haku: @indexterm company growth / yhteensä: 512
viite: 11 / 512
Tekijä:Fauchart, I.
Keilbach, M.
Otsikko:Testing a model of exploration and exploitation as innovation strategies
Lehti:Small business economics
2009 : OCT, VOL. 33:3, p. 257-272
Asiasana:models
company growth
innovation
strategy
purchasing power
markets
Vapaa asiasana:concentration
industrial dynamics
carrying capacity
Kieli:eng
Tiivistelmä:This paper suggests a structural model specifying firm growth as a function of firm-specific parameters, market-specific parameters, and competition for purchasing power. Btw. two firm innovation strategies, that is, exploration and exploitation are distinguished in the model. Based on a set of simulations, a set of empirically testable hypotheses are derived. In addition, it is possible to derive further testable propositions on the interaction of firm-demographic processes, innovative behaviour and market structure beyond the existing literature.
SCIMA tietueen numero: 274246
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