{"title":"What is Edith Penrose’s legacy for the theory of the firm?","authors":"Irene Roele, Sonja Ruehl","doi":"10.1080/02692171.2023.2254718","DOIUrl":null,"url":null,"abstract":"ABSTRACTPrompted by centenary celebrations of the contribution of Edith Penrose to the theory of the firm, the development of resource-based views of the firm (RBV) and knowledge-based perspectives, this article considers the continuing usefulness of Penrose’s perspective for strategic management, from the point of view of the practitioner, the management educator and to the development of the academic field of strategic management. As authors, we draw on methods originating with Penrose’s pioneering case study methodology by framing illustrative ‘vignettes’ or case examples for discussion, including that of Tesco, which draws on extensive participant observation as well as theory.KEYWORDS: Penrosestrategic managementfirm strategygrowth of the firmcase study methodbusiness educationlearning organisationTescoJEL CLASSIFICATION: D21D830L100L2MM21 Disclosure statementNo potential conflict of interest was reported by the authors.","PeriodicalId":51618,"journal":{"name":"International Review of Applied Economics","volume":null,"pages":null},"PeriodicalIF":1.4000,"publicationDate":"2023-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Review of Applied Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/02692171.2023.2254718","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
ABSTRACTPrompted by centenary celebrations of the contribution of Edith Penrose to the theory of the firm, the development of resource-based views of the firm (RBV) and knowledge-based perspectives, this article considers the continuing usefulness of Penrose’s perspective for strategic management, from the point of view of the practitioner, the management educator and to the development of the academic field of strategic management. As authors, we draw on methods originating with Penrose’s pioneering case study methodology by framing illustrative ‘vignettes’ or case examples for discussion, including that of Tesco, which draws on extensive participant observation as well as theory.KEYWORDS: Penrosestrategic managementfirm strategygrowth of the firmcase study methodbusiness educationlearning organisationTescoJEL CLASSIFICATION: D21D830L100L2MM21 Disclosure statementNo potential conflict of interest was reported by the authors.
期刊介绍：
International Review of Applied Economics is devoted to the practical applications of economic ideas. Applied economics is widely interpreted to embrace empirical work and the application of economics to the evaluation and development of economic policies. The interaction between empirical work and economic policy is an important feature of the journal. The Journal is peer reviewed and international in scope. Articles that draw lessons from the experience of one country for the benefit of others, or that seek to make cross-country comparisons are particularly welcomed. Contributions which discuss policy issues from theoretical positions neglected in other journals are also encouraged.
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