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Edith Penrose's contribution to economics and strategy: an overview

Author

Listed:
  • Steve Thompson

    (Nottingham University Business School, Jubilee Campus, Nottingham NG8 1BB UK)

  • Mike Wright

    (Nottingham University Business School, Jubilee Campus, Nottingham NG8 1BB UK)

Abstract

The motivation behind this special issue of Managerial and Decision Economics was two-fold: First, the special issue offered the opportunity to re-consider the huge contribution of Edith Penrose to the fields of strategy and economics. Second, it allowed us to present new research from both perspectives on the process of firm growth, an area pioneered by Penrose. In this introduction we discuss the contributions to the special issue in the context of Edith Penrose's life and work. Copyright © 2005 John Wiley & Sons, Ltd.

Suggested Citation

  • Steve Thompson & Mike Wright, 2005. "Edith Penrose's contribution to economics and strategy: an overview," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 26(2), pages 57-66.
    • Handle: RePEc:wly:mgtdec:v:26:y:2005:i:2:p:57-66
    DOI: 10.1002/mde.1216
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    References listed on IDEAS

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    1. Alan M. Rugman & Alain Verbeke, 2005. "A Final Word on Edith Penrose," Chapters, in: Analysis of Multinational Strategic Management, chapter 5, pages 61-74, Edward Elgar Publishing.
    2. Michelle Haynes & Steve Thompson & Mike Wright, 2002. "The Impact of Divestment on Firm Performance: Empirical Evidence from a Panel of UK Companies," Journal of Industrial Economics, Wiley Blackwell, vol. 50(2), pages 173-196, June.
    3. MacDonald, James M, 1985. "R and D and the Directions of Diversification," The Review of Economics and Statistics, MIT Press, vol. 67(4), pages 583-590, November.
    4. Shane Greenstein, 2000. "Building and Delivering the Virtual World: Commercializing Services for Internet Access," Journal of Industrial Economics, Wiley Blackwell, vol. 48(4), pages 391-411, December.
    5. repec:bla:jindec:v:50:y:2002:i:2:p:173-96 is not listed on IDEAS
    6. Slater, Martin, 1980. "The Managerial Limitation to the Growth of Firms," Economic Journal, Royal Economic Society, vol. 90(3593), pages 520-528, September.
    7. Jenkinson, Tim, 1987. "The Natural Rate of Unemployment: Does It Exist?," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 3(3), pages 20-26, Autumn.
    8. John H Dunning, 1988. "The Eclectic Paradigm of International Production: A Restatement and Some Possible Extensions," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 19(1), pages 1-31, March.
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    Cited by:

    1. Hutzschenreuter, Thomas & Horstkotte, Julian, 2013. "Managerial services and complexity in a firm’s expansion process: An empirical study of the impact on the growth of the firm," European Management Journal, Elsevier, vol. 31(2), pages 137-151.
    2. Raúl Estrada-Lavilla & José Ruiz-Navarro, 2024. "Method for and Analysis of Early-Stage Firm Growth Patterns Using World Bank Data," Sustainability, MDPI, vol. 16(4), pages 1-17, February.
    3. Jeremy Morrow & Simon Mowatt, 2020. "The freedom within framework: A multilevel perspective on developing green capabilities through routines in service organisations," Business Strategy and the Environment, Wiley Blackwell, vol. 29(7), pages 2895-2907, November.

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