Contributions of Edith Penrose to the theories of technical progress within oligopolistic competition
Abstract
This paper reviews the contributions of Edith T. Penrose (1914-1996), to the theories of technical progress within oligopolistic competition. It is mainly based upon chapter VII of her seminal Theory of the Growth of the Firm, published for the first time in 1959.
JEL Classification: B21; B31; D43.
Keywords: History of economic thought Pensore oligopolistic competition