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Growth of the Firm, The Shelmina Babai Abji or a quickEdith Penrose has been one of the most significant economists of the second part of the twentieth century. Her contribution to the theory of the firm has reinvented and productively developed the classical tradition in economics. It has informed the currently dominant resource knowledge based theory of the firm. Penrose's contribution, however, extends to a great variety of areas, to include industry organization, strategic management, international
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