The Neoinstitutional Theory and the Resource-based Theory in terms of Heterogeneity Versus Isomorphism and Conformity

Abstract

This article delves into the nuanced interrelationship among heterogeneity, isomorphism, conformity, and differentiation within the paradigm of contemporary neoinstitutional theory, enriched by the incorporation of the resource-based theory framework. It investigates the complex dynamics governing organizational behavior and strategic orientation through a sophisticated analytical lens. By amalgamating insights from neoinstitutional theory with the resource-based perspective, the study elucidates multifaceted mechanisms that shape organizational responses to external and internal stimuli. Central to this inquiry is the examination of how organizational diversity, isomorphic pressures, conformity imperatives, and strategic differentiation processes intersect and influence one another within the contemporary organizational landscape. Through meticulous examination and synthesis of theoretical underpinnings, this article offers a comprehensive understanding of the intricate dynamics driving organizational evolution and strategic decision-making in contexts.