Understanding corporate coherence Theory and evidence Export

@article{citeulike:6055199, abstract = {Multiproduct firms are perceived to be coherent in their scope, yet there is no strong theoretical foundations to explain coherence in modern industrial organization theory. This paper shows that as U.S. manufacturing firms grow more diverse, they maintain a constant level of coherence between neighboring activities. This finding runs counter to the idea that firms with many activities are generally more 'incoherent'. A framework is then presented which appeals to the nature of enterprise learning, path dependencies, and the nature of the selection environment to explain the ubiquity of coherent diversifiers.}, author = {Teece, David J.}, citeulike-article-id = {6055199}, citeulike-linkout-0 = {http://dx.doi.org/10.1016/0167-2681(94)90094-9}, citeulike-linkout-1 = {http://linkinghub.elsevier.com/retrieve/pii/0167-2681(94)90094-9}, doi = {10.1016/0167-2681(94)90094-9}, issn = {01672681}, journal = {Journal of Economic Behavior \& Organization}, keywords = {coherence, corporate, evidence, theory, understanding}, month = {January}, number = {1}, pages = {1--30}, posted-at = {2009-11-02 04:57:00}, priority = {3}, title = {Understanding corporate coherence Theory and evidence}, url = {http://dx.doi.org/10.1016/0167-2681(94)90094-9}, volume = {23}, year = {1994} }

TY - JOUR ID - citeulike:6055199 L3 - citeulike-article-id:6055199 N2 - Multiproduct firms are perceived to be coherent in their scope, yet there is no strong theoretical foundations to explain coherence in modern industrial organization theory. This paper shows that as U.S. manufacturing firms grow more diverse, they maintain a constant level of coherence between neighboring activities. This finding runs counter to the idea that firms with many activities are generally more ‘incoherent’. A framework is then presented which appeals to the nature of enterprise learning, path dependencies, and the nature of the selection environment to explain the ubiquity of coherent diversifiers. IS - 1 JF - Journal of Economic Behavior & Organization SN - 01672681 EP - 30 TI - Understanding corporate coherence Theory and evidence VL - 23 SP - 1 KW - coherence KW - corporate KW - evidence KW - theory KW - understanding AU - Teece, David PY - 1994/01// UR - http://dx.doi.org/10.1016/0167-2681(94)90094-9 ER -