The integrated resource-based and transaction cost approach to the growth process of firms

2016
journal article
article
9
cris.lastimport.wos2024-04-10T02:46:52Z
dc.abstract.enThe purpose of this paper is to discuss the process of entrepreneurial growth from the perspective of the resource-based view (RBV) of the firm and transaction cost theory (TCT) and to formulate propositions regarding the entrepreneurs' decisional rules and structural elements in this process. The argumentation draws upon three fields of academic research, namely, entrepreneurship studies on firm growth as well as strategic management and organization science studies on company scope and size (boundary). A systematic review of the literature was performed that combines the RBV and TCT to explain a firm's boundary. Three levels of entrepreneurial decisional rules in the process of growth were identified. The first level includes main decisional criteria. The second level approaches the structural elements of growth process, namely, its motives, rationale, mechanism and modes. The third level assumes evolutionary approach to decision making, namely, feedback relationships among transaction costs, governance and capabilities to create value from growth. The paper broadens the early stream of research in the process of entrepreneurial growth. It contributes to explaining the way growth is realized, instead of identifying its predictors, which has dominated in to-date studies. The entrepreneurs' decisional rules and choices in the process of expansion were suggested. Moreover, the integrated RBV-TCT approach was proposed as a theoretical background for studying this phenomenon.pl
dc.affiliationWydział Zarządzania i Komunikacji Społecznej : Instytut Ekonomii, Finansów i Zarządzaniapl
dc.contributor.authorGancarczyk, Marta - 242413 pl
dc.date.accessioned2016-12-09T11:07:29Z
dc.date.available2016-12-09T11:07:29Z
dc.date.issued2016pl
dc.description.additionalThe paper is a result of the project financed by Polish National Science Centre (Narodowe Centrum Nauki) – Decision no. DEC-2013/09/B/HS4/01938pl
dc.description.number7pl
dc.description.physical1189-1216pl
dc.description.volume29pl
dc.identifier.doi10.1108/JOCM-05-2016-0078pl
dc.identifier.eissn1758-7816pl
dc.identifier.issn0953-4814pl
dc.identifier.projectDEC-2013/09/B/HS4/01938pl
dc.identifier.urihttp://ruj.uj.edu.pl/xmlui/handle/item/33480
dc.languageengpl
dc.language.containerengpl
dc.participationGancarczyk, Marta: 100%;pl
dc.rightsDodaję tylko opis bibliograficzny*
dc.rights.licencebez licencji
dc.rights.uri*
dc.subject.enresource-based viewpl
dc.subject.enfirm boundariespl
dc.subject.entransaction cost theorypl
dc.subject.endecisional rulespl
dc.subject.enfirm growthpl
dc.subject.engrowth processpl
dc.subtypeArticlepl
dc.titleThe integrated resource-based and transaction cost approach to the growth process of firmspl
dc.title.journalJournal of Organizational Change Managementpl
dc.typeJournalArticlepl
dspace.entity.typePublication
cris.lastimport.wos
2024-04-10T02:46:52Z
dc.abstract.enpl
The purpose of this paper is to discuss the process of entrepreneurial growth from the perspective of the resource-based view (RBV) of the firm and transaction cost theory (TCT) and to formulate propositions regarding the entrepreneurs' decisional rules and structural elements in this process. The argumentation draws upon three fields of academic research, namely, entrepreneurship studies on firm growth as well as strategic management and organization science studies on company scope and size (boundary). A systematic review of the literature was performed that combines the RBV and TCT to explain a firm's boundary. Three levels of entrepreneurial decisional rules in the process of growth were identified. The first level includes main decisional criteria. The second level approaches the structural elements of growth process, namely, its motives, rationale, mechanism and modes. The third level assumes evolutionary approach to decision making, namely, feedback relationships among transaction costs, governance and capabilities to create value from growth. The paper broadens the early stream of research in the process of entrepreneurial growth. It contributes to explaining the way growth is realized, instead of identifying its predictors, which has dominated in to-date studies. The entrepreneurs' decisional rules and choices in the process of expansion were suggested. Moreover, the integrated RBV-TCT approach was proposed as a theoretical background for studying this phenomenon.
dc.affiliationpl
Wydział Zarządzania i Komunikacji Społecznej : Instytut Ekonomii, Finansów i Zarządzania
dc.contributor.authorpl
Gancarczyk, Marta - 242413
dc.date.accessioned
2016-12-09T11:07:29Z
dc.date.available
2016-12-09T11:07:29Z
dc.date.issuedpl
2016
dc.description.additionalpl
The paper is a result of the project financed by Polish National Science Centre (Narodowe Centrum Nauki) – Decision no. DEC-2013/09/B/HS4/01938
dc.description.numberpl
7
dc.description.physicalpl
1189-1216
dc.description.volumepl
29
dc.identifier.doipl
10.1108/JOCM-05-2016-0078
dc.identifier.eissnpl
1758-7816
dc.identifier.issnpl
0953-4814
dc.identifier.projectpl
DEC-2013/09/B/HS4/01938
dc.identifier.uri
http://ruj.uj.edu.pl/xmlui/handle/item/33480
dc.languagepl
eng
dc.language.containerpl
eng
dc.participationpl
Gancarczyk, Marta: 100%;
dc.rights*
Dodaję tylko opis bibliograficzny
dc.rights.licence
bez licencji
dc.rights.uri*
dc.subject.enpl
resource-based view
dc.subject.enpl
firm boundaries
dc.subject.enpl
transaction cost theory
dc.subject.enpl
decisional rules
dc.subject.enpl
firm growth
dc.subject.enpl
growth process
dc.subtypepl
Article
dc.titlepl
The integrated resource-based and transaction cost approach to the growth process of firms
dc.title.journalpl
Journal of Organizational Change Management
dc.typepl
JournalArticle
dspace.entity.type
Publication
Affiliations

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