Quote of the day
In the past the man has been first; in the future the system must be first. This in no sense, however, implies that great men are not needed. On the contrary, the first object of any good system must be that of developing first-class men
Edith Penrose

Born: November 15, 1914
Died: October 21, 1996 (aged 81)
Bio: Edith Elura Tilton Penrose was an American-born British economist whose best known work is The Theory of the Growth of the Firm, which describes the ways which firms grow and how fast they do.
Known for:
- The theory of the growth of the firm (1959)
- The Large International Firm (RLE International Business) (1976)
- The growth of firms (1971)