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...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
John Wiley and Sons Ltd
2019
|
Subjects: | |
Online Access: | View Fulltext in Publisher |