“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.”
Source: The Theory of the Growth of the Firm, 1959, p. 24
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Edith Penrose 7
economist 1914–1996Related quotes

Göran Asplund (1975), Strategy formulation: an intervention study of a complex group decision process. p. 22
Source: Introduction to the Study of Public Administration, 1926, p. 2
Source: Introduction to the Study of Public Administration, 1926, p. ix

Address to UN General Assembly, quoted in * 2018-09-26
Trump's U.N. speech pitting globalism against patriotism proves the president has no idea what patriotism means
Daniel Shapiro
NBC News
https://www.nbcnews.com/think/opinion/trump-s-u-n-speech-pitting-globalism-against-patriotism-proves-ncna913141
2018, September 2018

in February 1988, p. 28
Quote, Memorable Quotes from Rajiv Gandhi and on Rajiv Gandhi

Frank Johnson Goodnow, cited in: Albert Lepawsky (1949), Administration, p. 44