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Corporate Renewal across Businesses and Countries

Author

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  • Heather Berry
  • Aseem Kaul

Abstract

This study brings together research in corporate strategy and international business to develop an integrated theoretical framework of corporate renewal in diversified firms. We distinguish between two approaches to corporate renewal: resource exploitation in response to changes in output markets; and resource augmentation in response to changes in input markets. Although both types of renewal take advantage of a diversified firms' access to a wider range of markets, they represent fundamentally different mechanisms, making it important to distinguish between them. Overall, our study offers a conceptual bridge between parallel work in the corporate strategy and international business research streams, while highlighting important opportunities for future research for both literatures.

Suggested Citation

  • Heather Berry & Aseem Kaul, 2021. "Corporate Renewal across Businesses and Countries," Strategic Management Review, now publishers, vol. 2(2), pages 205-233, September.
    • Handle: RePEc:now:jnlsmr:111.00000026
    DOI: 10.1561/111.00000026
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    Citations

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    Cited by:

    1. Heather Berry & Aseem Kaul & Narae Lee, 2021. "Follow the smoke: The pollution haven effect on global sourcing," Strategic Management Journal, Wiley Blackwell, vol. 42(13), pages 2420-2450, December.
    2. Constance E. Helfat & Aseem Kaul & David J. Ketchen & Jay B. Barney & Olivier Chatain & Harbir Singh, 2023. "Renewing the resource‐based view: New contexts, new concepts, and new methods," Strategic Management Journal, Wiley Blackwell, vol. 44(6), pages 1357-1390, June.
    3. Heather Berry & Aseem Kaul, 2024. "What drives global product integration? An empirical update," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 55(2), pages 252-269, March.

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