A1 Refereed original research article in a scientific journal

Why history matters: Micro-and macro-foundations in a corporate de alio spinoff




AuthorsKriz Alexandra, Eriksson Taina, Ketolainen Mari

PublisherElsevier

Publication year2021

JournalIndustrial Marketing Management

Journal name in sourceINDUSTRIAL MARKETING MANAGEMENT

Journal acronymIND MARKET MANAG

Volume95

First page 142

Last page154

Number of pages13

ISSN0019-8501

DOIhttps://doi.org/10.1016/j.indmarman.2021.03.005


Abstract
Much of the discussion surrounding dynamic capabilities has focused on mature and established corporate enterprises escaping core rigidities. Less understood is the role of dynamic capabilities in corporate spinoffs that represent a category of de alio ("from others"). These firms offer a novel context when investigating dynamic capabilities, as they are technically "new" firms yet demonstrate a level of establishment due to privileged access to resources from a corporate parent. We explore how incubation and attachment to a parent influences tacit and explicit transfer of resources and supports sensing and seizing in the early growth corporate de alio spinoff, promoting opportunities for transformation as the spinoff matures. Through an analysis of a longitudinal, empirical, illustrative case, we integrate Garnsey's Penrosean-inspired Theory of the Early Growth of the Firm with Teece's dynamic capabilities framework to illustrate how micro- and macro-foundations of dynamic capabilities unfold in a corporate de alio spinoff during incubation and following spinoff. This study builds an understanding of how corporate de alio spinoffs can more successfully navigate ambiguity by leveraging dynamic capabilities, the foundations of which emerge in a parent entity.



Last updated on 2024-26-11 at 17:33