Learning from the Competition: External Spillovers
and the Organizational Structures of Competing Multi-Unit Firms
Myong-Hun Chang and Joseph E. Harrington, Jr.
m.chang@csuohio.edu\ulnone , joe.harrington@jhu.edu
How does the existence of the opportunity for \i external\i0
spillovers (learning from the competition) influence the way \i internal\i0
spillovers (intra-organizational mutual learning) are coordinated in multi-unit
organizations? We investigate this question by constructing a computational
model of competing retail chains engaged in long-term rivalry in multiple
markets. The setting is one in which each market is served by several
chains. Consumers engage in the search to find the store that best
fits their needs, while chains compete by improving their stores\rquote
practices over time. The chains are modeled as multi-agent adaptive
systems composed of boundedly rational store managers who engage in adaptive
learning over time: Each store develops new ideas on their own (innovation)
but also learns about new practices of other stores in their chain (via headquarters).
As the potential sources of innovative ideas are distributed among multiple
agents (store managers), rather than concentrated at the central headquarters,
it then becomes critical that the process of innovation and knowledge utilization
be coordinated in a way that permits the firm to compete effectively against
its rival in local markets. We consider two organizational structures
under which the newly generated knowledge may be communicated and utilized
within an organization: 1) under centralization the corporate staff
has the ultimate authority to adopt and mandate new practices, while 2) under
decentralization store managers have the freedom to make their own adoption
decisions.\f0\fs22 In this setting, we introduce the possibility that
the various units as well as the headquarters of competing chains may learn
from one another through external spillovers in local markets. Our
objective is to examine the effects such spillovers have on the relative
performance of centralized and decentralized organizational structures.
The simulation results suggest that the existence of external spillovers
benefits decentralization initially, but ultimately favors centralization
in the long run.