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Due to future markets shifts as well as current market dynamics industries like the automotive industry OEMs have to be able to handle both exploration and exploitation simultaneously, a capability which is called 'organizational ambidexterity'. Using data from German and Austrian premium OEMs as well as leading-edge suppliers of the automotive industry present work sheds light on the questions what...
Adoption processes in network effect markets -- like the ICT industry -- often lead to so-called "lock-ins" which means that one single standard or technology gets adopted by almost all market participants. Based on the work of Arthur [1] we present a simulation based model explaining a market's tendency to lock-in by means of two factors: the strength of network effects and the network...
Knowledge has been recognized as a critical asset for companies that want to compete in today's turbulent business environment. Researchers and practitioners recognize that the loss of knowledge due to loss of employees that hold valuable knowledge can have grave consequences to an organization. This paper provides a methodology for assessing potential risk of losing knowledge when employees retire...
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