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The Twenty-First-Century Firm : Changing Economic Organization in International Perspective - Paul Dimaggio

The Twenty-First-Century Firm

Changing Economic Organization in International Perspective

By: Paul Dimaggio (Editor)

Paperback Published: 22nd July 2003
ISBN: 9780691116310
Number Of Pages: 288

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Students of management are nearly unanimous (as are managers themselves) in believing that the contemporary business corporation is in a period of dizzying change. This book represents the first time that leading experts in sociology, law, economics, and management studies have been assembled in one volume to explain the varying ways in which contemporary businesses are transforming themselves to respond to globalization, new technologies, workforce transformation, and legal change. Together their essays, whose focal point is an emerging network form of organization, bring order to the chaotic tumble of diagnoses, labels, and descriptions used to make sense of this changing world.

Following an introduction by the editor, the first three chapters--by Walter Powell, David Stark, and Eleanor Westney--report systematically on change in corporate structure, strategy, and governance in the United States and Western Europe, East Asia, and the former socialist world. They separate fact from fiction and established trend from extravagant extrapolation. This is followed by commentary on them: Reinier Kraakman affirms the durability of the corporate form; David Bryce and Jitendra Singh assess organizational change from an evolutionary perspective; Robert Gibbons considers the logic of relational contracting in firms; and Charles Tilly probes the deeper historical context in which firms operate. The result is a revealing portrait of the challenges that managers face at the dawn of the twenty-first century and of how the diverse responses to those challenges are changing the nature of business enterprise throughout the world.

Industry Reviews

"An important addition to the literature on organizations and economic sociology. Major scholars in sociology and other areas contributed to this collection of original essays, which is blessed by coherent introductory and concluding essays by the editor."--Richard H. Hall, Contemporary Sociology "The Twenty-First Century Firm is highly successful in unpacking the concept of network forms of organization."--Martin Ruef, Administrative Science Quarterly

Introduction: Making Sense of the Contemporary Firm and Prefiguring Its Futurep. 3
Portraits From Three Regionsp. 31
The Capitalist Firm in the Twenty-First Century: Emerging Patterns in Western Enterprisep. 33
Ambiguous Assets for Uncertain Environments: Heterarchy in Postsocialist Firmsp. 69
Japanese Enterprise Faces the Twenty-First Centuryp. 105
Commentariesp. 145
The Durability of the Corporate Formp. 147
The Future of the Firm from an Evolutionary Perspectivep. 161
Firms (and Other Relationships)p. 186
Welcome to the Seventeenth Centuryp. 200
Conclusion: The Futures of Business Organization and Paradoxes of Changep. 210
Referencesp. 245
Indexp. 271
Table of Contents provided by Ingram. All Rights Reserved.

ISBN: 9780691116310
ISBN-10: 0691116318
Audience: Tertiary; University or College
Format: Paperback
Language: English
Number Of Pages: 288
Published: 22nd July 2003
Publisher: Princeton University Press
Country of Publication: US
Dimensions (cm): 22.86 x 15.24  x 2.54
Weight (kg): 0.39