<title>Abstract</title> This paper addresses the neglected, significant influence of Robinson on Penrose and her profound impact on the resource-based view (RBV) of strategy. The modest intent is to awaken strategy scholars and perhaps others to Austin Robinson's pioneering volume. The ambitious intent is to...

The internalisation theory of the multinational enterprise (MNE) is a significant intellectual legacy of Ronald Coase. US direct investment in Europe became highly political in the 1960s, and neoclassical trade theory had no explanation. A theory of the multiplant enterprise was required, and...

Coase's ‘The Nature of the Firm’ can be read as contributing to either or both a marginalist or a comparative institutional perspective, although Coase made clear in the paper that he saw its primary contribution as belonging to the former camp. However, it has since tended to be interpreted...

This paper argues that Coase provides the primary 20th century exemplar of the grounding of analytical developments in economics in direct fieldwork observation. In particular, his focus on the business enterprise, its internal functions (including decision‐making), and its external relations...

The emergence and delayed influence of Coase's ideas demonstrate the role of unpredictability and path dependence in the creation of knowledge and the recognition of its implications. Coase's approach to the operation of firms and markets was not readily accommodated in a theoretical vision of...

Ronald Coase viewed transaction cost minimization as a central goal of contracting and organizational decisions. We discuss how a solution to the traditional successive monopoly problem that has not been discussed in the literature can economize on such costs. Specifically, we show that when we...

The Czech Republic (CR) is regarded as one of the "first wave" countries likely to join the European Union (EU) as early as 2004. Since the fall of the Berlin Wall in 1989 several Eastern and Central European countries have swiftly moved away from the visible hand of state-controlled economies...