Necessary conditions for the predictive validity of strategic groups: Analysis without reliance on clustering techniques
成果类型:
Article
署名作者:
Wiggins, RR; Ruefli, TW
署名单位:
University of Texas System; University of Texas Austin; University of Texas System; University of Texas Austin
刊物名称:
ACADEMY OF MANAGEMENT JOURNAL
ISSN/ISSBN:
0001-4273
DOI:
10.5465/256847
发表日期:
1995
页码:
1635-1656
关键词:
STATES PHARMACEUTICAL-INDUSTRY
MOBILITY BARRIERS
GROUP MEMBERS
performance
diversification
RISK
profitability
摘要:
To investigate necessary conditions for the predictive Validity of strategic groups, we grouped firms from five industries, previously studied in strategic groups research, longitudinally by performance using a nonparametric technique; the groupings were confirmed with discriminant function analysis. Stability of performance group membership was examined by ordinal time series analysis and found to be lacking, casting doubt on the efficacy of mobility barriers and hence on the predictive validity of strategic groups.