Revisiting the strategy, structure, and performance paradigm: The case of venture capital

• 成果类型: Article
• 署名作者: Wasserman, Noam
• 署名单位: Harvard University
• 刊物名称: ORGANIZATION SCIENCE
• ISSN/ISSBN: 1047-7039
• DOI: 10.1287/orsc.1070.0309
• 发表日期: 2008
• 页码: 241-259
• 关键词: strategy and structure; professional services firms; venture capital; PERFORMANCE IMPLICATIONS; Organizational structure; knowledge-intensive firms; integrating qualitative and quantitative methods

摘要

The strategy-structure-performance (SSP) paradigm has developed a central role within strategy research. However, recent critiques of the paradigm have called for research that uses more appropriate measures of strategy and structure, inductive methods that enable richer exploration of the paradigm, and extension of the paradigm to the expert-focused organizations that have grown in importance since the paradigm was first developed. This paper answers this call by integrating inductive methods with quantitative analysis of a unique panel data set of 317 professional services firms ( PSFs) to find new measures of strategy and to understand their linkages to organizational structure within such firms. It shows how the core knowledge required for decision making and the coordination challenges in these firms drive their internal structures and that the degree of strategy-structure fit has important performance implications for those firms.