How do organizations survive in the face of change? Underlying this question is a rich
debate about whether organizations can adapt—and if so how. One perspective …

The field of strategy has mounted an enormous effort to understand, define, predict, and
measure how organizational capabilities shape competitive advantage. While the notion that …

Smith Corona, formerly one of the world's leading manufacturers of typewriters, was
challenged to exercise dynamic capability in the face of the dissipation of its main product …

Have you ever wondered why even large companies fail when faced with changes in their
environment? Would you be surprised to learn that the average life expectancy of a Fortune …

We explore the implications of a real and common alternative to attempting the
transformation required to embrace a new, dominant, technology—the choice to maintain …

Although Darwin was writing about biological species 150 years ago, his logic applies to
organizations today. In 1959, Fortune magazine ranked General Motors as the largest, and …

Purpose The purpose of this paper is to examine competing assumptions about the nature of
resilience and selects those most appropriate for an entrepreneurial context. Assumptions …

The issue of the failure of incumbent firms in the face of radical technical change has been a
central question in the technology strategy domain for some time. We add to prior …

This study aims to understand how firms overcome market-based innovation barriers and
achieve innovation performance using the effectuation orientation construct. In so doing, we …

The ability to transform on a regular basis is critical in the effort to adapt to external
challenges; however, changes to an organization's fundamental characteristics may …