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• W3138701892 abstract "Abstract This research explores the relationship between business strategy and survival. Seven annual panels of longitudinal data enable us to study riskiness (likelihood of failure) as a function of business strategy. We find failure rates are higher for those businesses with purer strategy positions. Two mechanisms are offered as potential explanations for this result: robustness and adaptability. While prior research has found pure strategies have higher returns, our findings suggest that pursuing a hybrid strategy may be an entirely reasonable choice, balancing risk and return." @default.
• W3138701892 created "2021-03-29" @default.
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• W3138701892 date "2021-03-19" @default.
• W3138701892 modified "2023-10-18" @default.
• W3138701892 title "Risky business: How strategy relates to survival" @default.
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• W3138701892 doi "https://doi.org/10.1002/cjas.1609" @default.
• W3138701892 hasPublicationYear "2021" @default.
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