Search results for "strategic management"
showing 10 items of 120 documents
Temporary Competitive Advantage: An Investigation into the Core of the Literature
2016
Evidence of over 350 citations recorded by the articles published in the 2010 special issue on “The Age of Temporary Advantage” of the Strategic Management Journal shows that the inquiry on temporary nature of competitive advantage is an emergent research area in strategic management. They also exhibit that, most likely, it is going to be a significant research area for the coming years. To assess the current status of the literature as well as to fathom the directions and challenges of future research on temporary advantage, we review prior empirical research on temporary advantage so as to offer a conceptual map that provides a comprehensive appreciation of antecedents, processes, and con…
Economic Intelligence: Using Innovation to Reinvent the Business
2020
This paper is about showing how economic intelligence could be a tool for relevant innovation decision support and how its integration within the firm can strengthen its innovation capabilities, protect itself from competitors and ensure an essential competitive edge. Innovation is a difficult concept to identify. It’s a complex process that involves all of the firm’s behaviors. Innovation is a decisive choice and risk-taking. Today, it holds a prominent place in corporate strategy. Innovative firms need information about their environments that are characterized by stiffer competition, resulting in the need to keep abreast of competitors’ movements, vendor characteristics and changing tech…
Searching for new paradigms in a globalized world: Business ethics as a management strategy
2008
The process of globalization is an undeniable reality of today's world. Yet, paradoxically, the cornerstone of this phenomenon, economic performance, varies widely across the world whatever indicator (for example, GDP/habitant, competitiveness) we choose to use to compare countries. Increasingly, studies tend to explain this apparently paradoxical situation with reference to the issue of corruption and ethics. In essence, corruption is perceived to be an important impediment to the economic development of a country (or area). Many studies of corruption are focused at the national level. The aim of this conceptual paper is to explore the role of the firm (as opposed to national states or int…
Forecasting Errors of New Venture Survival
2014
This article studies entrepreneurs' forecast errors around market entry. Using data on nascent entrepreneurs in the U.S. and start-ups in Finland, we find that besides being overoptimistic on average in both countries, entrepreneurs' survival expectations can barely distinguish survival from exits. Moreover, about one fourth of the entrepreneurs do not provide an estimate for the survival of a typical venture. However, among those that do provide it, the estimates are less overoptimistic. We also compare the forecast accuracy of entrepreneurs to those of macroeconomic forecasters. Our findings provide guidance for the development of positive theories of entrepreneurial belief formation and …
The internationalization of family businesses: A review of extant research
2010
Abstract Among family businesses (FBs) internationalization has become a strategy for growth, and sometimes even for survival. This review article presents an analysis conducted on 25 refereed journal articles on FB internationalization. The articles typically portrayed the internationalization of FBs as a sequential process following the Uppsala model of internationalization; by contrast, some FBs were regarded as “born-again” global firms. In methodological terms, most of the articles focused on what-questions rather than why/how-questions. The articles did not make much use of internationalization or FB-specific theories. Our study takes a step towards clarifying the following issues: (i…
Business strategy in new high‐tech ventures: an empirical analysis
1999
The aim of this study is to determine the existence of specific and unique features characterising markets, activities and customers in at least two of the most representative high technology sectors nowadays, the microelectronics/software industry and the biotechnology/biomedical industry. Cross‐Tabs statistical method has been used to analyze the data collected from the sample made up by 18 high‐tech American firms. One of the major findings of this study is that the business strategy will hold better prospects in those high‐tech firms benefiting from a higher technological excellence, having spent longer time in developing and launching their products, being able to keep longer the novel…
Guest Editors' Introduction
2012
(2012). Guest Editors' Introduction. International Studies of Management & Organization: Vol. 42, No. 4, pp. 3-7.
A Complex Adaptive System Framework for Management and Marketing Studies
2015
This theoretical work aims to analyze the choice of strategicmanagement activities, taking into account a complex systems perspective. Following this approach, we represent the firm as a complex adaptive system, in which the management must be able to develop and implement different behaviors in order to dynamically ensure the viability of the firm or system. This implies that the management governing the firm or system is capable of choosing, from among a number of heterogeneous entities, the relevant stakeholders within the competitive context and of creating and maintaining significant relationships with them, which are considered to be relevant in a turbulent environment. As an expressi…
Benchmarking in Romanian industrial environment
2017
Benchmarking is a managerial tool that can assist the organizational change and the innovation. The paper aims to discover the degree in which Romanian managers in various industrial fields use this modern tool in the improvement of business strategy or organizational processes. In this context, we presented some results of a selective research made in Romanian industrial environment. The respondents were experts in creativity management and benchmarking, acting in big, medium or small enterprises. They offered many solutions for increase the rate of use of benchmarking and creativity couple in the management of Romanian organizations.
Developments Around the Activity-Based Costing Method: A State-of-the Art Literature Review
2007
This paper analyzes the management accounting applications which try to improve the Activity-based Costing method. In the first part, we describe them using the Strategic Management Accounting stream. Then, we present the main features of these applications. In the second part, we examine in detail two of these features: The widening of the analysis perimeter and the relevant level of details to analyze the costs. Finally, we analyze several proposals: Customer-driven ABC, Inter-organizational Cost Management, Resource Consumption Accounting and Time-driven ABC.