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Economic Rents and Legitimacy: Incorporating Elements of Organizational Analysis Institutional Theory to the Field of Business Strategy
strategy institutional theory legitimacy institutional strategy
2009/9/25
Are sources of economic rent, as defined by the prevalent business strategy paradigm, sufficient to attain and maintain superior returns? The perspective developed within the conceptual framework of t...
Rent seeking has been part of government regulation since at least
1887, when the railroads succeeded in gaining partial government
enforcement of their cartels (Hilton 1966; Kolko 1965). Recent the...