Publication Type

Journal Article

Version

acceptedVersion

Publication Date

11-2022

Abstract

In the 20 years of Strategic Organization, how well has knowledge drawn from the behavioral theory of the firm contributed to the field of strategy? We see progress both in the pages of SO! and elsewhere in the field of strategy, but this progress has been held back by divisions between strategy and organization theory in what theories should predict, what mechanisms are preferable predictors, and what outcomes are of interest. Despite these divisions, the last few years have seen particularly rapid progress, turning the behavioral theory of the firm into one of multiple organization theory sources of strategy knowledge. It is time to reassess and consider the best future direction, and we propose a framework organized around how strategy is shaped by the (1) organizational structure, (2) organizational decision makers, (3) organizational history, and (4) organizational environment. This subdivision captures the decision-making units in the theory (1-2), the importance of experience (3), and the role of context (4). We outline fruitful research topics based on this framework.

Keywords

behavioral strategy, behavioral theory of the firm, decision making, diffusion, organizational learning, organizational memory, topics and perspectives

Discipline

Organizational Behavior and Theory | Strategic Management Policy

Research Areas

Strategy and Organisation

Publication

Strategic Organization

Volume

20

Issue

4

First Page

698

Last Page

708

ISSN

1476-1270

Identifier

10.1177/14761270221115032

Publisher

SAGE Publications (UK and US)

Copyright Owner and License

Authors

Additional URL

https://doi.org/10.1177/14761270221115032

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