Four decades of academic research on product diversification-performance relationship: analysis and foresight

This paper presents a critical review of past research on the relationship of product diversification to performance and suggests avenues for future research. Several perspectives provide rationalization for pursuing product diversification strategy but academic research on the relationship produced...

Full description

Bibliographic Details
Main Authors: Mehmood, Khawaja Khalid, Abdullah, Haim Hilman
Format: Article
Published: Inderscience Publishers 2017
Subjects:
_version_ 1825804846407614464
author Mehmood, Khawaja Khalid
Abdullah, Haim Hilman
author_facet Mehmood, Khawaja Khalid
Abdullah, Haim Hilman
author_sort Mehmood, Khawaja Khalid
collection UUM
description This paper presents a critical review of past research on the relationship of product diversification to performance and suggests avenues for future research. Several perspectives provide rationalization for pursuing product diversification strategy but academic research on the relationship produced inconsistent findings. Likewise, supremacy of related diversification against unrelated diversification also remains an unsolved mystery. The deployment of different product diversification measurement techniques, performance ratios, and application of multiple research designs contributed to the body of knowledge but also added to inconsistencies on the topic. Admitting the complexity of this topic, some researchers adopted contingency perspective of the relationship and contributed to this research area by studying the relationship of product diversification to performance through use of moderators. Future researchers need to test certain other crucial moderators in the context of this relationship along with ensuring careful selection of diversification measurement techniques and performance indicators.
first_indexed 2024-07-04T06:22:22Z
format Article
id uum-22990
institution Universiti Utara Malaysia
last_indexed 2024-07-04T06:22:22Z
publishDate 2017
publisher Inderscience Publishers
record_format eprints
spelling uum-229902018-02-13T00:56:43Z https://repo.uum.edu.my/id/eprint/22990/ Four decades of academic research on product diversification-performance relationship: analysis and foresight Mehmood, Khawaja Khalid Abdullah, Haim Hilman HD28 Management. Industrial Management This paper presents a critical review of past research on the relationship of product diversification to performance and suggests avenues for future research. Several perspectives provide rationalization for pursuing product diversification strategy but academic research on the relationship produced inconsistent findings. Likewise, supremacy of related diversification against unrelated diversification also remains an unsolved mystery. The deployment of different product diversification measurement techniques, performance ratios, and application of multiple research designs contributed to the body of knowledge but also added to inconsistencies on the topic. Admitting the complexity of this topic, some researchers adopted contingency perspective of the relationship and contributed to this research area by studying the relationship of product diversification to performance through use of moderators. Future researchers need to test certain other crucial moderators in the context of this relationship along with ensuring careful selection of diversification measurement techniques and performance indicators. Inderscience Publishers 2017 Article PeerReviewed Mehmood, Khawaja Khalid and Abdullah, Haim Hilman (2017) Four decades of academic research on product diversification-performance relationship: analysis and foresight. J. for Global Business Advancement, 10 (1). p. 43. ISSN 1746-966X http://doi.org/10.1504/JGBA.2017.081534 doi:10.1504/JGBA.2017.081534 doi:10.1504/JGBA.2017.081534
spellingShingle HD28 Management. Industrial Management
Mehmood, Khawaja Khalid
Abdullah, Haim Hilman
Four decades of academic research on product diversification-performance relationship: analysis and foresight
title Four decades of academic research on product diversification-performance relationship: analysis and foresight
title_full Four decades of academic research on product diversification-performance relationship: analysis and foresight
title_fullStr Four decades of academic research on product diversification-performance relationship: analysis and foresight
title_full_unstemmed Four decades of academic research on product diversification-performance relationship: analysis and foresight
title_short Four decades of academic research on product diversification-performance relationship: analysis and foresight
title_sort four decades of academic research on product diversification performance relationship analysis and foresight
topic HD28 Management. Industrial Management
work_keys_str_mv AT mehmoodkhawajakhalid fourdecadesofacademicresearchonproductdiversificationperformancerelationshipanalysisandforesight
AT abdullahhaimhilman fourdecadesofacademicresearchonproductdiversificationperformancerelationshipanalysisandforesight