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Pattern in Corporate Evolution$
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Neil M. Kay

Print publication date: 2000

Print ISBN-13: 9780199242115

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199242115.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 09 May 2021

. Links and Patterns

. Links and Patterns

(p.58) 4. Links and Patterns
Pattern in Corporate Evolution


Oxford University Press

This chapter explores the logic of corporate specialization and explores the reasons for diversification. It examines firm survival and selection processes, analyses diversification as a response to environmental pressures, and considers how diversification transforms the nature of the environmental selection processes facing the firm at corporate level. The chapter discusses the patterns of linkages and their role in defining the nature of corporate strategies. It also examines the double-edge nature of links, which provide both internal economies and shared vulnerability to external threats.

Keywords:   corporate specialization, diversification, firm, linkages, corporate strategies, links

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