Corporate strategy and the concept of market failure
探讨市场失灵概念与公司战略分类的关系，说明特定市场失灵如何催生特定类型企业，并引用Rumelt的实证研究支持论点，对研究企业成长和战略管理的学者有参考价值。
Abstract Market failure concepts together with a corporate strategy taxonomy have important implications for the direction of growth of firms and their possible success. This paper discusses the relationship between these concepts and shows how specific types of market failure give rise to specific classes of firms. Arguments are presented why specific types of firms will be more or less successful than others. Empirical research by Rumelt is then cited which supports the themes developed in the paper.