from Part III - Theoretical Resources: Organization and Management Theories
Published online by Cambridge University Press: 11 March 2025
Michael Smets, Royston Greenwood and Mike Lounsbury show the potential of institutional theory for strategy as practice and its acceleration since 2015. As one of the most vital research areas of organization theory, institutional perspectives bring new insights for the understanding of strategic activities and practice. More precisely, it can help understand the linkage between the different levels of strategic activities but also the internal life of institutions. As a result, scholars in the fields of institutional theory and strategy as practice have begun to reach out to each other to broaden and nuance their respective theorizing. They identify natural points of connection between the two literatures and outline a research agenda for future studies at the intersection of institutional theory and strategy as practice.
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