A new study in the Strategic Management Journal written by Heewon Chae helps shed light on how the COVID-19 crisis influences retail firms’ business portfolio and product offerings. In this study, Chae investigated how residents’ income and education levels of … Continue reading Income or Education? Community-level Antecedents of Firms’ Category-spanning Activities
Originally published at SMS Journals Press Releases Despite the increasing frequency and severity of floods, storms, wildfires and other natural hazards, some firms in disaster-prone areas prepare while others do not. That issue was examined in a new study by … Continue reading Natural Disasters are Increasing: New Research Examines Why Some Firms Prepare and Others Don’t
By Sen Chai and Richard Freeman In a world of ever-expanding knowledge where research has become increasingly complex, scientific funding ever so uncertain, and where frontier-pushing research requires labor to be divided among researchers, our work in the Strategic Management … Continue reading Revisiting Temporary Colocation and Collaborative Discovery in an Age of Virtual Conferences
by Pavida Pananond, Gary Gereffi, and Torben Pedersen The coronavirus pandemic (COVID-19) has evidently become the single most disruptive event in recent months. The scale of disruptions caused by the sudden shock to global movement of goods, services and people, … Continue reading Coronavirus Consequences on Global Value Chains
A Virtual Special Issue edited by Matthias Wenzel, Sarah Stanske, and Marvin Lieberman
Currently, the pandemic crisis is affecting the lives of people and organizations around the world. As the coronavirus continues to spread, more and more governments are implementing strong measures to save people’s lives, such as the prohibition of events, lockdowns, and shutdowns. These measures contribute to slowing down the spread of the coronavirus in order to avoid lethal capacity overloads of national healthcare systems. At the same time, they threaten the survival of firms across all sectors and industries at a global scale—with potentially devastating individual, societal, and economic outcomes, such as massive job losses and social precarity. Therefore, the corona crisis raises important questions about how firms can respond effectively to crises such as the current pandemic.
In this Virtual Special Issue, we gather and discuss key articles published in the journals of the Strategic Management Society (SMS) that shed light on how firms respond to crisis. Our overview focuses on 13 articles that substantially inform our understanding of this issue.Continue reading “Strategic Responses to Crisis”