This study addresses an apparent disconnect between two views of strategic action: the
'economic view,'which contends that industry structure is the primary influence on strategic …

This paper analyses 26 years of strategic management research published in Academy of
Management Journal, Academy of Management Review, Administrative Science Quarterly …

A growing body of research shows that family firms are different from other organizations in
significant ways. In this paper we review this literature by examining how family firms differ …

While theory suggests that management has discretion in manipulating resources in order to
build competitive advantage, resource‐based research has focused on the characteristics of …

Theory suggests and results show that firm performance is initially positive but eventually
levels off and becomes negative as international diversification increases. Product …

The appropriate resources are necessary but insufficient to achieve a competitive
advantage. Resources must also be managed effectively. Herein, we develop a resource …

Employing a sample of 180 entrepreneurial high‐technology ventures based in the United
Kingdom, we examine the effects of social capital in key customer relationships on …

Entrepreneurship involves identifying and exploiting entrepreneurial opportunities.
However, to create the most value entrepreneurial firms also need to act strategically. This …

The development of the field of strategic management within the last two decades has been
dramatic. While its roots have been in a more applied area, often referred to as business …

Achieving strategic competitiveness is difficult in today's turbulent and complex market
place. These difficulties are compounded when firms do not have a clear understanding of …