Theory of the Firm and Competitive Strategy

Key publications: Please click on underlined titles for access to pdf files.  

"Controlling the Market for Corporate Control: The Historical Significance of Managerial Capitalism," Industrial and Corporate Change, 1, 3, 1992, 445-488; also in F. M. Scherer and M. Perlman, eds., Entrepreneurship, Technological Innovation, and Economic Growth, University of Michigan Press, 1992; to be reprinted in Richard Langlois, Tony Fu-Lai Yu, and Paul Robertson, eds., Alternative Theories of the Firm , Elgar (forthcoming). 
This is a critique of the efficacy of the market for corporate control from the historical perspective of the strengths and weaknesses of managerial capitalism.  

"Learning and the Dynamics of International Competitive Advantage" in R. Thomson, ed., Learning and Technological Change, Macmillan, 1993; reprinted in Y. Shionoya and M. Perlman, eds., Innovation in Technology, Industries, and Institutions: Studies in Schumpeterian Perspectives, University of Michigan Press, 1994. 
A dynamic model of how and under what conditions innovative enterprise generates internal and external economies of scale.

"Industry Clusters and Global Webs: Organizational Capabilities in the U.S. Economy," Industrial and Corporate Change, 2, 1, 1993: 1-24; reprinted in C. Edquist and M. McKelvey, eds., Systems of Innovation: Growth, Competitiveness and Employment, Elgar, 2000.
A critical evaluation of the arguments of Michael Porter and Robert Reich on the sources of national competitive advantage from an "organizational capabilities" perspective.

"Organizational Integration and Competitive Advantage: Explaining Strategy and Performance in American Industry," with Jonathan West, Industrial and Corporate Change, 4, 2, 1995, 229-270; reprinted in G. Dosi, D. J. Teece, and J. Chytry, eds., Technology, Organization, and Competitiveness, Oxford University Press, 1998: 247-288
A proposed framework for analyzing the timing and nature of the responses of industrial corporations to competitive challenges.  

"The US Industrial Corporation and the Theory of the Growth of the Firm," in Christos Pitelis, ed., The Growth of the Firm: The Legacy of Edith Penrose, Oxford University Press, 2001: 249-277.
An evaluation of the strengths and limitations of Penrose's theory of the growth of the firm in the light of the historical evolution of the US industrial corporation in the four decades since she wrote her classic book.

"The Theory of Innovative Enterprise," in William Lazonick ed., IEBM Handbook of Economics, Thomson Learning, 2002: 640-661; also in Malcolm Warner, ed., International Encyclopedia of Business and Management, Thomson Learning, 3055-3076.
A framework for analyzing the transformation of, and relations among, industrial, organizational, and institutional conditions in the process of innovation.