The DOI matches its Crossref record; 12 of the 12 references it cites were found in a registry or an index.
Markets, Firms, and the Process of Economic Development
Abstract
We develop a framework to describe value creation as a process comprising resource combinations and exchanges and use the framework to show how organizations in general, and business firms in particular, interact with markets to create economic value for themselves, for their members, and for society. The theory offers an explanation of why neither a market nor a firm, by itself, can achieve adaptive efficiency and why institutional pluralism contributes to the process of economic development.
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Citations
Cites
Firm Resources and Sustained Competitive Advantage
Barney, J. (1991) · Journal of Management · doi:10.1177/014920639101700108 · Cited by 48,334
Institutions, Institutional Change and Economic Performance
North, D. C. (1990) · doi:10.1017/cbo9780511808678 · Cited by 32,691
Coase, R. H. (1937) · Economica · doi:10.1111/j.1468-0335.1937.tb00002.x · Cited by 23,972
Coase, R. H. (1960) · The Journal of Law and Economics · doi:10.1086/466560 · Cited by 18,255
Endogenous Technological Change
Romer, P. M. (1990) · Journal of Political Economy · doi:10.1086/261725 · Cited by 17,711
Competitive Strategy: Techniques for Analyzing Industries and Competitors
(1980) · Journal of Sustainable Competitive Intelligence · doi:10.24883/iberoamericanic.v2i2.38 · Cited by 16,592
Knowledge of the firm, combinative capabilities, and the replication of technology
Kogut, B., & Zander, U. (1992) · Organization Science · doi:10.1287/orsc.3.3.383 · Cited by 12,939
Strategic assets and organizational rent
Amit, R., & Schoemaker, P. J. H. (1993) · Strategic Management Journal · doi:10.1002/smj.4250140105 · Cited by 8,425
Technological paradigms and technological trajectories
Dosi, G. (1982) · Research Policy · doi:10.1016/0048-7333(82)90016-6 · Cited by 6,685
Core capabilities and core rigidities: A paradox in managing new product development
Leonard-Barton, D. (1992) · Strategic Management Journal · doi:10.1002/smj.4250131009 · Cited by 6,477
Strategic Factor Markets: Expectations, Luck, and Business Strategy
Barney, J. B. (1986) · Management Science · doi:10.1287/mnsc.32.10.1231 · Cited by 5,548
The co-evolution of technology, industrial structure, and supporting institutions
NELSON, R. R. (1994) · Industrial and Corporate Change · doi:10.1093/icc/3.1.47 · Cited by 829
Cited by
Amit, R., & Zott, C. (2001) · Strategic Management Journal · doi:10.1002/smj.187 · Cited by 5,564
Designing Virtual Customer Environments for New Product Development: Toward a Theory
Nambisan, S. (2002) · The Academy of Management Review · doi:10.5465/amr.2002.7389914 · Cited by 1,026
Antecedents and consequences of social capital on buyer performance improvement
Lawson, B., Tyler, B. B., & Cousins, P. D. (2008) · Journal of Operations Management · doi:10.1016/j.jom.2007.10.001 · Cited by 394
de Luque, M. S., Washburn, N. T., Waldman, D. A., & House, R. J. (2008) · Administrative Science Quarterly · doi:10.2189/asqu.53.4.626 · Cited by 340
Anand, J., McDermott, G., Mudambi, R., & Narula, R. (2021) · Journal of International Business Studies · doi:10.1057/s41267-021-00426-1 · Cited by 251
Metadata
- Authors
- Moran, P., & Ghoshal, S.
- Venue
- The Academy of Management Review
- Publisher
- Academy of Management
- Published
- 1999-07
- Volume
- 24
- Issue
- 3
- Pages
- 390
- ISSN
- 0363-7425 (ISSN-L)
- OpenAlex
- W2166072958
- Cited by
- 504
- References
- 12
- FWCI
- 19.18
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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