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Selection and Variation in Organizational Evolution

Carroll, Glenn R; Harrison, J. Richard; McKendrick, David

Description

Many organizational populations display increasing variation over time in characteristics thought to be central to survival, as we show here for hard disk drive producers. We develop a simple model that might account for this pattern. In it, technological advance follows a trajectory consistent with a proportionate random process (akin to a Gibrat process) that favors technology leaders but only stochastically. We demonstrate through computer simulations that evolution in an organizational...[Show more]

CollectionsANU Research Publications
Date published: 2011
Type: Journal article
URI: http://hdl.handle.net/1885/31944
Source: Industrial and Corporate Change
DOI: 10.1093/icc/dtr077

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