Adaptation across multiple landscapes: Relatedness, complexity, and the long run effects of coordination in diversified firms

Research Summary: We study the effect of coordination between businesses on the adaptation of diversified firms. Using a simulation-based approach, we show that coordination between businesses limits adaptation, causing the relative performance of diversified firms to decline relative to their focus...

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Bibliographic Details
Main Authors: Chen, M. (Author), Kaul, A. (Author), Wu, B. (Author)
Format: Article
Language:English
Published: John Wiley and Sons Ltd 2019
Subjects:
Online Access:View Fulltext in Publisher