The Theory of the Growth of the Firm

This `goldmine of concepts for understanding business and industrial organization' was originally published in 1959 but had a powerful influence on economists and business strategists ever since. The author combines rigorous theory with close observation of the real business world, and writes simply but with an original approach. Her focus on teams and organizational knowledge underlines contemporary discussion of 'organizational competences' and she has written a new introduction which assesses the book's impact and describes the subsequent development of her own ideas.