TY - JOUR
T1 - RISING COMPLEXITY AND THE GENTRIFICATION OF SUSTAINED SUPERIOR PERFORMANCE
AU - Henderson, Andrew D.
AU - Oladimeji, Temitope S.
AU - Graebner, Melissa E.
N1 - Publisher Copyright:
© 2022 82nd Annual Meeting of the Academy of Management 2022: A Hybrid Experience, AOM 2022.All rights reserved.
PY - 2022
Y1 - 2022
N2 - Resource complexity is a fundamental barrier to imitation, enabling some firms to achieve sustained superior performance (SSP). There is evidence the complexity of resources needed to implement new opportunities has risen through time, the result of increasingly sophisticated technical knowledge and rising customer demand for more sophisticated products. Through formal modeling and analyses of Compustat firms from 1967 to 2018, we find that rising complexity has gentrified the attainment and renewal of SSP. As new opportunities have become more complex, less established firms have had a harder time achieving initial SSP, while firms in the corporate elite have increasingly renewed their SSP.
AB - Resource complexity is a fundamental barrier to imitation, enabling some firms to achieve sustained superior performance (SSP). There is evidence the complexity of resources needed to implement new opportunities has risen through time, the result of increasingly sophisticated technical knowledge and rising customer demand for more sophisticated products. Through formal modeling and analyses of Compustat firms from 1967 to 2018, we find that rising complexity has gentrified the attainment and renewal of SSP. As new opportunities have become more complex, less established firms have had a harder time achieving initial SSP, while firms in the corporate elite have increasingly renewed their SSP.
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U2 - 10.5465/AMBPP.2022.138
DO - 10.5465/AMBPP.2022.138
M3 - Conference article
AN - SCOPUS:85208689452
SN - 0065-0668
JO - Academy of Management Annual Meeting Proceedings
JF - Academy of Management Annual Meeting Proceedings
T2 - 82nd Annual Meeting of the Academy of Management 2022: A Hybrid Experience, AOM 2022
Y2 - 5 August 2022 through 9 August 2022
ER -