Document Type

Article

Language

eng

Format of Original

19 p.

Publication Date

2011

Publisher

Wiley

Source Publication

Decision Sciences

Source ISSN

0011-7316

Abstract

As managers weigh their resource investment decisions, we argue that these investments have a direct impact on the growth and volatility of the firm’s industry. With data covering 377 industries across 16 years, we investigate relationships for aggregate firm investments on the growth and volatility of industry profit and sales. Results reveal important, complex relationships between investment in value creation and appropriation and different elements of the industry environment.

Comments

Published version. Decision Sciences, Vol. 42, No. 2 (May, 2011): 511-529. DOI. © Wiley 2011. Used with permission.

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