Firm knowledge, stepping stones, and the evolution of capabilities.
- Resource Type
- Theses
- Authors
- Bryce, David J.
- Source
- Dissertation Abstracts International; Dissertation Abstract International; 64-06A.
- Subject
- Business Administration, Management
Economics, Commerce-Business
- Language
- English
Summary: A featured aspect of the research is the development of a measure of inter-industry relatedness that explicitly identifies the knowledge overlap structure among industries. We employ the measure to answer several fundamental questions about the direction of firm expansion and the mode of entry. Empirical results show that firms tend to follow a knowledge-based logic as they expand, and that the relatedness of existing productive knowledge to an industry target strongly predicts the entry mode.