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Can the Large Penrosian Firm cope with the Dynamics of Technology?

Keith Pavitt
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Keith Pavitt: SPRU, University of Sussex, http://www.sussex.ac.uk/spru/

No 68, SPRU Working Paper Series from SPRU - Science Policy Research Unit, University of Sussex Business School

Abstract: Whilst knowledge is a growing feature of corporate competitiveness and growth, it will make firms increasingly dependent on outside resources (including public and foreign resources), and will be increasingly disruptive to their internal organisation. This is because knowledge is increasingly specialised in its production, and leads to periodic step-jumps in technical performance with potentially disruptive effects on corporate organisation.

Keywords: specialised knowledge; technical performance; corporate organisation (search for similar items in EconPapers)
JEL-codes: D83 L2 O3 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2001-09-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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