TITLE

The Institution-Based View as a Third Leg for a Strategy Tripod

AUTHOR(S)
Peng, Mike W.; Sunny Li Sun; Pinkham, Brian; Hao Chen
PUB. DATE
August 2009
SOURCE
Academy of Management Perspectives;Aug2009, Vol. 23 Issue 3, p63
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article identifies the emergence of the institution-based view as a third leading perspective in strategic management (the first two being the industry-based and resource-based views). We (a) review the roots of the institution-based view, (b) articulate its two core propositions, and (c) outline how this view contributes to the four fundamental questions in strategy. Overall, we suggest that the institution-based view represents the third leg of a strategy tripod, overcomes the long-standing criticisms of the industry-based and resource-based views' lack of attention to contexts, and contributes significant new insights as part of the broader intellectual movement centered on new institutionalism.
ACCESSION #
43479264

 

Related Articles

  • STRATEGIC CONTROL IN THREE EUROPEAN COUNTRIES: A NEW TASK FOR TOP MANAGEMENT . Horovitz, Jacques H. // International Studies of Management & Organization;Winter78/79, Vol. 8 Issue 4, p96 

    The article focuses on strategic business planning. In the last decade, efforts and emphasis have been put on long-range and strategic planning at top managerial levels; but companies have increasingly doubted the effectiveness of such planning activities. Such doubts stem partly from the...

  • DETERMINING THE VALUE OF KNOWLEDGE MANAGEMENT. Kruger, C. J.; Snyman, M. M. M. // Mousaion;2005, Vol. 23 Issue 2, p165 

    'In order to excel in strategy formulation, businesses should as a point of departure determine how the competitive environment of the organisation could change in future and how the organisation, through knowledgeable reasoning, could transform competitive forces in order to create a favourable...

  • The Logics of Management. Cummings, L. L. // Academy of Management Review;Oct83, Vol. 8 Issue 4, p532 

    This paper defines and articulates two contrasting logics underlying the intellectual structure of management. The implications of these logics for the development of management knowledge and for managing are presented. Integration of the logics yields a prescriptive framework aimed at defining...

  • Institutional Approaches in Strategic Management. Steidlmeier, Paul // Journal of Economic Issues (Association for Evolutionary Economi;Mar93, Vol. 27 Issue 1, p189 

    The article focuses on institutional approaches in strategic management. Management institutionalism was born of necessity. Since the late 1960s, American business has been losing its worldwide preeminence in many sectors to the Japanese, to the 'four tigers" (Taiwan, South Korea, Hong Kong, and...

  • Evaluating and Improving Argument-Centered Works in Marketing. Skipper, Robert; Hyman, Michael R. // Journal of Marketing;Oct87, Vol. 51 Issue 4, p60 

    Marketers have yet to adopt a standard repertoire of techniques with which they can critically evaluate argument-centered works. Certain analytical techniques of the logician are proposed for evaluating such works. The authors provide an example to illustrate the use and value of these techniques.

  • Competitive Cost Dynamics: The Experience Curve. Hax, Arnoldo C.; Majluf, Nicolas S. // Interfaces;Oct82, Vol. 12 Issue 5, p50 

    This is the first of three articles about some popular tools that have been widely used since the early 1970's to support strategic decision-making. The article below deals with the experience curve; subsequent articles will deal with the growth-share matrix and the industry...

  • Business strategy, marketing organization culture, and performance. Slater, Stanley; Olson, Eric; Finnegan, Carol // Marketing Letters;Sep2011, Vol. 22 Issue 3, p227 

    Drawing on configuration theory, we develop and test a model which posits that overall firm performance will be influenced by how well the marketing organization's cultural orientation (i.e., market, adhocracy, hierarchy, or clan) complements alternative business strategies (i.e., Prospector,...

  • FEATURES OF CONSTRUCTION OF STRATEGIC MANAGEMENT AT THE DOMESTIC ENTERPRISES. SHATSKAYA, Z. Y. // Bulletin of KNUTD;2014, Vol. 78 Issue 4, p42 

    The aim of the article is to study the basic theoretical models of strategic management, the definition of certain features of the model and the choice of building a system of strategic management at the domestic enterprises. The study of theoretical models of strategic management and the...

  • Aligning goals and services through goal and business modelling. Andersson, Birger; Johannesson, Paul; Zdravkovic, Jelena // Information Systems & e-Business Management;Mar2009, Vol. 7 Issue 2, p143 

    E-services are used as the cornerstones for modelling interaction points of cooperating IT systems, within and between enterprises. So far, research and development of e-services have mainly focused on an operational perspective, such as the development of standards for message exchanges and...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics