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