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Industrial and Corporate Change 2008 17(3):533-583; doi:10.1093/icc/dtn016
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© The Author 2008. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved.

Meta-paradigm change and the theory of the firm

Paul Nightingale

Correspondence: Dr Paul Nightingale, SPRU, Freeman Centre, University of Sussex, Falmer, Brighton, BN1 9QE, UK. e-mail: p.nightingale{at}sussex.ac.uk

Many seemingly unrelated debates on the theory of the firm are in fact part of a single, deeper transformation of the social sciences. As the foundational assumptions of 20th century social science have slowly been shown by science to be false, new sub-paradigms have emerged, which cumulatively drop (i) theoretical assumptions about markets to explain firms; (ii) epistemological assumptions about knowledge to explain diversity; and (iii) metaphysical assumptions about causality to explain technical change. Debates occur across each of these levels.


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