Petermann, Arne; Schreyögg, Georg; Fürstenau, Daniel - In: Business Research 12 (2019) 2, pp. 637-669
Theories of path dependence and incumbent inertia assume that self-reinforcing mechanisms lead to highly persistent and eventually inefficient institutional solutions. The resulting lock-in is likely to threaten the viability of an organization. While path dependence theory was initially...