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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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. Links and Patterns

. Links and Patterns

Chapter:
(p.58) 4. Links and Patterns
Source:
Pattern in Corporate Evolution
Author(s):

NEIL M. KAY

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199242115.003.0004

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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