When Internet Companies Morph: Understanding Organizational Strategy Changes in the ‘New’ New Economy
The rapid ascent of the Internet economy funneled almost $US90 billion of venture capital money into Internet startups over a period of four years that roughly ended in mid-2000. An equally rapid bust in the cycle that year abruptly shut off funding and thrust remaining Internet companies into an un...
Saved in:
Main Authors: | , , |
---|---|
Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2002
|
Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/sis_research/2778 http://ojphi.org/ojs/index.php/fm/article/view/972/893 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Institution: | Singapore Management University |
Language: | English |
id |
sg-smu-ink.sis_research-3778 |
---|---|
record_format |
dspace |
spelling |
sg-smu-ink.sis_research-37782016-01-30T09:11:26Z When Internet Companies Morph: Understanding Organizational Strategy Changes in the ‘New’ New Economy KAUFFMAN, Robert John MILLER, Tim WANG, Bin The rapid ascent of the Internet economy funneled almost $US90 billion of venture capital money into Internet startups over a period of four years that roughly ended in mid-2000. An equally rapid bust in the cycle that year abruptly shut off funding and thrust remaining Internet companies into an unprecedented frenzy of adaptive strategic and organizational re-focusing behavior. In this article, we relate the findings of our study of this period of hyper-evolution and give a snapshot of the publicly reported "morphing" activities of 125 Internet companies, based on which we propose a profitability-driven typology of Internet firm repositioning behavior. The study provides academic researchers with an overview of industry strategic mutation patterns and provides executives with a process analysis for identifying and evaluating their own strategies in a way that is essential for success in the highly volatile Internet economy. We also offer our predictions on these strategies' efficacy in light of the current emphasis on business profitability and return on investment (ROI). 2002-07-01T07:00:00Z text https://ink.library.smu.edu.sg/sis_research/2778 info:doi/10.5210/fm.v7i7.972 http://ojphi.org/ojs/index.php/fm/article/view/972/893 Research Collection School Of Computing and Information Systems eng Institutional Knowledge at Singapore Management University Computer Sciences Organizational Behavior and Theory |
institution |
Singapore Management University |
building |
SMU Libraries |
continent |
Asia |
country |
Singapore Singapore |
content_provider |
SMU Libraries |
collection |
InK@SMU |
language |
English |
topic |
Computer Sciences Organizational Behavior and Theory |
spellingShingle |
Computer Sciences Organizational Behavior and Theory KAUFFMAN, Robert John MILLER, Tim WANG, Bin When Internet Companies Morph: Understanding Organizational Strategy Changes in the ‘New’ New Economy |
description |
The rapid ascent of the Internet economy funneled almost $US90 billion of venture capital money into Internet startups over a period of four years that roughly ended in mid-2000. An equally rapid bust in the cycle that year abruptly shut off funding and thrust remaining Internet companies into an unprecedented frenzy of adaptive strategic and organizational re-focusing behavior. In this article, we relate the findings of our study of this period of hyper-evolution and give a snapshot of the publicly reported "morphing" activities of 125 Internet companies, based on which we propose a profitability-driven typology of Internet firm repositioning behavior. The study provides academic researchers with an overview of industry strategic mutation patterns and provides executives with a process analysis for identifying and evaluating their own strategies in a way that is essential for success in the highly volatile Internet economy. We also offer our predictions on these strategies' efficacy in light of the current emphasis on business profitability and return on investment (ROI). |
format |
text |
author |
KAUFFMAN, Robert John MILLER, Tim WANG, Bin |
author_facet |
KAUFFMAN, Robert John MILLER, Tim WANG, Bin |
author_sort |
KAUFFMAN, Robert John |
title |
When Internet Companies Morph: Understanding Organizational Strategy Changes in the ‘New’ New Economy |
title_short |
When Internet Companies Morph: Understanding Organizational Strategy Changes in the ‘New’ New Economy |
title_full |
When Internet Companies Morph: Understanding Organizational Strategy Changes in the ‘New’ New Economy |
title_fullStr |
When Internet Companies Morph: Understanding Organizational Strategy Changes in the ‘New’ New Economy |
title_full_unstemmed |
When Internet Companies Morph: Understanding Organizational Strategy Changes in the ‘New’ New Economy |
title_sort |
when internet companies morph: understanding organizational strategy changes in the ‘new’ new economy |
publisher |
Institutional Knowledge at Singapore Management University |
publishDate |
2002 |
url |
https://ink.library.smu.edu.sg/sis_research/2778 http://ojphi.org/ojs/index.php/fm/article/view/972/893 |
_version_ |
1770572611181346816 |