Instant Access to the Journals you Need

Read Online + Print Articles, for just $40 a month.

Start Your Free Trial

Winter on Schumpeter on the firm: some issues of intertemporal continuity

Winter on Schumpeter on the firm: some issues of intertemporal continuity


Industrial and Corporate Change, Volume 15, Number 1, pp. 143–144 doi:10.1093/icc/dtj007 Advance Access published February 3, 2006 Any paper of Sid Winter’s is provocative of new thinking. It is good to rescue this brief note of 1968, for it sets forth tersely but amply the knowledge implications of the organization of production in firms. If we follow Winter in examining seriously the neoclassical concept that the firm is the locus of productive knowledge, we learn that there are all sorts of ambiguities and partial degrees of knowledge. Further, the assumption that the state of knowledge is given cannot be maintained; there are intrinsic dynamics, so that the firm’s techniques are continually changing. The correctness of Sid Winter’s observations is not in any doubt. There is, of course, the problem of translating that insight into a usable model capable of yielding implications for prediction and policy. Since the paper was written, there has indeed been a lot of discussion in the literature of organization theory which emphasizes the role of firms in transmitting and acquiring knowledge (e.g., Nickerson and Zenger, 2004). In a way the cumulative impact of a firm’s decisions to acquire knowledge justifies the neoclassical identification of
Loading next page...

You're reading a free preview. Subscribe to read or print the entire article.

And millions more from thousands of peer-reviewed journals, for just $40/month.

Start Your Free Trial

What content is in DeepDyve?

  • Read and share from thousands of the leading scholarly journals from Springer, Elsevier, Nature, IEEE, Wiley-Blackwell and more.
  • All the latest content is available, no embargo periods.

Rent Scholarly Articles?

  • Read the full article in your browser.
  • Each month you can print 20 pages for free.
  • Access all of your rentals from the cloud anywhere you have an internet connection.
  • Beautiful reading experience – Full charts and figures, just like the PDF.
  • Read as much as you'd like - whenever you'd like.

Happy Users

“In one word renting from DeepDyve is FANTASTIC!!! ... 99% of the time I only need access to an article for a month or so, so renting the articles is perfect for me.”

Adam S.

“Thanks for a great service! For an unaffiliated science blogger like myself this is like a dream come true.”

Seppo P.

“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”

Daniel C.

“Let me seize this opportunity and congratulate you on the service you are rendering to the scientific community.”

Joao B.