search query: @author Williamson, P. / total: 15
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| Author: | Markides, C. Williamson, P. |
| Title: | Corporate diversification and organizational structure: a resource-based view |
| Journal: | Academy of Management Journal
1996 : APR, VOL. 39:2, p. 340-367 |
| Index terms: | MANAGEMENT ORGANIZATIONAL STRUCTURE COMPANIES |
| Language: | eng |
| Abstract: | The authors argue that related diversification enhances performance only when it allows a business to obtain preferential access to strategic assets - those that are valuable, rare, imperfectly tradeable, and costly to imitate. As the advantage this access affords will decay as a result of asset erosion and imitation by single-business rivals, in the long run only competences that enable a firm to build new strategic assets more quickly and efficiently than competitors will allow it to sustain supernormal profits. |
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