Strategic management and economics

Strategic management and economics This essay examines the relationship between strategic management and economics. It introduces the special issue on this same topic by providing a guide to the eight papers contained in the special issue, and it offers the guest editors viewpoints on the contributions of each discipline to the other. The essay notes the major contribution from economics has been primarily from the industrial organization literature, with promises of important gains to be made from the ‘new’ economics as it breaks away from the neoclassical theory of the firm. Contributions from strategic management to economics are noted. Areas for further research utilizing the relationship between strategic management and economics are also indicated. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Strategic Management Journal Wiley

Strategic management and economics

Strategic Management Journal, Volume 12 (S2) – Dec 1, 1991

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Publisher
Wiley
Copyright
Copyright © 1991 John Wiley & Sons, Ltd.
ISSN
0143-2095
eISSN
1097-0266
DOI
10.1002/smj.4250121003
Publisher site
See Article on Publisher Site

Abstract

This essay examines the relationship between strategic management and economics. It introduces the special issue on this same topic by providing a guide to the eight papers contained in the special issue, and it offers the guest editors viewpoints on the contributions of each discipline to the other. The essay notes the major contribution from economics has been primarily from the industrial organization literature, with promises of important gains to be made from the ‘new’ economics as it breaks away from the neoclassical theory of the firm. Contributions from strategic management to economics are noted. Areas for further research utilizing the relationship between strategic management and economics are also indicated.

Journal

Strategic Management JournalWiley

Published: Dec 1, 1991

References

  • The nature of the firm
    Coase, Coase
  • Determinants of firm performance: The relative importance of economic and organizational factors
    Hansen, Hansen; Wernerfelt, Wernerfelt
  • A transactions cost theory of equity joint ventures
    Hennart, Hennart
  • Generic competitive strategies
    Karnani, Karnani
  • Joint ventures: Theoretical and empirical perspectives
    Kogut, Kogut
  • Strategic groups: Theory, research and taxonomy
    McGee, McGee; Thomas, Thomas
  • The business school: A problem in organizational design
    Simon, Simon

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