Diversification, Industry Dynamism, and Economic Performance

The Impact of Dynamic-related Diversification on the Multi-business Firm

  • Matthias Knecht

Table of contents

  1. Front Matter
    Pages I-XXI
  2. Matthias Knecht
    Pages 1-13
  3. Matthias Knecht
    Pages 14-46
  4. Matthias Knecht
    Pages 47-89
  5. Matthias Knecht
    Pages 90-128
  6. Matthias Knecht
    Pages 129-187
  7. Matthias Knecht
    Pages 277-286
  8. Back Matter
    Pages 287-348

About this book


The decision to diversify lies at the core of corporate strategy and constitutes one of top management’s most important choices. Yet despite its importance and prominence within academic research, diversification remains subject to ongoing debate. Matthias Knecht introduces a new perspective on corporate diversification that extends the academic discussion and reveals substantial new insights. The author introduces the dynamism of industries as a dominant force in the environment that influences the diversified corporation on multiple levels. Due to similarities of businesses competing in similarly dynamic environments, synergistic benefits and superior economic performance can be realized through the combination of dynamic-related businesses in the corporate portfolio. This study provides a multidimensional operationalization of industry dynamism and an in-depth assessment of the dynamism of a wide range of industries. At the core of the study Knecht investigates the performance impact of dynamic-related diversification strategies. The results provide new insights into successful corporate portfolio construction in the face of today’s dynamic environments.




n  Corporate Diversification Strategies

n  Measurement of Industry Dynamism

n  Impact of Dynamism on the Multi-business Firm 

Target Groups
●          Scholars and students from the strategic management and finance disciplines

●          Corporate top managers interested in the performance effects of corporate        diversification strategies


About the Author

Dr. Matthias Knecht obtained his doctorate degree at Friedrich-Alexander University Erlangen-Nürnberg. He works as a strategy consultant.



Corporate Diversifcation Corporate Strategy Dynamic Environments Strategic Management

Authors and affiliations

  • Matthias Knecht
    • 1
  1. 1.Universität Erlangen-NürnbergErlangenGermany

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-658-02677-6
  • Copyright Information Springer Fachmedien Wiesbaden 2014
  • Publisher Name Springer Gabler, Wiesbaden
  • eBook Packages Business and Economics
  • Print ISBN 978-3-658-02676-9
  • Online ISBN 978-3-658-02677-6
  • About this book