DocumentCode
3324111
Title
Study on the evolutionary mechanism of enterprise strategic change
Author
Li Yun-he ; Yuan Ze-pei
Author_Institution
Econ. & Manage. Sch., Wuhan Univ., Wuhan
fYear
2008
fDate
10-12 Sept. 2008
Firstpage
517
Lastpage
522
Abstract
Adopting organizational learning theory, enterprise strategic change derives from organizational strategic variation routine and takes organizational learning as the conduction mechanism. In this paper, based on evolutionary game approach, the authors analyzed the evolutionary path of enterprise strategic change, constructed the evolutionary model of enterprise strategic change, and explored the evolutionary mechanism of enterprise strategic change. Simulations of the evolutionary dynamics showed that, the difference of system initial situation leads to the difference of enterprise selection on strategic change. And the difference of initial situation are related with enterprise cost and benefit. The empirical significance values of the conclusion are that enterprise strategic change should take their long-term interest as the direction of enterprise development. Strategic choice based on long-term interest can bring more benefit to enterprise.
Keywords
commerce; evolutionary computation; game theory; management of change; organisational aspects; strategic planning; enterprise strategic change; evolutionary game approach; evolutionary mechanism; organizational learning theory; organizational strategic variation; strategic choice; Acceleration; Conference management; Educational institutions; Engineering management; Engineering profession; Environmental economics; Game theory; Logic; Operating systems; Technological innovation; enterprise; evolutionary game theory; evolutionary mechanism; strategic change;
fLanguage
English
Publisher
ieee
Conference_Titel
Management Science and Engineering, 2008. ICMSE 2008. 15th Annual Conference Proceedings., International Conference on
Conference_Location
Long Beach, CA
Print_ISBN
978-1-4244-2387-3
Electronic_ISBN
978-1-4244-2388-0
Type
conf
DOI
10.1109/ICMSE.2008.4668964
Filename
4668964
Link To Document