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作者：Dooley, RS; Fowler, DM; Miller, A
作者单位：University of Tennessee System; University of Tennessee Knoxville
摘要：Past research on the relationship between strategic variety and industry profitability has argued for either high homogeneity or high heterogeneity. In this paper, we review the literature on strategic variety and use it to develop hypotheses suggesting that the relationship between strategic variety and average industry profits is curvilinear. Based on our analysis of 61 industries, we find empirical support for our hypotheses, suggesting that very high levels of heterogeneity or homogeneity ...
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作者：Kochhar, R
摘要：The study of capital structure has increasingly gained importance in strategic management research. Paradigms derived from organizational economics have also gained popularity in explaining firm actions. Agency theory and transaction cost economics represent two such paradigms that rely on the notion of market imperfections. Notwithstanding the similarities between them, these two offer different explanations of the role of debt and equity in a firm. The governance abilities of the financing s...
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作者：Miller, D
作者单位：Columbia University
摘要：My 1986 article in SMJ represented an early attempt to apply the approach of configuration to the field of strategy. Now, 10 years later, we still have far to go. What is often lacking from the configurational literature is the search for configuration itself: for complex systems of interdependency and their core orchestrating themes. In this note I address the two major approaches to configuration: conceptually derived typologies and empirically based taxonomies. Some shortcomings of this wor...
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作者：Spender, JC
摘要：Knowledge is too problematic a concept to make the task of building a dynamic knowledge-based theory of the firm easy. We must also distinguish the theory from the resource-based and evolutionary views. The paper begins with a multitype epistemology which admits both the pre- and subconscious modes of human knowing and, reframing the concept of the cognizing individual, the collective knowledge of social groups. While both Nelson and Winter, and Nonaka and Takeuchi, successfully sketch theorie...
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作者：Goodstein, J; Boeker, W; Stephan, J
作者单位：Columbia University; State University of New York (SUNY) System; University at Buffalo, SUNY
摘要：In this research we consider the interrelationships between professional interests and strategic flexibility. We specifically consider how the relative power of professional and managerial interests facilitate or constrain organizational contracting with external suppliers and providers. We explore these issues by focusing on hospitals competing in the health care industry during a period of heightened competitive and regulatory change. Our findings suggest that professional interests signific...
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作者：Bierly, P; Chakrabarti, A
作者单位：New Jersey Institute of Technology
摘要：The purpose of this study is to identify groups of firms with similar generic knowledge strategies, determine how these strategies change over time, and compare profit margins of the groups. Knowledge strategies of 21 U.S. pharmaceutical firms are analyzed from 1977 to 1991. Cluster analysis is used to group firms over different time periods based on: (a) balance between internal and external learning, (b) preference for radical or incremental learning, (c) learning speed, and (d) breadth of k...
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作者：Carroll, GR; Bigelow, LS; Seidel, MDL; Tsai, LB
摘要：Do laterally diversifying firms outlast new startups? Or does organizational inertia give the advantage to startups? We explore these questions here using the experiences of American automobile manufacturers from 1885 through 1981. We advance and test an integrative model that allows the organizational effects of entry mode to vary across the firm's life cycle. We also compare the life chances of laterally diversifying firms by industry of origin, including especially bicycle, carriage and eng...
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作者：Thomas, LA
摘要：Large sunk investments in advertising allow managers to credibly preempt potential entrants by introducing new products prior to anticipated increases in marker growth. Previous investment in advertising can lower a firm's cost to introduce new products allowing it to credibly preempt potential entrants. Entrants may not have enough residual share to find it profitable to enter later, and incumbents find it profitable to keep new products in the marker even if entrants choose to enter. I prese...
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作者：Banker, RD; Chang, HH; Majumdar, SK
作者单位：University of Michigan System; University of Michigan; National Chengchi University
摘要：In this paper we present a framework for analyzing changes in strategic performance. Traditional measures for comparing the strategic performance across firms or over time have been return on investment (ROI) and its component ratio, return on sales (ROS). We decompose the ROS ratio into four separate ratios that capture the impact of changes in a firm's productivity, price recovery, product mix and capacity utilization on its profitability. These ratios help to highlight the micro sources of ...
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作者：Brush, TH
摘要：The 1980s acquisitions are widely believed to have unwound the conglomerate boom of the 1960s through horizontal mergers, yet alternative forms of unwinding have not been examined. This study tests the explanation that changes in the opportunity to share resources and activities among businesses of the firm may have contributed to post-acquisition performance improvements in the recent acquisition wave. After estimating the sources of competitive performance that are due to these changes withi...
