Whom Should We Imitate? Imitation Strategy and Industry Knowledge Structure

Hart E. Posen, Sangyoon Yi, Jeho Lee

Publikation: Konferencebidrag uden forlag/tidsskriftPaperForskningpeer review

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Resumé

Imitation is a common practice within and across industries. Recent research has begun to explore the potential of imitation as a purposeful strategy. But the question of what constitutes a “good” imitation strategy is as yet not well understood. This study examines the efficacy of two canonical strategies oriented towards imitating the: (a) best-performing firm and (b) best-practices of leading firms. We find that the best-performer imitation strategy is robust and superior across a wide variety of circumstances. In contrast, the best-practices strategy is sensitive to how firms (and knowledge) are clustered in the industry. Our analysis on the imitation process illustrates how firms’ imitation strategy influences the degree to which firm clusters diverge and how much of the cluster heterogeneity is harnessed via boundary-crossing imitation.
OriginalsprogEngelsk
Publikationsdato2014
Antal sider30
StatusUdgivet - 2014
BegivenhedAnnual Meeting of the Strategic Management Society: Strategy and Sustainability - CNN Center, Atlanta, USA
Varighed: 28. sep. 20132. okt. 2013

Konference

KonferenceAnnual Meeting of the Strategic Management Society
LokationCNN Center
LandUSA
ByAtlanta
Periode28/09/201302/10/2013

Fingeraftryk

Imitation
Industry
Knowledge structure
Best practice
Boundary crossing
Efficacy
Influence strategies

Citer dette

Posen, H. E., Yi, S., & Lee, J. (2014). Whom Should We Imitate? Imitation Strategy and Industry Knowledge Structure. Afhandling præsenteret på Annual Meeting of the Strategic Management Society, Atlanta, USA.
Posen, Hart E. ; Yi, Sangyoon ; Lee, Jeho. / Whom Should We Imitate? Imitation Strategy and Industry Knowledge Structure. Afhandling præsenteret på Annual Meeting of the Strategic Management Society, Atlanta, USA.30 s.
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abstract = "Imitation is a common practice within and across industries. Recent research has begun to explore the potential of imitation as a purposeful strategy. But the question of what constitutes a “good” imitation strategy is as yet not well understood. This study examines the efficacy of two canonical strategies oriented towards imitating the: (a) best-performing firm and (b) best-practices of leading firms. We find that the best-performer imitation strategy is robust and superior across a wide variety of circumstances. In contrast, the best-practices strategy is sensitive to how firms (and knowledge) are clustered in the industry. Our analysis on the imitation process illustrates how firms’ imitation strategy influences the degree to which firm clusters diverge and how much of the cluster heterogeneity is harnessed via boundary-crossing imitation.",
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Posen, HE, Yi, S & Lee, J 2014, 'Whom Should We Imitate? Imitation Strategy and Industry Knowledge Structure' Paper fremlagt ved Annual Meeting of the Strategic Management Society, Atlanta, USA, 28/09/2013 - 02/10/2013, .

Whom Should We Imitate? Imitation Strategy and Industry Knowledge Structure. / Posen, Hart E.; Yi, Sangyoon; Lee, Jeho.

2014. Afhandling præsenteret på Annual Meeting of the Strategic Management Society, Atlanta, USA.

Publikation: Konferencebidrag uden forlag/tidsskriftPaperForskningpeer review

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Posen HE, Yi S, Lee J. Whom Should We Imitate? Imitation Strategy and Industry Knowledge Structure. 2014. Afhandling præsenteret på Annual Meeting of the Strategic Management Society, Atlanta, USA.