Adaptation, Specialization, and the Theory of the Firm
Adaptation, Specialization, and the Theory of the Firm

Author: Birger Wernerfelt

Publisher: Cambridge University Press

Published: 2016-10-27

Total Pages: 329

ISBN-13: 1316798917

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This invaluable book provides the foundations for a new theory of the firm, drawing on Birger Wernerfelt's landmark work on economic theory and the resource-based view of the firm. It addresses a vigorous and long-standing academic debate over what exactly a 'firm' is, both in the field of management and economics. Wernerfelt revisits his classic articles, including an extensively revised 'A Resource-Based View of the Firm' (1984), which have been updated and synthesized to provide precise and accessible concepts and predictions. By offering future directions for research and practice, this book will be of interest to students and scholars of management and economics alike.

A Brief Prehistory of the Theory of the Firm
A Brief Prehistory of the Theory of the Firm

Author: Paul Walker

Publisher: Routledge

Published: 2018-05-11

Total Pages: 141

ISBN-13: 1351041371

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The theory of the firm did not exist, in any serious manner, until around 1970. Only then did the current theory of the firm literature begin to emerge, based largely upon the work of Ronald Coase and to a lesser degree Frank Knight. It was work by Armen Alchian, Robert Crawford, Harold Demsetz, Michael Jensen, Benjamin Klein, William Meckling and Oliver Williamson, among others, that drove the upswing in interest in the firm among mainstream economists. This accessible book provides a valuable overview of the ‘prehistory’ of the firm. Spanning an impressive timeline, it delves into Antiquity, the Medieval era, the pre-classical economics period and the 19th and 20th centuries. Next, the book traces the theoretical contributions from pre-classical, classical and neoclassical economics. It will be illuminating reading for students and researchers of the history of economic thought, industrial organization, microeconomic theory and business history.

Strategic Management and Drivers of Success
Strategic Management and Drivers of Success

Author: Surja Datta

Publisher: Taylor & Francis

Published: 2024-08-22

Total Pages: 181

ISBN-13: 1040128483

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Strategy is essentially about achieving organisational success. Growth, Adaptation, Resilience, and Competition (GARC) is a general framework that helps organisations think creatively about attaining success and acknowledges the reality that there is no one single criteria for success. What drives and defines organisational success? Using the path- breaking GARC framework, this book provides an answer to this important question. Combining practice with theory, the reversal of the conventional ‘theory with practice’ idea being intentional, one of the standout features of this book is that it articulates business heuristics for each of the drivers of success along with guidelines on how to use them. To illustrate the empirical grounding of the theoretical aims, the authors connect multiple real- life business cases to each of the four GARC dimensions. This book will therefore be of value to researchers, academics, practitioners, and advanced students in the fields of strategy, organisational studies, and management.

Organization Design
Organization Design

Author: John Joseph

Publisher: Emerald Group Publishing

Published: 2018-12-10

Total Pages: 354

ISBN-13: 1787563308

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Advances in Strategic Management is dedicated to communicating innovative, new research that advances theory and practice in Strategic Management. This volume focuses on organization design and collaborative ways of working.

Crowdfunding and Entrepreneurship
Crowdfunding and Entrepreneurship

Author: Ignatius Ekanem

Publisher: Taylor & Francis

Published: 2023-12-11

Total Pages: 290

ISBN-13: 1003801455

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This accessible text provides an insight into the growing global trend of crowdfunding as a source of entrepreneurial finance. Grounded in academic literature, this book looks at the micro and macro issues within crowdfunding, from the entrepreneur’s access to finance at the business level, to the role of government in regulating the market. It helps the reader develop a sound understanding of crowdfunding as a source of finance, the crowdfunding process and potential options when faced with start-up funding issues. A range of international case studies of successful and unsuccessful crowdfunding campaigns help readers to apply theory to real-life scenarios. Readers are also supported throughout the book with chapter objectives and summaries, key terms, discussion questions and further reading guidance. Instructor materials such as slides and test questions are available as digital supplements. Crowdfunding and Entrepreneurship will be a valuable resource for students of new venture creation and entrepreneurial finance, as well as entrepreneurs exploring crowdfunding as an option for business development.

Strategic Management
Strategic Management

Author: Irene M. Duhaime

Publisher: Oxford University Press

Published: 2021-06-17

Total Pages: 785

ISBN-13: 019009091X

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An authoritative overview of the prior development, current state, and future opportunities in strategic management The strategic management field, now a vibrant arena that offers valuable knowledge for managerial practice, has experienced significant growth in the more than forty years since its inception. And, until now, there has not been a book that captured the rich breadth and depth of knowledge of the discipline, while also looking to the future. Strategic Management provides a critical overview of the prior development, current state, and future opportunities in the strategic management field. Editors Irene M. Duhaime, Michael A. Hitt, and Marjorie A. Lyles bring together an exceptional group of scholars to explore specialized topics such as corporate strategy, strategic entrepreneurship, cooperative strategies, global strategy, strategic leadership, governance, innovation, strategy process and strategy practice, and strategic human capital. The book focuses heavily on the future developments and research opportunities available in the field, while also providing a solid base of knowledge for understanding strategic management as a whole. With articles from major leaders in the field, this authoritative volume will be useful to every strategic management scholar.

Management of Science-Intensive Organizations
Management of Science-Intensive Organizations

Author: Ellie Okada

Publisher: Springer Nature

Published: 2021-01-04

Total Pages: 215

ISBN-13: 3030640426

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This book examines what mechanisms enable science-intensive organizations to broaden beneficiaries of science in urban settings. Focusing on organizations that constitute urban resilience systems and networks, it maps the contributions of academic institutions, established multinationals, and entrepreneur firms in environmental, material, and related life sciences. It then develops a model of strategy and governance for organizations to invest in and implement new environmental material science projects. This book provides researchers with a framework based on management theories of R&D and resource allocation for resolving urban issues.