Search for a Historically Relevant Firm Theory:

By Michael Dietrich, Jackie Krafft
English

The article analyzes whether the economics of the firm is, or can be, historically relevant. To answer this question, the well-known historical case of the Fisher Body-General Motors vertical integration is revisited. The opening of the archives related to this case gives a major opportunity to reconsider the case, and to propose new guidelines for a historically relevant theory of the firm. JEL codes: L20, N80, O30

Keywords

  • vertical integration
  • theory of the firm
  • historical relevance and empirical relevance
  • Body Fisher-General Motors