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The Evolution of the Theory of the Firm

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November 2019
David Teece and Neil Kay (Eds.)
Edward Elgar

David Teece co-edited this collection of articles about how the theory of the firm has evolved from several core concepts and building blocks. The first volume reviews topics including risk and uncertainty; information and knowledge; motives and incentives; resources and capabilities; and transactions. The second volume looks at how the elements are integrated into the modern theory of the firm with the notion of organization coming increasingly to the fore.

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