This book explores a new theory of the firm produced through an
exchange between management theory and economics. In the process
economics is seen to provide a foundational element for strategy
research whilst developing a more realistic theory of the firm with
a greater emphasis on its internal features. The success of
competence theories of the firm also reflects their ability to
explain significant trends in the business world, notably the
declining importance of conglomerates and critical features in the
success of Asian and Japanese business.
General
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