@article{burciu2016theory,
  title = {Theory of Organizations: New Answers to Old Questions},
  author = {Aurel Burciu and Rozalia Kicsi},
  year = 2016,
  url = {https://ibimapublishing.com/articles/JEERBE/2016/512584/},
  journal = {Journal of Eastern Europe Research in Business and Economics},
  volume = (2016),
  pages = 11,
  doi = 10.5171/2016.512584,
  abstract = {The questions regarding the optimum organization of a company have gripped an increasing interest of academicians in the mainstream economics. A growing body of literature concerning the nature of the firm has filled a real niche both in the register of macroeconomic approaches, and in that of microeconomic approaches. But the old paradigms seem to be inadequate to explain the new challenges, particularly in the context of the profound transformations which reconfigures the nowadays economy. On this background, our study proposes a model of the knowledge - based firm and business networks. In essence, we believe that an optimum model for business organization could be designed through an assertion of the core principles of management, which would provide the basis for competition and cooperation between the different categories of companies. Such a model opens up new research directions where the classical and neoclassical economics seem to have depleted their answers. },
  keywords = {organizations theory, transaction cost, knowledge-based firm, business networks},
  note = Article ID: 512584
}