The Ecology of Management Concepts
Jerker Denrell () and
Balázs Kovács ()
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Jerker Denrell: Department of Behavioural Science, Warwick Business School, Coventry CV4 7AL, United Kingdom
Balázs Kovács: School of Management, Yale University, New Haven, Connecticut 06520
Strategy Science, 2020, vol. 5, issue 4, 293-310
Abstract:
How does the popularity of a concept depend on how it contrasts with and complements existing concepts? We argue that being similar to existing concepts, being located in a popular domain, and being combined with similar existing concepts are important for gaining attention early on but less important and even negative for sustaining popularity. To examine this question, we focus on the rise and fall of management concepts. We analyze data on the rise and fall of keywords in the Harvard Business Review between 1922 and 2010. Multiple tests confirm our hypotheses. The implication is that lessons learned from studies of popular concepts can be misleading as guides for how to make novel concepts popular.
Keywords: diffusion; ecology; management concepts; Harvard Business Review; similarity; differentiation (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:inm:orstsc:v:5:y:2020:i:4:p:293-310
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