Survival of the Fittest: Firms Evolve into Efficient Social Partners
A firm can be seen as a self-reproducing system, with key elements like specific technologies, implementers, tutors, and a coordinator. This self-reproduction is important for the firm to survive and evolve efficiently in society. The focus on a firm's self-reproductive function may sometimes prioritize being a good social partner over maximizing profits. This shift towards a self-reproductive firm is already happening and is part of its natural evolution towards a more complex and efficient social structure.