Alfred D. Chandler, Jr. is Emeritus Professor at Harvard Business School.Peter Hagström is Professor at the Institute of International Business, Stockholm School of Economics.Örjan Sölvell is Professor at, and Director of the Institute of International Business, Stockholm School of Economics.

• 1. Perspectives on Firm Dynamics ; PART I TECHNOLOGY IN THE FIRM ; 2. Reinterpreting the Resource-Capability View of the Firm: A Case of the Development-Production Systems of the Japanese Auto Makers ; 3. Science, Technological Advance and Economic Growth ; 4. "Sticky Information" and the Locus of Problem Solving: Implications for Innovation ; 5. Localized Technological Change and the Evolution of Standards as Economic Institutions ; PART II STRATEGY/ORGANIZATION ; 6. Learning How to Govern and Learning How to Solve Problems: On the Co-Evolution of Competences, Conflicts and Organizational Routines ; 7. Design Issues for Innovative Firms: Bureaucracy, Incentives, and Industrial Structure ; 8. A Three-Dimensional Model of Changing Internal Structure in the Firm ; 9. The Wide (and Increasing) Spread of Technological Competencies in the World's Largest Firms: A Challenge to Conventional Wisdom ; 10. A Theory of the Firm's Knowledge Creation Dynamics ; 11. Dynamics of Overlapping Networks and Strategic Actions by the International Firm ; PART III REGIONS ; 12. The Globalization of Technology: What Remains of the Product Cycle Model? ; 13. Globalization, Technological Change and the Spatial Organization of Economic Activity ; 14. Regional Clusters and Firm Strategy ; 15. Global Location Behavior and Organizational Dynamics of Japanese Electronics Firms and Their Impact on Regional Economies ; 16. The Geographic Foundations of Industrial Performance ; 17. International Diffusion of Knowledge-Isolating Mechanisms and the Role of the MNE ; 18. The Geographies of Strategic Competence: Borrowing from Social and Educational Psychology to Sketch an Activity and Knowledge-Based Theory ; 19. The Role of Geography in the Process of Innovation and the Sustainable Competitive Advantage of Firms

a book that offers some profound observations - indeed, wisdom - about an emerging view of the contemporary firm and its functions. This view is global in scope and interdisciplinary in nature ... The editors have done a great job in planning, organizing, and integrating the chapters and ensuring consistency across them ... A measure of a good book is that it opens up debate on important issues. If this is true, then this is a great book that raises important questions, provides a lucid discussion of them, and offers many insights that can guide future theory development ... this is a magnificent book - one that should be widely read, discussed, and debated. Provocative, well documented, and well written, it adds richly to the literature and to our understanding of emerging theories of organizations. The Dynamic Firm is a book that will profoundly shape our thinking as well as the future of scholarship in our field.