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Corporate distinctive competence, strategy, industry and performance

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  • Michael A. Hitt
  • R. Duane Ireland

Abstract

Corporate distinctive competencies may facilitate effective management of interdependencies among multiple units. Relationships between corporate distinctive competencies and firm performance were examined in 185 industrial firms. Results suggested that distinctive competencies associated with performance vary according to the grand strategy used and the firm's principal industry. Specific distinctive competencies were identified for each strategy and industry type.

Suggested Citation

  • Michael A. Hitt & R. Duane Ireland, 1985. "Corporate distinctive competence, strategy, industry and performance," Strategic Management Journal, Wiley Blackwell, vol. 6(3), pages 273-293, July.
  • Handle: RePEc:bla:stratm:v:6:y:1985:i:3:p:273-293
    DOI: 10.1002/smj.4250060307
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