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Modularity in Technology and Organization

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TLDR
While characteristically "Austrian" themes such as entrepreneurship, economic calculation, tacit knowledge and the temporal structure of capital are clearly relevant to the business firm, Austrian economists have said relatively little about management, organization, and strategy.
Abstract
While characteristically ‘Austrian' themes such as entrepreneurship, economic calculation, tacit knowledge and the temporal structure of capital are clearly relevant to the business firm, Austrian economists have said relatively little about management, organization, and strategy. This innovative book features 12 chapters that all seek to advance the understanding of these issues by drawing on Austrian ideas.

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Journal ArticleDOI

The Entrepreneurial Theory of the Firm and the Theory of the Entrepreneurial Firm

TL;DR: The entrepreneurial theory of the firm argues that entrepreneurship, properly understood, is a crucial but neglected element in explaining the nature and boundaries of a particular type of firm: one that is entrepreneurial as discussed by the authors.
Journal ArticleDOI

Incentive Regulation and Its Application to Electricity Networks

TL;DR: In this paper, the authors examine developments since the publication of The Economics of Regulation in the theory of incentive regulation and its application to the regulation of unbundled electricity transmission and distribution networks.
Journal ArticleDOI

Generative representations for the automated design of modular physical robots

TL;DR: This work demonstrates an automatic design system that produces complex robots by exploiting the principles of regularity, modularity, hierarchy, and reuse, and demonstrates for the first time the evolution and construction of modular, three-dimensional, physically locomoting robots.
Journal ArticleDOI

Modularity‐as‐Property, Modularization‐as‐Process, and ‘Modularity'‐as‐Frame: Lessons from Product Architecture Initiatives in the Global Automotive Industry

TL;DR: This single-industry case study demonstrates the importance of examining the context-specific antecedents of module definition; the multiplicity of potential barriers to modularity that can lead to persistent integrality; the need for longitudinal inquiry into the ‘mirroring’ hypothesis that pays as much attention to process as to property.
Book ChapterDOI

Modularity in Process Models: Review and Effects

TL;DR: This paper turned to modular process models from practice to study their merits and set up an experiment involving professional process modelers and tested the effect of modularization on understanding, finding that modularity appears to pay off.
References
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Book

Institutions, Institutional Change and Economic Performance

TL;DR: Douglass C. North as discussed by the authors developed an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time.
Journal ArticleDOI

The Economic Institutions of Capitalism

TL;DR: The Economic Institutions of Capitalism as mentioned in this paper is a seminal work in the field of economic institutions of capitalism. Journal of Economic Issues: Vol. 21, No. 1, pp. 528-530.
Journal ArticleDOI

Knowledge of the Firm, Combinative Capabilities, and the Replication of Technology

TL;DR: In this paper, the authors argue that what firms do better than markets is the sharing and transfer of the knowledge of individuals and groups within an organization, and that knowledge is held by individuals but is also expressed in regularities by which members cooperate in a social community (i.e., group, organization, or network).
Book

Principles of Economics

TL;DR: In this article, the authors present a survey of the general relations of demand, supply, and value in terms of land, labour, capital, and industrial organization, with an emphasis on the fertility of land.
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