What Determines the Scope of the Firm Over Time? A Focus on Institutional Relatedness
Abstract
“What determines the scope of the firm?” is one of the most fundamental questions in strategic management. We argue that, in addition to product relatedness, a focus on institutional relatedness—defined as an organization's informal linkages with dominant institutions that confer resources and legitimacy—helps answer this question. We address this question both longitudinally (firms in developed and emerging economies over time) and...
Paper Details
Title
What Determines the Scope of the Firm Over Time? A Focus on Institutional Relatedness
Published Date
Jul 1, 2005
Journal
Volume
30
Issue
3
Pages
622 - 633
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