IDEAS home Printed from https://ideas.repec.org/a/zag/zirebs/v17y2014i2p83-96.html
   My bibliography  Save this article

Cognitive Structure, Managers’ Shared Social Understanding: From Psychological and Sociological Concepts to Managerial Strategic Choices

Author

Listed:
  • Nikša Alfirević Jurica Pavičić Vladimir Gnjidić

    (University of Split, Faculty of Economics, Split, Croatia University of Zagreb, Faculty of Economics and Business, Zagreb,Croatia)

Abstract

In this paper, the cognitions of industry participants are explored, by analyzing the shared social understanding of the industry (‘mental models’, ‘industry recipes’) as a factor limiting the pursuit of innovative strategies. It is hypothesized that the managers’ interpretation of Porter’s fi ve industry forces, within a given industry, represent the ‘cognitive’ proxy for performance, since shared cognitions represent the (self) imposed performance limitations. The empirical research has been conducted in the Croatian food & beverage industry, where CEOs of mid-sized and large enterprises have been surveyed. Initial support for this hypothesis is provided, since the perceived industry impact (measured by the INDUSTRUCT construct) has been empirically linked to the managers’ strategic behavior pattern. In addition, the discriminant analysis demonstrated that it is possible to forecast the specifi c strategic behavior archetype by analyzing the cognition of the industry’s structure. Implications for both theory and managerial practice are discussed. JEL Classification: L22

Suggested Citation

  • Nikša Alfirević Jurica Pavičić Vladimir Gnjidić, 2014. "Cognitive Structure, Managers’ Shared Social Understanding: From Psychological and Sociological Concepts to Managerial Strategic Choices," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 17(2), pages 83-96, November.
    • Handle: RePEc:zag:zirebs:v:17:y:2014:i:2:p:83-96
    as

    Download full text from publisher

    File URL: http://www.efzg.unizg.hr/default.aspx?id=21851
    Download Restriction: Abstract only available on-line
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    cognition; industry; structure; Croatia;
    All these keywords.

    JEL classification:

    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zag:zirebs:v:17:y:2014:i:2:p:83-96. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jurica Šimurina (email available below). General contact details of provider: https://edirc.repec.org/data/fefzghr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.