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