First-Mover Advantage and Organizational Structure

This paper looks at first-mover advantage and its effects on organizational structure and size. The framework is the project-selection model and the key assumption is that managers are fallible so that decision-making is imperfect. The analysis suggests that when there is a first-mover advantage, de...

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Main Author:	Koh, Winston T. H.
Format:	text
Language:	English
Published:	Institutional Knowledge at Singapore Management University 1993
Subjects:	Economics
Online Access:	https://ink.library.smu.edu.sg/soe_research/169
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Institution:	Singapore Management University
Language:	English

id	sg-smu-ink.soe_research-1168
record_format	dspace
spelling	sg-smu-ink.soe_research-11682010-09-23T05:48:03Z First-Mover Advantage and Organizational Structure Koh, Winston T. H. This paper looks at first-mover advantage and its effects on organizational structure and size. The framework is the project-selection model and the key assumption is that managers are fallible so that decision-making is imperfect. The analysis suggests that when there is a first-mover advantage, decentralized and smaller organizations, such as the polyarchy and the committee, are preferable since they are speedier in making decisions despite the reduced accuracy in selecting projects. 1993-01-01T08:00:00Z text https://ink.library.smu.edu.sg/soe_research/169 info:doi/10.1016/0165-1765(93)90133-w Research Collection School Of Economics eng Institutional Knowledge at Singapore Management University Economics
institution	Singapore Management University
building	SMU Libraries
continent	Asia
country	Singapore Singapore
content_provider	SMU Libraries
collection	InK@SMU
language	English
topic	Economics
spellingShingle	Economics Koh, Winston T. H. First-Mover Advantage and Organizational Structure
description	This paper looks at first-mover advantage and its effects on organizational structure and size. The framework is the project-selection model and the key assumption is that managers are fallible so that decision-making is imperfect. The analysis suggests that when there is a first-mover advantage, decentralized and smaller organizations, such as the polyarchy and the committee, are preferable since they are speedier in making decisions despite the reduced accuracy in selecting projects.
format	text
author	Koh, Winston T. H.
author_facet	Koh, Winston T. H.
author_sort	Koh, Winston T. H.
title	First-Mover Advantage and Organizational Structure
title_short	First-Mover Advantage and Organizational Structure
title_full	First-Mover Advantage and Organizational Structure
title_fullStr	First-Mover Advantage and Organizational Structure
title_full_unstemmed	First-Mover Advantage and Organizational Structure
title_sort	first-mover advantage and organizational structure
publisher	Institutional Knowledge at Singapore Management University
publishDate	1993
url	https://ink.library.smu.edu.sg/soe_research/169
_version_	1770569045906554880

First-Mover Advantage and Organizational Structure

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