nep-evo New Economics Papers
on Evolutionary Economics
Issue of 2006‒09‒11
three papers chosen by
Matthew Baker
US Naval Academy, USA

  1. A Process Model of Locational Change in Entrepreneurial Firms: An Evolutionary Perspective By Stam, E.
  2. Of Rats and Brands: A Learning-and-Memory Perspective on Consumer Decisions By Osselaer, S.M.J. van
  3. On the Evolution of Trust, Distrust, and Formal Coordination and Control in Interorganizational Relationships: Towards an Integrative Framework By Vlaar, P.W.L.; Bosch, F.A.J. van den; Volberda, H.W.

  1. By: Stam, E. (Erasmus Research Institute of Management (ERIM), RSM Erasmus University)
    Abstract: How do changes in the spatial organization of entrepreneurial firms come about? This paper provides a conceptualisation of the process of locational change. A process model of locational change is constructed on the basis of an empirical study of 109 locational events during the life course of 25 young firms in knowledge intensive sectors (knowledge services and biomedicals). This process model of locational change maps both internal and external variation and selection processes. This model contributes to the development of a causal process theory of the spatial development of (new) firms.
    Keywords: Location;Entrepreneurial Firms;Evolutionary Theory;Decision-Making;Process Models;
    Date: 2006–03–27
  2. By: Osselaer, S.M.J. van (Erasmus Research Institute of Management (ERIM), RSM Erasmus University)
    Abstract: When consumers evaluate or choose products, they rely on what they have learned and can remember about those products’ characteristics, such as brand names, ingredients, orfeatures. Severalexperimentssuggest that evenrathersophisticatedpatternsofproduct evaluation and choice can be explained by simple associative learning-and-memory processes,which show similarities to those found in rats,dogs,and other animals.Strategic implications for brand management and public policy, theoretical implications for the study of human learning and memory, and directions for future research are outlined.
    Keywords: brand management;brand equity;co-branding;ingredient branding;brand extension;consumer decision making;learning;memory;consumer behavior;consumer psychology;
    Date: 2004–10–29
  3. By: Vlaar, P.W.L.; Bosch, F.A.J. van den; Volberda, H.W. (Erasmus Research Institute of Management (ERIM), RSM Erasmus University)
    Abstract: In this article, we discuss the evolution of trust, distrust, and formal coordination and control in interorganizational relationships. We suggest that the degrees to which managers trust and distrust their partners during initial stages of cooperation leave strong imprints on the development of these relationships in later stages of collaboration. This derives from the impact of trust and distrust on: (1) formal coordination and control; (2) interorganizational performance; and (3) the interpretations that managers attribute to the behavior of their partners. Collectively, our arguments give rise to a conceptual framework, which indicates that there is a high propensity for interorganizational relationships to develop along vicious or virtuous cycles. By integrating and reconciling previous work on the trust-control nexus, and by emphasizing the dynamics associated with it, the article contributes to a more comprehensive and refined understanding of the evolution of interorganizational cooperation.
    Keywords: trust;distrust;formal coordination;formal control;evolution;interorganizational relationship;
    Date: 2006–07–24

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