A Multidimensional Conceptualization of Environmental Velocity

Academy of Management Review, Vol. 35, No. 4, 604-626, 2010

23 Pages Posted: 15 Dec 2013

See all articles by Ian P. McCarthy

Ian P. McCarthy

Simon Fraser University (SFU) - Beedie School of Business

Thomas B. Lawrence

Simon Fraser University

Brian Wixted

Simon Fraser University (SFU)

Brian R. Gordon

Simon Fraser University (SFU)

Date Written: October 23, 2010

Abstract

Environmental velocity has emerged as an important concept but remains theoretically underdeveloped, particularly with respect to its multidimensionality. In response, we develop a framework that examines the variations in velocity across multiple dimensions of the environment (homology) and the causal linkages between those velocities (coupling). We then propose four velocity regimes based on different patterns of homology and coupling and argue that the conditions of each regime have important implications for organizations.

Keywords: high-velocity, environmental velocity, dynamism, innovation, fashion, biotechnology, homology, coupling, temporal, monochronic, polychronic, strategic change, entrainment

JEL Classification: L10, L20, M10, M20, M10

Suggested Citation

McCarthy, Ian P. and Lawrence, Thomas B. and Wixted, Brian and Gordon, Brian R., A Multidimensional Conceptualization of Environmental Velocity (October 23, 2010). Academy of Management Review, Vol. 35, No. 4, 604-626, 2010, Available at SSRN: https://ssrn.com/abstract=1696371

Ian P. McCarthy (Contact Author)

Simon Fraser University (SFU) - Beedie School of Business ( email )

8888 University Drive
Burnaby, British Columbia V5A 1S6
Canada

Thomas B. Lawrence

Simon Fraser University ( email )

8888 University Drive
Burnaby, British Colombia V5A 1S6
Canada

Brian Wixted

Simon Fraser University (SFU) ( email )

8888 University Drive
Burnaby, British Columbia V5A 1S6
Canada

Brian R. Gordon

Simon Fraser University (SFU) ( email )

8888 University Drive
Burnaby, British Columbia V5A 1S6
Canada

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