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The Problem of Production: A new theory of the firm (Routledge Advances in Heterodox Economics), by Per L. Bylund
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The theory of the firm has been fertile ground for economists. Bylund proposes a new theory, rooted in Austrian economics, which examines the firm as a part of the market, and not as a free-standing entity. In this integrated view, a theory is offered which incorporates entrepreneurship, production, market process and economic development.
- Sales Rank: #1488091 in Books
- Published on: 2016-01-04
- Original language: English
- Number of items: 1
- Dimensions: 9.20" h x .90" w x 6.20" l, .0 pounds
- Binding: Hardcover
- 194 pages
Review
"The author succeeds in spotlighting the economic function provided by the firm―in place of the traditional view of starting with the conception of a firm ―by first looking at the market and its limitations to production. Consequentially, this theory development adds an interesting twist to the attempts to understand the existence of firms."
- Erik Markin and Vishal Gupta, Organization Management Journal
About the Author
Per L. Bylund is Records-Johnston Professor of Free Enterprise and Assistant Professor of Entrepreneurship, School of Entrepreneurship, Oklahoma State University, USA.
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