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Modularity has recently become an important concept in economics and management science alike (Ulrich 1995; Baldwin and … Clark 2000). However, it is not always clear what is meant by modularity as formal treatments are rare. The aim of this … paper is threefold. First, we want to provide a rigorous treatment of modularity. To this end we use Kauffman"s (1993) NK …
Persistent link: https://www.econbiz.de/10005537634
There is a general sense of urgency that major technological transitions are required for sustainable development. Such transitions are best perceived as involving multiple transition steps along a transition path. Due to the path dependent and irreversible nature of innovation in complex...
Persistent link: https://www.econbiz.de/10005771406
Persistent link: https://www.econbiz.de/10013259331
organizational hierarchy serves to mitigate the tension between complexity and decomposability by facilitating a higher degree of …This paper studies the impact of task complexity and decomposability on the degree of organizational divisionalization … and hierarchy within firms. Drawing upon the team theory and modularity literature, it argues that the degree of …
Persistent link: https://www.econbiz.de/10014173994
: hierarchy is justified for coordination of continuous change, rather than for the direction of static production. Hierarchy is …
Persistent link: https://www.econbiz.de/10005412868
complement this principle in that we additionally consider the variety induced complexity throughout the assembly process. The … weighted Shannon entropy is proposed as a measure for the evaluation of this complexity. Our results show that the delayed …
Persistent link: https://www.econbiz.de/10005789772
Persistent link: https://www.econbiz.de/10012177813
I develop a model of endogenous bounded rationality due to search costs, arising implicitly from the decision problem …'s complexity. The decision maker is not required to know the entire structure of the problem when making choices. She can think … ahead, through costly search, to reveal more of its details. However, the costs of search are not assumed exogenously; they …
Persistent link: https://www.econbiz.de/10005013925
relation results from the interplay between technological complexity and human biological limitations. I also show how a simple …
Persistent link: https://www.econbiz.de/10011645097
This paper empirically investigates how organizational hierarchy affects the allocation of credit within a bank. Using … interference { through which hierarchy affects loan outcomes. …
Persistent link: https://www.econbiz.de/10010518012