The Management of Resources: Temporal Effects of Different Types of Actions on Performance

被引:44
作者
Bridoux, Flore [1 ]
Smith, Ken G. [2 ]
Grimm, Curtis M. [3 ]
机构
[1] Univ Amsterdam, NL-1018 TV Amsterdam, Netherlands
[2] Univ Rhode Isl, Kingston, RI 02881 USA
[3] Univ Maryland, College Pk, MD 20742 USA
关键词
competitive dynamics; resource management actions; time to performance impact; persistence of impact; total impact over time; COMPETITIVE ADVANTAGE; FIRM PERFORMANCE; CAUSAL AMBIGUITY; VIEW; STRATEGIES; RESPONSES; CONSEQUENCES; ENVIRONMENTS; PERSPECTIVES; INDUCEMENTS;
D O I
10.1177/0149206311426188
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article contributes to the understanding of competitive dynamics and resource management by studying empirically the element of time in the relationship between resource management actions and firm performance. It shows that four types of actions identified on the basis of the literature on competitive dynamics and resource management, namely, actions to structure, bundle, and leverage resources in product and regulatory arenas, differ in the time they take to positively affect firm performance, in the persistence of this positive impact, and in their total impact on performance over time. Better understanding of the temporal dimension of the action-performance relationship is important for theory and practice. On the theory side, time is a dimension of competitive strategy that has long been argued to be important but that is often neglected by researchers. In particular, existing theories in competitive strategy offer very few arguments that can be used to predict the timing of the impact of firm actions on performance. Regarding practice, managers need to know which actions can improve their firm performance in the short, medium, or long term and how sustainable the improvement is likely to be.
引用
收藏
页码:928 / 957
页数:30
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