Free Ebook The Theory of the Growth of the Firm, by Edith Penrose
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The Theory of the Growth of the Firm, by Edith Penrose
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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 analyses managerial activities and decisions, organizational routines, and also the factors that inevitably limit a firm's growth prospects.
For this new anniversary edition, Christos Pitelis has written a new introduction which both tells the story of Penrose's extraordinary life, and provides a balanced assessment of her key ideas and their continuing relevance and freshness.
- Sales Rank: #607941 in eBooks
- Published on: 2009-09-24
- Released on: 2009-09-24
- Format: Kindle eBook
Review
"The basic propositions that Edith Penrose put forth in her book The Theory of the Growth of the Firm were provocative and path breaking. However, few then ventured to go down the path she blazed. Time has passed, and over the last decade that path has become crowded with scholars of firm behavior, some of whom have only the dimmest awareness that the ideas they are working with were first put forward by Penrose. 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 they warrant."--Richard R. Nelson, Columbia University
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.
Most helpful customer reviews
1 of 1 people found the following review helpful.
Build to Last Theory
By Oliver Shu
This is classical theory, that was the foundation of theory and papers and furthermore, the theory has been claimed for over 53 years, it was well-recognized and well accepted by scholars and researchers, the theory that we can call it build to last theory for sure. I really enjoy as a PhD. candidate, and I would like to strongly recommend for reading this sound book.
1 of 2 people found the following review helpful.
A lasting masterpiece
By Philip G. Rochford
This classic book has withstood the passage of time. It explains quite fully the intricacies of how a firm grows and develops. The style is engaging and the coverage of possibilities for the growth of a firm are compelling. It has to be read with focus and slowly.
Philip G. Rochford
Author & Personal Empowerment Specialist
0 of 1 people found the following review helpful.
Une théorie de la firme qui s'intéresse à ce qui s'y passe
By Bernard Girard
Tant d'économistes travaillent sans s'interroger sur ce qu'est une firme qu'il est passionnant de lire un ouvrage, déjà ancien, d'une économiste qui se situe en dehors de la logique néo-classique de la théorie de l'agence (à la Jensen-Meckling) ou de la théorie des coûts de transaction (à la Coase ou à la Williamson) pour nous parler de l'entreprise et de ce qui obsède la plupart de ses acteurs : comment progresser? comment croître? Edith Penrose est à l'origine de ce qu'on appelle l'approche par les ressources de l'entreprise. Mais la lecture de son livre apporte bien plus que ce que suggèrent les manuels d'économie qui la citent en deux lignes. Elle donne des indications extrêmement précises sur les mécanismes qui contribuent à la croissance des entreprises. Sa lecture éclaire quelques unes des difficultés de l'économie française qui souffre, comme chacun sait, d'être trop duale : nous avons une quarantaine de très grandes entreprises, de dimension internationale qui n'ont plus d'espace de croissance chez nous, et une multitude de petites entreprises qui n'arrivent pas à croître faute de ressources financières mais aussi de compétences, de ces compétences que l'on acquiert dans les grandes entreprises et là seulement. Sa lecture est très stimulante et donne des pistes pour sortir de l'ornière dans lequel se trouve notre économie.
Il semble me souvenir que ce livre avait été publié en français aux éditions Homme et Techniques il y a de nombreuses années. A défaut d'être réédité, il faut se précipiter sur cette réédition britannique d'un des grands textes de l'économie industrielle.
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