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.
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Corporate Authors:
World Conference on Transport Research Society
Secretariat, 14 Avenue Berthelot
69363 Lyon cedex 07, France -
Authors:
- Ongkittikul, Sumet
- Geerlings, Harry
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Conference:
- 11th World Conference on Transport Research
- Location: Berkeley CA, United States
- Date: 2007-6-24 to 2007-6-28
- 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
- TRT Terms: Economic impacts; Industry structure; Organizations; Public transit; Regulatory reform; Technological innovations; Tenders; Transit operating agencies; Travel behavior
- Subject Areas: Administration and Management; Economics; Public Transportation; I10: Economics and Administration;
Filing Info
- Accession Number: 01129651
- Record Type: Publication
- Files: TRIS
- Created Date: May 29 2009 7:20AM