Abstract

http://ssrn.com/abstract=2212592
 


 



Hayek and Organizational Studies


Nicolai J. Foss


Copenhagen Business School - Department of Strategic Management and Globalization

Peter G. Klein


University of Missouri, Division of Applied Social Sciences; Norwegian School of Economics and Business Administration; Ludwig von Mises Institute

February 3, 2013

OXFORD HANDBOOK OF SOCIOLOGY, SOCIAL THEORY AND ORGANIZATIONAL STUDIES: CONTEMPORARY CURRENTS, Paul Adler, Paul du Gay, Glenn Morgan, Mike Reed, eds., Oxford University Press, 2013

Abstract:     
We briefly survey Hayek’s work and argue for its increasing relevance for organizational scholars. Hayek’s work inspired aspects of the transaction cost approach to the firm as well as knowledge management and knowledge-based view of the firm. But Hayek is usually seen within organizational scholarship as a narrow, technical economist. We hope to change that perception here by pointing to his work on rules, evolution, entrepreneurship and other aspects of his wide-ranging oeuvre with substantive implications for organizational theory.

Number of Pages in PDF File: 29

Keywords: Friedrich Hayek, organizational theory, dispersed knowledge, evolved rules, subjectivism, entrepreneurship

JEL Classification: B25, B5, D23

Accepted Paper Series


Download This Paper

Date posted: February 6, 2013  

Suggested Citation

Foss, Nicolai J. and Klein, Peter G., Hayek and Organizational Studies (February 3, 2013). OXFORD HANDBOOK OF SOCIOLOGY, SOCIAL THEORY AND ORGANIZATIONAL STUDIES: CONTEMPORARY CURRENTS, Paul Adler, Paul du Gay, Glenn Morgan, Mike Reed, eds., Oxford University Press, 2013. Available at SSRN: http://ssrn.com/abstract=2212592

Contact Information

Nicolai J. Foss (Contact Author)
Copenhagen Business School - Department of Strategic Management and Globalization ( email )
Porcelænshaven 24
Frederiksberg, 2000
Denmark
+45 3815 3030 (Phone)
+45 3815 3035 (Fax)
HOME PAGE: http://www.cbs.dk/staff/nicolai_foss
Peter G. Klein
University of Missouri, Division of Applied Social Sciences ( email )
135 Mumford Hall
Columbia, MO 65211
United States
573-882-7008 (Phone)
HOME PAGE: http://web.missouri.edu/~kleinp
Norwegian School of Economics and Business Administration ( email )
Breiviksveien 40
N-5045 Bergen
Norway
Ludwig von Mises Institute ( email )
Auburn, AL
United States
Feedback to SSRN


Paper statistics
Abstract Views: 1,212
Downloads: 218
Download Rank: 77,502
People who downloaded this paper also downloaded:
1. Managers and Market Capitalism
By Rebecca Henderson and Karthik Ramanna

Paper comments
No comments have been made on this paper

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo8 in 0.312 seconds