IDEAS home Printed from https://ideas.repec.org/a/bla/jomstd/v41y2004i1p193-203.html
   My bibliography  Save this article

Edith Penrose's Contributions to the Resource‐based View: An Alternative Perspective

Author

Listed:
  • Andy Lockett
  • Steve Thompson

Abstract

ABSTRACT Edith Penrose's work has been widely acknowledged to have played a central role in providing the intellectual foundations of the resource‐based view. This position, however, was recently challenged in a paper by Rugman and Verbeke (2002). In this paper we address the three main arguments of Rugman and Verbeke and, by drawing on her writings, demonstrate that their arguments are materially incorrect. While readily conceding that Penrose's primary goal was to explain the growth of firms, we show that her analysis of path‐dependent firm evolution anticipated many key propositions of the resource‐based view.

Suggested Citation

  • Andy Lockett & Steve Thompson, 2004. "Edith Penrose's Contributions to the Resource‐based View: An Alternative Perspective," Journal of Management Studies, Wiley Blackwell, vol. 41(1), pages 193-203, January.
    • Handle: RePEc:bla:jomstd:v:41:y:2004:i:1:p:193-203
    DOI: 10.1111/j.1467-6486.2004.00428.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1467-6486.2004.00428.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1467-6486.2004.00428.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Binod Timilsina, 2015. "Competitively Distinct Operations as a Key for Superior and Sustainable Business Performance: An Example from Walmart," Management, University of Primorska, Faculty of Management Koper, vol. 10(3), pages 273-292.
    2. Peter J. Buckley & Mark Casson, 2010. "Edith Penrose’s Theory of the Growth of the Firm and the Strategic Management of Multinational Enterprises," Palgrave Macmillan Books, in: The Multinational Enterprise Revisited, chapter 11, pages 277-300, Palgrave Macmillan.
    3. Andy Lockett & Johan Wiklund & Per Davidsson & Sourafel Girma, 2011. "Organic and Acquisitive Growth: Re‐examining, Testing and Extending Penrose's Growth Theory," Journal of Management Studies, Wiley Blackwell, vol. 48(1), pages 48-74, January.
    4. Andy Lockett, 2005. "Edith Penrose's legacy to the resource-based view," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 26(2), pages 83-98.
    5. Enrico Fontana, 2018. "Corporate Social Responsibility as Stakeholder Engagement: Firm–NGO Collaboration in Sweden," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(4), pages 327-338, July.
    6. Stewart Johnston & Angela Paladino, 2007. "Knowledge management and involvement in innovations in MNC subsidiaries," Management International Review, Springer, vol. 47(2), pages 281-302, March.
    7. Steven Toms, 2010. "Value, profit and risk: accounting and the resource‐based view of the firm," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 23(5), pages 647-670, June.
    8. Anthony Goerzen & Paul W. Beamish, 2007. "The Penrose effect: “Excess” expatriates in multinational enterprises," Management International Review, Springer, vol. 47(2), pages 221-239, March.
    9. Alex Coad & Sven-Olov Daunfeldt & Dan Johansson & Karl Wennberg, 2014. "Whom do high-growth firms hire?," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 23(1), pages 293-327, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jomstd:v:41:y:2004:i:1:p:193-203. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0022-2380 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.