The Theory of the Growth of the Firm
by Edith Penrose, Edith Tilton Penrose, Emeritus Professor of Economics School of Oriental and African Studies Edith T Penrose
Category: Biography & Autobiography

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 anoriginal 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.