On the Dynamics of Organizational Mortality: Age Dependence Revisited

Gael Le Mens, Michael T. Hannan and Laszlo Polos
Additional contact information
Gael Le Mens: Universitat Pompeu Fabra
Michael T. Hannan: Stanford University
Laszlo Polos: Durham University

Research Papers from Stanford University, Graduate School of Business

Abstract: This paper proposes a novel theoretical framework to model the dynamics of organizational mortality. The main theoretical contribution is a clarification of the relations between organizational fitness, endowment, organizational capital and mortality hazard. If the mortality hazard is a function of the stock of organizational capital, and the rate of accumulation of organizational capital is a function of the level of organizational fitness, organizational fitness becomes the key factor in predicting the evolution of the mortality hazard. The paper demonstrates how this new perspective can cast a new light on the much studied relation between organizational age and the hazard of organizational mortality.

Date: 2010-08
References: Add references at CitEc
Citations:

Downloads: (external link)
http://gsbapps.stanford.edu/researchpapers/library/RP2062.pdf
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to gsbapps.stanford.edu:443 (certificate verify failed) (http://gsbapps.stanford.edu/researchpapers/library/RP2062.pdf [302 Found]--> https://gsbapps.stanford.edu/researchpapers/library/RP2062.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecl:stabus:2062

Access Statistics for this paper

More papers in Research Papers from Stanford University, Graduate School of Business Contact information at EDIRC.
Bibliographic data for series maintained by ().