Extending the firm vs. industry debate: Does industry life cycle stage matter?

被引：77

作者：

Karniouchina, Ekaterina V. ^{[1
,2
]}

Carson, Stephen J. ^{[3
]}

Short, Jeremy C. ^{[4
]}

Ketchen, David J., Jr. ^{[5
]}

机构：

[1] Mills Coll, Lorry I Lokey Grad Sch Business, Oakland, CA 94613 USA

[2] Chapman Univ, Argyros Sch Business & Econ, Orange, CA 92866 USA

[3] Univ Utah, David Eccles Sch Business, Salt Lake City, UT USA

[4] Univ Oklahoma, Michael F Price Coll Business, Norman, OK 73019 USA

[5] Auburn Univ, Coll Business, Auburn, AL 36849 USA

来源：

STRATEGIC MANAGEMENT JOURNAL | 2013年 / 34卷 / 08期

关键词：

industry life cycle; business-unit; corporate parent; and industry effects; variance decomposition; hierarchical linear modeling; STRATEGIC MANAGEMENT; PERFORMANCE; PROFITABILITY; INNOVATION; SURVIVAL; MODELS; TIME;

D O I：

10.1002/smj.2042

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

A series of Strategic Management Journal studies have debated the extent to which business-unit, corporate parent, and industry effects explain variance in firm performance. Despite evidence that the industry life cycle impacts competition and performance, the life cycle concept has yet to be incorporated into the firm vs. industry debate. Building on ideas from systems theory, we use longitudinal data from 1,957 firms in 49 industries to examine the relative importance of business-unit, corporate parent, and industry effects during the growth, maturity, and decline stages of the industry life cycle. We find that corporate parent and industry effects increase as industries move through the life cycle while business-unit effects decrease between maturity and decline. Thus, the life cycle concept should be incorporated within the firm vs. industry debate. Copyright (c) 2013 John Wiley & Sons, Ltd

引用

页码：1010 / 1018

页数：9

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