Business Competence, Organizational Learning and Economic Growth: Establishing the Smith-Schumpeter-Wicksell (SSW) Connection
AbstractThe firm is defined in terms of its financial objectives, achieved through human-based organizational competence, conferring scale economies on all other factors. Competence is developed through organizational learning, jointly produced with the value added of the firm, largely manifesting itself in organizational change. Such learning draws considerable resources, partly through mistakes and is subjected to strongly diminishing returns.
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Bibliographic InfoPaper provided by Research Institute of Industrial Economics in its series Working Paper Series with number 264.
Length: 38 pages
Date of creation: Sep 1990
Date of revision: Jan 1991
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Postal: Research Institute of Industrial Economics, Box 55665, SE-102 15 Stockholm, Sweden
Phone: +46 8 665 4500
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More information through EDIRC
Organizational change; Economic growth;
Find related papers by JEL classification:
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
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