Call for Papers - Special Issue: Organizational Economics and Organizational Capabilities: From Opposition and Complementarity to Real Integration

Two broad strands of literature have emerged as particularly central to organizational strategy and the theory of the firm: organizational economics and the capability (or resource-based) literature. While organizational economics highlights organizational efficiency and has clear implications for the organization of transactions, it has been criticized for saying very little about organizational heterogeneity and therefore (sustainable) performance differences. Meanwhile, the capabilities literature has been lauded as a theory of organizational heterogeneity and sustainable performance differences, but criticized for an inability to address the organizational forms and governance arrangements that create these capability differences.