Sequencing and timing of strategic responses after industry disruption: Evidence from post-deregulation competition in the US railroad industry
研究了行业重大颠覆后企业战略响应的顺序和时机，发现连续响应的模式而非单一选择决定了企业的适应与生存，强调了顺序方法的重要性。
This article examines the sequencing and timing of firms’ strategic responses after significant industry disruption. We show that it is not the single strategic choice or response per se, but the sequencing and patterns of consecutive strategic responses that drive a firm’s adaptation and survival in the aftermath of a shift in the industry. We find that firms’ renewal efforts involved differential adaptability in finding balance at the juxtaposition of responding to demand-side pressures and choosing a path of new capability acquisition efficiently. Our study underscores the importance of taking a sequencing approach to studying strategic responses to industry disruption.