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A New Explanation of Firm's Essence—The Studyof the Knowledge-based Theory of Firm

Zu-Ping Zhu

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Abstract

Fistly,the paper analyzes the original of the knowledge-based theory of the firm.Then,on the base of analyzing the knowledge trait of the firm,the paper adopts the knowledge-based theory of the firm to explain the firm's essence in a completely new way.

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What this paper is about

Fistly,the paper analyzes the original of the knowledge-based theory of the firm.Then,on the base of analyzing the knowledge trait of the firm,the paper adopts the knowledge-based theory of the firm to explain the firm's essence in a completely new way.

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Available abstract

Fistly,the paper analyzes the original of the knowledge-based theory of the firm.Then,on the base of analyzing the knowledge trait of the firm,the paper adopts the knowledge-based theory of the firm to explain the firm's essence in a completely new way.

Key concepts: Theory of the firm, Business, Knowledge management, Knowledge base, Base (topology), Industrial organization, Capital call, Microeconomics

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