Capitalist Enterprises Reshape Economic Landscape, Challenging Traditional Firm Theory
The article discusses a different way of looking at how businesses operate, called the production perspective of firm theory. This perspective has been shaped by the growth of capitalist businesses. Researchers have been studying how businesses work in modern economics, focusing on innovation, networks, and historical context. These studies show how businesses operate in different stages of development. However, they tend to focus only on certain aspects of businesses within a specific social structure.