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Economic Foundations of Strategy
- Joseph T. Mahoney - University of Illinois at Urbana-Champaign, USA
August 2004 | 272 pages | SAGE Publications, Inc
Economic Foundations of Strategy helps clarify the theoretical foundations of management strategy. It identifies five theories of particular importance to the strategy field, and outlines the contributions of particularly influential works in each area. The book helps find answers for five questions regarding key issues in strategy using economic theory: How can organizations operate efficiently? How can firms minimize costs? How can firms create and allocate wealth? How can firms align individual self-interest? How can resources be acquired, developed and deployed to improve the likelihood of survival and profitable growth?
Anne Huff
Editor's Introduction
Oliver E. Williamson
Foreword
Preface
Overview
Chapter 1 Behavioral Theory of the Firm
Chapter 2 Transaction Costs Theory
Chapter 3 Property Rights Theory
Chapter 4 Agency Theory
Chapter 5 Resource-based/Dynamic Capabilities
Chapter 6 The Theoretic Building Blocks of Organizational Economics
Excellent book, but not enough to be a textbook for the whole course.
International Management, Franklin College
June 3, 2014
The book offers a comprehensive review of contemporary theories of the firm. As it is suitable for the comparison of the governance versus the competence perspective in strategic management, we will add it to our course reading list.
Department of Business Administration, University of Hamburg
December 11, 2012
A superb theoretical overview of business foundations. Best in its class. Of great value for MA level, esp. seminar work.
Rather not suitable for BA level classes.
Strategic and Regional Studies, University of Economics in Katowice
March 12, 2012
It condenses current thought and research in the area of strategy. Not too many books available for PhD students. This book does a great job at fulfilling this need.
business, Unad Floridia
September 2, 2011
A well written text on economic strategy.
Department of Psychology, Westminster University
October 12, 2010
