Line1: Economic Logic of Organizational Forms
Refers to investigation of strategies and networks of organizations; coordination, efficiency, bargaining, and value-adding strategies.
A relevant theoretical innovation of Transaction Costs Economics (TCE) is the proposition that organizational forms can be explained based on the attributes of the transactions conducted by them. Organizations, under this approach, are susceptible to analysis, not constituting a simple (exogenous) element introduced in the economic system, but rather resulting from a rational choice or an evolutionary process. However, as emphasized in economic sociology approaches, some choices are limited by restrictions or determinants defined by formal aspects (regulations, laws, etc.) and informal aspects (norm and social values). These aspects often hinder the unrestricted search for “efficiency,” inducing limited choices, or choices restrained by external institutional parameters.
Line2: Value chains and knowledge and technology transfer
Refers to analysis of technology from the perspective the agent’s organization and the market opportunities; the analysis of the transfer of knowledge and technology; the development of product and process technology, and the analysis of value chains.
The choice of a production technology does not occur in a vacuum. Success depends on institutions and organizational arrangements – the subject of study in Line 1. Therefore, in an innovative proposal, research line 2 deals with the empirical realm of the relationship between technological and organizational arrangements, with the main proposition of sustainable technology development in its broadest sense (which connects to line 3, propositions of public and private policies, described below). The reason for this is that the technical dimension of the production process, despite its extreme importance, is not sufficient to explain the organizational arrangements that set in motion a specific technological route. Contrary to the neoclassical hypothesis, technology is not immediately accessible to all agents, since there are costs for its transfer, absorption, and use. Identifying the processes of technology transfer can contribute to the design of new technology and governance structures adapted to specific social groups (which, if left to the market only, would be excluded from the benefits of available technical knowledge) .
Line3: Institutions, public policies, and organizational development
Refers to the analysis of institutions.
Organizations incur costs when conducting transactions, as well as in their process of self-construction; institutions influence these costs. Based on these premises, one can examine the efficiency of institutions and design organizations able to explore the value creation opportunities created by a specific institutional system.