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Contributions of Edith Penrose to the theories of technical progress within oligopolistic competition

ABSTRACT

This paper reviews the contributions of Edith T. Penrose (1914-1996), to the theories of technical progress within oligopolistic competition. It is mainly based upon chapter VII of her seminal Theory of the Growth of the Firm, published for the first time in 1959.

KEYWORDS:
History of economic thought; Pensore; oligopolistic competition

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