The Palgrave Encyclopedia of Strategic Management

Living Edition
| Editors: Mie Augier, David J. Teece

Natural Selection

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DOI: https://doi.org/10.1057/978-1-349-94848-2_393-1
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Abstract

In this entry the contemporary scientific usage of the selection concept is explained and a formal definition provided. This concept of selection covers both selection processes taking place in markets and inside the firm. It also covers all known forms of selection in nature. The concept of selection is elaborated with an emphasis on selection processes in strategy research. Strategy research typically views selection as an error-prone adaptive process that operates on multiple levels of organization. Industry-wide selection processes trickle down and influence firm-level expansion and contraction of particular resources and capabilities. These processes do not reliably discover optima.

Keywords

Selection Process Generative Selection Action Leverage Subset Selection Human Choice 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Copyright information

© The Author(s) 2016

Authors and Affiliations

  1. 1.Faculty of Social Sciences, Department of Marketing and ManagementOdenseDenmark