The Theory Of The Firm

The Theory of the Firm PDF
Author: Nicolai J. Foss
Publisher: Taylor & Francis
ISBN: 9780415196413
Size: 15.81 MB
Format: PDF, Docs
Category : Business & Economics
Languages : en
Pages : 1589
View: 5591

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The Theory Of The Growth Of The Firm

The Theory of the Growth of the Firm PDF
Author: Edith Penrose
Publisher: Oxford University Press, USA
ISBN: 9780198289777
Size: 65.55 MB
Format: PDF
Category : Biography & Autobiography
Languages : en
Pages : 272
View: 778

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This 'goldmine of concepts for understanding business and industrial organization' was originally published in 1959 but has been an influence in business schools ever since. The author combines rigorous theory with close observation of the real business world, and writes simply but with anoriginal approach. Her focus on teams and organizational knowledge underlines contemporary discussion of 'organizational competences' and she has written a new introduction which assesses the book's impact and describes the subsequent development of her own ideas.

The Theory Of The Firm

The Theory of the Firm PDF
Author: Paul Walker
Publisher: Routledge
ISBN: 1317277023
Size: 68.66 MB
Format: PDF, Kindle
Category : Business & Economics
Languages : en
Pages : 212
View: 1237

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Firms are a ubiquitous feature of the economic landscape, with much of the activity undertaken within an economy taking place within their boundaries. Given the size of the contribution made by firms to economic activity, employment and growth, having a theoretical understanding of the nature and structure of firms is crucial for understanding how an economy functions. The Theory of the Firm firstly offers a brief overview of the past, consisting of a concise discussion of the classical view of production, followed by an outline of the development of the neoclassical - or ‘textbook’ - approach to firm level production. Secondly, the ‘present’ of the theory of the firm is discussed in three sections. The first section considers the post-1970 theory of the firm literature per se, while the second section scrutinises the relationship between the three most prominent of the modern sets of theories: the reference point, property rights and transaction cost approaches. The third section looks at the theory of privatisation. The unique aspects of this book includes its discussions of the post-1970 contributions to the theory of the firm; the integration of the theory of the entrepreneur with the theory of the firm; and the theory of privatisation. This volume offers an intuitive introduction to the theories of the firm as well as simple formal models of the most important contributions to the literature. It also outlines the historical evolution of the traditional and modern theories of the firm. This book is of great interest to those who study history of economic thought, industrial economics and organizational studies.

The Theory Of The Growth Of The Firm

The Theory of the Growth of the Firm PDF
Author: Edith Tilton Penrose
Publisher: Oxford University Press
ISBN: 9780191570360
Size: 63.96 MB
Format: PDF
Category : Business & Economics
Languages : en
Pages : 301
View: 2944

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There are not many books that are genuine classics, and only a handful in business and management whose insights and ideas last for 50 years and more. This book is one of the very few 'must reads' for anybody seriously interested in the role of management within the firm.Originally published in 1959, The Theory of the Growth of the Firm has illuminated and inspired thinking in strategy, entrepreneurship, knowledge creation, and innovation. Edith Penrose's tightly-argued classic laid the foundations for the resource based view of the firm, now the dominant framework in business strategy. She an.

The Nature Of The Firm

The Nature of the Firm PDF
Author: Ronald Harry Coase
Publisher: Oxford University Press, USA
ISBN: 9780195083569
Size: 39.15 MB
Format: PDF, ePub
Category : Bibles
Languages : en
Pages : 244
View: 5235

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This volume features a series of essays which arose from a conference on economics, addressing the question: what is the nature of the firm in economic analysis? This paperback edition includes the Nobel Lecture of R.N. Case.

The Evolution Of The Theory Of The Firm

The Evolution of the Theory of the Firm PDF
Author: David J. Teece
Publisher: Edward Elgar Publishing
ISBN: 9781786430694
Size: 61.43 MB
Format: PDF, ePub
Category :
Languages : en
Pages : 1704
View: 4864

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This innovative collection of readings analyses how the theory of the firm evolved from several core concepts and building blocks that underpin this important area of economics. The first volume presents a variety of perspectives from leading scholars in the field before introducing the basic elements of: risk and uncertainty; information and knowledge; bounded rationality and decision making; motives and incentives; resources and capabilities; and transactions. The second volume looks at how the various elements are integrated into the modern Theory of the Firm with the notion of organization coming increasingly to the fore. It focuses on norms; rules and routines; the entrepreneur; governance; hierarchies; co-operation, teams and networks; innovation and appropriability. Together with an introduction by the editors, this collection is an invaluable reference tool for all researchers and students with an interest in the modern theory of the firm, highlighting how it needs to evolve further to address the important management and policy issues of our time.

The Theory Of The Firm

The Theory of the Firm PDF
Author: Mark Casson
Publisher: Edward Elgar Pub
ISBN:
Size: 75.43 MB
Format: PDF, Kindle
Category : Business & Economics
Languages : en
Pages : 739
View: 2764

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Provides a survey of the intellectual tradition founded by Ronald Coase and his 1937 publication The Nature of the Firm, a revolutionary analysis which essentially created a new paradigm in economic thinking. The 36 selected articles included in this volume are divided into six sections: the nature of the firm; organization and hierarchy; vertical integration; competence, flexibility, and growth; inter-firm cooperation and networking; and historical perspectives. All contributions selected have been previously published in journals and other publications, some as long ago as during the early 1930s. Lacks a subject index. Annotation copyrighted by Book News, Inc., Portland, OR

Theories Of The Firm Neoclassical And Managerial Decision Making

Theories of the Firm   Neoclassical and Managerial Decision Making PDF
Author: Daniel Bradtke
Publisher: GRIN Verlag
ISBN: 3638797201
Size: 67.72 MB
Format: PDF, ePub
Category :
Languages : en
Pages : 44
View: 2617

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Seminar paper from the year 2004 in the subject Economics - Macro-economics, general, grade: 1,6, University of Wales, Newport, course: Course Title: Decision Making (B.Sc. Business Undergraduate Programme), 15 entries in the bibliography, language: English, abstract: For a long time, economists have seen the firm as a black box, arguing that firms maximise profits. Without following this ultimate goal, economists say that organisations would not survive in competitive markets (Makamason, 2004). In order not to be replaced, managers would have to comply with the objective of profit (value) maximisation. Hart (1989) says that this "neoclassical" view of the firm has been challenged considerably over the last three decades due to theoretical developments and increasing empirical evidence that managers may not pursue shareholder interests. The key assumptions of the traditional theory of the firm are maximisation of profit and decision making under conditions of perfect knowledge (Nellis and Parker, 2002). By ignoring many other involved complexities, this neoclassical approach has the ability to predict corporate behaviour in perfectly competitive and monopoly market structures. The maximisation assumption portrays the firm as a "single market, single product asset of the owner who adapts a production plan in response to changing market conditions" (Makamason, 2004). Its prolonged survival is due to the useful analysis of how a firm's production choices respond to exogenous change in the environment. Such an example being an increase in wages or a sales tax (Loasby, 1989).

The Theory Of The Firm

The Theory of the Firm PDF
Author: Daniel F. Spulber
Publisher: Cambridge University Press
ISBN: 0521517389
Size: 29.71 MB
Format: PDF, ePub, Mobi
Category : Business & Economics
Languages : en
Pages : 529
View: 7159

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The Theory of the Firm presents an innovative general analysis of the economics of the firm.