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  • 1
    Electronic Resource
    Electronic Resource
    Penrose’s Resource-Based Approach: The Process and Product of Research Creativity (2000)
    Oxford, UK and Boston, USA : Blackwell Publishers Ltd.
    Journal of management studies 37 (2000), S. 0 
    Details
    ISSN: 1467-6486
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: As this paper documents, Edith Tilton Penrose’s (1959) classic The Theory of the Growth of the Firm is one of the most influential books of the second half of the twentieth century bridging economics and management. Yet, there is little understanding of the process by which this classic came about and the lessons to be learned concerning research creativity. This paper explores Penrose’s (1959) ‘resources approach’ to the growth of the firm as an iterative process of scientific discovery via induction and scientific justification by deductive reasoning. We focus on: (1) the research process that led to Penrose’s (1959) classic; (2) the book’s contributions to management; (3) the generative nature of Penrose’sresearch for current resource-based theory; and (4) future research building on Penrose’s ‘resources approach’.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/1467-6486.00174
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  • 2
    Electronic Resource
    Electronic Resource
    Edith Penrose's (1959) Contributions to the Resource-based View of Strategic Management (2004)
    Oxford, UK : Blackwell Publishing Ltd.
    Journal of management studies 41 (2004), S. 0 
    Details
    ISSN: 1467-6486
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes:   We argue that Rugman and Verbeke (2002) underestimate the importance of Penrose's (1959) contributions to the modern resource-based view of the firm. In particular, we take issue with Rugman and Verbeke's (2002) arguments concerning Penrose's (1959) contributions to our knowledge of: (1) the creation of competitive advantage, (2) sustaining competitive advantage, (3) isolating mechanisms, and (4) competitive advantage and economic rents. In our response, we show that Penrose (1959) has both directly and indirectly influenced the modern resource-based view of strategic management.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-6486.2004.00427.x
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