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New book: Problem of Production (Routledge)

  • 1.  New book: Problem of Production (Routledge)

    Posted 01-13-2016 09:28

    All,

     

    This should be of interest to those of you doing research within the theory of the firm or related to the firm formation process and the entrepreneurial firm: My new book, The Problem of Production: A New Theory of the Firm, which was recently released by Routledge. The publisher's web page for the book is here: https://www.routledge.com/products/9781848935297 .

     

    The publisher's description of the book:

    "This book develops a theory of the firm as an economic phenomenon with unique market value grounded in specialisation. In contrast to most existing theories, it places the firm within the context of the evolving market process and as a 'missing' piece of the puzzle of economic development, progress, and wealth creation. The firm here emerges as a means for the implementation of innovative productive solutions that cannot be brought about through market exchange.

     

    This theory successfully places the firm as a function in the market process that helps us explain the dynamics of market progress and economic growth. It also separates economic from legal aspects and therefore produces a theory of the firm that is neither dependent on nor refers to the 'legal firm' (this separates the theory from many others). By doing this, the theory adds a new dimension to the economics of organisations, the economics of institutions, suggests increased applicability of microeconomic theory, and supplies a previously missing piece in the 'Austrian' economic theory of the market."

     

    If anyone is interested in reviewing for a journal, I'd be happy to facilitate review copies through the publisher. Note that they require that you already have a somewhat firm commitment from the journal to publish (or at least seriously consider) the review.

     

    Please also consider requesting the book through your university's library.

     

     

    Per Bylund

     

     

    Per L. Bylund, PhD

    Assistant Professor School of Entrepreneurship

    Records-Johnston Professorship of Free Enterprise

     

    Spears School of Business

    Oklahoma State University

    217 Business Building

    Stillwater, OK 74078-4011

     

    Per.Bylund@okstate.edu

    (405) 744-4301

     

     

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