Background
Edith Tilton Penrose was born on November 29, 1914 in Los Angeles, California, United States. Daughter of George Albert and Hazel Dean (Sparling) Tilton.
Edith Tilton Penrose was born on November 29, 1914 in Los Angeles, California, United States. Daughter of George Albert and Hazel Dean (Sparling) Tilton.
Tilton received from the University of California, Berkeley, her Bachelor of Arts in 1936. Then she took her Master of Arts in 1950 and Doctor of Philosophy in 1951 from Johns Hopkins University. In 1984 Penrose received an honorary doctorate from the Faculty of Social Sciences at Uppsala University, Sweden.
Penrose accepted a research associate position with the International Labour Organization in Geneva, Switzerland in 1939. In 1941 she left Switzerland to work for the U.S. Embassy in London, United Kingdom, as an auxiliary foreign service officer, a post she held until 1946. Then Edith Penrose was lecturer and research associate for Johns Hopkins University from 1951 to 1960.
Her first book "Economics of the International Patent System" was published in 1951. Meanwhile, in 1955 she left for Australia’s National University in Canberra and eventually taught at the University of Baghdad in Iraq from 1957 to 1959.
Besides, Penrose was a reader at London School of Economics and S.O.A.S., London, between 1960 and 1964 and professor of economics at S.O.A.S. in 1964-1978.
She retired from S.O.A.S. and took up a position as professor of political economy at INSEAD in Fontainebleau, France. In 1984 she retired from INSEAD and moved back to the United Kingdom, settling at Waterbeach, Cambridgeshire.
Penrose was the recipient of the Newcomen award for business history from Harvard Business Review in 1961, the award in energy economics from the International Association Energy Economists in 1987. She was also involved in a number of academic and public bodies including the Monopolies Commission and was elected a fellow of the Royal Commonwealth Society in 1985.
Penrose was also honorary senior fellow in managerial economics of the University of Bradford, United Kingdom from 1989 to 1992.
Edith Penrose was a member of the United Kingdom Sainsbury Committee on Pharmaceutical Industry, London, from 1965 to 1967. She was also committee chairman of Social Science Research Council, London, from 1970 to 1976. Between 1975 and 1977 she was a member of the board of directors of Commonwealth Development Corporation, London.
Besides, Penrose was a member of the American Economics Association, Royal Economic Society (United Kingdom, member council in 1975-1978), Oxford Energy Club (vice president since 1976), Royal Commonwealth Society, Overseas Development Institute (member council between 1975 and 1989), Geopolitics and International Boundaries Research Center, SOAS, University London, and a member of clinical trials ethical committee of the Royal College General Practitioners (since 1986).
United Kingdom Sainsbury Committee on Pharmaceutical Industry , United Kingdom
1965 - 1967
Social Science Research Council , United Kingdom
1970 - 1976
Commonwealth Development Corporation , United Kingdom
1975 - 1977
Royal Economic Society , United Kingdom
1975 - 1978
Oxford Energy Club , United Kingdom
1976
Overseas Development Institute , United Kingdom
1975 - 1989
Royal College General Practitioners , United Kingdom
1986
She married David Burton Denhardt in 1934, but he died in 1938. Penrose had a child, David Tilton. Later, she married Ernest Francis Penrose on October 27, 1944. The couple had 2 children: Perran, Trevear Tilton.