Economic rents and legitimacy: incorporating elements of organizational analysis institutional theory to the field of business strategy
Autor(a) principal: | |
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Data de Publicação: | 2007 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | RAC. Revista de Administração Contemporânea (Online) |
Texto Completo: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S1415-65552007000500009 |
Resumo: | Are sources of economic rent, as defined by the prevalent business strategy paradigm, sufficient to attain and maintain superior returns? The perspective developed within the conceptual framework of the Institutional Theory may offer managers a contribution towards understanding the strategy process and its potentialities, particularly by stressing the leading role played by legitimacy, the influence of many institutional spheres, the isomorphic pressures, ceremonial behavior and decoupling, among other elements, that mainstream business strategy fails to address directly, but which may have a significant effect on firm performance. We advance that these elements must be accounted for in the pursuit and acquisition of economic rents, even if the ability to articulate them purposefully is constrained by rationality, agency conditions and the manager's social embeddedness. |
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Economic rents and legitimacy: incorporating elements of organizational analysis institutional theory to the field of business strategystrategyinstitutional theorylegitimacyinstitutional strategyAre sources of economic rent, as defined by the prevalent business strategy paradigm, sufficient to attain and maintain superior returns? The perspective developed within the conceptual framework of the Institutional Theory may offer managers a contribution towards understanding the strategy process and its potentialities, particularly by stressing the leading role played by legitimacy, the influence of many institutional spheres, the isomorphic pressures, ceremonial behavior and decoupling, among other elements, that mainstream business strategy fails to address directly, but which may have a significant effect on firm performance. We advance that these elements must be accounted for in the pursuit and acquisition of economic rents, even if the ability to articulate them purposefully is constrained by rationality, agency conditions and the manager's social embeddedness.Associação Nacional de Pós-Graduação e Pesquisa em Administração2007-01-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S1415-65552007000500009Revista de Administração Contemporânea v.11 n.spe1 2007reponame:RAC. Revista de Administração Contemporânea (Online)instname:Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD)instacron:ANPAD10.1590/S1415-65552007000500009info:eu-repo/semantics/openAccessQueiroz,Marco Aurélio Lima deVasconcelos,Flávio Carvalho deGoldszmidt,Rafael Guilherme Bursteineng2008-01-17T00:00:00Zoai:scielo:S1415-65552007000500009Revistahttps://rac.anpad.org.br/index.php/racONGhttps://rac.anpad.org.br/index.php/rac/oairac@anpad.org.br1982-78491415-6555opendoar:2008-01-17T00:00RAC. Revista de Administração Contemporânea (Online) - Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD)false |
dc.title.none.fl_str_mv |
Economic rents and legitimacy: incorporating elements of organizational analysis institutional theory to the field of business strategy |
title |
Economic rents and legitimacy: incorporating elements of organizational analysis institutional theory to the field of business strategy |
spellingShingle |
Economic rents and legitimacy: incorporating elements of organizational analysis institutional theory to the field of business strategy Queiroz,Marco Aurélio Lima de strategy institutional theory legitimacy institutional strategy |
title_short |
Economic rents and legitimacy: incorporating elements of organizational analysis institutional theory to the field of business strategy |
title_full |
Economic rents and legitimacy: incorporating elements of organizational analysis institutional theory to the field of business strategy |
title_fullStr |
Economic rents and legitimacy: incorporating elements of organizational analysis institutional theory to the field of business strategy |
title_full_unstemmed |
Economic rents and legitimacy: incorporating elements of organizational analysis institutional theory to the field of business strategy |
title_sort |
Economic rents and legitimacy: incorporating elements of organizational analysis institutional theory to the field of business strategy |
author |
Queiroz,Marco Aurélio Lima de |
author_facet |
Queiroz,Marco Aurélio Lima de Vasconcelos,Flávio Carvalho de Goldszmidt,Rafael Guilherme Burstein |
author_role |
author |
author2 |
Vasconcelos,Flávio Carvalho de Goldszmidt,Rafael Guilherme Burstein |
author2_role |
author author |
dc.contributor.author.fl_str_mv |
Queiroz,Marco Aurélio Lima de Vasconcelos,Flávio Carvalho de Goldszmidt,Rafael Guilherme Burstein |
dc.subject.por.fl_str_mv |
strategy institutional theory legitimacy institutional strategy |
topic |
strategy institutional theory legitimacy institutional strategy |
description |
Are sources of economic rent, as defined by the prevalent business strategy paradigm, sufficient to attain and maintain superior returns? The perspective developed within the conceptual framework of the Institutional Theory may offer managers a contribution towards understanding the strategy process and its potentialities, particularly by stressing the leading role played by legitimacy, the influence of many institutional spheres, the isomorphic pressures, ceremonial behavior and decoupling, among other elements, that mainstream business strategy fails to address directly, but which may have a significant effect on firm performance. We advance that these elements must be accounted for in the pursuit and acquisition of economic rents, even if the ability to articulate them purposefully is constrained by rationality, agency conditions and the manager's social embeddedness. |
publishDate |
2007 |
dc.date.none.fl_str_mv |
2007-01-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S1415-65552007000500009 |
url |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S1415-65552007000500009 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.1590/S1415-65552007000500009 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Associação Nacional de Pós-Graduação e Pesquisa em Administração |
publisher.none.fl_str_mv |
Associação Nacional de Pós-Graduação e Pesquisa em Administração |
dc.source.none.fl_str_mv |
Revista de Administração Contemporânea v.11 n.spe1 2007 reponame:RAC. Revista de Administração Contemporânea (Online) instname:Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD) instacron:ANPAD |
instname_str |
Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD) |
instacron_str |
ANPAD |
institution |
ANPAD |
reponame_str |
RAC. Revista de Administração Contemporânea (Online) |
collection |
RAC. Revista de Administração Contemporânea (Online) |
repository.name.fl_str_mv |
RAC. Revista de Administração Contemporânea (Online) - Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD) |
repository.mail.fl_str_mv |
rac@anpad.org.br |
_version_ |
1754209051024031744 |