MTEI Seminar by Prof. Zur Shapira, NYU Stern

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Event details

Date 12.03.2013
Hour 12:0013:30
Speaker Prof. Zur Shapira, NYU Stern
Location
Category Conferences - Seminars
"Imprinting, inheritance and potency: A genealogical perspective on industry evolution"

Abstract
We developed a theoretical framework of genealogical evolution of an industrial sector, exploring the ways in which new ventures are created along generational lines.  We argue that the evolutionary trajectory of an organizational genealogy is influenced by the initial conditions at time of founding and nature of members' affinity, which affect the inheritance or transfer of organizational characteristics from parent to progenies. We constructed nine main genealogies of the telecommunication sector of Israel’s Hi Tech industry and divided them into two groups – those that were established during the institutional-cooperative economy period of Israel’s economy (1951- 1977) and those that were founded during the competitive-economy period (1977 - 2005). Our findings show that competitive environmental conditions lead to a higher entrepreneurial inclination among the founding parents, and that this inclination was disseminated throughout the genealogies’ trajectories via the imprinting mechanism. Genealogies that were founded when the environmental conditions were competitive tend to grow faster than genealogies that were formed during the institutional/competitive period. In addition, the entrepreneurial inclinations of the founding parents mediated the effect of the environmental conditions on genealogical potency.

Practical information

  • General public
  • Free

Organizer

  • Management of Technology & Entrepreneurship Institute

Contact

  • mtei@epfl.ch

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