Economic Microfoundations of Strategic Management

Download or read book Economic Microfoundations of Strategic Management written by Kirsten Foss and published by Springer Nature. This book was released on 2022-10-18 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops a property rights approach to firm strategy and demonstrates how it helps address key challenges in strategic management research. It shows that the property rights approach holds important implications both for entrepreneurship and organizational learning theory. Property rights have direct implications for strategic management, as control over assets has an immediate link to the creation and appropriation of economic value. For a firm to execute a competitive strategy, it must hold rights to appropriate resources. This book will appeal to scholars working in the fields of strategic management, organizational theory and resource allocation. It is an invaluable summary of two decades of groundbreaking research.