Description
The book, "The Growth of the Firm: Edith Penrose and the Classical Tradition" is a collection of 15 chapters written by various authors, all of whom are experts in their respective fields. The book is intended for academics and postgraduate students in the fields of strategic management, organization studies, international business, economic history, industrial economics, and managerial economics. The book is divided into three parts, each of which discusses a different aspect of Penrose's work on the theory of the growth of the firm. The first part discusses Penrose's theory of the firm as a microcosm, the second part discusses how Penrose's theory of the firm can be applied to different contexts, and the third part discusses how Penrose's theory has been developed and refined over the years. Overall, the book is well researched, well crafted, and well written. It should appeal to a large audience of scholars from multiple disciplines, including business history, organizational economics, international business, and strategic management.
Edith Penrose has been one of the most significant economists of the second part of the 20th century. Her contribution to the theory of the firm reinvented and developed the classical tradition in economics, and informed the currently dominant, knowledge-based theory of the firm. This volume builds on a special issue of Contributions to Political Economy that celebrated 40 years since Penrose's publication The Theory of the Growth of the Firm The book includes 15 chapters by leading contributors on the aforementioned aspects of Penrose's work and is intended for academics and postgraduate students in the fields of strategic management, organization studies, international business, economic history, industrial economics, and managerial economics. Review: 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