批判性地评估TCT的假设，关键构造和发展理论逻辑。然后，我们向未来的研究提出了议程，突出了学者向（a）的机会扩大和加深了战略和国际业务之间的见解交流，并进一步将TCT与信托文学和行为经济学和心理学的最近见解，以及（ b）进一步申请TCT研究最近的平台和双面市场的现象，人工智能对治理决策的影响，以及追求可持续性等非金钱目标。

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  • 来源
    《The Academy of Management annals》 |2021年第1期|111-150|共40页
  • 作者

    Cuypers Ilya R. P.; Hennart Jean-Francois; Silverman Brian S.; Ertug Gokhan;

  • 作者单位

    Singapore Management Univ Lee Kong Chian Sch Business Strategy Singapore Singapore;

    Tilburg Univ Int Management Emeritus Tilburg Netherlands|Politecn Milan Milan Italy|Aalborg Univ Aalborg Denmark;

    Univ Toronto Management Rotman Sch Management Toronto ON Canada|Univ Toronto Strateg Management Rotman Sch Management Toronto ON Canada;

    Singapore Management Univ Lee Kong Chian Sch Strateg Management Singapore Singapore|Singapore Management Univ Lee Kong Chian Sch Singapore Singapore;

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