A Model of the Interaction of Strategic Behavior, Corporate Context, and the Concept of Strategy

Abstract

Based on a review of previous landmark studies and in the light of findings of recent research on internal corporate venturing, a model of the strategic process in large, complex firms is presented under which the propositions “structure follows strategy” and “strategy follows structure” can both be subsumed. Current corporate strategy induces some strategic behavior but changes in corporate strategy follow other, autonomous, strategic behavior.