Theory of the Growth of the Firm . She has written a new introduction which assesses the book's impact and describes the subsequent development of her own ideas. The author combines rigorous theory with close observation of the real business world, and focuses on teams and organizational knowledge.A new edition of the title origina
| Title | : | Theory of the Growth of the Firm |
| Author | : | |
| Rating | : | 4.87 (776 Votes) |
| Asin | : | 0631058206 |
| Format Type | : | Hardcover |
| Number of Pages | : | 280 Pages |
| Publish Date | : | 0000-00-00 |
| Genre | : |
A new edition of the title originally published in 1959. The author combines rigorous theory with close observation of the real business world, and focuses on teams and organizational knowledge. She has written a new introduction which assesses the book's impact and describes the subsequent development of her own ideas.
Editorial :
Purchased as gift for my brother and I know he will enjoy it.. She argues that choice of how those resources are put to use is central to a firms "entrepreneurial" activity.
Penrose goes on to say that change and growth of firms must be driven from inside the firm because the economy as a whole does not constrain firms. Penrose moves away from the neoclassical economics model of the firm towards a definition of the firm as one that has administrative responsibilities (strategic planning or management) and a view of the firm as a collection of resources (human resources, technologies and other capabilities a firm has). This led me into studying the resource-based view of the firm.
I recommend this book for anyone interested in the broad topics of business strategy and management. Penrose's terminology is a little idiosyncratic but it does not take long for the reader to adjust. Managers, she says, know that they can alter their environment, and that the environment is no
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