Convention Theory

James O. Fiet ()
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James O. Fiet: University of Louisville

Chapter Chapter 15 in The Theoretical Logic of Strategy, 2025, pp 81-83 from Springer

Abstract: Abstract A conventionconvention is an agreement between a firm and a resource provider that defines the terms under which a resource will be made available. Conventions are more important than a business plan because they can provide the initial resource support for a new venture, without which it could not proceed.

Date: 2025
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DOI: 10.1007/978-3-031-79014-0_15

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