Library Open Repository

Firm Transformation: Advancing a Darwinian Perspective

Downloads

Downloads per month over past year

Jones, CD (2005) Firm Transformation: Advancing a Darwinian Perspective. Management Decision, 43 (1). pp. 13-25. ISSN 0025-1747

[img] PDF
Firm_Transformation.pdf | Request a copy
Full text restricted
Available under University of Tasmania Standard License.

[img]
Preview
PDF (Author version)
firm-p13.pdf | Download (57kB)
Available under University of Tasmania Standard License.

Abstract

Purpose of the paper: The paper advocates a Darwinian explanation of the process of firm transformation. Existing, but generally opposing views related to the selection-adaptation debates are united to consider the dialogic nature of both approaches. It is argued that a Darwinian approach, as opposed to a neo-Darwinian or Lamarckian approach provides the means to scale the sides of a debate that has for too long divided scholars interested in firm and industry transformation. Approach: The paper addresses three specific issues to develop its Darwinian argument. Firstly, the various work of Geoff Hodgson that have for many years advanced Darwin's evolutionary ideas are used to argue the nature and application of Darwinism in the socio-economic domain. Secondly, the nature of what constitutes the elements of firm-environment interaction is considered to establish basic areas of focus through which the process of firm transformation is more understandable. Lastly, the construct absorptive capacity is likened to a mechanism of transmission through which the learning processes associated with the acquisition of favoured variations can be reconciled with the generic evolutionary processes of variation, selection, and retention. Findings: To understand the process of firm learning, the role of habits and routines must be outlined in specific detail. They cannot be assumed to perform interacting and replicating roles simultaneously. To do so, undermines the fundamental qualities of an evolutionary theory. What is the original/value of paper: The preliminary framework advanced takes us beyond the Darwinian - Lamarckian debate and provides elements of focus from which a greater understanding of the process of firm/industry transformation is possible.

Item Type: Article
Keywords: Firm Transformation, Darwinism, Lamarckism, and Absorptive Capacity
Journal or Publication Title: Management Decision
Page Range: pp. 13-25
ISSN: 0025-1747
Identification Number - DOI: 10.1108/00251740510572452
Additional Information: Copyright 2005 Emerald Group. Reproduced in accordance with the publishers policy. The definitive published version is available online at: http://www.emeraldinsight.com/info/journals/md/md.jsp
Date Deposited: 15 Mar 2007
Last Modified: 18 Nov 2014 03:13
URI: http://eprints.utas.edu.au/id/eprint/832
Item Statistics: View statistics for this item

Repository Staff Only (login required)

Item Control Page Item Control Page