Growing Through Innovation Replicability: The Role of Investment in Routine Adaptation

Juliana Hsuan, Moren Lévesque

Publikation: Bidrag til bog/antologi/rapportKonferencebidrag i proceedingsForskningpeer review

Resumé

We propose a formal model of firm growth through replication that considers the extent of the investment to adapt routines as replication unfolds and the portion of this investment that goes toward innovation in the routines. The use of these two investment constructs brings about four types of growth policies. We use a utility function that considers proxies for both growth and failure potential to uncover the role played in selecting these policies by the economic environment of the targeted market for expansion. Our analysis further reveals the importance of the innovation-relative-to-imitation investment efficiency in adapting the routines to be replicated while selecting a growth policy. The refinement of a replication theory through our
analysis of growth policies result in two testable hypotheses.
OriginalsprogEngelsk
TitelPOMS 2012 : 23rd Annual Conference of the Production and Operations Management Society
RedaktørerTobias Schoenherr, Sahil Seshadri
Antal sider36
Udgivelses stedChicago
ForlagThe University of Chicago Booth School of Business
Publikationsdato2012
ISBN (Trykt)9780615618586, 0615618588
StatusUdgivet - 2012
BegivenhedThe 23rd Annual Conference of the Production and Operations Management Society. POMS 2012 - Chicago, IL, USA
Varighed: 20 apr. 201223 apr. 2012
Konferencens nummer: 23
http://www.pomsmeetings.org/ConfProceedings/025/

Konference

KonferenceThe 23rd Annual Conference of the Production and Operations Management Society. POMS 2012
Nummer23
LandUSA
ByChicago, IL
Periode20/04/201223/04/2012
Internetadresse

Emneord

  • Firm growth
  • Replication
  • Innovation
  • Routine adaptation
  • Utility maximization

Citer dette

Hsuan, J., & Lévesque, M. (2012). Growing Through Innovation Replicability: The Role of Investment in Routine Adaptation. I T. Schoenherr, & S. Seshadri (red.), POMS 2012: 23rd Annual Conference of the Production and Operations Management Society Chicago: The University of Chicago Booth School of Business.
Hsuan, Juliana ; Lévesque, Moren. / Growing Through Innovation Replicability : The Role of Investment in Routine Adaptation. POMS 2012: 23rd Annual Conference of the Production and Operations Management Society. red. / Tobias Schoenherr ; Sahil Seshadri. Chicago : The University of Chicago Booth School of Business, 2012.
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abstract = "We propose a formal model of firm growth through replication that considers the extent of the investment to adapt routines as replication unfolds and the portion of this investment that goes toward innovation in the routines. The use of these two investment constructs brings about four types of growth policies. We use a utility function that considers proxies for both growth and failure potential to uncover the role played in selecting these policies by the economic environment of the targeted market for expansion. Our analysis further reveals the importance of the innovation-relative-to-imitation investment efficiency in adapting the routines to be replicated while selecting a growth policy. The refinement of a replication theory through ouranalysis of growth policies result in two testable hypotheses.",
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Hsuan, J & Lévesque, M 2012, Growing Through Innovation Replicability: The Role of Investment in Routine Adaptation. i T Schoenherr & S Seshadri (red), POMS 2012: 23rd Annual Conference of the Production and Operations Management Society. The University of Chicago Booth School of Business, Chicago, The 23rd Annual Conference of the Production and Operations Management Society. POMS 2012 , Chicago, IL, USA, 20/04/2012.

Growing Through Innovation Replicability : The Role of Investment in Routine Adaptation. / Hsuan, Juliana; Lévesque, Moren.

POMS 2012: 23rd Annual Conference of the Production and Operations Management Society. red. / Tobias Schoenherr; Sahil Seshadri. Chicago : The University of Chicago Booth School of Business, 2012.

Publikation: Bidrag til bog/antologi/rapportKonferencebidrag i proceedingsForskningpeer review

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AU - Hsuan, Juliana

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N2 - We propose a formal model of firm growth through replication that considers the extent of the investment to adapt routines as replication unfolds and the portion of this investment that goes toward innovation in the routines. The use of these two investment constructs brings about four types of growth policies. We use a utility function that considers proxies for both growth and failure potential to uncover the role played in selecting these policies by the economic environment of the targeted market for expansion. Our analysis further reveals the importance of the innovation-relative-to-imitation investment efficiency in adapting the routines to be replicated while selecting a growth policy. The refinement of a replication theory through ouranalysis of growth policies result in two testable hypotheses.

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Hsuan J, Lévesque M. Growing Through Innovation Replicability: The Role of Investment in Routine Adaptation. I Schoenherr T, Seshadri S, red., POMS 2012: 23rd Annual Conference of the Production and Operations Management Society. Chicago: The University of Chicago Booth School of Business. 2012