Exploring the Niche Overlaps between Organizational Ecology and Industrial Economics

32 Pages Posted: 29 Jan 2001

See all articles by Paul A. Geroski

Paul A. Geroski

London Business School; Centre for Economic Policy Research (CEPR)

Date Written: December 2000

Abstract

The goal of this essay is to bring the work of organizational ecologists on population dynamics to the attention of economists. Following a relatively brief exposition of the basic structure of the arguments made by organizational ecologists, we explore a number of areas where cross-fertilization between organizational ecology and economics seems promising. These include: examining the limits of competitive exclusion, exploring how models that focus on selection between firms might apply to selection between products, linking models of population dynamics to models which explain changes in market structures over time, and understanding the sources of structural inertia that limit the ability of firms to react to market events. We conclude by making a few observations on what each group of scholars might learn from the other.

Keywords: Industrial economics, industry populations, organizational ecology

JEL Classification: L10, L60

Suggested Citation

Geroski, Paul A., Exploring the Niche Overlaps between Organizational Ecology and Industrial Economics (December 2000). Available at SSRN: https://ssrn.com/abstract=258083

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