“Economic Foundations of Strategy uniquely contributes to the strategic management discipline by discussing and integrating the most important theoretical approaches in strategic management research. The book articulates the essence of these theories creatively and eloquently. Currently, our...

The 'Resource-Based View of the Firm' has emerged as one of the dominant perspectives used in strategic management. It addresses the fundamental research question of strategic management: Why it is that some firms persistently outperform others? Resource-Based Theory provides a considered...

Economic Foundations of Strategy provides not only the essential basic tenets of strategy, it also shows the inter-relationships of five major theories of the firm: the behavioral theory; transaction costs theory; property rights theory; agency theory; and dynamic resource-based theory. Even...