Economic Foundations of Strategy / Edition 1

by Joseph T. Mahoney

Overview

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 though technological, organizational and institutional change advances breathlessly, the theories of the firm provided in this research book are durable principles that have stood, and the author maintains will continue to stand, the test of time. Economic Foundations of Strategy emphasizes the complementarities among these five theories of organization, and the potential for integrating these theories in the evolving science of organization. Applications of these theories to business practice are emphasized throughout the book.

Product Details

ISBN-13:	9781412905435
Publisher:	SAGE Publications
Publication date:	07/08/2004
Series:	Foundations for Organizational Science
Edition description:	New Edition
Pages:	272
Product dimensions:	6.00(w) x 9.00(h) x 0.58(d)

About the Author

Joseph Mahoney is Professor, Department of Business Administration, the University of Illinois Urbana-Champaign. He has won the Executive MBA Outstanding Teaching Award in 1995, 1996, 1998 and 1999. Professor Mahoney teaches undergraduate, M.B.A., Executive M.B.A., and Ph.D. courses in strategic management and business economics, and his research interest include corporate governance and organizational economics. He is on the editorial board of the Strategic Management Journal, and his research has appeared in refereed publications such as, Journal of Management Studies, Managerial and Decision Economics, Journal of Agricultural and Resource Economics, Strategic Management Journal, Journal of Business Research, and Journal of Management Inquiry.

Table of Contents

Editor's Introduction - Anne Huff
Foreword - Oliver E. Williamson
Preface
Overview
Chapter 1 Behavioral Theory of the Firm
Chapter 2 Transaction Costs Theory
Chapter 3 Property Rights Theory
Chapter 4 Agency Theory
Chapter 5 Resource-based/Dynamic Capabilities
Chapter 6 The Theoretic Building Blocks of Organizational Economics