The Theoretical Logic of Strategy
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Beschreibung
This scholarly work critically examines theoretical deficiencies in the field of strategy, delineating their origins and impact on research and practice. Though it could be viewed as a broadside against the field for the way that it has developed during its first 70 years, it is intended to be an effort to nudge it forward, which will require major institutional reforms not just in how it evaluates its research but also in how it combines theories pedagogically.
The author contends that the prevalent publish-or-perish paradigm, successful in the hard sciences, has failed in building a cumulative understanding in the social sciences, including economics, which relies on linkages with others to build cumulative knowledge.
This book scrutinizes the consequences of using theory with inappropriate units of analysis, emphasizing the importance of justified expectations. Geared towards researchers, it contributes to the discourse on theoretical development in the field of strategy.
James O. Fiet is the Brown-Forman Chair at the University of Louisville. He founded the entrepreneurship doctoral program at the Institute for Entrepreneurial Research and served for a decade as editor of Entrepreneurship Theory and Practice, while publishing more than 250 contributions. He originated the theory and field of Informational Entrepreneurship. Some of his books are: The Systematic Search for Entrepreneurial Discoveries; Prescriptive Entrepreneurship; Time, Space and Entrepreneurship, The Theoretical World of Entrepreneurship; The Entrepreneurial Solution to Poverty and the Science of What Is Possible; Informational Entrepreneurship in a World of Limited Insight; and Religious Doctrines and Their Influence on Entrepreneurship.
This scholarly work critically examines theoretical deficiencies in the field of strategy, delineating their origins and impact on research and practice. Though it could be viewed as a broadside against the field for the way that it has developed during its first 70 years, it is intended to be an effort to nudge it forward, which will require major institutional reforms not just in how it evaluates its research but also in how it combines theories pedagogically.
The author contends that the prevalent publish-or-perish paradigm, successful in the hard sciences, has failed in building a cumulative understanding in the social sciences, including economics, which relies on linkages with others to build cumulative knowledge.
This book scrutinizes the consequences of using theory with inappropriate units of analysis, emphasizing the importance of justified expectations. Geared towards researchers, it contributes to the discourse on theoretical development in the field of strategy.
First book to gather in one volume the theoretical shortcomings of the field of strategic management as it exists today Identifies the institutional changes needed to support the production and use of cumulative theorizing Proposes how strategy scholars should select and combine theories to anticipate what firms are likely to encounter
Autor*in
James O. Fiet
Themen in »The Theoretical Logic of Strategy«
Theoretical constraints Critical thinking Static models Assumptions, boundary conditions and evidence Start-up strategy Economic rates of return Convention theory Forgiving business model Cooperative arrangements Porter’s model of competitive threats Threat of buyers Threat of rivals Value chain Agency theory Transaction cost economics