The Growth of the Firm

This book celebrates the monumental contribution to economics, strategic management, international business, and more of Edith Penrose -- the first person to analyse the theory of the growth of the firm. She examined knowledge creation within firms, leading to endogenous growth and to limits to growth, and applied her insights to business strategy and industrial organization. In this volume, eminent economists and management scholars assess, apply, and extend Penrose's contribution to new fields of enquiry.