Research report 2005 - Max Planck Institute of Economics (1993 until 2014)
Patterns of organizational development and the transformation of industries
Authors
Bünstorf, Guido; Günther, Christina; Witt, Ulrich; Worch, Hagen
Departments
Evolutionsökonomik (Prof. Dr. Ulrich Witt)
MPI für Ökonomik, Jena
Summary
Firms undergo a regular, growth-induced developmental process, i.e., a sequence of irreversible changes in their organizational structure. Researchers at the Max Planck Institute of Economics analyse the dynamics of firm organization and the evolution of industries. They adopt a co-evolutionary approach by considering the interdependent processes of firm development and industrial evolution.