Performance Differentials Between Diversifying Entrants and Entrepreneurial start-ups: A Complexity Approach
通过模拟产业为NKC景观,研究企业进入特征与后续绩效的关系,发现环境动荡时多元化进入者表现更好,而后期学习更有利于创业型初创企业。
We investigate the relationship between firms’entry characteristics and their subsequent performance as contingent on environmental turbulence and stage of industry life cycle by simulating industry as an NKC landscape. Diversifying entrants differ from entrepreneurial start-ups in terms of the complexity of their routines. We posit that diversifying entrants outperform entrepreneurial start-ups when turbulence is high. Further, learning—possible in later industry stages—disproportionately favors entrepreneurial start-ups.