Towards a Competence Theory of the Firm

Business & Finance, Economics
Cover of the book Towards a Competence Theory of the Firm by , Taylor and Francis
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Author: ISBN: 9781317798767
Publisher: Taylor and Francis Publication: December 2, 2013
Imprint: Routledge Language: English
Author:
ISBN: 9781317798767
Publisher: Taylor and Francis
Publication: December 2, 2013
Imprint: Routledge
Language: English

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.

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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.

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