Strategic Management and Economics
Rumelt, Richard P.
Strategic Management and Economics - BVIMR Management Edge 2011 - BVIMR Management Edge. 2011, Vol. 4 Issue 2, p115-118. 4p.
This essay examines the relationship between strategic management and economics. It introduces the special issue on this same topic by providing a guide to the eight papers contained in the special issue, and it offers the guest editors viewpoints on the contributions of each discipline to the other. The essay notes the major contribution from economics has been primarily from the industrial organization literature, with promises of important gains to be made from the `new' economics as it breaks away from the neoclassical theory of the firm. Contributions from strategic management to economics are noted. Areas for further research utilizing the relationship between strategic management and economics are also indicated.
0143-2095
Strategic Management Corporate strategies Game theory Financial economics Transaction costs Economies of scale
Strategic Management and Economics - BVIMR Management Edge 2011 - BVIMR Management Edge. 2011, Vol. 4 Issue 2, p115-118. 4p.
This essay examines the relationship between strategic management and economics. It introduces the special issue on this same topic by providing a guide to the eight papers contained in the special issue, and it offers the guest editors viewpoints on the contributions of each discipline to the other. The essay notes the major contribution from economics has been primarily from the industrial organization literature, with promises of important gains to be made from the `new' economics as it breaks away from the neoclassical theory of the firm. Contributions from strategic management to economics are noted. Areas for further research utilizing the relationship between strategic management and economics are also indicated.
0143-2095
Strategic Management Corporate strategies Game theory Financial economics Transaction costs Economies of scale
