From Zero to Hero: How to Predict and Manage High Velocity Evolution
| Autor: | James M. Wheeler, Mark P. Sharfman |
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| Rok vydání: | 2014 |
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| Zdroj: | Academy of Management Proceedings. 2014:13933 |
| ISSN: | 2151-6561 0065-0668 |
| DOI: | 10.5465/ambpp.2014.13933abstract |
| Popis: | This paper explores the existence and role of high velocity evolution. Specifically, this paper posits that organizational evolution is not a monolithic process and that innovation is the source of high velocity evolution. The timing of the evolutionary process can be greatly accelerated under certain circumstances. This paper suggests that innovation, and the paces of the innovation adoption are strong determinants of rapid selection and high velocity evolution. This paper also suggests that four antecedents are present in a high velocity evolutionary model. Specifically, the functional value, hedonistic attributes, switching costs and satisfaction, all determined by the consumer, are antecedents to rapid innovation adoption causing high velocity evolution. The occurrence of high velocity evolution can propel a new venture or an existing firm into unimagined success, but the results of high velocity evolution enacted by a firm, while generally desirable, can have extreme effects on the firm, and in some ... |
| Databáze: | OpenAIRE |
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