Measuring and Testing Industry Effects in Strategic Management Research
通过三项研究,考察了战略管理学者如何测量和检验行业效应,发现不控制行业效应的文章比例下降,但单一行业研究增多;不同行业效应测量方式多样,且实证结果因测量方式不同而有差异。
The authors examine how strategy scholars have measured and tested industry effects. They report findings from three studies. First, they replicate the Dess, Ireland, and Hitt (1990) article on industry controls in strategic management research using a new sample of studies published during 2000 to 2009, finding that there has been a decrease in the proportion of articles that do not control for industry effects at all and at the same time noting a significant increase in the number of single-industry studies. Second, they employ a fine-grained content analysis of articles published in the Strategic Management Journal at three different points during the study period to identify the different ways that industry effects have been considered. Findings depict a myriad of highly diverse industry-level measures that researchers have applied. Third, they test the empirical implications of applying different measures of one particular industry characteristic, industry performance. They demonstrate that empirical findings and the interpretation of theoretical models can differ based on how industry effects are incorporated. Recommendations are offered for guiding future research about how to examine industry effects.