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Learning and product entry how diversification patterns differ over firm age and knowledge domains in U.S. generic drug industry

O\'Neill, Hugh M. - ; Xie, Xuanli - ;

This study uses learning theory to show how knowledge domains affect product extension decisions and how these product decisions change as firms age. Faced with the choice of new product-markets, a firm might decide to introduce a similar product, by leveraging existing firm knowledge, or to experiment with a less familiar product, which requires new knowledge. Using data on new drug introductions in the US generic pharmaceutical industry, the analyses showed clear support for heterogeneous product-market entry patterns across knowledge domains as the firm ages. Across time, the form of learning shifts from exploration to exploitation. .Printed Journal, baca ditempat


Ketersediaan

Call NumberLocationAvailable
SMJ3503PSB lt.dasar - Pascasarjana1
Penerbit: Wiley Periodicals
Edisi-
SubjekDiversification
Organizational learning
Product
Organizational knowledge
Market entry
Organizational age
ISBN/ISSN1432095
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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