In this paper, we contribute to the literature on new market emergence by implementing a “history-friendly” simulation of the incubation period encompassing the decision processes that took place within General Motors (GM), Chrysler, and Ford during the design and development of the first...

This article proposes a novel perspective of technological change based on the ‘Woesian’ model ofcell evolution to study technological change and, in particular, the origins of radical innovation. Themodel identifies horizontal gene transfer (HGT) as a critical force that drives evolution...

We examine the progress of the evolutionary research on innovation, the firm, and the dynamics of industries in the last four decades. The paper acknowledges that the themes related to knowledge and technological regimes, the evolutionary processes leading to innovation, and the long-term...

Strategy research typically traces stable performance differences among firms to a priori heterogeneity in initial resource endowments or in expected flows of resources. The objective of this paper is to explore how this heterogeneity is created and how it affects firm technological performance....