The Changing Boundaries of the Firm" discusses how companies adapt by forming partnerships instead of focusing solely on cutting costs. The researchers looked at different economic theories to understand why firms do this, such as how they use their skills to grow rather than save money. They found that firms aim to learn and improve their abilities through connections with others. Instead of concentrating only on being efficient with their resources, companies now prioritize developing knowledge and skills for long-term success. This study emphasizes that firms benefit more from building expertise and connections than just trying to spend less money.