The idea of an institution-based view (IBV) as a third perspective in strategic analysis (the first two being the industry-based and resource-based views) has been recently addressed by several strategy scholars. Institutions are both the medium for and the result of social action: they enable and constrain what firms and other agents wish to accomplish “directly determining what arrows a firm has in its quiver as it struggles to formulate and implement strategy and to create a competitive advantage” (Ingram and Silverman [“Introduction: The new institutionalism in strategic management.” Emerald, Bingley, 20, 2002]). This serves to underline that given the influence of institutions on firm behavior, any strategic choice is inherently affected by the formal and informal constraints of a given institutional framework. Our contribution focuses on a review of the role of institutions in strategic analysis drawing from literature on institutionalism and on the recently developed stream of the institution-based view.

Institutional Approach to Strategic Management / Brunetta, Federica; Capo, Francesca; Vicentini, Francesca. - (2017), pp. 3-14. [10.1007/978-3-319-44591-5_1]

Institutional Approach to Strategic Management

BRUNETTA, FEDERICA;CAPO, FRANCESCA;VICENTINI, FRANCESCA
2017

Abstract

The idea of an institution-based view (IBV) as a third perspective in strategic analysis (the first two being the industry-based and resource-based views) has been recently addressed by several strategy scholars. Institutions are both the medium for and the result of social action: they enable and constrain what firms and other agents wish to accomplish “directly determining what arrows a firm has in its quiver as it struggles to formulate and implement strategy and to create a competitive advantage” (Ingram and Silverman [“Introduction: The new institutionalism in strategic management.” Emerald, Bingley, 20, 2002]). This serves to underline that given the influence of institutions on firm behavior, any strategic choice is inherently affected by the formal and informal constraints of a given institutional framework. Our contribution focuses on a review of the role of institutions in strategic analysis drawing from literature on institutionalism and on the recently developed stream of the institution-based view.
978-3-319-44590-8
978-3-319-44591-5
Institutional Approach to Strategic Management / Brunetta, Federica; Capo, Francesca; Vicentini, Francesca. - (2017), pp. 3-14. [10.1007/978-3-319-44591-5_1]
File in questo prodotto:
File Dimensione Formato  
1_Online-PDFok.pdf

Solo gestori archivio

Tipologia: Versione dell'editore
Licenza: Tutti i diritti riservati
Dimensione 145.39 kB
Formato Adobe PDF
145.39 kB Adobe PDF   Visualizza/Apri
Pubblicazioni consigliate

Caricamento pubblicazioni consigliate

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11385/172611
Citazioni
  • Scopus 1
  • ???jsp.display-item.citation.isi??? 0
social impact