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An empirical research on the patterns and influencing
factors of strategy formation processes |
| LI Yugang , HU Junlian |
| School of Business, East China University of Science and Technology, Shanghai 200237, China |
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Abstract Using data collected from 126 firms, this article attempts to classify different patterns of strategy formation process and identify organizational factors influencing the processes. Based on a clustering analysis method, we identify four patterns of strategy formation processes varying in main characteristics, such as command, adaptive, vision, and external constraints, etc. We also find that a firm’s ownership type and its development stage have significant effects on strategy formation processes.
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Issue Date: 05 June 2008
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