In this paper, we consider how a better understanding of entrepreneurial activities can help explain how firm and industry boundaries change over time; and how a more complete understanding of boundary setting can help us understand where entrepreneurial activities are directed. We argue that...

In this paper we present a history-friendly model of the changing vertical scope of computerfirms during the evolution of the computer and semiconductor industries. The model is“history friendly”, in that it attempts at replicating some basic, stylized qualitative features ofthe evolution of...

We discuss how firms can replicate practices and knowledge embedded in practices byfollowing principles, with no direct reference to an extant working example (template).Definitions are provided for the key concepts of templates, principles, and backgroundknowledge. We address the challenges of...

This study presents a new model of search on a rugged landscape,ʺ which employs modeling techniques from fractal geometry rather than the now-familiar NK modeling technique. In our simulations, firms search locally in a two-dimensional fitness landscape, choosing moves in a way that responds...