HOW DO FIRMS ADAPT? A FUZZY-SET ANALYSIS OF THE ROLE OF COGNITION AND CAPABILITIES IN US DEFENSE FIRMS' RESPONSES TO 9/11

成果类型:
Article
署名作者:
Vergne, Jean-Philippe; Depeyre, Colette
署名单位:
Western University (University of Western Ontario); Universite PSL; Universite Paris-Dauphine; Universite PSL
刊物名称:
ACADEMY OF MANAGEMENT JOURNAL
ISSN/ISSBN:
0001-4273
DOI:
10.5465/amj.2013.1222
发表日期:
2016
页码:
1653-1680
关键词:
RESOURCE-BASED VIEW DYNAMIC MANAGERIAL CAPABILITIES ORGANIZATIONAL ADAPTATION STRATEGIC ACTION management EVOLUTION industry path accumulation PERSPECTIVE
摘要:
How do firms adapt? In recent years, this old question has attracted new answers albeit partial ones. On the one hand, cognition researchers have emphasized managerial attention to environmental change as a key driver of adaptation. On the other hand, dynamic capabilities scholars have underscored the role of asset reconfigurations implemented amid shifting environments. However, the explanatory powers of the two perspectives have not yet been assessed comparatively. This mixed methods study uses fuzzy-set analyses of defense firms' responses to 9/11 to model the two perspectives as potentially competing or complementary, while our findings suggest that neither dynamic capabilities nor superior cognition must be present for firms to adapt. Instead, we identify four types of adapters (anticipative, responsive, opportunistic, and decisive), as well as the possibility of strategic non-adaptation. These results lead us to reassess the cognition and capabilities literatures and to outline a new, integrative framework to explain adaptation.