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|Title:||Inbound mobility, inertia, and obsolescence|
|Citation:||Jain, A. (2010). Inbound mobility, inertia, and obsolescence. Academy of Management 2010 Annual Meeting - Dare to Care: Passion and Compassion in Management Practice and Research, AOM 2010 : -. ScholarBank@NUS Repository.|
|Abstract:||This paper develops the argument that organizations avert obsolescence through the continuous accumulation of small changes over time, such as changes resulting from inbound mobility of people. By leading to a change in the composition of knowledge and to routine in organizations, inbound mobility results in lower path dependence and greater technological experimentation, both indications of lower inertia. As a consequence, the impact and influence of innovations created by an organization increases. Analysis reveals a particularly strong effect of inbound mobility on innovation impact in the case of more inert organizations, such as older firms, rather than for younger organizations, supporting the thesis that inbound mobility helps to avert obsolescence. In line with this argument, the data reveal that the composition of technologies core to biotechnology firms changes over time, indicating that firms may effectuate major changes to their strategy and structure through the accumulation of small changes. To validate these claims, I study mobility and change in the context of patenting in the U.S. and Canadian biotechnology industry over a period of 38 years from 1970-2007.|
|Source Title:||Academy of Management 2010 Annual Meeting - Dare to Care: Passion and Compassion in Management Practice and Research, AOM 2010|
|Appears in Collections:||Staff Publications|
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