Nothing Endures but Change: Studying Changes in Industry Choice and Determinism*

Abstract

Much of the extant management research implies that the existence of industries and organizations depends on variables and factors largely beyond their control, and survival is the result of a happy confluence of their origins, events, and growth rather than actions of conscious volition. The authors suggest that industry circumstances can be overcome. So, rather than studying rates of organization population change as effects of environmental change, the authors propose that some managerial actions can be taken that, in the aggregate, will affect the industry context. Changes in concentration should influence the environment in which industry members will compete later. Migration moves and rationalization of production facilities, along with organization population pressures, should exert strong influences on changes in the industry environments. Such findings suggest that some degree of strategic choice is at work and that firms have some discretionary choice in their industries.

Citation

Sheppard, J.P. and Chowdhury, S.D. (2020), "Nothing Endures but Change: Studying Changes in Industry Choice and Determinism* ", Andersen, T.J. and Torp, S.S. (Ed.) Adapting to Environmental Challenges: New Research in Strategy and International Business (Emerald Studies in Global Strategic Responsiveness), Emerald Publishing Limited, Leeds, pp. 19-34. https://doi.org/10.1108/978-1-83982-476-020200002