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Strategy Dynamics and the Theory of the Firm: Homage to Richard Rumelt 战略动力学与企业理论:向理查德·鲁梅尔特致敬
International Strategic Management Review Pub Date : 2022-01-01 DOI: 10.1561/111.00000044
D. Teece
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引用次数: 0
In Praise of Fractionated Trading Zones: Respectful Partnerships in Management Innovation 赞扬分割贸易区:管理创新中的尊重伙伴关系
International Strategic Management Review Pub Date : 2022-01-01 DOI: 10.1561/111.00000041
K. Pandza, R. Whittington, Julia Hautz
{"title":"In Praise of Fractionated Trading Zones: Respectful Partnerships in Management Innovation","authors":"K. Pandza, R. Whittington, Julia Hautz","doi":"10.1561/111.00000041","DOIUrl":"https://doi.org/10.1561/111.00000041","url":null,"abstract":"We address the contemporary challenge of increasing the rate of management innovation by asserting the value of ‘fractionated trading zones’. By contrast with the homogenization of academia, business and consulting proposed by some scholars concerned for management innovation, fractionated trading zones involve partnerships that are respectful of the distinct characters of the various communities. We demonstrate the potential of such fractionated trading zones by examining the diverse contributors to three management innovations in strategy: portfolio models, value innovation and participative strategizing. Each of these innovations was brought about by respectful partnerships between academia, business and consulting, facilitated by the development of visual or metaphorical boundary objects and the interventions of transcendent interactional experts. We conclude by recommending policies for both academics and practitioners in order to promote the creation of innovative partnerships across the divide.","PeriodicalId":100721,"journal":{"name":"International Strategic Management Review","volume":"97 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83645227","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Issues Revisited from Rumelt's (1974) "Strategy, Structure and Economic Performance" 重新审视鲁梅尔特(1974)的问题“策略、结构与经济绩效”
International Strategic Management Review Pub Date : 2022-01-01 DOI: 10.1561/111.00000043
K. R. Harrigan
{"title":"Issues Revisited from Rumelt's (1974) \"Strategy, Structure and Economic Performance\"","authors":"K. R. Harrigan","doi":"10.1561/111.00000043","DOIUrl":"https://doi.org/10.1561/111.00000043","url":null,"abstract":"Performance expectations are revisited pertaining to particular corporate strategies that were highlighted by Rumelt (1974). In particular, suggestions regarding expectations about conglomerate enterprises, vertical integration, and mature- or declining-demand businesses are offered in light of additional information about research findings and observed industry phenomena that are at odds with information available when Rumelt’s (1974) study of diversification was performed.","PeriodicalId":100721,"journal":{"name":"International Strategic Management Review","volume":"5 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83591335","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Acquisitions, Stakeholder Economies of Scope, and Stakeholder Orientation 收购、利益相关者范围经济和利益相关者导向
International Strategic Management Review Pub Date : 2022-01-01 DOI: 10.1561/111.00000036
D. Bosse, J. Harrison, R. Hoskisson
{"title":"Acquisitions, Stakeholder Economies of Scope, and Stakeholder Orientation","authors":"D. Bosse, J. Harrison, R. Hoskisson","doi":"10.1561/111.00000036","DOIUrl":"https://doi.org/10.1561/111.00000036","url":null,"abstract":"","PeriodicalId":100721,"journal":{"name":"International Strategic Management Review","volume":"53 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90752437","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
Introduction to the Special Issue Honoring Richard Rumelt: The Foundations for Understanding Fundamental Issues in Strategy 纪念理查德·鲁梅尔特的特刊导言:理解战略基本问题的基础
International Strategic Management Review Pub Date : 2022-01-01 DOI: 10.1561/111.00000047
David G. Hoopes, Tammy L. Madsen, D. Teece
{"title":"Introduction to the Special Issue Honoring Richard Rumelt: The Foundations for Understanding Fundamental Issues in Strategy","authors":"David G. Hoopes, Tammy L. Madsen, D. Teece","doi":"10.1561/111.00000047","DOIUrl":"https://doi.org/10.1561/111.00000047","url":null,"abstract":"","PeriodicalId":100721,"journal":{"name":"International Strategic Management Review","volume":"14 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88391733","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
On the Matter of How Much Industry Matters 论工业有多重要
International Strategic Management Review Pub Date : 2022-01-01 DOI: 10.1561/111.00000045
Haifeng Wang, R. Coff
{"title":"On the Matter of How Much Industry Matters","authors":"Haifeng Wang, R. Coff","doi":"10.1561/111.00000045","DOIUrl":"https://doi.org/10.1561/111.00000045","url":null,"abstract":"","PeriodicalId":100721,"journal":{"name":"International Strategic Management Review","volume":"22 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80846395","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Strategic Transformation and the Problem of Inertia 战略转型与惯性问题
International Strategic Management Review Pub Date : 2022-01-01 DOI: 10.1561/111.00000046
Constance E. Helfat
{"title":"Strategic Transformation and the Problem of Inertia","authors":"Constance E. Helfat","doi":"10.1561/111.00000046","DOIUrl":"https://doi.org/10.1561/111.00000046","url":null,"abstract":"","PeriodicalId":100721,"journal":{"name":"International Strategic Management Review","volume":"330 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82555819","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Unknown Unknowns and the Treatment of Firm-Level Adaptation in Strategic Management Research 未知的未知与战略管理研究中企业层面适应的处理
International Strategic Management Review Pub Date : 2022-01-01 DOI: 10.1561/111.00000035
T. Ehrig, N. Foss
{"title":"Unknown Unknowns and the Treatment of Firm-Level Adaptation in Strategic Management Research","authors":"T. Ehrig, N. Foss","doi":"10.1561/111.00000035","DOIUrl":"https://doi.org/10.1561/111.00000035","url":null,"abstract":"Unknown unknowns,” that is, future contingencies that lack an ex ante description for some decision-makers for whom the contingency is relevant, are fundamental to strategy theory and practice. And yet, most strategy research is founded on the assumption that the future can be described in terms of “known unknowns,” that is, future contingencies that are known in principle (but whether and how they actually occur is unknown). We discuss the importance of unknown unknowns for strategy, focusing specifically on firm-level adaptation. We also discuss why prior literature has failed to address unknown unknowns, and outline key points that should be addressed by a program of research into the nature and role of unknown unknowns in strategy.","PeriodicalId":100721,"journal":{"name":"International Strategic Management Review","volume":"8 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84911762","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 9
Extending the Behavioral Theory of the Firm to Entrepreneurial Firms 将企业行为理论扩展到创业型企业
International Strategic Management Review Pub Date : 2022-01-01 DOI: 10.1561/111.00000038
P. Bromiley, Devaki Rau
{"title":"Extending the Behavioral Theory of the Firm to Entrepreneurial Firms","authors":"P. Bromiley, Devaki Rau","doi":"10.1561/111.00000038","DOIUrl":"https://doi.org/10.1561/111.00000038","url":null,"abstract":"While the Behavioral Theory of the Firm (BTOF) is one of the most popular theories of organizational change in the strategic management literature, the empirical work used to develop the theory used established firms; most empirical tests of the theory do likewise. Over the past decade or so, however, a number of studies have attempted to extend the BTOF to entrepreneurial firms. This paper examines the extent to which the BTOF applies to entrepreneurial firms. We propose that while some constructs and mechanisms specified in the BTOF (such as aspirations, routines, search, and learning) have limited relevance for entrepreneurial firms and need modifications to be relevant, other constructs and mechanisms (such as dominant coalitions and biases) have greater visibility and relevance in entrepreneurial firms than in larger firms. We conclude with a discussion of how we can most fruitfully apply the BTOF to explaining decision making by entrepreneurial firms.","PeriodicalId":100721,"journal":{"name":"International Strategic Management Review","volume":"23 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73871853","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A Dynamic Theory of the Strategic Firm 战略企业的动态理论
International Strategic Management Review Pub Date : 2022-01-01 DOI: 10.1561/111.00000049
David G. Hoopes, Tammy L. Madsen
{"title":"A Dynamic Theory of the Strategic Firm","authors":"David G. Hoopes, Tammy L. Madsen","doi":"10.1561/111.00000049","DOIUrl":"https://doi.org/10.1561/111.00000049","url":null,"abstract":"What makes a robust strategic theory of the firm? Rumelt’s (1984) “Towards a Strategic Theory of the Firm” explains how variance in performance occurs and endures when decision-makers are boundedly rational and isolating mechanisms slow or prevent equilibration. How and why firms differ is a fundamental issue in strategic management. Ex ante uncertainty leads to heterogeneity. Causal ambiguity and other isolating mechanisms allow heterogeneity to endure. A central prescription is that firms often need to react quickly in spite of the uncertainty. Successful first movers can enjoy a durable advantage. This article expands on the contributions of Rumelt's 1984 article. Since strategy is situational, we begin by setting the ideas in context and illustrating how they challenged the received view. Next, we move onto the crux of the matter -- how these ideas created an agenda for strategy scholarship. We then cover work on isolating mechanisms and identify unexplored opportunities.","PeriodicalId":100721,"journal":{"name":"International Strategic Management Review","volume":"35 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77082194","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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