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Convention Theory

In: The Theoretical Logic of Strategy

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  • James O. Fiet

    (University of Louisville)

Abstract

A conventionconvention is an agreement between a firm and a resource provider that defines the terms under which a resource will be made available. Conventions are more important than a business plan because they can provide the initial resource support for a new venture, without which it could not proceed.

Suggested Citation

  • James O. Fiet, 2025. "Convention Theory," Springer Books, in: The Theoretical Logic of Strategy, chapter 0, pages 81-83, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-79014-0_15
    DOI: 10.1007/978-3-031-79014-0_15
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