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Corporate distinctive competence, strategy, industry and performance

Author

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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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    File URL: https://doi.org/10.1002/smj.4250060307
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    Cited by:

    1. Anisya S. Thomas & Kannan Ramaswamy, 1994. "Matching Managers to Strategy: An Investigation of Perfor Mance Implications and Boundary Conditions," Australian Journal of Management, Australian School of Business, vol. 19(1), pages 73-93, June.
    2. Tzu-Hsin Liu & Yung-Chang Hsiao, 2019. "Fitting cooperative mode in inter-organizational strategic alliance: a perspective from innovative and financial performances," The Journal of Technology Transfer, Springer, vol. 44(1), pages 73-96, February.
    3. Erna van Duren & David Sparling & Calum Turvey & Linda Lake, 2003. "An assessment of the strategies and strengths of medium-sized food processors," Agribusiness, John Wiley & Sons, Ltd., vol. 19(1), pages 115-132.
    4. David G. Sirmon & Michael A. Hitt, 2003. "Managing Resources: Linking Unique Resources, Management, and Wealth Creation in Family Firms," Entrepreneurship Theory and Practice, , vol. 27(4), pages 339-358, October.
    5. Jorge A. Durán-Encalada & Juan M. San Martin-Reyna & Héctor Montiel-Campos, 2012. "A Research Proposal to Examine Entrepreneurship in Family Business," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 8(3), pages 58-77.
    6. Wayne S. DeSarbo & C. Anthony Di Benedetto & Kamel Jedidi & Michael Song, 2006. "Identifying Sources of Heterogeneity for Empirically Deriving Strategic Types: A Constrained Finite-Mixture Structural-Equation Methodology," Management Science, INFORMS, vol. 52(6), pages 909-924, June.
    7. Shaker A. Zahra, 1994. "New Product Innovation in Established Companies: Associations with Industry and Strategy Variables," Entrepreneurship Theory and Practice, , vol. 18(2), pages 47-69, January.
    8. Alain Asquin & Emmanuelle Reynaud & Marion Polgé, 2001. "Entrepreneurship: what are the typical capabilities to create competitive resources? A discussion from case studies," Post-Print hal-00379862, HAL.
    9. Ng, Poh Yen & Dayan, Mumin & Di Benedetto, Anthony, 2019. "Performance in family firm: Influences of socioemotional wealth and managerial capabilities," Journal of Business Research, Elsevier, vol. 102(C), pages 178-190.
    10. Marina SOLESVIK, 2018. "The Rise and Fall of the Resource-Based View: Paradigm Shift in Strategic Management Elite Theory and Development of the Methodology for Researching Economic Well-Being in Mass Society," Journal of New Economy, Ural State University of Economics, vol. 19(4), pages 5-18, August.
    11. Johann Peter Murmann & Deepak Sardana, 2013. "Successful entrepreneurs minimize risk," Australian Journal of Management, Australian School of Business, vol. 38(1), pages 191-215, April.
    12. Merkel, Axel & Sløk-Madsen, Stefan Kirkegaard, 2019. "Lessons from port sector regulatory reforms in Denmark: An analysis of port governance and institutional structure outcomes," Transport Policy, Elsevier, vol. 78(C), pages 31-41.
    13. Mahoney, Joseph T., 1995. "The management of resources and the resource of management," Journal of Business Research, Elsevier, vol. 33(2), pages 91-101, June.

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