2015
DOI: 10.1080/00208825.2015.1006035
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Path Dependence in the Evolution of the Business Portfolio Configuration of Large Multi-business Firms

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“…When on a dependent path, past decisions inform present decisions. 20 Even if prior decisions were inefficient or unideal, if the status quo suffices, it remains. 21 Early organizational choices set paths that lead to difficultto-change ways of thinking 22 and create programmed and automatic responses to events.…”
Section: Critical Junctures and Dependent Path Theorymentioning
confidence: 99%
“…When on a dependent path, past decisions inform present decisions. 20 Even if prior decisions were inefficient or unideal, if the status quo suffices, it remains. 21 Early organizational choices set paths that lead to difficultto-change ways of thinking 22 and create programmed and automatic responses to events.…”
Section: Critical Junctures and Dependent Path Theorymentioning
confidence: 99%