In 1937 Ronald H. Coase published a classic paper, "The Nature of the Firm." This classic study is discussed by Oliver E. Williamson and Sidney G. Winter as they address a topic of increasing importance in the field of economics: what is the nature of the firm in economic analysis? The study examines the impact on a firm's organization of the costs associated with producing and selling products.
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the evolution of the theory is interesting, several important issues are discussed, and the suggestions for future research are illuminating ... For those not familiar with this literature, the book provides a clear exposition of its origins and key ideas. (Business History)
Now including R. H. Coase's Nobel Lecture
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