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Coevolutionary Competence in the Realm of Corporate Longevity: How Long-lived Firms Strategically Renew Themselves

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Author Info
Kwee, Z.
Bosch, F.A.J. van den
Volberda, H.W. (Erasmus Research Institute of Management (ERIM), RSM Erasmus University)

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Abstract

Understanding the phenomena of corporate longevity and self-renewing organizations has become an important topic in recent management literature. However, the majority of the research contributions focus on internal determinants of longevity and self-renewal. Using a co-evolutionary framework, the purpose of this paper is to address the dynamic interaction between organizations and environments in the realm of sustained strategic renewal, i.e. corporate longevity. To this end, we will focus on the competence of long-lived firms to coevolve due to the joint effect of managerial intentionality and environmental selection pressures. Building on coevolutionary framework, we develop a conceptual framework that highlights an organization’s coevolutionary competence. Two longitudinal case studies are presented illustrating the arguments.

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Paper provided by Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam. in its series Research Paper with number ERS-2007-076-STR Revision_Date: 2009-12-05.

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Date of creation: 19 Nov 2007
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Handle: RePEc:dgr:eureri:1765010716

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Related research
Keywords: competence-based management; coevolutionary competence; corporate longevity; strategic renewal; adaptive open systems;

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  1. Driel, H. van & Volberda, H.W. & Eikelboom, S., 2004. "Longevity in services: the case of the Dutch warehousing companies 1600-2000," Research Paper ERS-2004-072-STR/ORG Revi, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
  2. Sanchez, Ron, 2004. "Understanding competence-based management: Identifying and managing five modes of competence," Journal of Business Research, Elsevier, vol. 57(5), pages 518-532, May. [Downloadable!] (restricted)
  3. Jansen, J.J.P. & Bosch, F.A.J. van den & Volberda, H.W., 2005. "Managing Potential and Realized Absorptive Capacity: How do Organizational Antecedents matter?," Research Paper ERS-2005-025-STR Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
  4. Bert Flier & Frans A. J. Van Den Bosch & Henk W. Volberda, 2003. "Co-evolution in Strategic Renewal Behaviour of British, Dutch and French Financial Incumbents: Interaction of Environmental Selection, Institutional Effects and Managerial Intentionality," Journal of Management Studies, Blackwell Publishing, vol. 40(8), pages 2163-2187, December. [Downloadable!] (restricted)
  5. Henk W. Volberda & Arie Y. Lewin, 2003. "Co-evolutionary Dynamics Within and Between Firms: From Evolution to Co-evolution," Journal of Management Studies, Blackwell Publishing, vol. 40(8), pages 2111-2136, December. [Downloadable!] (restricted)
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