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Journal ArticleDOI

The theory of the growth of the firm

Stephen Hill
- 01 Sep 1981 - 
- Vol. 2, Iss: 3, pp 192-193
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This article is published in Managerial and Decision Economics.The article was published on 1981-09-01. It has received 747 citations till now.

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The Resource-Based Theory of Competitive Advantage: Implications for Strategy Formulation

TL;DR: In this article, the authors argue that internal resources rather than the market environment should provide the foundation for a firm's strategy, based on an analysis of relationships among resources, capabilities, conpetitive advantage, and profitability.
Posted Content

Corporate Ownership Around the World

TL;DR: In this article, the authors present data on ownership structures of large corporations in 27 wealthy economies, making an effort to identify ultimate controlling shareholders of these firms, and suggest that the principal agency problem in large corporations around the world is that of restricting expropriation of minority shareholders by the controlling shareholders.
Journal ArticleDOI

Developing a Knowledge Strategy

TL;DR: In this paper, the authors provide a framework for making that link and for assessing an organization's competitive position regarding its intellectual resources and capabilities and recommend that organizations perform a knowledge-based SWOT (strengths, weaknesses, opportunities, and threats) analysis, comparing their knowledge to that of their competitors and to the knowledge required to execute their own strategy.
Journal ArticleDOI

The firm as a distributed knowledge system : A constructionist approach

TL;DR: Firms are distributed knowledge systems in a strong sense: they are decentered systems, iacking an overseeing 'mind'; the knowledge they need to draw upon is inherently indeterminate and continually emerging.
Journal ArticleDOI

Entrepreneurship in multinational corporations : The characteristics of subsidiary initiatives

TL;DR: In this article, the authors define initiative as a key manifestation of corporate entrepreneurship and examine the types of initiative exhibited in a sample of six subsidiaries of multinational corporations, identifying four distinct types of initiatives: global, local, internal, and hybrid.
References
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Journal ArticleDOI

The Resource-Based Theory of Competitive Advantage: Implications for Strategy Formulation

TL;DR: In this article, the authors argue that internal resources rather than the market environment should provide the foundation for a firm's strategy, based on an analysis of relationships among resources, capabilities, conpetitive advantage, and profitability.
Posted Content

Corporate Ownership Around the World

TL;DR: In this article, the authors present data on ownership structures of large corporations in 27 wealthy economies, making an effort to identify ultimate controlling shareholders of these firms, and suggest that the principal agency problem in large corporations around the world is that of restricting expropriation of minority shareholders by the controlling shareholders.
Journal ArticleDOI

Developing a Knowledge Strategy

TL;DR: In this paper, the authors provide a framework for making that link and for assessing an organization's competitive position regarding its intellectual resources and capabilities and recommend that organizations perform a knowledge-based SWOT (strengths, weaknesses, opportunities, and threats) analysis, comparing their knowledge to that of their competitors and to the knowledge required to execute their own strategy.
Journal ArticleDOI

The firm as a distributed knowledge system : A constructionist approach

TL;DR: Firms are distributed knowledge systems in a strong sense: they are decentered systems, iacking an overseeing 'mind'; the knowledge they need to draw upon is inherently indeterminate and continually emerging.
Journal ArticleDOI

Multinational Subsidiary Evolution: Capability and Charter Change in Foreign-Owned Subsidiary Companies

TL;DR: This paper developed models such as the heterarchy (Hedlund, 1986) and the transnational (Bartlett and Ghoshal, 1989) to reflect the critical role played by many subsidiaries in their corporations' competitiveness.