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Strategic Management
Strategic Management
State of the Field and Its Future
Editors
Irene M. Duhaime
Michael A. Hitt
Marjorie A. Lyles
1
3
Oxford University Press is a department of the University of Oxford. It furthers
the University’s objective of excellence in research, scholarship, and education
by publishing worldwide. Oxford is a registered trade mark of Oxford University
Press in the UK and certain other countries.
DOI: 10.1093/oso/9780190090883.001.0001
1 3 5 7 9 8 6 4 2
Paperback printed by LSC Communications, United States of America
Hardback printed by Bridgeport National Bindery, Inc., United States of America
To Walter for your constant love and support. To my wonderful family, lifelong
friends, and outstanding colleagues in the field of strategic management. To my
doctoral faculty and fellow graduate students at the University of Pittsburgh,
especially John H. Grant, for providing a learning environment both challenging
and nurturing for the start of an academic career.
I.M.D.
List of Contributors xi
Editor Bios xv
Introduction 1
Irene M. Duhaime, Michael A. Hitt, and Marjorie A. Lyles
Garg, Sam The Hong Kong University of Science and Technology, Hong Kong
In 1977, a conference titled “Business Policy and Planning Research: The State-of-
the-Art” was held at and hosted by the University of Pittsburgh, followed in 1979 by
the publication of Schendel and Hofer’s edited book, Strategic Management: A New
View of Business Policy and Planning. That conference and the publication of the asso-
ciated Schendel-Hofer book are widely viewed as landmark events that were turning
points from what was referred to as “Business Policy and Planning,” largely viewed in
academia as a teaching field and area of management practice (Whittington, 2019), to
the research-based discipline of Strategic Management we know today.
The Schendel-Hofer book, published by Little, Brown and Company, captured the
field of Strategic Management as it existed in 1979, spanning the major areas envi-
sioned as the scope of “Strategic Management.” With primary contributions and
commentaries enriched by the discussions and debates of the nearly 100 academics,
business executives and consultants attending the conference, the book addressed
what were then seen as the major issues encompassed by strategic management, and
how research on those issues could develop the field as a scholarly discipline as well
as enhance teaching in the field. It laid out a fairly comprehensive and well-organized
representation of what was then known in the field and the major debates on the is-
sues in the field. It concluded with an extensive set of research questions on each of
those areas, providing a rich research agenda for then-current and future researchers
in the fledgling field of Strategic Management.
Following the conference and book publication, a number of developments led to
a flourishing field. The founding in 1980–1981 of the Strategic Management Journal
(SMJ) and the Strategic Management Society (SMS), both through the efforts of Dan
Schendel, provided strategic management researchers opportunities for presentation,
discussion, and broad dissemination of their research. These in turn led to the rapid
growth in numbers of doctoral programs in strategic management, faculty positions
devoted to the discipline, and theoretical and empirical research to advance the field.
The Schendel-Hofer book had significant impact on the development of the field of
Strategic Management because it was widely used in doctoral seminars, influencing
the research agendas of generations of strategic management scholars. The high im-
pact of that edited book was attributable in large part to (1) the breadth of the book’s
coverage of the field as it was known at that time, and (2) the reputations, visibility,
and quality of the editors and of the scholars who authored the sections and subsec-
tions of the book.
2 Introduction
Over the last four decades, strategic management research has advanced signif-
icantly in a number of important areas, resulting in a field that is richer and more
developed but is also more fine-grained in its focus. At the same time, the growing
breadth of the field and the increasingly specialized nature of research can result in
fragmentation, thus slowing the progress of critically important research contribu-
tions by limiting intradisciplinary research conversations and the identification of ex-
citing and promising research directions.
After many years of development, there is a need to reassess the field of Strategic
Management: to examine the current state of the field and to consider its future. As
such, the need also arises to define the content and boundaries of the field. There are
limited alternatives for obtaining a comprehensive overview of the field as it exists
today and to identify promising directions for the field’s further development. This
volume assesses progress of the field, the content and boundaries of the field after
more than 40 years of research, and the areas with the most promise for fruitful re-
search to advance our knowledge in the future. Our purpose is to help scholars in
the field, new and more established, by integrating the significant knowledge that has
been created and by providing a base for research in the Strategic Management field
over the coming decades.
In this book we address the major streams of research and major research
approaches that have helped to develop the field to its current state. But perhaps the
book’s highest potential value is the extensive and insightful discussion of promising
future opportunities and research agendas. Many chapter authors have devoted nearly
half of their space to the discussion of promising pathways for future research, and
have identified numerous research questions that, when addressed, will add signifi-
cant value to research knowledge and to the strategic management of firms. We be-
lieve that the discussion of historical roots and the analysis of the field’s development
to its current state will be important resources for doctoral students and for young
scholars whose careers began in recent decades without benefit of an up-to-date re-
source like this book, and that the extensive discussion of future research opportuni-
ties will benefit all. Another extremely helpful aspect of the book is that the chapters
have extensive reference lists that can help the readers find the major past writings on
the topics. In its examination of the future of strategic management, the book offers
the perspectives of scholars who are widely regarded as leaders in the field. We hope
that readers will be assisted in theory building and in identification and pursuit of
new areas of exploration.
The book has 11 Parts, along with this introductory chapter by the editors. Each
of the book’s Parts covers a major topic area and is led by one or more prominent
scholars whose research is specialized in the area on which the Part focuses. Those
scholars have provided lead chapters on the primary research focus for their Parts
of the book. In those lead chapters, the authors present an overview of that research
(Part), including major theoretical perspectives present in the work to date, and com-
mentary on the future of research in that area, identifying new directions as well as
exciting interdisciplinary opportunities. Each Part also includes chapters on more
Introduction 3
focused topics, representing some of the major streams of research related to the pri-
mary foci in that Part. The chapters are authored by a mix of well-established scholars
and scholars who are rising stars whose work is already well known and respected in
their area.
The model for this book has been designed to consider the current breadth and
depth of the field, both significantly greater than when the Schendel-Hofer book was
published in 1979. In 1979, the research agenda being outlined and research ques-
tions suggested had the objective of defining Strategic Management as a research
discipline and establishing its structure as a field. By contrast, this book examines
theoretical perspectives and research methods for a field of far greater breadth and
depth, with the challenge of assessing what possible avenues are likely most prom-
ising for research efforts in the coming decades. We believe that the works contrib-
uted by leading scholars can provide a blueprint for the future, offering significant
value for readers seeking to make meaningful and valuable contributions to stra-
tegic management research and to have important and positive impacts on the field.
By provoking creative thinking about productive future research agendas, these
chapters are thus likely to have a major impact on the scholarly field of Strategic
Management.
In Part 1, the book begins with an examination of the major theoretical streams
and research methods used in strategic management research. In their lead chapter,
Hoskisson and Harrison emphasize the importance of conversation in strategic
management—especially across disciplines, because the field draws on multiple
disciplines. They argue that such interaction has advanced research in the field by
moving from the broader “swings of the pendulum” between an internal firm focus
and a focus on the external environment of the firm observed a few decades ago
(Hoskisson et al., 1999) to narrower swings of the pendulum by applying external
perspectives to internal questions, and vice versa. They argue that research inte-
grating multiple theoretical perspectives (i.e., at the middle of the pendulum) is most
promising for strategic problem solving and to advance knowledge in the field. Their
overview is followed by two chapters presenting the evolution of major theoretical
perspectives and future theoretical foci in strategic management research and two
chapters addressing a variety of important research methods (quantitative and qual-
itative) that have been used in strategy research and/or are promising for future re-
search development.
In his chapter on organizational perspectives, Greve discusses institutional theory,
network theory, learning theory, and resource dependence theory in relation to
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empty stomach, reading the bills posted up, to while away the
time. Plats à barbe, ears, “wattles, lugs, hearing cheats.”
Le nez s’appelle un “piton;” la bouche, un “four;” l’oreille un “plat à barbe;” les
dents des “dominos,” et les yeux des “quinquets.”—Les Locutions Vicieuses.
(Restaurants’) Plat du jour, dish which is got ready specially for
the day, and which consequently is generally the most palatable in
the bill of fare.
Ce que le restaurateur appelle dans son argot un plat du jour, c’est-à-dire un
plat humain, possible, semblable à la nourriture que les hommes mariés trouvent
chez eux.—Th. de Banville, La Cuisinière Poétique.
(Military) Plat, gorget formerly worn by officers.
Platane, m. (familiar), feuille de ——, rank cigar, “cabbage-leaf.”
Plateau, m. (freemasons’), a dish.
Plato. See Filer.
Plâtre, m. See Essuyer. (Printers’) Plâtre, for emplâtre, bad
compositor. (Thieves’) Plâtre, silver; silver coin. Possibly an
allusion to the colour and shape of the face of a watch. Je viens
de dégringolarer un bobinot en plâtre, I have just stolen a silver
watch. Etre au ——, to have money.
Platue, f. (thieves’), a kind of flat cake.
Plein, m. and adj. (popular), avoir son ——, to be intoxicated, “to
be primed;” —— comme un œuf, comme un sac, drunk, “drunk as
Davy’s sow.” See Pompette. Gros —— de soupe, a stout, clumsy
man.
Pleine, adj. (popular), lune, breech, or “Nancy.” See Vasistas.
(Familiar) Faire une —— eau, to dive into a river or the sea from a
boat, and swim about in deep water.
Plette, f. (thieves’), skin, “buff.”
Pleurant, m. (thieves’), onion. From pleurer, to weep. The allusion
is obvious. Du cabot avec des pleurants, a mess of dogfish and
onions.
Pleurer (popular), en filou, to pretend to weep, crocodile fashion.
Faire —— son aveugle, to void urine, “to pump ship.”
Pleut (popular), il ——! ejaculation of refusal; silence! be careful!
The expression is used by printers as a warning to be silent when
the master or a stranger enters the workshop.
Pleuvoir (thieves’), des châsses, to weep, “to nap a bib.” Termed
also “baver des clignots.” (Military) Pleuvoir, to void urine.
Pli, m. (familiar), avoir un —— dans sa rose, to have something that
mars one’s joy or disturbs one’s happiness.
La Martinière avait un “pli dans sa rose” comme il le disait lui-même.—H. France,
A Travers l’Espagne.
Pliant, m. (thieves’), knife, or “chive.” Termed also “vingt-deux,
surin, or lingre.” Jouer du ——, to knife, “to chive.”
Plier (popular), ses chemises, to die. “to snuff it.” See Pipe. Plier
son éventail, to make signals to men in the orchestra stalls.
Plis, m. pl. (popular), des ——, derisive expression of refusal; might
be rendered by, Don’t you wish you may get it? or by the
Americanism, “Yes, in a horn!” See Nèfles.
Plomb, m. (restaurants’), entremets. Probably from plum pudding;
(popular) venereal disease. Laver la tête avec du ——, to shoot
one. Manger du ——, to be shot. Le ——, the throat, or “red lane;”
the mouth. Termed also “l’avaloir, le bécot, la bavarde, la
gargoine, la boîte, l’égout, la babouine, la cassolette, l’entonnoir,
la gaffe, le mouloir, le gaviot.” In the English slang, “mug, potato-
trap, rattler, kisser, maw-dubber, rattle-trap, potato-jaw, muns,
bone-box.” Ferme ton ——, hold your tongue, “put a clapper to
your mug, mum your dubber, or hold your jaw.”
—D’où sort-elle donc celle-là? Elle ferait bien mieux de clouer son bec.
—Celle-là ... celle-là vaut bien Madame de la Queue-Rousse. Ferme ton plomb
toi-même.—H. France, Le Péché de Sœur Cunégonde.
Jeter dans le ——, to swallow.
Qui qu’a soif? qui qui veut boire à la fraîche?
Sur mon dos au soleil ma glace fond.
De crier, ça me fait la gorge rèche.
J’ai le plomb tout en plomb. Buvons mon fond!
Richepin, La Chanson des Gueux.
Birbe camard,
Comme un ord champignon tu plombes.
Richepin.
Poivreur, m. (thieves’), one who pays; one who “shells out the
shiners.”
Poivrier, m. (popular and thieves’), drunkard. See Poivrot. Faire le
——, barboter le ——, to rob a drunkard.
A nous trois, nous avons barboté pas mal de poivriers.—Le Petit Journal.
Poivrier, spirit shop; thief who robs drunkards, a “bug-hunter.”
Poivrière, f. (popular), woman suffering from a venereal disease.
Vol à la ——, robbing drunkards.
Le pillage d’un étalage par le jeune Z.; enfin le pillage “à la poivrière” d’un
ivrogne, couché sur un banc.—Grosclaude, Gil Blas.
Poivrot, m. (general), drunkard, or habitual drunkard, “mop.” To be
on the “mop” is to be on the drink from day to day, to be
perpetually “stale drunk.” The synonyms of poivrot are “polonais,
poivrier, pompier, éponge, mouillard, sac à vin,” &c., and in the
English slang, “lushington, bibber,” and the old word “swill-pot,”
used by Urquhart in his translation of Rabelais:—
What doth that part of our army in the meantime which overthrows that
unworthy swill-pot Grangousier?
Une filature à poivrots, an establishment where spirits are retailed.
(Thieves’) Fabriquer un ——, cueillir un ——, to pick the pockets of
a drunken man, the thief being termed in the English slang a
“bug-hunter.”
Poivrotter (popular), se ——, to get drunk, or “tight.” For synonyms
see Sculpter.
Police, f. (military), bonnet de ——, recruit, or “Johnny raw.”
Ah! mille milliards de trompettes à piston! S’être laissé tarauder ainsi par un
bleu ... par un blanc bec ... un carapata ... un bonnet de police; un conscrit enfin!
—Dubois de Gennes.
Police (prostitutes’), se mettre à la ——, to have one’s name taken
down in the police-books as a prostitute. All such women have to
fulfil that formality, failing which they are liable to be summarily
locked up.
Polichinelle (popular), avaler le ——, to partake of communion.
Avoir un —— dans le tiroir, to be pregnant, or “lumpy.” Un ——,
large glass of brandy.
Si mon auguste épouse ne reçoit pas sa trempée ce soir, je veux que ce
polichinelle-là me serve de poison.—Gavarni.
Agacer un —— sur le zinc, to have a glass of brandy at the bar.
Polik (Breton cant), cat; attorney.
Polir. See Asphalte, Bitume.
Polisseuse de mâts de cocagne en chambre, f. (popular), a
variety of the prostitute tribe, whose spécialité may more easily be
guessed at than described. In Latin fellatrix. See Gadoue.
Polisson, m. (vagrants’). Formerly one of the tribe of rogues and
mendicants, a miserably clad beggar.
Polissons sont ceux qui ont des frusquins qui ne valent que floutière; en hiver
quand sigris bouesse, c’est lorsque leur état est plus chenastre.—Le Jargon de
l’Argot. (“Polissons” are those who possess clothes in rags; in winter, when it is
cold, then is their trade more profitable.)
(Obsolete) Polisson, pad worn under the dress to make up for the
lack of rotundity in a certain part of the body, bustle, or “bird-
cage.”
Dames et demoiselles quelconques, qui, pour suppléer au manque de rondeur
de certaines parties, portent ce que Madame de Genlis appelle, tout crûment, un
polisson, et que nous appelons une tournure.—Th. Gautier.
Polissonner (theatrical), to hiss, “to give the big bird.”
L’auteur est un client, sa dernière pièce a été un peu polissonnée (sifflée). Il
s’agit de lui donner une revanche pour celle-ci!—Balzac.
Politiculard, m. (journalists’), a contemptuous term for a worthless
politician.
Y a pas.... C’est un rude homme tout d’même, qu’eul’ Bismarck qui vient
d’gueuler comm’ un tonnerre au Reichstag.... En v’là-z-un qui leur-z-y parle comm’
y méritent, à c’troupeau d’politiculards allemands, presqu’ aussi toc qu’ les nôtres,
au fond, j’m’imagine.—Le Cri du Peuple, 16 Janvier, 1887.
Polka, f. and m. (models’), indecent photograph of nude figures.
(Popular) Faire danser la —— à quelqu’un, to thrash one, “to
wallop.” See Voie.(Familiar) Polka, silly young dandy, an
indefatigable dancer.
Les jolies femmes dédaignent les petits polkas.—Figaro.
Polkiste, m. (familiar), in favour of the polka.
Polochon, m. (popular), bolster. (Military) Mille polochons! a mild
oath.
Polonais, m. (popular), drunken man, see Poivrot; man employed
to keep order in a brothel, and who is called upon to interfere
when any disturbance takes place among the clientèle and ladies
of the place.
Quand la dame du lieu, à bout de prières, parle de faire descendre le Polonais,
le tapage s’apaise comme par enchantement.—Delvau.
Polonais, a small pressing iron.
Elle promenait doucement, dans le fond de la coiffe, le polonais, un petit fer
arrondi des deux bouts.—Zola, L’Assommoir.
Pomaquer (thieves’), to lose. Votre greffier n’est pas pomaqué,
your cat is not lost. Pomaquer, to arrest, “to smug.” See Piper.
Mon poteau s’est fait —— par la rousse, my comrade has allowed
himself to be apprehended by the police, or my “pal” got
“smugged” by the “reelers.” Pomaquer, to take.
Voilà! En rangeant les cambrioles (petites boutiques) on a peut-être laissé se
plaquer (tomber) un gluant (bébé) de carton, et je voudrais le pomaquer
(prendre) pour ma daronne (mère).—Richepin.
Pommade, f. (popular), flattery, “soft sawder.” Jeter de la ——, to
flatter, “to butter up.” Pommade, ruin; misfortune. Tomber dans la
——, to be ruined, “to be chawed up,” or “smashed up.”
Pommader (popular), quelqu’un, to thrash one, or “to anoint,” see
Voie; to flatter, “to butter up.” Se ——, to get drunk, or
“screwed.” See Sculpter.
Pommadeur, m. (popular), flatterer, one who gives “soft sawder;”
man who buys damaged furniture and sells it again after having
filled up the cracks with putty.
Pommadin, m. (popular), assistant to a hair-dresser; swell, or
“gorger.” See Gommeux.
Pommard, m. (old cant), cider. From pomme, apple.
Pomme, f. (popular and thieves’), head, or “tibby;” face, or “mug.”
See Tronche.
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