Extant explanations of the nature and scope of firms, such as transaction costs, property rights, metering and ‘resources’ can be integrated into a more general (capability-based) theory of the nature and essence of the firm that recognizes the importance to the firm of creating (and...

The link between Corporate Social Responsibility (CSR) and competitiveness has been examined mainly at the business level. The purpose of this paper is to improve theoretical understanding and provide empirical evidence on the link between CSR and competitiveness at the national level. We draw...

We draw on the seminal contribution to economics by Luigi Pasinetti. We respond to his clarion call to reverse what he called the “original sin” of classical economists, (the assumption of non-increasing returns to scale) exacerbated later by neo-classical economists and move towards...