This volume brings together prominent voices on competence, governance, and entrepreneurship to advance and stimulate economic strategy research. By pooling and mobilizing intellectual resources of both competence and governance perspectives, the contributions show that an innovative joint venture between these two main perspectives can lead to a new avenue of future research on strategic issues such as 'corporate growth', 'interfirm cooperation', and 'corporate entrepreneurship.'

The rise of the knowledge economy has far-reaching implications for the nature of economic organization as well as firm strategy. Not surprisingly, thinking in management studies as well as in economies has been profoundly affected by these changes. Thus, management thinking in particular has been increasingly characterized by a schism between those who advocate 'knowledge' or 'capabilities-based' approaches in the strategy and organization fields and those who adopt more economies-influenced approaches, notably the economics of organization. This book is a sustained attempt to overcome this...

The rise of the knowledge economy has far-reaching implications for the nature of economic organization as well as firm strategy. Not surprisingly, thinking in management studies as well as in economies has been profoundly affected by these changes. Thus, management thinking in particular has been increasingly characterized by a schism between those who advocate 'knowledge' or 'capabilities-based' approaches in the strategy and organization fields and those who adopt more economies-influenced approaches, notably the economics of organization. This book is a sustained attempt to overcome this...

This text explores the theory of the firm produced through an exchange between management theory and economics. In the process, economics is seen to provide a foundational element for strategy research whilst developing a more realistic theory of the firm with a greater emphasis on its internal features. The success of competence theories of the firm also reflects their ability to explain significant trends in the business world, notably the declining importance of conglomerates and critical features in the success of Asian and Japanese business.

The work of G.B. Richardson has given insights into key issues and debates such as markets versus hierarchies, price stability, the economics of information and the concept of competition based upon differentiated firms.
This collection encourages further development of Richardson's themes. It will make excellent reading for students looking at the capability or competence approach to the firm, and for all those wishing to familiarise themselves with the work of this important economist.

Explores a theory of the firm produced through an exchange between management theory and economics. This books attempts to show that, in the process, economics provides a foundational element for strategy research whilst developing a more realistic theory of the firm with a greater emphasis on its internal features.

While there are many books on knowledge management, knowledge governance is a concept that has not been so well explored, and is much less understood. Knowledge governance refers to choosing structures and mechanisms that can influence the processes of sharing and creating knowledge.
The book argues that knowledge governance is a distinct issue in management and organization because knowledge processes differ on several dimensions from routine and more traditional processes. The relationship between governance issues and knowledge processes is under-researched, theoretically as well as...

Business model innovation is an important source of competitive advantage and corporate renewal. An increasing number of companies have to innovate their business models, not just because of competitive forces but also because of the ongoing change from product-based to service-based business models. Yet, business model innovation also involves organizational change process that challenges existing processes, structures and modes of control.
This volume features thirteen chapters written by authorities on business model innovation. The specific angle, and the novel feature of this book,...