scholarly journals A review of servitization theoretical foundations

2021 ◽  
Vol 14 (3) ◽  
pp. 496
Author(s):  
Agustín Ruiz-Martín ◽  
Eloísa Díaz-Garrido
Keyword(s):  
Resource Dependence ◽  
Transaction Cost Economics ◽  
Descriptive Analysis ◽  
Resource Dependence Theory ◽  
Future Research ◽  
Theoretical Frameworks ◽  
Organizational Boundaries ◽  
Theoretical Approaches ◽  
Attention Performance ◽  
Theoretical Foundations

Purpose: This study seeks to analyse how the servitization topic has been addressed through different theoretical approaches. More specifically, the aim is to answer two key questions: What theoretical approaches have been used to study the phenomenon of servitization? What specific aspects of the servitization process have been analysed through each theoretical approach?Design/methodology/approach: This paper adopts a systematic literature review. The first step involves a descriptive analysis, which is then followed by a thematic one.Findings: The results show that the topic of servitization has been analysed according to the main boundary of the firm theories (Resource-based view, Game theory, and Transaction cost economics) and to organizational boundaries (Contingency theory and Resource dependence theory), among others. From the perspective of these theoretical frameworks, the following topics have received the most scholarly attention: Performance, Capabilities, Supply Chain Management, Business Model, Strategy, and Sustainability.Originality/value: Observations are made on the relevance that diverse theories have on the development of research into servitization. The most suitable theoretical lenses are recommended for future research.

Corporate Political Strategies

2020 ◽  
Author(s):  
Rodrigo B. DeMello
Keyword(s):  
Competitive Advantage ◽  
Resource Dependence ◽  
Political Influence ◽  
Resource Dependence Theory ◽  
Revolving Door ◽  
Political Activity ◽  
Future Research ◽  
Political Strategies ◽  
Theoretical Approaches ◽  
Corporate Political Strategies

Firms deploy value-based strategies to achieve competitive advantage in the marketplace. However, processes of value creation and appropriation do not happen in a vacuum but are structured by a set of formal market institutions that define, among other things, policies and regulations on standards, privacy, safety, trade, and access to resources. Corporate political strategies are the ways firms use to shape these policies and regulations in favorable ways that help them achieve competitive advantage. The political activities include lobbying, participation in hearings, campaign contributions, the use of revolving-door personnel, advocacy, grass-roots mobilization, and nurturing and exploiting political ties. Firms interact with government officeholders in different government arenas, such as national and local legislatures, government agencies, and the judiciary branch. For most corporations, being able to deploy effective political strategies is, therefore, necessary for achieving sustainable competitive advantage. The research into corporate political strategies has tried to explain why firms engage in political strategy, when, and which political activity would yield the best results. The usual theoretical framings draw from Resource Dependence Theory, Institutional Theory, Resource-Based View, Agency Theory, and Stakeholder Theory. While the strategic logic underlying each theoretical approach varies, they are better seen as complementary to each other. The fact that the phenomenon of political strategies is complex, dynamic, and an important part of daily business of several corporations favors the integration of different theoretical approaches. Although the literature on corporate political strategies has considerably advanced, there are still areas that could benefit from future research: the integration of market and political strategies, especially the use of market actions as political influence; the integration of social and political strategies; the role that individual and managerial aspects play in choice of political strategies; and multicountry comparative studies, especially focusing on ideological turnarounds and state capitalism.

The emerging role of coopetition within inter-firm relationships

2019 ◽  
Vol 30 (2) ◽  
pp. 414-437 ◽  
Author(s):  
Zach Zacharia ◽  
Michael Plasch ◽  
Usha Mohan ◽  
Markus Gerschberger
Keyword(s):  
Resource Dependence ◽  
Empirical Support ◽  
Resource Dependence Theory ◽  
Structured Interview ◽  
Future Research ◽  
Multiple Perspectives ◽  
Content Type ◽  
Capital Costs ◽  
Interview Process ◽  
A Value

Purpose Increasing environmental uncertainty, more demanding customers, rapid technological growth and rising capital costs have all forced firms to evolve from collaborating with buyers and suppliers to collaborating with their competitors and that is called coopetition. The purpose of this paper is to better understand the antecedents and outcomes associated with coopetition. Design/methodology/approach Building from the existing literature and three theoretical foundations, resource-based theory, resource dependence theory and game theory, the authors develop a model showing the antecedents and outcomes of coopetition and associated propositions of coopetition. Using a semi-structured interview process of 21 industry executives, the authors offer empirical support for the proposed coopetition model and propositions. Findings Firms are increasingly dependent on the knowledge and expertise in external organizations to innovate, solve problems and improve supply chain performance. This research suggests that there is a value for firms to consider coopetition as a part of their inter-firm strategies. Research limitations/implications The semi-structured interview process used in this research provided a wealth of information and executive experiences in coopetition. The interviews, however, only provide a single perspective of collaborative engagements with competitors. Multiple perspectives of each project would add value to this research. Originality/value Collaboration among buyers and suppliers have been well researched; however, there has not been as much research on coopetition. This research provides a new area for future research for academics and offers suggestions for managers to improve the effectiveness and efficiency of their coopetition projects.

scholarly journals Falsification of Theorizing in Operations Management Research

2018 ◽  
Vol 6 (1) ◽  
pp. 102
Author(s):  
Abdul Salam Khan ◽  
Iqbal Muhammad Khan ◽  
Muhammad Sadiq ◽  
Imran Ahmed Khan
Keyword(s):  
Operations Management ◽  
Resource Dependence ◽  
Transaction Cost Economics ◽  
Resource Dependence Theory ◽  
The Body ◽  
Theory And Practice ◽  
Management Research ◽  
Resource Based View ◽  
Dependence Theory ◽  
Practice Approach

The practices of operations management research have been inclined towards practicality and pragmatism. Induction is core background of research in operations management. However, there are certain biases and critiques on the generalizability of data using the approach of Induction, of which falsification is more prominent. This study takes upon three major theories used in Operations Management (OM) research such as Resource Based View (RBV), Transaction Cost Economics (TCE) and Resource Dependence Theory (RDT) and discusses the falsification critiques such as tautology on the theories and theorization of Operations Management (OM) and how the body of research in operations management responds to the criticism. Our study suggests that there needs to be a domain limitation of the theorizing process wherein the theory is posit to hold and thus exposing the theory at hand to the critique of falsification. The theory needs not to capture every facet of the phenomena under examination. This study also highlight the importance of developing field specific theories and the improvement brought into the process of theorization and towards the end we describe courses of action for improving the balance between theory and practice approach in the field.

scholarly journals The “Second Academic Revolution”: Interpretations of Academic Entrepreneurship

1969 ◽  
Vol 40 (2) ◽  
pp. 35-50
Author(s):  
Peijun Zheng
Keyword(s):  
Knowledge Production ◽  
Triple Helix ◽  
Academic Entrepreneurship ◽  
Resource Dependence ◽  
Academic Capitalism ◽  
Resource Dependence Theory ◽  
Theoretical Frameworks ◽  
Triple Helix Model ◽  
Mode 2 ◽  
Dependence Theory

The number and scope of faculty and institutions involved in academic entrepreneurship continues to expand, and this has significant implications for universities, involving potentially wonderful opportunities but also dire risks. This paper looks beyond academic capitalism, a theory that currently dominates the study of higher education, by introducing several other theoretical frameworks for interpretation of academic entrepreneurship: resource dependence theory, the Triple Helix model, and Mode 2 knowledge production. Acknowledging the fact that academic capitalism significantly furthers our understanding of academic entrepreneurship, I argue that these other conceptual propositions are constructive in enlightening perspectives on the various aspects of academic entrepreneurship, although as of yet no single work completely explains all facets of this complicated issue.  

Contextual Relationship Among 3 C's and Innovative Green Procurement Practices Using ISM and Its Validation Using MICMAC Analysis

2016 ◽  
Vol 6 (2) ◽  
pp. 33-50 ◽  
Author(s):  
Surajit Bag
Keyword(s):  
Resource Dependence ◽  
Manufacturing Sector ◽  
Resource Dependence Theory ◽  
Future Research ◽  
Interpretive Structural Modeling ◽  
Green Procurement ◽  
Micmac Analysis ◽  
Dependence Theory ◽  
Managerial Implications ◽  
Relationship Of

This paper argues for the use of Interpretive Structural Modeling in building a theory of innovative green procurement practices. Earlier researchers have conducted vast studies related to the hard dimensions of green procurement practices. However, there is a dearth of studies focusing particularly on the soft dimensions of green procurement practices. To address the gap in existing literature, this study first systematically reviews the green procurement literature. Secondly, these dimensions were refined through expert interviews from the manufacturing sector. Thirdly, it illustrates the use of ISM method to find the contextual relationship of elements. The ISM model was finally validated using MICMAC analysis. The current study is unique from two perspectives. Firstly, Resource dependence theory was used as a theoretical lens to study the links between elements. Secondly, it integrated innovation and green procurement practices for the purpose of investigation. The findings show strong associations between 3C's (Collaboration, Coordination, and Cooperation) and innovative green procurement practices. The paper concludes with managerial implications and directions for future research.

What does board capital really bring to the table?

2019 ◽  
Vol 34 (3/4) ◽  
pp. 134-147 ◽  
Author(s):  
Whitney Douglas Fernandez ◽  
Yannick Thams ◽  
Mark Lehrer
Keyword(s):  
Boards Of Directors ◽  
Resource Dependence ◽  
Resource Dependence Theory ◽  
Performance Outcomes ◽  
Theory And Practice ◽  
Future Research ◽  
Firm Level ◽  
Content Type ◽  
Trade Offs ◽  
Board Capital

Purpose Although resource dependence theory (RDT) has substantially deepened the understanding of the function and role of boards, no systematic review of this body of work has yet been undertaken. The purpose of this paper is to synthesize prior research on the strategically relevant resources provided by board members to their organization in the light of RDT and indicate avenues for future research. Design/methodology/approach The review covers 79 research articles from 1978 to 2016 dealing with the resource provision of boards of directors. Findings Board capital research most often assumes a positive, linear relationship between board capital, resource provision and ultimately firm-level performance outcomes. This tendency tends to exclude from view the possibility of important trade-offs relevant to both theory and practice. Future research will need to incorporate more complex models that take into consideration nonlinear and curvilinear effects. The authors outline opportunities to advance board research by refining the methodological techniques employed. Originality/value By recommending investigation of the important trade-offs inherent in board composition, the authors seek to inspire future research that offers practical guidance for improving the effectiveness of corporate boards.

Contextual Relationship Among 3 C's and Innovative Green Procurement Practices Using ISM and Its Validation Using MICMAC Analysis

2019 ◽  
pp. 346-364
Author(s):  
Surajit Bag
Keyword(s):  
Resource Dependence ◽  
Manufacturing Sector ◽  
Resource Dependence Theory ◽  
Future Research ◽  
Expert Interviews ◽  
Interpretive Structural Modeling ◽  
Green Procurement ◽  
Micmac Analysis ◽  
Managerial Implications ◽  
Relationship Of

This paper argues for the use of Interpretive Structural Modeling in building a theory of innovative green procurement practices. Earlier researchers have conducted vast studies related to the hard dimensions of green procurement practices. However, there is a dearth of studies focusing particularly on the soft dimensions of green procurement practices. To address the gap in existing literature, this study first systematically reviews the green procurement literature. Secondly, these dimensions were refined through expert interviews from the manufacturing sector. Thirdly, it illustrates the use of ISM method to find the contextual relationship of elements. The ISM model was finally validated using MICMAC analysis. The current study is unique from two perspectives. Firstly, Resource dependence theory was used as a theoretical lens to study the links between elements. Secondly, it integrated innovation and green procurement practices for the purpose of investigation. The findings show strong associations between 3C's (Collaboration, Coordination, and Cooperation) and innovative green procurement practices. The paper concludes with managerial implications and directions for future research.

Identification of Contextual Relationship Among Collaboration, Cooperation, Coordination, and Innovative Green Procurement Practices

2018 ◽  
pp. 201-230
Author(s):  
Surajit Bag
Keyword(s):  
Supply Chain ◽  
Resource Dependence ◽  
Resource Dependence Theory ◽  
Superior Performance ◽  
Future Research ◽  
Interpretive Structural Modeling ◽  
Scarce Resources ◽  
Green Procurement ◽  
Managerial Implications ◽  
Quality Decision

Globally, every organization is focusing on minimizing the usage of scarce resources in production. The authors have used resource dependence theory (RDT) as the theoretical lens to develop the foundation of the chapter. RDT suggests that firms within the supply chain network should coordinate and collaborate to achieve superior performance. Under RDT, the most important assumption is that firms cannot be fully independent with regards to strategically critical resources for survival. The purpose of this chapter is to explain the contextual relationships between collaboration, coordination, cooperation, and innovative green procurement practices. Here, interpretive structural modeling (ISM) technique has been used to develop the SSIM matrix with the assistance from five experts based in the South African steel and engineering sectors. The ISM model depicts the contextual interrelationships that may help supply chain managers in quality decision making. The chapter concludes with managerial implications and directions of future research.

scholarly journals Supply chain management as the key to a firm’s strategy in the global marketplace

2015 ◽  
Vol 45 (1/2) ◽  
pp. 159-181 ◽  
Author(s):  
Miguel Gonzalez-Loureiro ◽  
Marina Dabic ◽  
Timothy Kiessling
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Strategic Management ◽  
Intellectual Structure ◽  
Future Research ◽  
Global Marketplace ◽  
Chain Management ◽  
Content Type ◽  
Theoretical Approaches ◽  
Theoretical Foundations

Purpose – The purpose of this paper is to analyze the intersection of two literature streams: that of strategy and supply chain management (SCM). This review should create a better understanding of “strategic SCM” by focussing on relevant theories in the strategic management field and their intersection with SCM to develop a joint research agenda. Design/methodology/approach – The authors conducted a correspondence analysis on the content of 3,402 articles from the top SCM journals. This analysis provides a map of the intellectual structure of content in this field to date. The key trends and changes were identified in strategic SCM research from 1990-2014 as well as the intersection with the key schools of strategic management. Findings – The results suggest that SCM is key to a successful deployment of strategy for competing in the global marketplace. The main theoretical foundations for research in this field were identified and discussed. Gaps were detected and combinations of theoretical foundations of strategic management and SCM suggest four poles for future research: agents and focal firm; distributions and logistics strategic models; SCM competitive requirements; SCM relational governance. Research limitations/implications – Scholars in both the strategy and the SCM fields continue to search for competitive advantages. Much recent research indicates that strategic SCM can be a critical source for that advantage. One of the limitations of the research is that the analysis does not include every journal that published an article mentioning SCM. However, the 34 journals selected are reputed to be the most influential on SCM and focussed primarily on SCM. Practical implications – The map of the intellectual structure of research to strategic SCM highlights the need to combine different theoretical approaches to the complex phenomenon of SCM. Practitioners should consider the supply chain as an informal organization and should devote time and resources to build a shared advantage across the supply chain. They should also consider the inherent benefits and risks that sharing. Originality/value – The paper demonstrates that strategic SCM needs a balanced and rigorous combination of theoretical approaches to deliver more theory-driven evidences. The research combines both a qualitative analysis and a quantitative methodology that summarizes gaps and then outlines future research from a large sample of articles. This methodology is an original contribution to this field and offers some assistance for enlarging the sample of future literature reviews.

The role of start-up incubators in cooperation networks from the perspective of resource dependence and interlocking directorates

2019 ◽  
Vol 57 (10) ◽  
pp. 2816-2836 ◽  
Author(s):  
Anderson Galvão ◽  
Carla Marques ◽  
Mário Franco ◽  
Carla Mascarenhas
Keyword(s):  
Resource Dependence ◽  
Transaction Cost Economics ◽  
Resource Dependence Theory ◽  
Structured Interviews ◽  
Interlocking Directorates ◽  
Content Type ◽  
Scarce Resources ◽  
Start Up ◽  
Dependence Theory ◽  
Start Ups

Purpose Based on resource dependence theory and the concept of interlocking directorates, the purpose of this paper is to understand the importance of networks for start-ups and the role incubators play in these companies’ networking processes. Design/methodology/approach The research was conducted through semi-structured interviews with the entrepreneurs responsible for three start-ups and the heads of their incubators. The interview data were subjected to content analysis using NVivo software. Findings The results indicate that start-ups often resort to networks to overcome their weak reputations and scarce resources. Incubators play a quite important role in this process since they promote events that encourage the creation of partnerships and networks either between start-ups within the same incubator or with external institutions. In addition, the results reveal that most cooperation networks are informal and that they fulfil needs that start-ups are not yet able to meet themselves, for example, when they compete for public tenders. Practical implications The present study explored this topic from two perspectives (i.e. start-ups and incubators). This approach facilitated the identification of the main features upon which start-ups depend, the entities to which these companies turn for help, the kind of communication in which they usually engage, the primary advantages of establishing cooperation networks and the main types of support given by incubators. Originality/value Most studies of cooperation networks are based on transaction cost economics, a resource-based perspective and/or institutional theory. In contrast, this study innovated by applying resource dependence theory and the concept of interlocking directorates, which provided an alternative explanation regarding cooperation networks’ importance to start-ups and incubators’ roles in these companies’ networking processes.

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