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Introduction

Economic Institutions of Strategy

ISBN: 978-1-84855-486-3, eISBN: 978-1-84855-487-0

Publication date: 22 September 2009

Abstract

To assess the impact of TCE on the field of strategy, we first quantified the distribution of TCE-related research articles across all disciplines and fields. Specifically, we identified every article that appeared in a journal included in the Institute for Scientific Information's (ISI's) Web of Knowledge between 1975 and 2008 and that included among its keywords some variation of “transaction costs.” We then removed those articles for which this term clearly did not refer to transaction costs of the Coasean kind (primarily articles in finance and computing, for which “transaction cost” has a different meaning). Finally, we categorized each journal according to its discipline or field. Granted, this requires some judgment, but we attempted to be objective in our categorizations.1 As Table 1 shows, articles that are self-described as part of the TCE research stream have appeared more frequently in strategy journals than in the journals of any other discipline or field. We interpret this as evidence of TCE's impact on strategy, and of the importance of the strategy field to TCE.

Citation

Nickerson, J.A. and Silverman, B.S. (2009), "Introduction", Nickerson, J.A. and Silverman, B.S. (Ed.) Economic Institutions of Strategy (Advances in Strategic Management, Vol. 26), Emerald Group Publishing Limited, Leeds, pp. xvii-xxx. https://doi.org/10.1108/S0742-3322(2009)0000026002

Publisher

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Emerald Group Publishing Limited

Copyright © 2009, Emerald Group Publishing Limited