Are more resources always better for growth? Resource stickiness in market and product expansion

By Yuri Mishina, Timothy G. Pollock, Joseph Porac. 2004

756 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/76243dfab1f18f9d3a2a987ef34d8b3fc46ba4a5

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Citations in the corpus

Driving forces and barriers of Industry 4.0: Do multinational and small and medium-sized companies have equal opportunities? (2019, background): “Other scholars, however, have argued that slack resources can be a disadvantage and lead to suboptimal organizational performance (March and Simon, 1958; Mishina et al., 2004; Penrose, 1995; Simon, 1957; Wiseman and Bromiley, 1996).”
Advancing Firm Growth Research: A Focus on Growth Mode Instead of Growth Rate (2010, background): “Murphy, Trailer, and Hill (1996) find that one positive predictor of growth may actually be a negative predictor of another type of growth.”
Resource Search, Interpersonal Similarity, and Network Tie Valuation in Nascent Entrepreneurs’ Emerging Networks (2012, background): “As noted by Mishina, Pollock, and Porac (2004), this “more is better” perspective has been cited repeatedly in research that explores the link between established organizations and firm expansion.”
Factor-Market Rivalry (2009, background): “In other words, most resources are diffused and embedded; their extractability from operating units is disruptive, and their transportability to or tradability with other users is costly (Barney, 1986; Mishina et al., 2004; Peteraf, 1993b).”
Kinship in Entrepreneur Networks: Performance Effects of Resource Assembly in Africa (2014, result): “Our findings reveal that more resources lead to higher firm performance, whereas higher costs reduce firm performance, and confirm prior studies (Baker & Nelson, 2005; Coleman, 2007; Mishina et al., 2004).”
The Relationship between Slack Resources and the Performance of Entrepreneurial Firms: The Role of Venture Capital and Angel Investors (2013, positive): “Our measure is similar to previous studies which defined human resource slack as the number of employees relative to sales adjusted for industry norms (Mellahi and Wilkinson, 2010; Mishina et al., 2004; Voss et al., 2008).”
Explaining growth paths of young technology‐based firms: structuring resource portfolios in different competitive environments (2011, background): “Mishina, Pollock, and Porac (2004) suggest that in different environmental circumstances, the level of fi nancial and human resources has a differential impact on sales growth.”
Added Psychic Distance Stimuli and MNE Performance: Performance Effects of Added Cultural, Governance, Geographic, and Economic Distance in MNEs' International Expansion (2014, neutral): “But, a closer consideration of the two literatures reveals that managing distance in the context of international expansion may substantially differ from managing distance in the context of multinationality (Mishina et al., 2004).”
Managerial capabilities and paths to growth as determinants of high-growth small and medium-sized enterprises (2011, result): “Mishina et al. (2004) frame such relationship thus: Conceptualizing the logics of growth in this way (as a combination of products and markets for products) is consistent with the perspective of growth held by early resource based theorists.”
Slack resources, firm performance, and the institutional context: Evidence from privately held European firms (2017, methodology): “employees (measured in full-time equivalents) scaled by total sales (Mellahi and Wilkinson, 2010; Mishina et al., 2004; Welbourne et al., 1999).”
Firm and industry effects on firm performance: A generalization and extension for new ventures (2009, background): “While new fi rms may have the fl exibility and discretion to change as they see fi t, they may lack the slack resources to do so. Availability of slack resources is strongly related to the ability of new fi rms to adapt to complex environments (Tan and Peng, 2003) and develop methods for growth, suc”
Less is More, or Not? On the Interplay between Bundles of Slack Resources, Firm Performance and Firm Survival (2015, positive): “Second, extant research suggests that firms with slack in one type of resource do not necessarily have slack in other types of resources; in other words, empirically, correlations between different types of slack are generally low (Mishina et al., 2004; Voss et al., 2008).”