Institutional Change and Firm Adaptation
2001-02-14
Research Paper
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We develop a typology of organizational forms found in Southeast Asia that contains four major archetypes, Colonial Business Groups, Family Business Groups, Government Linked Enterprises, and New Managers. We explain how the institutional environment prevailing at their founding profoundly influence the strategies and capabilities of each form. Consequently, strategic repertoires and competencies that are imperfectly aligned with environmental conditions largely delimit the capacity for organizational adaptation in the face of environmental change. We discuss the consequences of such a pattern of path dependence for each organizational form as well as the social and economic systems in which they are embedded.
Keywords
- family business groups
- Southeast Asia
- colonial business groups
- institutional change
- organizational adaptation
Classifications using
Journal of Economic Literature (JEL) Classification System
- M : Business Administration and Business Economics; Marketing; Accounting
- L22 : Firm Organization and Market Structure: Markets vs. Hierarchies; Vertical Integration; Conglomerates
- L20 : Firm Objectives, Organization, and Behavior: General
- D21 : Firm Behavior
Automatically Extracted Terms
- business
- asset
- asian
- investment
- market
- management
- manager
- growth
- development
- capital
- enterprise
- chinese
- activity
- group
- government
- family
- region
- industry
- university
- organisation
