The Theory of the Growth of the Firm

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9780198289777: The Theory of the Growth of the Firm
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Why do some firms perform better than others? What enables a firm to grow and take advantage of its opportunities?
Currently much discussion of these questions pivots around the ideas of competencies and capabilities, and the concept of the learning organization or knowledge-creating company. The Theory of the Growth of the Firm is a rich and pioneering work that addresses these questions and laid the foundation for this approach often referred to as the "resource based view of the firm." Edith Penrose analyzes managerial activities and decisions, organizational routines, and knowledge creation within the company and argues that they are critical to the ability of a firm to grow.

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About the Author:

Edith Penrose is Visiting Professor at INSEAD and Johns Hopkins University

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"The basic propositions Edith Penrose put forth in her book The Theory of the Growth of the Firm were provocative and path breaking...How good it is to have her book, long out of print, available again. Her insights, her arguments, still read fresh and right, and finally will get the attention that they warrant."--Richard R. Nelson, Columbia University


"Edith Penrose's pioneering work on the resource-based approach to the firm's growth has greatly inspired me and hundreds of other scholars...As we enter the "knowledge society", this reissue of her classic work with its new foreword is well-timed and welcome."--Ikujiro Nonaka, Hitotsubashi University


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9780198289784: The Theory of the Growth of the Firm

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ISBN 10:  0198289782 ISBN 13:  9780198289784
Publisher: Oxford University Press, 1995
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