IDEAS home Printed from https://ideas.repec.org/a/now/jnlsmr/111.00000063.html
   My bibliography  Save this article

Why Unicorns Exist? On Penrose, Hymer and Prediction

Author

Listed:
  • Christos Pitelis

Abstract

We critically assess and cross-fertilise key ideas by Edith Penrose and Stephen Hymer on the theory of the growth of the firm and the multinational enterprise. We integrate and develop these by addressing limitations regarding in particular intra-organisational conflict, context (market and ecosystem) co-creation and the role of finance. We explore whether the updated theory is aligned to and helps explain and predict the 'sharing economy' and 'unicorns'. We then assess the overall contribution of the two scholars and their relevance to understanding, helping predict and shape the evolution of today's corporation and the organisational market-aided economy.

Suggested Citation

  • Christos Pitelis, 2024. "Why Unicorns Exist? On Penrose, Hymer and Prediction," Strategic Management Review, now publishers, vol. 5(1-2), pages 91-112, April.
    • Handle: RePEc:now:jnlsmr:111.00000063
    DOI: 10.1561/111.00000063
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1561/111.00000063
    Download Restriction: no
    File URL: https://libkey.io/10.1561/111.00000063?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:now:jnlsmr:111.00000063. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lucy Wiseman (email available below). General contact details of provider: http://www.nowpublishers.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.