Teams, Team Motivation, and the Theory of the Firm
31 Pages Posted: 11 Nov 2011
Date Written: October 31, 2011
A concern with teams was central to early attempts to grasp the nature of the firm, but fell out of favor in later work. We encourage a return to the emphasis on teams, but argue that the idea of teams as central to the nature of the firm needs to be grounded in an appreciation of the importance of We frames and group agency. We use converging insights from evolutionary anthropology, cognitive social psychology and work on team agency to develop such a grounding, and link it to the issues of the existence and boundaries of firms.
Keywords: teams, the theory of the firm, goal framing theory
JEL Classification: D23, L25, M1
Suggested Citation: Suggested Citation