This paper examines the frequency, pervasiveness, and determinants of product switching by US manufacturing firms. We find that one-half of firms alter their mix of five-digit SIC products every five years, that product switching is correlated with both firm- and firm-product attributes, and...

We estimate a structural model of heterogeneous multiproduct firms to examine the sources of firm heterogeneity emphasized in the recent trade and macro literatures. Using Nielsen barcode data on prices and sales, we estimate elasticities of substitution within and between firms, and use the...

This interview is Part 1 Video 2 of a two-part series (contained in 4 videos) in which Professor Ralph Walkling, the Stratakis Chair in Corporate Governance and Executive Director of the Center for Corporate Governance at Drexel University, interviews Professor Michael C. Jensen, Jesse Isidor...

To help bridge the gap between the emergent and rational school of strategy formation, I analyze the role of alternative generation and information integration as two process-based characteristics of the strategy process in the relationship between strategic planning and decision quality. Based...

Serendipity plays an important role in science and technology development. This article investigates serendipity as a potential mechanism of change in management areas such as technology management, strategy and organization. The mechanism will be described and conditions that support or hinder...

Building on Hinings and Greenwood’s (1988) concept for the explanation of strategic change processes, this paper examines the organizational transformations in the internationalization process of Deutsche Treuhand-Gesellschaft. We identify three archetypes of the international organization of...

Although indispensable for long-term economic growth, organizational changes are usually met with resistance. This article draws on psychological theories and empirical evidence to highlight why and under what conditions changes lead to resistance and what likely consequences of resistance are....

Dialectics as a scientific method has its limitations. Dialectics as an intrinsic aspect of reality is an eminent and essential force in social life. Dialectics is about structures and dialectics is about change. This article shows how dialectic mechanisms work. The general considerations are...

To understand organizational, strategic and technological change it would be helpful to resort to mechanisms that are responsible for triggering and directing deep-seated social change processes. Propositions about mechanisms have an interesting epistemological status, they take an intermediate...

It is sometimes necessary for the state to take intrusive measures into the life of its citizens in order to attain higher social goals. When circumstances require it, the force of law may be used (e.g. smoking prohibition, obligation to wear seat belts whilst driving), but on the whole it is...