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- W2430392173 abstract "Corporate strategy and firm growth is probably one of the most relevant topics for management practice. This kind of decision has been addressed by theories of the firm as the question of firm boundaries. Economic theories of the firm have mainly used a cost-related perspective to answer this question. Nevertheless, from the mid-1990s, the strategy field has claimed a richer perspective in order to explain the existence, boundaries and internal organization of the firm, according to the requirements of a knowledgebased economy (Grant, 1996; Kogut & Zander, 1996; Conner & Prahalad, 1996; Foss, 1996). The Knowledge-Based Theory of the Firm (KBT) steps ahead of this claim. It has been considered as the largest subset of the growing literature on strategic theories of the firm, although with some weaknesses in explaining the existence of the firm yet with strengths for understanding value creation and the location of firm boundaries (Phelan & Lewin, 2000)." @default.
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- W2430392173 date "2013-01-01" @default.
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- W2430392173 title "The Knowledge-Based Theory of the Firm and the Question of Firm Boundaries" @default.
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