Australia
Australia
In 1955 Edith and Penrose undertook sabbaticals at the Australian National University in Canberra. Edith and her three sons travelled across the USA by train and sailed from California. She and Fritz Machlup corresponded extensively whilst she was away discussing the draft of her book, The Theory of the Growth of the Firm, particularly the final chapters. In Australia she encountered and began to study the multinational firm or enterprise, writing her first articles on the subject. The family returned to the USA via the Suez Canal and sailed from Southampton to New York so that Edith and her sons had completed a round the world voyage.
Keywords: multinational firm, growth of the firm, Fritz Machlup, Australian National University, Canberra
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