Translated Title
Analysis of Enterprise Boundary within the Industrial Cluster Organization Based on Institutional Economics
Translated Abstract
The enterprise in the industrial cluster improve their boundaries driven by profit maximization,and shrink boundaries under the constraints of production costs and transaction costs in-house.The two opposite effects will make the enterprise reach the size that marginal revenue equals with marginal cost,and the enterprise maximize their profits.Now, the marginal production cost of the enterprise include transaction costs.
Translated Keyword
industrial cluster
transaction cost
enterprise boundary
Access Number
WF:perioarticalqyhl201111001
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