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theory of innovation and later - based on Penrose - to resource-based theories of the firm. In this the dynamic process of … theory of the firm. -- Economic evolution ; Schumpeter and Marshall ; Generalized Darwinism ; Evolutionary theory of the firm …
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This article examines the recent development of the legal doctrine of piercing the corporate veil in the UK, in light of the judgment given in Prest v Petrodel. The Prest case has significantly altered our understanding of veil piercing and has completely brought into question whether or not it...
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This article proposes to reassess Hayek's theory of cultural evolution in the light of Darwin's Descent of Man. It is … shown that Hayek and Darwin refers to the same theory of human nature which is borrowed from the founding fathers of … are then the consequence of this theory of human nature …
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Diversification is a fundamental concept in economics, decision theory and finance. It also lies at the core of the …
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This paper uses the theory of complex systems as a conceptual lens through which to compare the work of Friedrich Hayek … theory of complex systems as a framework for comparing the Hayekian and Ostromian approaches will be shown to serve two other … purposes. First, it can be used to show how one widely-criticised aspect of Hayek's theory of society as a complex system …
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