Abstract
This study develops and tests a behavioral model of diversification responses to environmental uncertainties. Regression results using an international data set provide strong support for the general proposition that uncertainties associated with different environmental components--political, government policy, macroeconomic, competitive, input, and product demand uncertainties--have different implications for firm product and international market diversification.
Tech Report Number
1994-005
Date of this Version
1-1-1994
Recommended Citation
Miller, Kent D., "Diversification Responses to Environmental Uncertainties" (1994). Purdue CIBER Working Papers. Paper 82.
https://docs.lib.purdue.edu/ciberwp/82