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The Growth of the Firm
The Legacy of Edith Penrose
Edited by Christos Pitelis
338 pages
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234x156mm
978-0-19-924852-0
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Paperback
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28 March 2002
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This item is printed to order. Items which are printed to order are normally despatched and charged within 5-10 days.
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- Wide-ranging and critical assessment of Edith Penrose's contribution to economics and management
- Leading contributors from the field such as Robin Marris, George Richardson, Mike Best, William Lazonick, and Sumantra Ghoshal
- Contains significant implications for business and government policy on competition, industry, and development
Edith Penrose has been one of the most significant economists of the second part of the twentieth century. Her contribution to the theory of the firm has reinvented and productively developed the classical tradition in economics. It has informed the currently dominant resource/knowledge-based theory of the firm. Penrose's contribution, however, extends to a great variety of areas, to include industry organization, strategic management, international business, human resource management, economics of innovation and technological change, history, methodology, macroeconomics, and much more. This volume builds on
a special issue of Contributions to Political Economy, that celebrated forty years since Penrose's classic The Theory of the Growth of the Firm. It includes fourteen chapters by leading contributors on the aforementioned aspects of Penrose's work.
This book celebrates Penrose's contribution to economics and management. Leading scholars (including such 'classic' names as Robin Marris and George Richardson), assess Penrose's contribution to economics, strategic management, industry organization, and more. Using a Penrosean lens, these authors address the most important issues such as resource allocation and resource creation, co-ordination, innovation and growth. They cover topics ranging from the nature of the firm, firm growth, and strategy, to multinational firms,
industry organization, innovation, and economic development. In so doing, they make contributions to scholarship of the highest quality, with significant implications for business and government policy on competition, industry, and development.
Readership: Academics and postgraduate students in the fields of strategic management, organization studies, international business, economic history, industrial economics, and managerial economics.
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Edited by Christos Pitelis, Director of the Centre for International Business and Management, Judge Institute of Management Studies, University of Cambridge Contributors:
C. Pitelis (Judge Institute of Management Studies, Cambridge)
P. Penrose (Chairman, Penrose & Associates, UK; Judge Institute, Cambridge)
G. B. Richardson (St John's College, Oxford)
B. J. Loasby (University of Stirling)
R. Marris (Emeritus Professor, Birkbeck College, London)
N. Kay (University of Strathclyde)
E. Garnsey (Judge Institute of Management Studies)
N. J. Foss (Copenhagen Business
School)
J. T. Ravix (IDEFI - LATAPSES, CNRS; University of Nice Sophia Antipolis)
M. H. Best (University of Massachusetts-Lowell)
M. Turvani (University of Venice)
J. Cantwell (University of Reading)
W. Lazonick (INSEAD)
S. Ghoshal (London Business School)
M. Hahn (MIT Sloan School of Management)
P. Moran (London Business School)
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"Presents a good balance in terms of perspectives and content ... should appeal to a large audience of scholars from multiple disciplines, including business history, organizational economics, international business, and strategic management." - Academy of Management Review "Pitelis's book opens our eyes to the variety of contexts in which Penrose's theory of firm-level growth is applicable ... Rereading Penrose (1959) after reading Pitelis's book should result in a different learning experience for the reader, who will connect the dots between Penrose's ideas and different research contexts more naturally." - Academy of Management Review "The chapters are well researched, well crafted and well
written." - Organization Studies
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1.: C. Pitelis: Introduction and Overview
2.: P. Penrose and C. Pitelis: Edith Elura Tilton Penrose: Life, contribution, and influence
3.: G. B. Richardson: Mrs Penrose and Neoclassical Theory
4.: B. J. Loasby: The Significance of Penrose's Theory for the Development of Economics
5.: R. Marris: Edith Penrose and Economics
6.: N. Kay: Hercules and Penrose
7.: E. Garnsey: The Growth of New Ventures: Analysis after Penrose
8.: C. Pitelis: A Theory of the (Growth of the) Transnational Firm: A Penrosean perspective
9.: N. J. Foss: Edith Penrose, Economics, and Strategic Management
10.: J. T. Ravix: Edith T. Penrose and Ronald H. Coase on the Nature of the Firm and the Nature of Industry
11.: M. H. Best: Regional Growth Dynamics: A capabilities perspective
12.: M. Turvani: Mismatching by Design: Explaining the dynamics of innovative capabilities of the firm with a Penrosean mark
13.: J. Cantwell: Innovation, Profits, and Growth: Penrose and Schumpeter
14.: W. Lazonick: The US Corporate Enterprise and 'The Theory of the Growth of the Firm'
15.: S. Ghoshal, M. Hahn, and P. Moran: Management Competence, Firm Growth, and Economic Progress
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The specification in this catalogue, including without limitation price, format, extent, number of illustrations, and month of publication, was as accurate as possible at the time the catalogue was compiled. Occasionally, due to the nature of some contractual restrictions, we are unable to ship a specific product to a particular territory. Jacket images are provisional and liable to change before publication.
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