rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    non sort: The
    title: theory of the growth of the firm
  name:
    name part: Penrose, Edith Tilton.
    role:
      role term: creator
  name:
    name part: Oxford University Press
  type of resource: text
  genre: bibliography
  genre: Electronic books.
  origin info:
    place:
      place term: enk
    place:
      place term: Oxford
    publisher: Oxford University Press
    date issued: 1995
    edition: 3rd ed.
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: remote
    extent: 1 online resource (296 pages)
  abstract: Provides several concepts for understanding business and industrial organization. This work focuses on teams and organizational knowledge, underlining contemporary discussion of 'organizational competences'.
  table of contents: Intro -- Table of Contents -- Foreword by Edith Penrose (1995) -- Preface -- Chapter -- I: Introduction -- The purpose of the study and the nature of the argument -- II: The Firm in Theory -- Different ways of looking at firms -- The firm in the theory of price and production -- Limits to size -- The 'firm' is not a firm -- The firm as an administrative organization -- The function and nature of an industrial firm -- Size and administrative coordination -- Industrial firms and investment trusts -- Continuity in the 'history' of a firm -- The firm as a collection of physical and human resources -- The motivation of the firm -- The profit motive -- Long-run profits and growth -- III: The Productive Opportunity of the firm and the 'Entrepreneur' -- Growth limited by a firm's 'productive opportunity' -- The role of enterprise and the competence of management -- Entrepreneurial versus managerial competence -- The quality of entrepreneurial services -- Entrepreneurial versatility -- Fund-raising ingenuity -- Entrepreneurial ambition -- Entrepreneurial judgment -- The role of expectations in the productive opportunity of the firm -- IV: Expansion Without Merger: The Receding Managerial Limit -- Two basic assumptions -- The nature of the managerial limit on expansion -- The management team -- Release of managerial services -- Growth of managerial services -- The receding limit and the 'static' approach -- The effect of uncertainty and risk -- Uncertainty and information -- Risk and unavoidable uncertainty -- V: 'Inherited' Resources and the Direction of Expansion -- Types of inducement to expand -- The continuing availability of unused productive services -- Indivisibility and the 'balance of processes' -- The specialized use of resources -- Heterogeneity of resources -- Interaction between material and human resources.
  table of contents: The creation of new productive services -- 'Demand' and the productive resources of the firm -- What is the relevant demand? -- The direction of expansion -- VI: The Economies of Size and the Economies of Growth -- The economies of size -- Technological economies -- Managerial economies -- Economies in operation and expansion -- The economies of growth -- Disappearing versus enduring economies -- VII: The Economics of Diversification -- Efficiency of 'integration' -- Meaning of diversification -- Areas of specialization -- Specific opportunities for diversification -- Importance of industrial research -- The significance of selling efforts -- Importance of a technological base -- Some examples -- The role of acquisition -- The role of competition -- The necessity of continued investment in existing fields -- Full-line diversification -- Competition and diversification into new areas -- Diversification as a solution to specific problems -- Temporary fluctuations in demand -- Permanent adverse changes in demand -- The direction of diversification -- Diversification as a general policy for growth -- Vertical integration -- The firm as a pool of resources -- VIII: Expansion Through Acquisition and Merger -- The corporation and merger -- The economic basis of acquisition -- Personal considerations and special situations -- Critical points in the process of expansion -- The competitive expansion of Alpha -- Where Beta blocks the expansion of Alpha -- Combination -- The purchase and sale of 'businesses' that are not firms -- Economic basis for the sale of a 'business' -- Effect on the process of growth -- The appropriateness of diversification -- The role of entrepreneurial services -- Entrepreneurial temperament and the profit motive -- Empire-building and merger -- The role of managerial services -- The necessity of administrative integration.
  table of contents: Merger and the dominant firm -- IX The Rate of Growth of Firms Through Time -- Introduction -- Special assumptions -- Measurability -- The fundamental ratio -- Managerial services available for expansion -- Increase in the administrative task with growth -- Impact of changing environmental conditions -- Managerial services required for expansion -- Character of expansion -- Relation to existing activities and market conditions -- Method of expansion -- Changes in the rate of growth with increasing size -- The 'growth curve' -- X The Position of Large and Small Firms in a Growing Economy -- The special position of small firms -- Competitive handicaps, especially finance -- The continued existence of small firms -- Opportunities for growth -- 'Interstices' in a growing economy -- The principle of comparative advantage -- XI Growing Firms in a Growing Economy: The Process of Industrial Concentration and the Pattern of Dominance -- Barriers to entry -- General effect on investment in the economy as a whole -- The importance of 'Big Business' competition -- Capital requirements and consumer loyalty -- Artificial barriers and the interstices -- Merger in a growing economy -- Merger in relation to indices of business activity -- The effect on the interstices of 'natural' limitations on acquisition -- Interstices and the business cycle -- The process of industrial concentration -- Measurement of concentration -- Concentration and growing firms in a growing economy -- Some shaky evidence -- Concentration within industries -- Diversification and industry concentration -- Concentration and dominance -- The continued dominance of large firms -- Conclusion -- Index -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M -- N -- O -- P -- Q -- R -- S -- T -- U -- V -- W -- Y.
  note: Edith Penrose ; with a new foreword by the author (1995).
  note: Includes bibliographical references and index.
  subject:
    topic: Industries
    topic: Size
  subject:
    topic: Entreprises
    topic: Dimension
  subject:
    topic: Industries
    topic: Size
  subject:
    topic: Theory of the firm
  subject:
    topic: Bedrijfsgrootte
  classification: HD69.S5 P45 1995
  classification: 338.7
  classification: 83.81
  related item:
    title info:
      title: Theory of the growth of the firm
    name:
      name part: Penrose, Edith Tilton.
  identifier: 0198289774
  identifier: 9780198289777
  identifier: http://proxy.library.tamu.edu/login
  record info:
    record content source: EQO
    record creation date: 040408
    record change date: 20260318171823.6
    record identifier: in00005701209
    language of cataloging:
      language term: eng