Selection versus evolutionary adaptation: Learning and post-entry performance
This paper examines the maturation process of firms that enter an industry by constructing new plant and investigates the extent to which improvements in the performance of any entry cohort are the result of a selection process that culls out the most inefficient entrants or of a learning process th...
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| Veröffentlicht in: | International journal of industrial organization 1995-12, Vol.13 (4), p.501-522 |
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| container_title | International journal of industrial organization |
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| creator | Baldwin, John R. Rafiquzzaman, Mohammed |
| description | This paper examines the maturation process of firms that enter an industry by constructing new plant and investigates the extent to which improvements in the performance of any entry cohort are the result of a selection process that culls out the most inefficient entrants or of a learning process that allows survivors to improve their performance relative to incumbent firms. Both selection and evolutionary learning are found to affect post-entry performance, but selection per se is a more important contributor to the overall growth of a cohort. |
| doi_str_mv | 10.1016/0167-7187(95)00502-1 |
| format | Article |
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| identifier | ISSN: 0167-7187 |
| ispartof | International journal of industrial organization, 1995-12, Vol.13 (4), p.501-522 |
| issn | 0167-7187 1873-7986 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_38845115 |
| source | RePEc; Elsevier ScienceDirect Journals; Periodicals Index Online |
| subjects | Business growth Economic models Economic performance Entry Growth rates Industrial adjustment Industrial economics Learning Market entry Organization development Selection Studies Success |
| title | Selection versus evolutionary adaptation: Learning and post-entry performance |
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