Abstract

Oliver Williamson’s contributions to many subfields of economics are salutary. However, he was recognized by the Nobel Laureate Committee primarily for his work on the boundaries (scale and scope) of the firm. This tribute endeavors to marry Williamson’s transaction cost economics with a capabilities framework to obtain new insights into how the scope and scale of technology companies influence their competitive performance in today’s digital economy. The role of big data and learning are highlighted. Strong implications for competition policy, and for management, emerge from the fusion of the two frameworks. Such fusion yields a more granular view of management and policy issues but requires the policy analyst to understand not just industrial economics but also the technology management literature which also has useful insights for competition policy and regulatory professionals.

中文翻译：

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创新，治理和能力：对竞争政策的影响诺贝尔奖获得者奥利弗·威廉姆森（Oliver Williamson）的同事和Mentee David J. Teece致敬

摘要

奥利弗·威廉姆森（Oliver Williamson）对经济学的许多子领域的贡献是有益的。但是，他因其在公司边界（规模和范围）方面的工作而获得诺贝尔奖获得者委员会的认可。这致力使Williamson的交易成本经济学与能力框架结合起来，以获得对技术公司的范围和规模如何影响其在当今数字经济中的竞争绩效的新见解。强调了大数据和学习的作用。两个框架的融合对竞争政策和管理产生了重大影响。