Posted: Jun 01, 2010 10:05 pm
by iamthereforeithink
I'm not sure about which is considered more valid in actual biological and natural ecosystem evolution, but punctuated equilibrium works much better and explains more in the case of evolutionary theory as applied to evolution of business ecosystems and organizational behavior. Check out these papers:

Gersick, C.J.G. (1991) Revolutionary Change Theories: A Multi-Level Exploration of the Punctuated Equilibrium Paradigm, Academy of Management Review, 16(1), 10-36.

Hannan, M.T. and Freeman, J. (1977) The Population Ecology of Organizations, American Journal of Sociology, 82(5), 929-964.

Lichtenstein, B. M. (1995) Evolution or Transformation: A Critique and Alternative to Punctuated Equilibrium. Dorothy P. Moore, ed. Academy of Management Best Papers Proceedings, Madison, WI: Omnipress, 291–295.

Romanelli, E. and Tushman, M. (1994) Organizational Transformation as Punctuated Equilibrium: An Empirical Test, Academy of Management Journal, 37(5), 1141-1166.

Tushman, M. and Anderson, P. (1986) Technological Discontinuities and Organizational Environments, Administrative Science Quarterly, 31(3), 439-465.

Tushman, M. and Romanelli, E. (1985) Organizational Evolution: A Metamorphosis Model of Convergence and Reorientation, in L.L. Cummings and B.M. Staw (Eds.), Research in Organizational Behavior, Vol 7, 171-222, Greenwich, CT: JAI Press.