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The American Economic Review

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Опубликовано на портале: 13-02-2007
Edith Penrose The American Economic Review. 1955.  Vol. 45. No. 2. P. 531-543. 
There are two approaches to the question of the size of firms. the traditional approsch attempts to explain size in terms of the balance of advantages and disadvantages of being a particular size. Another approach emphasizes the process of growth and treats size as a more or less incidental result of a continuous on -going or "unfolding" process. The author wants here to suggest an alternative growth approach which, in common with the biological variant, insists that a predisposition to grow is inherent in the very nature firms, but which, in contrast, makes growth depend on human motivation.
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