Description: Focuses attention on the sources of heterogeneity in firm performance. Most research in economics, particularly in industrial organization theory, assumes that firms are homogeneous in terms of knowledge, production structure, and factor price environment. Research in the tradition of strategic management, in contrast, focuses attention on heterogeneity across firms as the primary driver of the nature of competition and of the sources of firm performance. Subject introduces doctoral students in strategic management and economics to the evidence for persistent heterogeneity. Restricted to doctoral students.
Course #: 15.943
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