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

Juliana Hsuan; Moren Lévesque

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

Juliana Hsuan, Moren Lévesque

Institut for Produktion og Erhvervsøkonomi

York University Toronto

Publikation: Bidrag til bog/antologi/rapport › Konferencebidrag i proceedings › Forskning › peer review

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 our
analysis of growth policies result in two testable hypotheses.

Originalsprog	Engelsk
Titel	POMS 2012 : 23rd Annual Conference of the Production and Operations Management Society
Redaktører	Tobias Schoenherr, Sahil Seshadri
Antal sider	36
Udgivelsessted	Chicago
Forlag	The University of Chicago Booth School of Business
Publikationsdato	2012
ISBN (Trykt)	9780615618586, 0615618588
Status	Udgivet - 2012
Begivenhed	The 23rd Annual Conference of the Production and Operations Management Society. POMS 2012 - Chicago, IL, USA Varighed: 20 apr. 2012 → 23 apr. 2012 Konferencens nummer: 23 http://www.pomsmeetings.org/ConfProceedings/025/

Konference

Konference	The 23rd Annual Conference of the Production and Operations Management Society. POMS 2012
Nummer	23
Land/Område	USA
By	Chicago, IL
Periode	20/04/2012 → 23/04/2012
Internetadresse	http://www.pomsmeetings.org/ConfProceedings/025/

Emneord

Firm growth
Replication
Innovation
Routine adaptation
Utility maximization

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http://www.pomsmeetings.org/ConfProceedings/025/FullPapers/FullPaper.htm

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Citationsformater

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. http://www.pomsmeetings.org/ConfProceedings/025/FullPapers/FullPaper.htm

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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. <http://www.pomsmeetings.org/ConfProceedings/025/FullPapers/FullPaper.htm>

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/rapport › Konferencebidrag i proceedings › Forskning › peer review

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AU - Lévesque, Moren

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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.

AB - 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.

KW - Firm growth

KW - Replication

KW - Innovation

KW - Routine adaptation

KW - Utility maximization

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SN - 0615618588

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