Title :
Strategic ´morphing´ and the survivability of e-commerce firms
Author :
Kauffman, Robert J. ; Bin Wang ; Miller, Tim
Author_Institution :
Carlson Sch. of Manage., Minnesota Univ., Minneapolis, MN, USA
Abstract :
This research develops an evolutionary game theory-motivated framework that helps academic researchers and industry practitioners to understand the "strategic morphing" of DotComs. Our framework applies an analogy from the theory of bio-diversity and genetic survivability in population ecology to different species in a highly competitive organic biome. In the e-commerce context, however, we emphasize survivability in terms of a set of characteristic categories and constructs that provide explanatory power for firm "strategic fitness" in competition with other firms and in the marketplace in general. We illustrate our framework using mini-case studies on DotCom success and failure.
Keywords :
economic cybernetics; electronic commerce; game theory; DotComs; bio-diversity; digital economy; e-commerce; evolutionary game theory-motivated framework; firm performance; genetic survivability; highly competitive organic biome; market competition; population ecology; strategic fitness; strategic morphing; Corporate acquisitions; Environmental economics; Environmental factors; Game theory; Genetic mutations; Internet; Organisms; Performance analysis; Power generation economics; Toy industry;
Conference_Titel :
System Sciences, 2002. HICSS. Proceedings of the 35th Annual Hawaii International Conference on
Print_ISBN :
0-7695-1435-9
DOI :
10.1109/HICSS.2002.994256