The "Austrian" school of strategy

Article Abstract:

Although traditional industrial organization continues to serve as one of the conceptual foundations for strategic thinking and research, many of its premises have come under widespread criticism. Industrial organization largely ignores, despite their importance, change, uncertainty, and disequilibrium in the business environment. Because these fundamental characteristics are cornerstones of the Austrian School of Economics, this doctrine offers unique strategic perspectives. The Austrian emphasis on "the market process" and entrepreneurial discovery establishes a framework for both strategy formulation and research. (Reprinted by permission of the publisher.)

Methods, Beliefs, opinions and attitudes, Strategic planning (Business), Neoclassical economics, Austrian school of economics

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The organizational taxonomy: definition and design

Article Abstract:

Organizational typologies provide an effective data storage and retrieval system, as well as a means for theory development. However, existing typologies are typically limited, failing to meet broad standards. This article discusses contemporary organizational classification in the context of empirical, theoretical, and evolutionary perspectives. Consideration is given to the theoretical and numerical basis for grouping organizations, and an overview is provided of the conceptual and operational development of hierarchial taxonomies and the selection of organizational variables. (Reprinted by permission of the publisher.)

Business enterprises, Identification and classification, Industries, Information storage and retrieval systems

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Toward a taxonomy of multidimensional constructs

Article Abstract:

We propose a taxonomy of multidimensional constructs based on the relations between the construct and its dimensions. Multidimensional constructs that exists at deeper levels than their dimensions we term latent model. we call constructs formed as algebraic functions of their dimensions aggregate model, whereas constructs formed as different profiles of dimensional characteristics we term profile model. We discuss the nature of multidimensional constructs defined under these models and their operationalizations in empirical research. (Reprinted by permission of the publisher.)

Models, Analysis, Multivariate analysis, Variables (Mathematics), Dimensions, Dimensions (Measurement)

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