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The Marshallian Tradition of Industrial Economics in Oxford (1947-1979): From Andrews' Contribution to the Emergence of Industrial Organization and Business Studies

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  • Lise Arena

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique, University of Oxford)

Abstract

The first aim of this paper is to provide a better understanding of one of the different interpretations of Marshall's theory, ideas, and methodology which prevailed in Oxford during the period 1947-1979. The second purpose of this work is to show that the developments of post-Marshallian ideas in Oxford gave birth to a new discipline in economic theory. For this reason, the paper seeks to emphasise the intersection between the increasing interest in Marshall's theory and its interpretations on one side and, the emergence of Industrial Economics on the other side. Then, the paper tries to show how the study of firms and industries shifted from Andrews' approach to the emergence of Industrial Organization and Business Studies. The results of this analysis are drawn from the exploration of the reviewed literature, of various archives, and of a set of interviews given by academics, including, for instance, Donald Hay, Frederic Lee, Ian Little, Derek Morris, George Richardson, Maurice Scott, and David Stout.

Suggested Citation

  • Lise Arena, 2008. "The Marshallian Tradition of Industrial Economics in Oxford (1947-1979): From Andrews' Contribution to the Emergence of Industrial Organization and Business Studies," Post-Print halshs-00439159, HAL.
    • Handle: RePEc:hal:journl:halshs-00439159
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    Cited by:

    1. Lise Arena & Leonard Minkes, 2019. "The virtues of dialogue between academics and businessmen," Post-Print hal-01620574, HAL.

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    Keywords

    Industrial Organization; Business Studies;

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