search query: @author Klepper, S. / total: 14
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| Author: | Klepper, S. |
| Title: | The capabilities of new firms and the evolution of the US automobile industry |
| Journal: | Industrial and Corporate Change
2002 : AUG, VOL. 11:4, p. 645-666 |
| Index terms: | Cars Diversification New enterprise USA |
| Language: | eng |
| Abstract: | Firms that diversify into new and existing industries typically outperform de novo entrants, but in some new industries diversifying firms are displaced by later-entering de novo firms. Little is known about when and how new firms can overcome the advantages of diversifying firms. This is investigated for automobiles industry, where new firms had considerable success. All the entrants into the industry from its inception in 1895 through 1966 are identified. The heritage of every entrant into the industry is traced, including the founders of de novo entrants, to explore how time of entry and pre-entry experience affected firm survival. |
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