Institutional Analysis Of Intermediate Organization

In the modern firm and market theory, there are two kinds of fundamental economic organizations: hierarchy organization and market organization. But in the real world, a broad intermediate zone exists between the pure hierarchy organization and the pure perfect competitive market organization. In the zone, there are lots of kinds of organization forms which economics, particularly the new institutional economics, call "intermediate organization". With the development of information technology and the coming of the knowledge economy, the traditional structure of enterprise and market have largely been changed, and as a result, the economic organization has presented its more variety and complexity. According to the evolution of the economic organization and the practices in the advanced countries, the intermediate organization, considered as the most energetic and changeable part in the whole economic organization system, is playing a more and more important role in the social & economic life.As a trial, this study, based on the criticism of the bi-categorization of firm and market, reviews the emerging and development of the intermediate organization theory, and explores its definition and theoretical forms, and analyzes the cause and cost of the intermediate organization. Furthermore, this paper categorizes the real intermediate organizations based on their main development ties. Finally, the theoretical and practical significance of the intermediate organization are analyzed. This paper has four parts as follow:1. Rising of the intermediate organization theory2. Institutional analysis of the intermediate organization3. Forms of the intermediate organization4. Significance of the intermediate organization...