Abstract
The commentaries offered by Professors Joyce and Michael on our chapter, “Multilevel influences on firm performance: Implications from the resource-based view and strategic groups research,” provide a number of suggestions for incorporating levels of analysis into studies of firm performance. In this rejoinder to their comments, we note the need to include managers’ cognitions in studies, emphasize the role of theory in studying strategic groups, describe the value of creating conceptual clarity regarding strategic groups, and offer suggestions for studies that might emanate from the ideas in the commentaries in juxtaposition to our original work.
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