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| Author: | Volberda, H.W. Lewin, A.Y. |
| Title: | Guest editors' introduction: co-evolutionary dynamics with and between firms: from evolution to co-evolution |
| Journal: | Journal of Management Studies
2003 : DEC, VOL. 40:8, p. 2111-2136 |
| Index terms: | Companies Organizational behaviour |
| Freeterms: | Co-evolution |
| Language: | eng |
| Abstract: | This introductory essay identifies four co-evolutionary generative mechanisms (engines) - naïve selection, managed selection, hierarchical renewal and holistic renewal - which illustrate the extensive range of evolutionary paths that can take place in a population of organizations. Particularly, the managed selection engine provides the foundations of the underlying principles of co-evolving self-renewing organizations: managing internal rates of change, optimizing self-organization and balancing concurrent exploration and exploitation. |
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