Adaptation, Specialization, and the Theory of the Firm: Foundations of the Resource-Based View

This invaluable book provides the foundations for a new theory of the firm, drawing on Birger Wernerfelt's landmark work on economic theory and the resource-based view of the firm. It addresses a vigorous and long-standing academic debate over what exactly a 'firm' is, both in the field of management and economics. Wernerfelt revisits his classic articles, including an extensively revised 'A Resource-Based View of the Firm' (1984), which have been updated and synthesized to provide precise and accessible concepts and predictions. By offering future directions for research and practice, this book will be of interest to students and scholars of management and economics alike.

Author: Birger Wernerfelt
Publisher: Cambridge University Press
Published: 10/27/2016
Pages: 324
Binding Type: Hardcover
Weight: 1.29lbs
Size: 9.36h x 6.13w x 0.92d
ISBN: 9781107134409

About the Author
Wernerfelt, Birger: - Birger Wernerfelt is the J. C. Penney Professor of Management at the Sloan School of Management, Massachusetts Institute of Technology.