This collection of selected papers provides a range of fundamental readings in strategic management. The collection covers basic and advanced topics and includes selections from both traditional masters in the field as well as writings by contemporary authors. Part One: Foundations of Business Strategy: contains the classical foundational texts (from scholars such as Herbert Simon, Alfred Chandler and Alfred Sloan) which helped create the field. Part Two: Industry Analysis and Competitive Strategy: covers the key texts in the areas of industry analysis and competitive strategy (with contributions by Porter, Nalebuf, Ghemewhat and others). Part Three: The Resource Competences Based Approach to Strategy: highlights contributions to the resources-based view (including key articles from Richard Rumelt, Jay Barney and others). Part Four: Dynamic Capabilities Approach: addresses dynamic capability theory (with contributors such as Sidney Winter, Richard Rumelt, David Teece and others), covering areas such as organizational learning, entrepreneurship and future directions for strategic management. Each volume contains an introduction to the content included. The collection is of great value to scholars, students and practitioners of corporate strategy.

Table of Contents:
Volume One Economic Analysis and Strategic Management - D J Teece The Nature of the Firm - R Coase Rational Decision Making in Business Organizations - Herbert A. Simon Organizational Behavior - James G March and Herbert A Simon Transaction-Cost Economics: The Governance of Contractual Relations - Oliver E. Williamson Production, Information Costs and Economic Organization - A Alchian and H Demsetz Four Formal(izable) Theories of the Firm? - Robert Gibbons Evolutionary Theorizing in Economics - Richard R. Nelson and Sidney G. Winter An Epilogue - Richard M Cyert and James G March Research on the Business Firm Limits to the Growth and Size of Firms - Edith Penrose A Legal Basis for the Firm Costly and Bounded Rationality in Individual and Team Decision-Making - Roy Radner Team Theory, Garbage Cans and Real Organizations: Some History and Prospects of Economic Research on Decision-Making in Organizations - Robert Gibbons Organizations and Markets - Herbert A. Simon The Great Opportunity – I - Alfred P. Sloan, Jr. The Beginnings of “Big Business” in American Industry - Alfred D. Chandler, Jr. Business Objectives and Survival Needs: Notes on a Discipline of Business Enterprise - Peter F. Drucker Volume Two The Enduring Logic of Industrial Success - Alfred D Chandler Jr The Dynamics of Industrial Capitalism - David J Teece Strategy and Organizational Evolution - Herbert A Simon The Evolution of Evolution - James G March What Is Strategy? - Michael E Porter Perspectives on Alfred Chandler′s Scale and Scope Organizations and Markets - Herbert A Simon Strategizing, Economizing and Economic Organization - Oliver E Williamson ′Introduction′ and ′Fundamental Issues in Strategy′ - Richard P Rumelt, Dan E Schendel and David J Teece Evolutionary Theorizing in Economics - R Nelson and S Winter Team Theory, Garbage Cans and Real Organizations - Robert Gibbons Some History and Prospects of Economic Research on Decision-Making in Organizations PART TWO: INDUSTRY ANALYSIS AND COMPETITIVE STRATEGY Relation of Profit Rate to Industry Concentration - Joe S Bain American Manufacturing, 1936-1940 The Role of Investment in Entry Deterrence - Avinash Dixit Uncertain Imitability - S A Lippman and R P Rumelt An Analysis of Interfirm Differences in Efficiency under Competition Volume Three Do Markets Differ Much? - Richard Schmalensee Sustainable Advantage - Pankaj Ghemawat Reputation and Strategy - Keith Weigelt and Colin Camerer A Review of Recent Theory and Implications Performance Differences among Strategic Groups - Karel Cool and Dan Schendel The Theory of Business Strategy - Carl Shapiro The Economics of Modern Manufacturing - Paul Milgrom and John Roberts Technology, Strategy and Organization Does Strategy Research Need Game Theory? - Colin F Camerer How Much Does Industry Matter? - Richard P Rumelt Game Theory and Strategic Management - Garth Saloner Applications, Contributions and Limitations The Right Game - Adam M Brandenburger and Barry J Nalebuf Use Game Theory to Shape Strategy The Meaning of Monopoly - David J Teece and Mary Coleman Antitrust Analysis in High-Technology Industries PART THREE: THE RESOURCE COMPETENCES-BASED APPROACH TO STRATEGY Towards an Economic Theory of the Multiproduct Firm - David J Teece A Resource-Based View of the Firm - Birger Wernerfelt Strategic Factor Markets - Jay B Barney Volume Four Determinants of Firm Performance - Gary S Hansen and Birger Wernerfelt The Relative Importance of Economic and Organizational Factors Firm Resources and Sustained Competitive Advantage - Jay Barney Why Do Firms Differ and How Much Does It Matter? - Richard R Nelson Strategic Assets and Organizational Rent - Raphael Amit and Paul J H Schoemaker A Sociological Perspective on Why Firms Differ - Glenn R Carroll The Cornerstones of Competitive Advantage - Margaret A Peteraf A Resource-Based Approach Sustainable Competitive Advantage - Christine Oliver Combining Institutional and Resource-Based Views Is the Resource-Based ′View′ a Useful Perspective for Strategic Management Research? - Richard L Priem and John E Butler The Bargaining Perspective - Steven A Lippman and Richard P Rumelt The Payments Perspective - Steven A Lippman and Richard P Rumelt Micro-Foundations of Resource Analysis The Resource-Based Tangle - Nicolai J Foss and Thorbjorn Knudsen Towards a Sustainable Explanation of Competitive Advantage Dynamic Capabilities and the Multinational Enterprise - Mie Augier and David J Teece Competing on Resources - David J Collis and Cynthia Montgomory PART FOUR: DYNAMIC CAPABILITIES APPROACH Research Note - David J Collis How Valuable Are Organizational Capabilities? Volume Five Dynamic Capabilities and Strategic Management - David J Teece, Gary Pisano and Amy Shuen Introduction - Giovanni Dosi, Richard R Nelson and Sidney G Winter The Nature and Dynamics of Organizational Capabilities Structural Inertia and Organizational Change - Michael T Hannan and John Freeman Absorptive Capacity - Wesley M Cohen and Daniel A Levinthal A New Perspective in Learning and Innovation Exploration and Exploitation in Organizational Learning - James G March The Myopia of Learning - Daniel A Levinthal and James G March The Red Queen in Organizational Evolution - William P Barnett and Morten T Hansen The Satisfying Principle in Capability Learning - Sidney G Winter Deliberate Learning and the Evolution of Dynamic Capabilities - Maurizio Zollo and Sidney G Winter Cognitive Simplification Processes in Strategic Decision-Making - Charles R Schwenk The Psychological Context of Strategic Decisions - Thomas S Bateman and Carl P Zeithaml A Model and Convergent Experimental Findings The Attention-Based View of the Firm - William Ocasio Getting to Know You - Margaret Peteraf and Mark Shanley A Theory of Strategic Group Identity Volume Six Timid Choice and Bold Forecasts - Daniel Kahneman and Dan Lovallo Integrating Evolution, Cognition and Design - Mie Augier and Saras D Sarasvarthy Extending Simonian Perspectives to Strategic Organization Transactions-Cost Economics in Real Time - Richard Langlois Measuring Competences? Exploring Firm Effects in Pharmaceutical Research - Rebecca Henderson and Iain Cockburn Strategy Research - Oliver E Williamson Governance and Competence Perspectives Dynamic Capabilities - Kathleen M Eisenhardt and Jeffrey A Martin What Are They? The Economics of Strategic Opportunity - Jerker Denrell, Christina Fang and Sidney G Winter The Dynamic Resource-Based View - Constance E Helfat and Margaret A Peterof Capability Lifecycles Understanding Dynamic Capabilities - Sidney G Winter Rationality, Foolishness and Intelligence - James G March The Co-Evolution of Capabilities and Transaction Costs - Michael G Jacobides and Sidney G Winter Explaining the Institutional Structure of Production Explicating Dynamic Capabilities - David J Teece Nature, Microfoundations and Long-Run Enterprise Performance