Business, Management and Accounting
8 years ago

Firms' capabilities shape economic performance, transforming industries and communities.

1 view
Economic performance and the theory of the firm
David J. Teece

Paper Summary

The article discusses how the structure and strategies of a company can impact its economic success. It explores topics like how firms operate and adapt to changes, the benefits of diversification and vertical integration, and the advantages of forming partnerships with other companies.

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