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| The Core-capital Is the Sufficient and Necessary Condition for A Firm to Come Into Being--A Review and Prospect to the Research on the Nature of A Firm |
| 深圳职业技术学院经济与社会发展研究中心,广东深圳518055 |
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Abstract To the nature of a firm or the reason to be a firm, Marxism economics gives its explanation from the interest of devision of the work and the labor. The modern firm theories explore it from a new point of view with the base of transaction costs and provide a principle model for us to process it in-depth and professionally. The paper thinks that, the core-capital's appearance and being identified by the community is the sufficient and necessary condition for a firm to come into being, while the transaction costs of the modern firm theories only answer the necessary condition.
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Received: 25 May 2004
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