Our paper for  Strategic Management Review Special Issue on Edith Penrose has gone off.  Pattit Pattit & Spender Penrose SMR 2020 final  

Another paper on the ‘theory of the firm’ off  too. Spender Alt ToFs March 2020 v3.1

New appointments at the Fordham Center for Humanistic Management. and the Rutgers Institute of Ethical Leadership

New Calls for Papers1Journal of Knowledge Management Special Issue and  2AMLE Call on History of Business Schools

Academic Activities. I came into management education in 1971 after Naval service and managerial work in several industries. I wanted to understand this experience. It proved more difficult – and more interesting – than I imagined. Ever since I have been working on a theory of the firm that hinges on the managerial/entrepreneurial imagination. I have only recently understood how we might proceed by making Knightian uncertainty central, questioning why firms exist and what they are. The move brings strategy, entrepreneurship, ethics, and leadership together into a single inquiry. The most crucial elements are (a) non-zero transaction costs, and hence (b) the processes that create economic value at least sufficient to cover these costs. Regrettably, Williamson’s analysis obscures rather than clarifies.

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