These papers by Teece cover the theory of the firm and its implications for economic performance, as they concern managers and policy-makers. Key topics addressed include: the nature of the firm and dynamic capabilities; diversification and vertical integration; and joint ventures.... in power equipment (steam and gas turbines, switchgear, circuit breakers, transformers) and in industrial products (electric motors, lamps, controls). In the late 1970s G.E. has come to identify Siemens (a West German firm) as its principal competitor. ... Sears and Montgomery Ward were also early rivals in catalog sales.
|Title||:||Economic Performance and the Theory of the Firm|
|Author||:||David J. Teece|
|Publisher||:||Edward Elgar Publishing - 1998-01-01|