Publication Type
Journal Article
Version
publishedVersion
Publication Date
7-2008
Abstract
Strategic orientation is a critical factor for a firm's competitiveness in a transitional economy context but it is understudied in the current literature. This article examines the antecedents of strategic orientation from both the socio-cognitive and resource-based view perspectives. The study posits that the strategic orientations of firms in a transitional economy context are influenced by the top managers' cognitions and organizational resources. Based on a national survey of high-technology firms in China, the study finds that a stronger market-focused strategic orientation was facilitated by managerial cognitions about the future of the industry and current operation and performance of the firm, as well as organizational resources including an R&D infrastructure, technological alliance, and top managers' foreign experience. The study confirms that strategic orientations should be examined from multiple theoretical perspectives.
Keywords
Strategic orientation; High-technology firms; Transitional economy; China
Discipline
Strategic Management Policy | Technology and Innovation
Research Areas
Strategy and Organisation
Publication
Journal of Business Research
Volume
61
Issue
7
First Page
765
Last Page
777
ISSN
0148-2963
Identifier
10.1016/j.jbusres.2007.07.031
Publisher
Elsevier
Citation
LAU, Chung-Ming; YIU, Daphne W.; YEUNG, Ping-Kwong; and LU, Yuan.
Strategic orientation of high-technology firms in a transitional economy. (2008). Journal of Business Research. 61, (7), 765-777.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/7338
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1016/j.jbusres.2007.07.031
