search query: @author Kraatz, M. S. / total: 4
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| Author: | Kraatz, M. S. Zajac, E. J. |
| Title: | How Organizational Resources Affect Strategic Change and Performance in Turbulent Environments: Theory and Evidence |
| Journal: | Organization Science
2001 : SEP-OCT, VOL. 12:5, p. 632-657 |
| Index terms: | ORGANIZATION STRATEGIC MANAGEMENT CHANGE ENVIRONMENT |
| Language: | eng |
| Abstract: | This study examines how historical resource endowments and competencies affect strategic change and its outcomes arnid environmental turbulence. Drawing from both behavioral and economics-based literatures, the authors develop four distinct perspectives regarding the likely effect of resources on strategic change. These four perspectives offer alternative predictions about how and why resource endowments should affect the likelihood or magnitude of strategic change, and how and why they should moderate the relation between strategic change and performance. The authors examine the predictive power of these four alternative arguments using extensive longitudinal data from a single industry context characterized both by substantial resource heterogeneity and environmental turbulence. |
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