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An Advantage of Newness: Vicarious Learning Despite Limited Absorptive Capacity

Hart E. Posen, John S. Chen · 2013 · Organization Science

Summary. New firms entering markets typically lack the knowledge and capabilities of established competitors, but they can overcome this disadvantage through vicarious learning from incumbents. This study shows that new entrants actually learn more effectively from external knowledge during their own experiential learning processes than established firms do. Using data from U.S. commercial banking, the researchers find that entrants gain twice as much vicarious learning relative to their experiential learning compared to incumbents, suggesting newness creates a learning advantage rather than just a liability.

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Posen, H. E., & Chen, J. S.. (2013). An Advantage of Newness: Vicarious Learning Despite Limited Absorptive Capacity. Organization Science. https://doi.org/10.1287/orsc.1120.0815

Details

DOI
10.1287/orsc.1120.0815
Countries
United States
Regions
North America
Categories
innovation-theory, innovation-networks, general-innovation
Added
2026-04-28