Management for Professionals

Transaction Cost Management

Strategies and Practices for a Global Open Economy

Authors: Suematsu, Chihiro

  • ​Proposes clear theoretical and operational definitions supported by numerous cases and examples
  • Presents methodologies to design functions to reduce transaction costs such as business processes and capability enhancement programs
  • Provides tips to business managers that are based on empirical studies to help understand the model and apply it in practice
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eBook $69.99
price for USA (gross)
  • ISBN 978-3-319-06889-3
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $99.00
price for USA
  • ISBN 978-3-319-06888-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $99.00
price for USA
  • Customers within the U.S. and Canada please contact Customer Service at 1-800-777-4643, Latin America please contact us at +1-212-460-1500 (Weekdays 8:30am – 5:30pm ET) to place your order.
  • Due: October 28, 2016
  • ISBN 978-3-319-34966-4
  • Free shipping for individuals worldwide
About this book

All organizations, institutions, business processes, markets and strategies have one aim in common: the reduction of transaction costs. This aim is pursued relentlessly in practice, and has been perceived to bring about drastic changes, especially in the recent global market and the cyber economy. This book analyzes and describes “transactions” as a model, on the basis of which organizations, institutions and business processes can be appropriately shaped. It tracks transaction costs to enable a scientific approach instead of a widely used “state-of-the-art” approach, working to bridge the gap between theory and practice.

About the authors

Dr. Chihiro Suematsu is a Professor at Kyoto University Graduate School of Management and Graduate School of Economics. 

He continuously pursues the subjects, open standards, processes, systems, organizations, IT, and creative problem solving. He is the author of more than 12 books. Collaboration on the Internet, modularization as an application and logical thinking as a means in particular, is one of his recent research topics. 

Through his first book, he became well-known by predicting and recommending structural changes, such as moving away from mainframe computers toward the open system architecture. Likewise, he also received recognition for his 2002 book regarding the significance of deploying modular structures for even Japanese companies. He is also well-known for facilitating a shift in education toward logical thinking capability development. 

Prior to filling the faculty position at Kyoto University, Dr. Suematsu started his career as a nuclear systems engineer for an engineering company, worked as a management consultant for McKinsey & Co., and founded a management consulting firm. 

He has been playing active roles as a board member and an advisor of various organizations, mainly in Japan and Silicon Valley, including global companies, technology venture start-up companies, governments, and NPOs. 

Dr. Suematsu earned his Bachelor of Science in Control Engineering from Tokyo Institute of Technology, his Master of Science in Management Science and Engineering from Stanford University, and his Ph.D. in Economics from Kyoto University.

Table of contents (10 chapters)

Buy this book

eBook $69.99
price for USA (gross)
  • ISBN 978-3-319-06889-3
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $99.00
price for USA
  • ISBN 978-3-319-06888-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $99.00
price for USA
  • Customers within the U.S. and Canada please contact Customer Service at 1-800-777-4643, Latin America please contact us at +1-212-460-1500 (Weekdays 8:30am – 5:30pm ET) to place your order.
  • Due: October 28, 2016
  • ISBN 978-3-319-34966-4
  • Free shipping for individuals worldwide
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Bibliographic Information

Bibliographic Information
Book Title
Transaction Cost Management
Book Subtitle
Strategies and Practices for a Global Open Economy
Authors
Series Title
Management for Professionals
Copyright
2014
Publisher
Springer International Publishing
Copyright Holder
Springer International Publishing Switzerland
eBook ISBN
978-3-319-06889-3
DOI
10.1007/978-3-319-06889-3
Hardcover ISBN
978-3-319-06888-6
Softcover ISBN
978-3-319-34966-4
Series ISSN
2192-8096
Edition Number
1
Number of Pages
XVII, 273
Number of Illustrations and Tables
31 b/w illustrations
Topics