Abstract
Firm survival or reproduction does not occur as a matter of course. Especially under circumstances in which uncertainty and equivocality prevail is firm reproduction potentially problematic. Uncertainty prevails when there is insufficient or inadequate information to assess a situation, equivocality when the information available is multi-interpretable. Firm routines, social networks in a firm, and an organization's identity can explain how a firm reproduces. We offer suggestions as to which of these will contribute to firm reproduction under what circumstances.
Original language | English |
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Pages (from-to) | 297-304 |
Number of pages | 8 |
Journal | Journal of Economic Issues |
Volume | 51 |
Issue number | 2 |
DOIs | |
Publication status | Published - 2017 |
Keywords
- firm routines
- organizational identity
- social networks
- theory of the firm
- ORGANIZATIONS