• Login
    View Item 
    •   Vlerick Repository Home
    • Research Output
    • Conference Presentations
    • View Item
    •   Vlerick Repository Home
    • Research Output
    • Conference Presentations
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Browse

    All of Vlerick RepositoryCommunities & CollectionsPublication DateAuthorsTitlesSubjectsKnowledge Domain/IndustryThis CollectionPublication DateAuthorsTitlesSubjectsKnowledge Domain/Industry

    My Account

    LoginRegister

    Contact & Info

    ContactVlerick Journal ListOpen AccessVlerick Business School

    Statistics

    Display statistics

    Towards a dynamic theory of corporate strategy: Portfolio dynamism heterogeneity and performance

    • CSV
    • RefMan
    • EndNote
    • BibTex
    • RefWorks
    Publication type
    Conference Proceeding
    Author
    Weiss, Martin
    Koenig, Andreas
    Mammen, Jan
    Junge, Sebastian
    Hungenberg, Harald
    Publication Year
    2014
    Journal
    Academy of Management Annual Meeting Proceedings
    Publication Volume
    2014
    Publication Issue
    1
    
    Metadata
    Show full item record
    Abstract
    We provide a new explanation of corporate-level performance by introducing the concept of portfolio dynamism heterogeneity (PDH)─the cumulative variation across businesses in the industry dynamism represented in a company’s business portfolio. Dynamic capability theory suggests that managerial challenges and appropriate capabilities differ substantially depending on the level of dynamism in a given industry. We argue that it is therefore counterproductive for companies to simultaneously manage businesses from industries that differ strongly with regard to their dynamism; furthermore, these consequences of PDH are likely to be exacerbated to the extent of a corporation’s asset intensity. However, we also propose that companies could eventually (over)compensate for the hazards inherent in PDH if they flexibly adjust their portfolios. We find support for our theory but also counterintuitive results, when testing it on a global sample of 275 companies in the years 2003 to 2010. Our study is the first to combine research on dynamic capabilities and the corporate strategy literature to develop and test comprehensive measures of market dynamics and PDH. We portray PDH as a key concept in corporate strategy and envision possible approaches to managing PDH as first steps towards corporate-level dynamic capabilities and ambidexterity in corporate strategy.
    Keyword
    Corporate Strategy
    Knowledge Domain/Industry
    Strategy
    DOI
    10.5465/ambpp.2014.16577abstract
    URI
    http://hdl.handle.net/20.500.12127/6259
    ae974a485f413a2113503eed53cd6c53
    10.5465/ambpp.2014.16577abstract
    Scopus Count
    Collections
    Conference Presentations

    entitlement

     
    DSpace software (copyright © 2002 - 2022)  DuraSpace
    Quick Guide | Contact Us
    Open Repository is a service operated by 
    Atmire NV
     

    Export search results

    The export option will allow you to export the current search results of the entered query to a file. Different formats are available for download. To export the items, click on the button corresponding with the preferred download format.

    By default, clicking on the export buttons will result in a download of the allowed maximum amount of items.

    To select a subset of the search results, click "Selective Export" button and make a selection of the items you want to export. The amount of items that can be exported at once is similarly restricted as the full export.

    After making a selection, click one of the export format buttons. The amount of items that will be exported is indicated in the bubble next to export format.