Problemistic search theory, with its roots in the Carnegie School tradition, describes a
behaviorally plausible process by which firms learn from performance feedback. A firm's …

Slack is a prominent construct in management research, and has been shown to be relevant
for a wide range of phenomena. Yet, despite slack's prominence and breadth of application …

Managerial risk taking is a critical aspect of strategic management. To improve competitive
advantage and performance, managers need to take risks, often in an uncertain …

We posit that family firms often face a dilemma in their strategic decision making: whether to
maintain current socioemotional wealth or pursue prospective financial wealth. Applying …

We investigated the status of leadership theory integration by reviewing 14 years of
published research (2000 through 2013) in 10 top journals (864 articles). The authors of …

Research Summary: The unique preferences of family firms may lead to internationalization
strategies that differ from those of nonfamily firms. Furthermore, heterogeneity among family …

We examine the role of incumbent firms in develo** radical technologies, distinguishing
between their motivation and ability to develop radical inventions. We argue that the …

Purpose The purpose of this paper is to look at the impact of two most commonly used
heuristics, namely, representative bias and availability bias on investment decision making …

Resource allocation is fundamental to strategic management. Yet, surprisingly, there is not a
large body of literature specifically about the allocation of financial, physical, technological …

Firms consider multiple reference points simultaneously to assess performance; however,
these referents may be inconsistent in signaling success or failure. Consequently, decision …