A tribute to Oliver Williamson: Williamson's impact on the theory and practice of management

California Management Review

Volumn 52, Issue 2, 2010, Pages 167-176

  Teece, David J ^a  

^a UNIVERSITY OF CALIFORNIA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 77950324693     PISSN: 00081256     EISSN: None     Source Type: Journal    
DOI: 10.1525/cmr.2010.52.2.167     Document Type: Article

References (40)

1. L. Evans, A. Grimes, and B. Wilkinson, with D. Teece, "Economic Reform in New Zealand 1984-95: The Pursuit of Efficiency," Journal of Economic Literature, 34/4 (December 1996): 1856-1902.
2. O.E. Williamson, "Alfred D. Chandler," Biographical Memoirs, Proceedings of the American Philosophical Society, 153/2 (June 2009): 226-227.
3. H.O. Armour and D.J. Teece, "Organizational Structure and Economic Performance: A Test of the Multidivisional Hypothesis," The Bell Journal of Economics, 9/1 (Spring 1978): 106-122;
4. D.J. Teece, "Internal Organization and Economic Performance: An Empirical Analysis of the Profitability of Principal Firms, "Journal of Industrial Economics, 30/2 (December 1981): 173-199.
5. "Competitive conditions" implies that the required production capabilities are ubiquitously distributed across suppliers.
6. DJ. Teece, "Profiting from Technological Innovation," Research Policy, 15/6 (December 1986): 285-305;
7. D.J. Teece, "Reflections on Profiting from Innovation," Research Policy, 35/8 (October 2006): 1131-1146.
8. S.G. Winter, "The Logic of Appropriability: From Schumpeter to Arrow to Teece," Research Policy, 35/8 (October 2006): 1100-1106.
9. O.E. Williamson, "Corporate Finance and Corporate Governance," Journal of Finance. 43/3 (July 1988): 567-591.
10. G.P. Pisano, Science Business: The Promise, the Reality, and the Future of Biotech (Boston, MA: Harvard Business School Press, 2006).
11. G.P. Pisano, "The Governance of Innovation: Vertical Integration and Collaborative Arrangements in the Biotechnology Industry," Research Policy, 20/3 (June 1991): 237-249.
12. See K. Monteverde and D.J. Teece, "Appropriable Rents and Quasi-Vertical Integration," Journal of Law and Economics, 25/2 (October 1982): 321-328.
13. D.J. Teece, Vertical Integration and Vertical Divestiture in the U.S. Petroleum Industry (Stanford, CA: Stanford Institute for Energy Studies, 1976);
14. H.O. Armour and D.J. Teece, "Organizational Structure and Economic Performance: A Test of the Multidivisional Hypothesis," Bell Journal of Economics, 9/1 (Spring 1978): 106-122.
15. K. Monteverde and D.J. Teece, "Supplier Switching Costs and Vertical Integration in the Automobile Industry," Bell Journal of Economics, 13/1 (Spring 1982): 206-213;
16. Monteverde and Teece (October 1982), op. cit.
17. S. Masten, "The Organization of Production: Evidence from the Aerospace Industry," Journal of Law and Economics, 27/2 (October 1984): 403-417.
18. E. Anderson and D.C. Schmittlein, "Integration of the Sales Force: An Empirical Examination," RAND Journal of Economics, 15/3 (Autumn 1984): 385-395.
19. H.A. Shelanski and P.G. Klein, "Empirical Research in Transaction Cost Economics: A Review and Assessment," Journal of Law, Economics, & Organization, 11/2 (October 1995): 335-361.
20. J. Stuckey and D. White, "When and When Not to Integrate," Sloan Management Review, 34/3 (Spring 1993): 71-83.
21. The earlier focus was more on market, not organizational, factors. However, an excellent treatment of organizational factors can be found in Williamson's discussion of the limits of vertical integration in O.E. Williamson, Markets and Hierarchies: Analysis and Antitrust Implications (New York, NY: Free Press, 1975).
22. Illustrative efforts are H. Chesbrough and D.J. Teece, "When Is Virtual Virtuous? Organizing for Innovation" Harvard Business Review, 74/1 (January/February 1996): 65-73;
23. D.C. Mowery, J.E. Oxley, and B.S. Silverman, "Strategic Alliances and Interfirm Knowledge Transfer," Strategic Management Journal, 17 (Winter 1996 Spedal Issue): 77-91.
24. The first efforts to show application of the transaction cost economics framework in the context of the diversification were D.J. Teece "Economies of Scope and the Scope of the Enterprise," Journal of Economic Behavior and Organization, 1/3 (September 1980): 223-247;
25. D.J. Teece, "Towards an Economic Theory of the Multiproduct Firm," Journal of Economic Behavior and Organization, 3/1 (March 1982): 39-63.
26. Empirical tests in the transaction cost economics spirit that statistically explain diversification activities include C.E. Helfat, "Know-How and Asset Complementarity and Dynamic Capability Accumulation: The Case of R&D," Strategic Management Journal, 18/5 (May 1997): 339-360.
27. See R.A. Coase, "The Nature of the Firm," Economica, 4/16 (November 1937): 386-405.
28. P.J. Buckley and M. Casson, The Future of the Multinational Enterprise (London: Holms and Meier, 1976).
29. D.J. Teece, "Internal Organization and Economic Performance: An Empirical Analysis of the Profitability of Prindpal Firms," Journal of Industrial Economics, 30/2 (December 1981): 173-199;
30. Teece (1982), op. cit.;
31. D.J. Teece, "Multinational Enterprise, Internal Governance, and Industrial Organization," American Economic Review, 75/2 (May 1985): 233-238.
32. O.E. Williamson, "Comparative Economic Organization: The Analysis of Discrete Structural Alternatives," Administrative Science Quarterly, 36/2 (June 1991): 269-296.
33. Early efforts to employ TCE to explain alliances include Teece (1986), op. cit.;
34. G.P. Pisano, M.V. Russo, and D.J. Teece, "Joint Ventures and Collaborative Agreements in the Telecommunications Equipment Industry," in D. Mowery, ed.. International Collaborative Ventures in US Manufacturing (Cambridge, MA: Ballinger, 1988), pp. 23-70;
35. G.P. Pisano, W. Shan, and D.J. Teece, "Joint Ventures and Collaboration in the Biotechnology Industry" in D. Mowery, ed.. International Collaborative Ventures in US Manufacturing (Cambridge, MA: Ballinger, 1988), pp. 183-222;
36. G.P. Pisano and D.J. Teece, "Collaborative Arrangements and Global Technology Strategy: Some Evidence from the Telecommunications Equipment Industry," in R.A. Burgelman and R.S. Rosenbloom, eds., Research on Technological Innovation, Management and Policy, Volume 4 (Greenwich, CT: JAI Press, 1989), pp. 227-256.
37. O.E. Williamson, The Economic Institutions of Capitalism: Firms. Markets, Relational Contracting, (New York, NY: Free Press, 1985), p. 143.
38. A. Shuen, "Technology Sourcing and Learning Strategies in the Semiconductor Industry," Ph.D. dissertation. University of California, Berkeley, 1994.
39. J.M. de Figueiredo and D.J. Teece, "Mitigating Procurement Hazards in the Context of Innovation," Industrial and Corporate Change, 5/2 (1996): 537-559.
40. J.M. de Figueiredo and D.J. Teece. Industrial and Corporate Change, 5/2 (1996): 537-559 (1996).