Sequencing and timing of strategic responses after industry disruption: evidence from post-deregulation competition in the U.S. railroad industry
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Publication Date
2018-11Journal Title
Strategic Organization
ISSN
1476-1270
Publisher
SAGE
Volume
16
Issue
4
Pages
373-400
Type
Article
This Version
AM
Metadata
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Pettus, M., Kor, Y., Mahoney, J., & Michael, S. (2018). Sequencing and timing of strategic responses after industry disruption: evidence from post-deregulation competition in the U.S. railroad industry. Strategic Organization, 16 (4), 373-400. https://doi.org/10.1177/1476127017743502
Abstract
This paper examines the sequencing and timing of firms’ strategic responses after significant industry disruption. We show that it is not the single strategic choice or response per se, but the sequencing and patterns of consecutive strategic responses that drive a firm’s adaptation and survival in the aftermath of a shift in the industry. We find that firms’ renewal efforts involved differential adaptability in finding balance at the juxtaposition of responding to demand-side pressures and choosing a path of new capability acquisition efficiently. Our study underscores the importance of taking a sequencing approach to studying strategic responses to industry disruption.
Identifiers
External DOI: https://doi.org/10.1177/1476127017743502
This record's URL: https://www.repository.cam.ac.uk/handle/1810/271313
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