Edith Penrose Quote

There is no need to deny that other 'objectives' are often important—power, prestige, public approval, or the mere love of the game— it need only be recognized that the attainment of these ends more often than not is associated directly with the ability to make profits.


p. 30 - The Theory of the Growth of the Firm, 1959


There is no need to deny that other 'objectives' are often important—power, prestige, public approval, or the mere love of the game— it need only ...

There is no need to deny that other 'objectives' are often important—power, prestige, public approval, or the mere love of the game— it need only ...

There is no need to deny that other 'objectives' are often important—power, prestige, public approval, or the mere love of the game— it need only ...

There is no need to deny that other 'objectives' are often important—power, prestige, public approval, or the mere love of the game— it need only ...