Article Abstract:
Edith Tilton Penrose's 1959 book, The Theory of the Growth of the Firm, is discussed. The discussion focuses on the following: the research process that led to Penrose's book; the book's contributions to management; implications of Penrose's research for current -resource-based theory; and future research using Penrose's approach.
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Article Abstract:
A managerial behavior approach that focuses on what managers actually do day-to-day is identified. It is argued that this approach is distinctive and that its distinctness is valuable and deserves more attention.
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Article Abstract:
Strategic liabilities are defined as tangible and intangible holdings and processes that are context-specific, company-specific, and foster competitive disadvantages. The author recommends that strategic liabilities be recognized as a formal category for management studies.
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