Towards a Competence Theory of the Firm

1st Edition

Nicolai Foss, Christian Knudsen

Routledge
Published April 6, 2006
Reference - 206 Pages
ISBN 9780415407021 - CAT# RU44728

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Summary

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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