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David J. Teece and Neil M. Kay

This stimulating research review analyses how the theory of the firm evolved from several core concepts and building blocks that underpin this important area of economics. It discusses a variety of perspectives from leading scholars in the field, including the basic elements of: risk and uncertainty; information and knowledge; bounded rationality and decision making; motives and incentives; resources and capabilities; and transactions. The review goes on to examine how the various elements are integrated into the modern Theory of the Firm with the notion of organization coming increasingly to the fore. It focuses on norms; rules and routines; the entrepreneur; governance; hierarchies; co-operation, teams and networks; innovation and appropriability. This comprehensive review will be an invaluable reference tool for all researchers and students with an interest in the modern theory of the firm, highlighting how it needs to evolve further to address the important management and policy issues of our time.
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David J. Teece and Neil M. Kay

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David J. Teece and Neil M. Kay

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Andrew M. Jones

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Jim Skea, Renée van Diemen, Matthew Hannon, Evangelos Gazis and Aidan Rhodes

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Edited by Ewald Nowotny, Doris Ritzberger-Grünwald and Helene Schuberth

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Edited by Keith Townsend, Kenneth Cafferkey, Aoife M. McDermott and Tony Dundon

This Elgar Introduction provides an overview of some of the key theories that inform human resource management and employment relations as a field of study.
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Energy Innovation for the Twenty-First Century

Accelerating the Energy Revolution

Jim Skea, Renée van Diemen, Matthew Hannon, Evangelos Gazis and Aidan Rhodes

This book addresses the question: how effective are countries in promoting the innovation needed to facilitate an energy transition? At the heart of the book is a set of empirical case studies covering supply and demand side technologies at different levels of maturity in a variety of countries. The case studies are set within an analytical framework encompassing the functions of technological innovation systems and innovation metrics. The book concludes with lessons and recommendations for effective policy intervention.
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Edited by John K. Wilson and Richard Pomfret

The economics of sport has been a dynamic branch of economic research in recent years. This reflects the size and salience of the sports industry in many countries and increasingly as an international phenomenon. Professional sports leagues and individual mega-events can be multi-billion-dollar activities driven as much, and sometimes more, by economics as by the sporting aspect. The clear set of rules and ‘big data’ available from many sports has also provided fertile ground for testing and refining responses to incentives and core elements of game theory and behavioural economics.