{"title":"ceo专业经验与多元化经验对新成长机会追求的互动效应","authors":"Yasemin Y. Kor, Danchi Tan","doi":"10.1177/01492063231200820","DOIUrl":null,"url":null,"abstract":"Prior research has opposing views about the merits of firm-specific managerial experience, and empirical findings are mixed. To address this problem, we ask when firm-specific managerial experience is helpful versus harmful in pursuit of new growth opportunities. We propose that when CEOs’ firm-specific experience is combined with versatile managerial experiences, its growth-constraining effect is alleviated due to increased adaptability of CEOs' human capital to support growth in new business domains. We find support for this argument in a sample of U.S. food firms and their pursuit of the organic food opportunity during 1997 to 2007. We also find that CEOs’ versatile experience by itself is not sufficient for the pursuit of new growth, but it is when the two types of experience are combined synergistically that firms can achieve higher rates of opportunity pursuit. In this vein, our research reconciles the alternative theoretical perspectives on firm-specific experience and invites further consideration of experience combinations where both positive and negative synergies drive the ultimate impact of key managerial experiences.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":null,"pages":null},"PeriodicalIF":9.3000,"publicationDate":"2023-10-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Interactive Effects of CEOs’ Firm-Specific Experience and Versatile Experiences on Pursuit of New Growth Opportunity\",\"authors\":\"Yasemin Y. Kor, Danchi Tan\",\"doi\":\"10.1177/01492063231200820\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Prior research has opposing views about the merits of firm-specific managerial experience, and empirical findings are mixed. To address this problem, we ask when firm-specific managerial experience is helpful versus harmful in pursuit of new growth opportunities. We propose that when CEOs’ firm-specific experience is combined with versatile managerial experiences, its growth-constraining effect is alleviated due to increased adaptability of CEOs' human capital to support growth in new business domains. We find support for this argument in a sample of U.S. food firms and their pursuit of the organic food opportunity during 1997 to 2007. We also find that CEOs’ versatile experience by itself is not sufficient for the pursuit of new growth, but it is when the two types of experience are combined synergistically that firms can achieve higher rates of opportunity pursuit. In this vein, our research reconciles the alternative theoretical perspectives on firm-specific experience and invites further consideration of experience combinations where both positive and negative synergies drive the ultimate impact of key managerial experiences.\",\"PeriodicalId\":54212,\"journal\":{\"name\":\"Journal of Management\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":9.3000,\"publicationDate\":\"2023-10-08\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Management\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1177/01492063231200820\",\"RegionNum\":1,\"RegionCategory\":\"管理学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1177/01492063231200820","RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}
Interactive Effects of CEOs’ Firm-Specific Experience and Versatile Experiences on Pursuit of New Growth Opportunity
Prior research has opposing views about the merits of firm-specific managerial experience, and empirical findings are mixed. To address this problem, we ask when firm-specific managerial experience is helpful versus harmful in pursuit of new growth opportunities. We propose that when CEOs’ firm-specific experience is combined with versatile managerial experiences, its growth-constraining effect is alleviated due to increased adaptability of CEOs' human capital to support growth in new business domains. We find support for this argument in a sample of U.S. food firms and their pursuit of the organic food opportunity during 1997 to 2007. We also find that CEOs’ versatile experience by itself is not sufficient for the pursuit of new growth, but it is when the two types of experience are combined synergistically that firms can achieve higher rates of opportunity pursuit. In this vein, our research reconciles the alternative theoretical perspectives on firm-specific experience and invites further consideration of experience combinations where both positive and negative synergies drive the ultimate impact of key managerial experiences.
期刊介绍:
The Journal of Management (JOM) aims to publish rigorous empirical and theoretical research articles that significantly contribute to the field of management. It is particularly interested in papers that have a strong impact on the overall management discipline. JOM also encourages the submission of novel ideas and fresh perspectives on existing research.
The journal covers a wide range of areas, including business strategy and policy, organizational behavior, human resource management, organizational theory, entrepreneurship, and research methods. It provides a platform for scholars to present their work on these topics and fosters intellectual discussion and exchange in these areas.