Download or read book Towards a Competence Theory of the Firm written by Nicolai J. Foss and published by Routledge. This book was released on 2013-12-02 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores a new theory of the firm produced through an exchange between management theory and economics. In the process economics is seen to provide a foundational element for strategy research whilst developing a more realistic theory of the firm with a greater emphasis on its internal features. The success of competence theories of the firm also reflects their ability to explain significant trends in the business world, notably the declining importance of conglomerates and critical features in the success of Asian and Japanese business.