A Modern Resource Based Approach to Unrelated Diversification
提出了一个基于资源基础观的不相关多元化概念模型，认为组织的动态能力、吸收能力和弱关系是驱动不相关多元化的三大支柱，并指出不相关多元化可以是有益的。
abstract For over three decades, the questions of how and why an organization diversifies into related and unrelated businesses have drawn the attention of strategy scholars. However, explanations of unrelated diversification have been less than clear. A conceptual model of unrelated diversification is thus proposed. In drawing on Penrose's (1959 ) resource based approach, unrelated diversification is explained by an organization's ‘three pillars’, which consist of its strength of dynamic capabilities, absorptive capacity, and weak ties. The role of the three pillars is to discover new resource applications or uses in conditions of market failure that are characterized by ‘incomplete’ markets. A novel feature of this model is that an organization can diversify more broadly than predicted by Penrose (1959 ) and other modern resource‐based approaches ( Teece et al., 1997 ). Furthermore, unrelated diversification can be beneficial. This study also offers suggestions to measure the three pillars; its contributions and implications are discussed as well.