This volume investigates the enduring impact and theoretical legacy of Edith Penrose’s seminal work on the growth of the firm. Editor Christos Pitelis compiles contributions from leading economists to analyze how Penrose’s insights into organizational growth, resource-based views, and the classical economic tradition continue to inform modern knowledge-based theories of the firm. The text serves as both a retrospective on her forty-year influence and a critical examination of her methodology in contemporary economic discourse.

Experts recognize this collection as a vital resource for understanding the foundational shifts in firm theory initiated by Penrose. Readers frequently note the academic density of the prose, making it a standard reference for scholars and students of industrial organization and management studies.