We use the tools of transaction cost economics ('TCE') and economic analysis more generally to analyze the provisions of a long-term multi-million-dollar contract in the petroleum industry, the 35 year Field Contractors Agreement signed in 1965 for the development of a major oil field just...

This article begins with some notes on the intellectual climate in which the article of (Winter 1968, "Towards a Neo-Schumpeterian Theory of the Firm," The RAND Corporation; 2006, Industrial and Corporate Change, 15, 1) was first written. It identifies core ideas and contentions Sidney Winter...

This article is a personal remembrance by the authors, of John Freeman's transition from being a scholar on organization theory to an active contributor to entrepreneurship research, teaching and mentoring. The article reflects on Freeman's work on organizational ecology and entrepreneurship, as...

The concepts of asset co-specialization and dynamic capabilities have been instrumental in furthering the organization and strategy scholarship agenda, but have so far had limited impact on the theory of the multinational enterprise (MNE) and foreign direct investment (FDI). In addition, the...

David J. Teece discusses with Sidney G. Winter some of the major contributions of Alfred D. Chandler, Jr. Topics discussed include path dependence and the organizational embeddedness of competences and capabilities, the recent financial crisis, and the electronic century in terms of Chandler's...

David Teece discusses with Richard R. Nelson the contributions of Alfred D. Chandler Jr to a variety of areas in business history, economics, and management. Topics include Chandler's understanding of organizational capabilities, management leadership, technology, strategy, and the theory of the...

Alfred D. Chandler's scholarship on the large industrial enterprise has deepened understanding of economic development, and helped establish the field of strategic management research. Chandler's monumental work emphasized the importance of organizational innovation, managerial acumen and...