There are not many books that are genuine classics, and only a handful in business and management whose insights and ideas last for over 50 years. This book is one of the very few "must reads" for anybody seriously interested in the role of management in the firm. A new introduction recounts Penrose's extraordinary life and assesses her key ideas.

About the Author

Edith Penrose was formerly at SOAS and INSEAD. Dr. Christos Pitelis is Director at the Centre for International Business and Management (CIBAM), Judge Business School, University of Cambridge.

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