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Using narrative theory, this paper explores strategic management as a form of fiction. After introducing several key narrative concepts, it discusses the challenges strategists have faced in making strategic discourse both credible and novel and considers how strategic narratives may change within the “virtual” organization of the future. A number of(More)
This paper investigates strategic consistency in competitive behavior. We construct a logically consistent evolutionary model, providing a causal argument to link a level of strategic consistency to long-term organizational survival. According to our results, strategic consistency seems to be related to both organizational survival and the most efficient(More)
Using narrative theory, this paper explores strategic management as a form of fiction. After introducing several key narrative concepts, it discusses the challenges strategists have faced in making strategic discourse both credible and novel and considers how strategic narratives may change within the “virtual” organization of the future. A number of(More)
This paper reviews the technological, structural, and strategic change within the global pharmaceutical industry, which started in 1973 with the success of recombinant DNA. These changes significantly impact the industry paradigm and the strategy logic of a firm. We then focus on the developments within the Finnish biotechnology industry during the past(More)
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