ABSTRACT

The work of G.B. Richardson has given insights into key issues and debates such as markets versus hierarchies, price stability, the economics of information and the concept of competition based upon differentiated firms.
This collection encourages further development of Richardson's themes. It will make excellent reading for students looking at the capability or competence approach to the firm, and for all those wishing to familiarise themselves with the work of this important economist.

chapter 1|13 pages

Introduction

Co-ordination and capabilities

chapter 5|21 pages

Marshall, Andrews and Richardson on Markets

An interpretation

chapter 7|17 pages

Information and Co-ordination in an Effective Competitive Process

Downie's evolutionary model as a means of resolving Richardson's problem with competition in the context of post-Marshallian economics

chapter 8|25 pages

Austrian and Post-Marshallian Economics

The bridging work of George Richardson

chapter 9|20 pages

The Concept of Capabilities

chapter 12|21 pages

Clusters of Collaboration

The firm, joint ventures, alliances and clubs

chapter 13|18 pages

Limits to a Firm's Rate of Growth

The Richardsonian view and its contemporary empirical significance