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Incorporating several approaches including transaction cost economics, property rights theory, and industrial organization economics into the analysis, this paper provides an integrative view of the knowledge-driven alliances, demonstrating that the motives and stability of these alliances are determined by the characteristics of markets, firms, knowledge, and contractual arrangements. Clearly, the transaction cost economics for most small and medium business enterprises dictate the necessity to move goods and services to a Web commerce platform and essentially lower the operational burden associated with selling to customers," said Frank J. Editorial will focus on the agricultural and food industry worldwide and covers advances in game theory, economics of information, transaction cost economics, and bargaining theory in the analysis of agricultural and food industrial organization and policy issues. |
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