Edith Penrose has been one of the most significant economists of the second part of the twentieth century. Her contribution to the theory of the firm has reinvented and productively developed the classical tradition in economics, and informed the currently dominant, knowledge-based theory of the firm. This volume builds on a special issue ofContributions to Political Economythat celebrated forty years since Penrose's classicThe Theory of the Growth of the Firm. It includes fifteen chapters by leading contributors on the aforementioned aspects of Penrose's work.
1. On the garden of Edith: some themes,C. Pitelis 2. Edith Elura Tilton Penrose: life, contribution and influence,P. Penrose and C. Pitelis 3. Mrs Penrose and neoclassical theory,G. B. Richardson 4. The significance of Penrose's theory for the development of economics,B. J. Loasby 5. Edith Penrose and economics,R. Marris 6. Hercules and Penrose,N. Kay 7. The growth of new ventures: analysis after Penrose,E. Garnsey 8. A theory of the (growth of the) transnational firm: a Penrosean perspective,C. Pitelis 9. Edith Penrose: economics and strategic management,N. J. Foss 10. Edith T. Penrose and Ronald H. Coase on the nature of the firm and the nature of industry,J. T. Ravix 11. Regional growth dynamics: a capabilities perspective,M. H. Best 12. Mismatching by design: explaining the dynamics of innovative capabilities of the firm with a Penrosean mark,M. Turvani 13. Innovation, profits, and growth: Penrose and Schumpeter,J. Cantwell 14. The US industrial corporation andThe Theory of the Growth of the Firm,W. Lazonick 15. Management competence, firm growth and economic progress,S. Ghoshal, M. Hahn and P. Moran 16. Edith's garden and a glass half full: further issues,C. Pitelis Index