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 …

Innovation adoption is of utmost importance for company survival. That is why it is important
to develop a thorough understanding of this research domain and the themes it …

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 …

Firms use reference points to evaluate financial performance, frame gain or loss positions,
and guide strategic behavior. However, there is little theoretical underpinning to explain how …

The Behavioral Theory of the Firm has had an enormous influence on organizational theory,
strategic management, and neighboring fields of socio-scientific inquiry. Its central concepts …

We investigate born-global firms as early adopters of internationalization–that is, companies
that expand into foreign markets and exhibit international business prowess and superior …

The 20 years following the introduction of the seminal construct of absorptive capacity (AC)
by Cohen and Levinthal (Cohen, WM, DA Levinthal. 1989. Innovation and learning: The two …

Management innovation is the introduction of management practices new to the firm and
intended to enhance firm performance. Building on the organizational reference group …

Strategic imitation occurs when a firm purposefully attempts to reproduce, in whole or in part,
other firms' products, processes, capabilities, technologies, structures, or decisions in its …

Three distinct frameworks have been advanced by scholars to analyze organizational
aspirations: behavioral theory, Ansoff's strategic management view, and strategic reference …