Authors
Tian Heong Chan, Yonghoon G Lee, HeeJung Jung
Publication date
2021/11
Journal
Organization Science
Volume
32
Issue
6
Pages
1523-1541
Publisher
INFORMS
Description
A new design can be compared with its contemporaries or older designs. In this study, we argue that the temporal distance between the new design and its comparison play an important role in understanding how a new design’s similarity with other designs contributes to its valuation. Construing the value of designs as a combination of their informational value and their expressive value, we propose the “anchored differentiation” hypothesis. Specifically, we argue that expressive value (which is enhanced by how much the new design appears different from others) is emphasized more than informational value (which is enhanced by how much the new design appears similar to others) compared with contemporary designs. Informational value, however, is emphasized more than expressive value when compared against designs from the past. Therefore, both difference from other contemporary designs …
Total citations
2020202120222023202421841