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| Author: | Yoo, J.W. (et al.) |
| Title: | Strategic choice and performance in late movers: Influence of the top management team's external ties |
| Journal: | Journal of Management Studies
2009 : MAR, VOL. 46:2, p. 308-335 |
| Index terms: | top management team work strategy computer industry USA |
| Freeterms: | performance |
| Language: | eng |
| Abstract: | This study explores how the strategic choice and performance (hereafter as: s-and-p.) of late movers are influenced by the top management team's external ties, inside and outside the firm's industry (here as: ind). Based on a multiyear sample of firms from the computer ind., it is found among others that intra-ind. trade-association ties of top managers led to the adoption of a resource-imitation strategy by late movers while extra-ind. importation and professional-association ties led to the adoption of a resource-substitution strategy. The findings confirm the importance of the role of fit in s-and-p. and highlight the importance of the management and control of boundary-spanning activities. |
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