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Serendipity as a Mechanism of Change and its Potential for Explaining Change Processes

Author

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  • Ursula Weisenfeld

    () (Institute of Corporate Development, Leuphana University of Lueneburg, Campus, 21391 Lueneburg, Germany)

Abstract

Serendipity plays an important role in science and technology development. This article investigates serendipity as a potential mechanism of change in management areas such as technology management, strategy and organization. The mechanism will be described and conditions that support or hinder the mechanism will be discussed.

Suggested Citation

  • Ursula Weisenfeld, 2009. "Serendipity as a Mechanism of Change and its Potential for Explaining Change Processes," management revue. Socio-economic Studies, Rainer Hampp Verlag, vol. 20(2), pages 138-148.
  • Handle: RePEc:rai:mamere:1861-9908_mrev_2009_2_weisenfeld
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    File URL: http://www.hampp-verlag.de/hampp_e-journals_mrev.htm#209
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    More about this item

    Keywords

    mechanisms of change; serendipity; organizational change; strategic change; technological change;

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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