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Evolutionary Processes and Organizational Adaptation – A Mendelian Perspective on Strategic Management - Oxford Scholarship Online
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Evolutionary Processes and Organizational Adaptation: A Mendelian Perspective on Strategic Management

Daniel A. Levinthal

Abstract

Strategists are encouraged to identify sustained competitive advantages. This volume takes a different tact and provides a perspective on how organizations adapt over time to changing circumstances. This process is characterized as not driven by the inspired wisdom of a grand strategist, but by an ecology of initiatives within the organization. A central role of the organization is to mediate between the market forces in which it operates and the culling and amplification of these initiatives within the organization. In this spirit, a useful touchstone is that of Mendel, who sits intermediate ... More

Keywords: organizational adaptation, organizational evolution, artificial selection, path-dependence, exploration and exploitation

Bibliographic Information

Print publication date: 2021 Print ISBN-13: 9780199684946
Published to Oxford Scholarship Online: July 2021 DOI:10.1093/oso/9780199684946.001.0001

Authors

Affiliations are at time of print publication.

Daniel A. Levinthal, author
Reginald H. Jones Professor of Corporate Strategy, The Wharton School University of Pennsylvania