The concept of path dependence is used to compare the evolution of the organizational forms of two groups of transportation and warehousing firms, the Dutch vemen and the Antwerp naties, that operated in seaports between c.1500 and 1900 and beyond. Their adoption of cooperative forms reflected...

Purpose – The purpose of this paper is to disentangle and elaborate on the constitutive elements of the concept of path dependence (initial conditions and lock‐in) for a concerted and in‐depth application to the study of organizational change. Design/methodology/approach – The approach...

Using the upper echelons perspective together with corporate governance and strategic renewal literature, this paper investigates how top managers' corporate governance orientation influences a firm's strategic renewal trajectories over time. Through both a qualitative analysis (1907-2004) and a...