Overview

The 'theory of the firm' is a significant part of modern economics. Because it informs strategic choices, it is highly relevant to business administration in general, and for strategic management in particular. Two dominant streams may be identified in the literature, namely the 'competence' and 'governance' perspectives on the firm. While there has been little direct discussion between the main proponents of these perspectives, both claim that they are reaching for a 'strategic theory of the firm'. Such a theory would not only shed light on the classical questions considered in the theory of the firm (e.g. why firms exist, what determines their boundaries and internal organization), but would also be helpful for informing strategy issues, such as understanding strategic flexibility, strategic options, and the sources of competitive advantage. This volume brings together prominent voices on competence, governance, and entrepreneurship to advance and stimulate economic strategy research. By pooling and mobilizing intellectual resources of both competence and governance perspectives, the contributions show that an innovative joint venture between these two main perspectives potentially leads to a new avenue of future research on strategic issues such as 'corporate growth', 'interfirm cooperation', and 'corporate entrepreneurship'.

Full Product Details

Author:   Prof. Nicolai Foss (, Director of the Learning, Incentives, and Knowledge Program, Copenhagen Business School) ,  Prof. Volker Mahnke (, Copenhagen Business School)
Publisher:   Oxford University Press
Imprint:   Oxford University Press
Dimensions:   Width: 16.30cm , Height: 2.40cm , Length: 24.20cm
Weight:   0.649kg
ISBN:  

9780198297178

ISBN 10:   0198297173
Pages:   352
Publication Date:   03 August 2000
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   To order  
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

Nicolai Foss and Volker Mahnke: Chapter 1: Introduction: Advancing Research on Competence, Governance, and Entrepreneurship Part I: Fundamental Perspectives Oliver Williamson: Chapter 2: Strategy Research: Competence and Governance Perspectives Kirsten Foss and Nicolai Foss: Chapter 3: The Knowledge-Based Approach and Organizational Economics: How much do they really Differ? And how does it Matter? Giovanni Dosi and Luigi Marengo: Chapter 4: On the Tangled Discourse between Transaction Cost Economics and Competence-based Views of the Firm Part II: Firm Growth and Entrepreneurship Patrick Cohendet, Patrick Llerena, and Luigi Marengo: Chapter 5: Entrepreneurship as Element in an Evolutionary Theory of the Firm Mark Casson: Chapter 6: An Entrepreneurial Theory of the Firm Sumantra Ghoshal, Martin Hahn, and Peter Moran: Chapter 7: Organizing for Firm Growth: The Interaction between Resource-Accumulating and Organizing Processes Paul Geroski: Chapter 8: The Growth of Firms in Theory and Practice Neil Kay: Chapter 9: The Growth of Firms Part III: The Dynamics of Governance Rod Coombs and Stan Metcalfe: Chapter 10: Organizing for Innovation: Co-ordinating Distributed Innovation Capabilities Nicholas Argyres and Julia Porter Liebeskind: Chapter 11: The Role of Prior Commitment in Governance Choice Erich Pfaffman: Chapter 12: Knowledge Maturity, Modularity, and the Vertical Boundaries of the Firm Anoop Madhok: Chapter 13: Inter-firm Collaboration: Contractual and Capabilities-Based Perspectives Jay B. Barney and Wonghee Lee: Chapter 14: Multiple Considerations in Making Governance Choices: Implications of Transaction Cost Economics, Real Options Theory, and Knowledge-Based Theories of the Firm Ron Sanchez: Chapter 15: Demand Uncertainty and Asset Flexibility: Incorporating Strategic Options in the Theory of the Firm

Reviews

This book has authority ... is a well-presented and informative reference book. Financial Adviser

This book has authority ... is a well-presented and informative reference book. * Financial Adviser *

Author Information

Nicolai Foss is Professor in the Department of Industrial Economics and Strategy at the Copenhagen Business School. Volker Mahnke is Associate Professor at the Copenhagen Business School.

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