Birger Wernerfelt

Faculty

Birger Wernerfelt

Support Staff

Get in Touch

Title

About

Academic Groups

Academic Area

Birger Wernerfelt is the J. C. Penney Professor of Management Science Emeritus at the MIT Sloan School of Management.

Wernerfelt has held teaching positions and has done research in marketing at MIT Sloan, in economics at the University of Copenhagen, and in strategy at Northwestern University and at the University of Michigan. His current research compares alternative ways of trading services.

Wernerfelt holds a BA in philosophy and an MA in economics from the University of Copenhagen and a DBA in managerial economics from Harvard University.

Publications

Google Scholar
"The Adaptation Cost Theory of the Firm and the Resource-Based View."

Wernerfelt, Birger. In Research Handbook on the Theory of the Firm, edited by Aveed Raha and Josef Windsperger, Edward Elgar Publishing. Forthcoming.

"The Origin and Function of Arbitrary Signals: Making False Statements, Having Long Hair, and Smoking Virginia Slims."

Wernerfelt, Birger. PNAS Nexus Vol. 3, No. 9 (2024): 1-5.

"Diversified Firms: Existence and Behaviors."

Wernerfelt, Birger. Journal of Institutional Economics Vol. 18, No. 3 (2022): 345-360. Download PDF. Download Preprint.

"When Does the Underdog Win?"

Wernerfelt, Birger. Strategy Science Vol. 7, No. 1 (2022): 1-9. Download Preprint.

"Internalization of Advertising Services: Testing a Theory of the Firm."

Wernerfelt, Birger, Alvin Silk, and Shuyi Yu. Marketing Science Vol. 40, No. 5 (2021): 946-963. Download Preprint.

"A Possible Micro-Foundation for the RBV and Its Implications."

Wernerfelt, Birger. Strategic Management Review Vol. 1, No. 1 (2020): 145-158. Download Paper.

Load More