Behavioural Changes in the Public Transport Organisations: Learning and Innovative Capabilities in the Tendering Process

This paper explains the process of organizational changes in public transport with respect to regulatory reform in the sector. Regulatory reform has a profound effect on both institutional and organizational aspects of public transport. The paper examines three concepts that are necessary for the analytical framework to have a better understanding of this process of change namely the theory of evolutionary economics, the bounded rationality or problem-solving approach, and the transaction cost economics. From these concepts, the paper reveals three observations of the organizational response to the regulatory changes in the public transport sector namely (1) economic agents in the public transport sector are rationally bounded, (2) institutional evolution is shaping the industrial structure, and (3) the organizational responses to the regulatory reform vary significantly both between sectors and between countries.

  • Corporate Authors:

    World Conference on Transport Research Society

    Secretariat, 14 Avenue Berthelot
    69363 Lyon cedex 07,   France 
  • Authors:
    • Ongkittikul, Sumet
    • Geerlings, Harry
  • Conference:
  • Publication Date: 2007

Language

  • English

Media Info

  • Media Type: CD-ROM
  • Features: Figures; References; Tables;
  • Pagination: 33p
  • Monograph Title: 11th World Conference on Transport Research

Subject/Index Terms

Filing Info

  • Accession Number: 01129651
  • Record Type: Publication
  • Files: TRIS
  • Created Date: May 29 2009 7:20AM