Edith Penrose's Legacy: Shaping Economics, Management and Political Economy (2025)
Book
Michie, J., & Oughton, C. (Eds.). (2025). Edith Penrose's Legacy: Shaping Economics, Management and Political Economy. Routledge. https://doi.org/10.4324/9781003587132

Edith Penrose is best known for The Theory of the Growth of the Firm, originally published in 1959, but she made major contributions in other fields, including patents, the oil industry, and development economics. This book explores her work and lega... Read More about Edith Penrose's Legacy: Shaping Economics, Management and Political Economy.

Joan Robinson: Early Endogenous Growth Theorist (2023)
Journal Article
Oughton, C., & Tobin, D. (2023). Joan Robinson: Early Endogenous Growth Theorist. Cambridge Journal of Economics, 47(5), 943-964. https://doi.org/10.1093/cje/bead032

We start from Robinson’s article on Harrod’s Dynamic Economics and her criticism that technological change was exogenous: ‘in Mr. Harrod’s world, technical progress falls like the gentle dew from heaven and is not susceptible to any economic influenc... Read More about Joan Robinson: Early Endogenous Growth Theorist.

Resolving the patents paradox in the era of COVID19 and climate change: Towards a patents taxonomy (2023)
Journal Article
Bustamante, J., Oughton, C., Pesque-Cela, V., & Tobin, D. (in press). Resolving the patents paradox in the era of COVID19 and climate change: Towards a patents taxonomy. Research Policy: Policy, management and economic studies of science, technology and innovation, 52(9), Article 104850. https://doi.org/10.1016/j.respol.2023.104850

This paper revisits the patents debate and considers the role of intellectual property rights and their impact on society in the context of inventions designed to protect global common pool resources (CPRs) such as public health and the environment.... Read More about Resolving the patents paradox in the era of COVID19 and climate change: Towards a patents taxonomy.