The Theory of the Growth of the Firm

This 'goldmine of concepts for understanding business and industrial organization' was originally published in 1959 but has been an influence in business schools ever since. The author combines rigorous theory with close observation of the real business world, and writes simply but with an original approach. Her focus on teams and organizational knowledge underlines contemporary discussion of 'organizational competences' and she has written a new introduction which assesses the book's impact and describes the subsequent development of her own ideas.Edith T. Penrose is the author of 'The Theory of the Growth of the Firm', published 1995 under ISBN 9780198289784 and ISBN 0198289782.