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Strategic schemas, strategic flexibility, and firm performance: the moderating role of industry clockspeed

Nadkarni, Sucheta, Narayanan, V. K.·2007·Strategic Management Journal

Abstract

We examine the moderating effect of industry clockspeed on the relationship between strategic schemas, strategic flexibility and firm performance. We employ two key properties of strategic schemas: complexity and focus. Using a sample of 225 firms from 14 industries, we show that the pattern of relationships among the theoretical constructs is different in fast‐ and slow‐clockspeed industries. The results suggest that complexity of strategic schemas promotes strategic flexibility and success in fast clockspeed industries, whereas focus of strategic schemas fosters strategic persistence, which is effective in slow‐clockspeed industries. Copyright © 2007 John Wiley & Sons, Ltd.

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Metadata

Authors
Nadkarni, S., & Narayanan, V. K.
Venue
Strategic Management Journal
Publisher
Wiley
Published
2007-01-30
Volume
28
Issue
3
Pages
243-270
ISSN
  • 0143-2095 (ISSN-L)
  • 1097-0266
OpenAlex
W2010864625
Cited by
830
References
124
FWCI
35.48
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Strategic schemas, strategic flexibility, and firm performance: the moderating role of industry clockspeed. https://app.cochat.ai/papers/10.1002/smj.576
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Nadkarni, S., & Narayanan, V. K. (2007). Strategic schemas, strategic flexibility, and firm performance: the moderating role of industry clockspeed. Strategic Management Journal. https://doi.org/10.1002/smj.576

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.