The Parenting Paradox: How Multibusiness Diversifiers Endorse Disruptive Technologies While Their Corporate Children Struggle
研究发现,进入颠覆性技术催生的新行业的多元化企业,其子公司比独立初创企业存活率更低,但作为行业整体却更强地促进了其他组织的生存,形成悖论。基于1975-1994年美国个人电脑行业数据验证。
We examine the role of multibusiness corporations in the development of young industries. We propose and find that established firms diversifying into a new industry that owes its birth to a disruptive technological change give birth to corporate children that are both weaker survivors than freestanding start-ups and stronger legitimators of the industry as a whole. Thus, corporate parents promote the survival of other organizations in this type of young industry while hindering the survival of their own offspring. Using event history models, we examine this paradox in the U.S. personal computer industry from 1975 through 1994.