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Regional diversification and financial performance through an excess-capacity theory lens: A new explanation for mixed results

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  • Askarany, Davood
  • Spraakman, Gary

Abstract

This paper examines the association between regional diversification and a firm's financial performance through a theoretical lens known as “excess capacity”, which is based on a historically embedded understanding of organizational capacity phenomena.

Suggested Citation

  • Askarany, Davood & Spraakman, Gary, 2020. "Regional diversification and financial performance through an excess-capacity theory lens: A new explanation for mixed results," Technological Forecasting and Social Change, Elsevier, vol. 156(C).
  • Handle: RePEc:eee:tefoso:v:156:y:2020:i:c:s0040162520308878
    DOI: 10.1016/j.techfore.2020.120076
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