The DOI matches its Crossref record; 9 of the 9 references it cites were found in a registry or an index.
The Effects of Slack Resources and Environmentalthreat on Product Exploration and Exploitation
Abstract
In a U.S. sample of nonprofit professional theaters, we examine how slack resources interact with environmental threat appraisal to influence product exploration and exploitation. We find systematic variation depending on the extent to which a resource is rare and absorbed in operations, and the extent of perceived environmental threats. Absorbed, generic resources are associated with increased exploitation and decreased exploration. Unabsorbed resources, both generic and rare, result in higher exploration and lower exploitation, but only when perceived environmental threat is high. Overall, results reveal pragmatic decision making balancing the benefits of superior strategic position against the risks of jeopardizing viability.
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Citations
Cites
Prospect Theory: An Analysis of Decision under Risk
Kahneman, D., & Tversky, A. (1979) · Econometrica · doi:10.2307/1914185 · Cited by 48,524
Firm Resources and Sustained Competitive Advantage
Barney, J. (1991) · Journal of Management · doi:10.1177/014920639101700108 · Cited by 48,334
Exploration and Exploitation in Organizational Learning
March, J. G. (1991) · Organization Science · doi:10.1287/orsc.2.1.71 · Cited by 21,942
Social Capital: Prospects for a New Concept
Adler, P. S., & Kwon, S.-W. (2002) · The Academy of Management Review · doi:10.2307/4134367 · Cited by 9,665 · cited 3×
“In sum, customer relationships translate to capital for the organization (cf. Adler & Kwon, 2002), and revenues accruing from relational customers are an indication of slack in customer relational capital.”
BackgroundOrganizational Strategy, Structure, and Process
Miles, R. E., Snow, C. C., Meyer, A. D., & Coleman, H. J. (1978) · Academy of Management Review · doi:10.5465/amr.1978.4305755 · Cited by 4,527
Consumer trust, value, and loyalty in relational exchanges
Sirdeshmukh, D., Singh, J., & Sabol, B. (2002) · Journal of Marketing · doi:10.1509/jmkg.66.1.15.18449 · Cited by 4,196
Self-citationExploration vs. Exploitation: An Empirical Test of the Ambidexterity Hypothesis
He, Z.-L., & Wong, P.-K. (2004) · Organization Science · doi:10.1287/orsc.1040.0078 · Cited by 3,737 · cited 1×
“Furthermore , exploration and exploitation may involve separate operational domains rather than opposite ends of a single decision continuum (He & Wong, 2004; Lavie & Rosenkopf, 2006).”
BackgroundReconceptualizing the Determinants of Risk Behavior
Sitkin, S. B., & Pablo, A. L. (1992) · The Academy of Management Review · doi:10.2307/258646 · Cited by 2,057
Siggelkow, N., & Levinthal, D. A. (2003) · Organization Science · doi:10.1287/orsc.14.6.650.24870 · Cited by 953
Cited by
Exploration and Exploitation Within and Across Organizations
Lavie, D., Stettner, U., & Tushman, M. L. (2010) · Academy of Management Annals · doi:10.1080/19416521003691287 · Cited by 1,650
Can You Gig It? An Empirical Examination of the Gig Economy and Entrepreneurial Activity
Burtch, G., Carnahan, S., & Greenwood, B. N. (2018) · Management Science · doi:10.1287/mnsc.2017.2916 · Cited by 785
The Importance of Slack for New Organizations Facing ‘Tough’ Environments
Bradley, S. W., Shepherd, D. A., & Wiklund, J. (2011) · Journal of Management Studies · doi:10.1111/j.1467-6486.2009.00906.x · Cited by 349
Building tourism organizational resilience to crises and disasters: A dynamic capabilities view
Jiang, Y., Ritchie, B. W., & Verreynne, M. (2019) · International Journal of Tourism Research · doi:10.1002/jtr.2312 · Cited by 312
Patel, P. C., Terjesen, S., & Li, D. (2012) · Journal of Operations Management · doi:10.1016/j.jom.2011.10.004 · Cited by 262
Metadata
- Authors
- Voss, G. B., Sirdeshmukh, D., & Voss, Z. G.
- Venue
- Academy of Management Journal
- Publisher
- Academy of Management
- Published
- 2008-02
- Volume
- 51
- Issue
- 1
- Pages
- 147-164
- ISSN
- 0001-4273 (ISSN-L)
- 1948-0989
- OpenAlex
- W2134595776
- Cited by
- 890
- References
- 9
- FWCI
- 67.21
- Type
- journal article
- Language
- en
- Open access
- closed
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- Voss, G. B., Sirdeshmukh, D., & Voss, Z. G. (2008). The Effects of Slack Resources and Environmentalthreat on Product Exploration and Exploitation. Academy of Management Journal. https://doi.org/10.5465/amj.2008.30767373
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
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.
