Edith Penrose: Resource

Edith Penrose was economist. Explore interesting quotes on resource.

Edith Penrose: 14 quotes 0 likes

“A firm is essentially a pool of resources the utilization of which is organized in an administrative framework.”

Edith Penrose

p 149
The Theory of the Growth of the Firm, 1959

“Management tries to make the best use of the resources available.”

Edith Penrose

Source: The Theory of the Growth of the Firm, 1959, p. 5

“A firm is more than an administrative unit; it is also a collection of productive resources the disposal of which between uses and over time is determined by administrative decision.”

Edith Penrose

Source: The Theory of the Growth of the Firm, 1959, p. 24

Decision , Time

“Internal inducements to expansion arise largely from the existence of a pool of unused productive services, resources and special knowledge, all of which will always be found within any firm.”

Edith Penrose

Source: The Theory of the Growth of the Firm, 1959, p. 66

Knowledge