The Behavioral Theory of the Firm: Assessment and Prospects

Academy of Management Annals

Volumn 6, Issue 1, 2012, Pages 1-40

  Gavetti, Giovanni ^a   Greve, Henrich R ^b   Levinthal, Daniel A ^c   Ocasio, William ^d  

^a HARVARD BUSINESS SCHOOL   (United States)

^b INSEAD ^*  (Singapore)

^c UNIVERSITY OF PENNSYLVANIA   (United States)

^d NORTHWESTERN UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84863614392     PISSN: 19416520     EISSN: 19416067     Source Type: Journal    
DOI: 10.1080/19416520.2012.656841     Document Type: Review

References (207)

1. Adner, R. and Levinthal, D. A. 2008. Doing versus seeing: Acts of exploitation and perceptions of exploration. Strategic Entrepreneurship Journal, 2: 43-52.
2. Aime, F., Johnson, S., Ridge, J. W. and Hill, A. D. 2010. The routine may be stable but the advantage is not: Competitive implications of key employee mobility. Strategic Management Journal, 31(1): 75-87.
3. Argote, L. 1999. Organizational learning: Creating, retaining, and transferring knowledge, Boston, MA: Kluwer Academic Publishers.
4. Argote, L. and Greve, H. R. 2007. A behavioral theory of the firm-40 years and counting: Introduction and impact. Organization Science, 18(3): 337-349.
5. Audia, P. G. and Greve, H. R. 2006. Less likely to fail: Low performance, firm size, and factory expansion in the shipbuilding industry. Management Science, 52(1): 83-94.
6. Axelrod, R. and Cohen, M. 1999. Harnessing complexity, New York: Free Press.
7. Bandura, A. and Jourden, F. J. 1991. Self-regulatory mechanisms governing the impact of social comparison on complex decision making. Journal of Personality and Social Psychology, 60(6): 941-951.
8. Barley, S.R. (1986). Technology as an occasion for restructuring: Evidence from observations of CT scanners and social order of radiology departments. Administrative Science Quarterly, 31(March), 24-60.
9. Barnett, W. P. and Hansen, M. 1996. The red queen in organizational evolution. Strategic Management Journal, 17: 139-157.
10. Barron, J., Chulkov, D., & Waddell, G. (2011). Top management team turnover, CEO succession type, and strategic change. Journal of Business Research, 64(8): 904-910.
11. Baum, J. A.C. and Berta, W. B. 1999. "Sources, dynamics, and speed: A longitudinal behavioral simulation of interorganizational and population-level learning". In Advances in strategic management, Edited by: Miner, Anne S. and Anderson, Philip. Vol. 16, 155-184. Stamford, CT: JAI Press.
12. Baum, J. A.C., Calabrese, T. and Silverman, B. S. 2000. Don't go it alone: Alliance network composition and startups' performance in Canadian biotechnology. Strategic Management Journal, 21(3): 267-294.
13. Baum, J. A.C. and Dahlin, K. B. 2007. Aspiration performance and railroads' patterns of learning from train wrecks and crashes. Organization Science, 18(3): 368-385.
14. Baum, J.A.C., & Ingram, P. (2002). Interorganizational learning and network organization: Toward a behavioral theory of the interfirm. In M. Augier & J. G. March (Eds.), The economics of choice, change and organization: Essays in memory of Richard M. Cyert (pp. 191-218). Cheltenham, UK: Elsevier.
15. Baum, J.A.C., & Ingram, P. (2002). Interorganizational learning and network organization: Toward a behavioral theory of the interfirm. In M. Augier & J. G. March (Eds.), The economics of choice, change and organization: Essays in memory of Richard M. Cyert (pp. 191-218). Cheltenham, UK: Elsevier.
16. Baum, J.A.C., & Ingram, P. (2002). Interorganizational learning and network organization: Toward a behavioral theory of the interfirm. In M. Augier & J. G. March (Eds.), The economics of choice, change and organization: Essays in memory of Richard M. Cyert (pp. 191-218). Cheltenham, UK: Elsevier.
17. Baum, J. A.C., Rowley, T. J., Shipilov, A. V. and Chuang, Y. T. 2005. Dancing with strangers: Aspiration performance and the search for underwriting syndicate partners. Administrative Science Quarterly, 50(4): 536-575.
18. Baum, J. R. and Wally, S. 2003. Strategic decision-making speed and firm performance. Strategic Management Journal, 24(11): 1107-1129.
19. Becker, M. C. 2008. Handbook of organizational routines, Edited by: Becker, M. C. Northampton, MA: Edward Elgar.
20. Beckman, C. M. 2006. The influence of founding team company affiliations on firm behavior. Academy of Management Journal, 49(4): 741-758.
21. Beckman, C. M. and Haunschild, P. R. 2002. Network learning: The effects of partners' heterogeneity of experience on corporate acquisitions. Administrative Science Quarterly, 47(1): 92-124.
22. Berry, D. A. and Fristedt, B. 1985. Bandit problems: Sequential allocation of experiments, London: Chapman and Hall.
23. Bouquet, C. and Birkinshaw, J. 2008. Weight versus voice: How foreign subsidiaries gain attention from corporate headquarters. Academy of Management Journal, 51(3): 577-601.
24. Brass, D.J. (1995). Creativity: It's all in your social network. In C.M. Ford & D.A. Gioia (Eds.), Creative action in organizations (pp. 94-99). Thousand Oaks, CA: Sage.
25. Briscoe, F. and Safford, S. 2008. The Nixon-in-China effect: Activism, imitation, and the institutionalization of contentious practices. Administrative Science Quarterly, 53(3): 460-491.
26. Carroll, G. and Harrison, R. 1994. On the historical efficiency of competition between organizational populations. American Journal of Sociology, 100(3): 720-749.
27. Chen, W. R. 2008. Determinants of firms' backward- and forward-looking R&D search behavior. Organization Science, 19(4): 609-622.
28. Chen, W. R. and Miller, K. D. 2007. Situational and institutional determinants of firms' R&D search intensity. Strategic Management Journal, 28(4): 369-381.
29. Cho, T. S. and Hambrick, D. C. 2006. Attention as the mediator between top management team characteristics and strategic change: The case of airline deregulation. Organization Science, 17(4): 453-469.
30. Christensen, C. 1997. The innovator's dilemma, New York: HarperCollins.
31. Christensen, M. and Knudsen, T. 2010. Design of decision-making organizations. Management Science, 56: 71-90.
32. Chung, C. N. and Luo, X. 2008. Institutional logics or agency costs: The influence of corporate governance models on business group restructuring in emerging economies. Organization Science, 19(5): 766-784.
33. Cohen, M. D. and Bacdayan, P. 1994. Organizational routines are stored as procedural memory: Evidence from a laboratory study. Organization Science, 5(4): 554-568.
34. Cohen, M. D., March, J. G. and Olsen, J. P. 1972. A garbage can model of organizational choice. Administrative Science Quarterly, 17: 1-25.
35. Combs, J. G., Ketchen, D. J., Perryman, A. A. and Donahue, M. S. 2007. The moderating effect of CEO power on the board composition-firm performance relationship. Journal of Management Studies, 44(8): 1299-1323.
36. Cyert, R. M. and March, J. G. 1963. A behavioral theory of the firm, Englewood Cliffs, NJ: Prentice-Hall.
37. Cyert, R. M. and March, J. G. 1992. A behavioral theory of the firm, 2, Cambridge, MA: Blackwell.
38. D'Aunno, T., Sutton, R.I., & Price, R.H. (1991). Isomorphism and external support in conflicting institutional environments: A study of drug abuse treatment units. Academy of Management Journal, 34(3), 636-661.
39. Dalton, M. 1959. Men who manage: Fusions of feeling and theory in administration, New York, NY: Wiley.
40. Darr, E.D., Argote, L., & Epple, D. (1995). The acquisition, transfer, and depreciation of knowledge in service organizations: Productivity in franchises. Management Science, 41(11), 1750-1762.
41. Davis, G. F. 2009. The rise and fall of finance and the end of the society of organizations. Academy of Management Perspectives, 23(3): 27-44.
42. Denrell, J. and March, J. 2001. Adaptation as information restriction: The hot stove effect. Organization Science, 12(5): 523-538.
43. Desai, V. M. 2008. Constrained growth: How experience, legitimacy, and age influence risk taking in organizations. Organization Science, 19(4): 594-608.
44. Desai, V. 2010a. Do organizations have to change to learn?Examining the effects of technological change and learning from failures in the natural gas distribution industry. Industrial and Corporate Change, 19(3): 713-739.
45. Desai, V. 2010b. Ignorance isn't bliss: Complaint experience and organizational learning in the California nursing home industry, 1997-2004. British Journal of Management, 21(4): 829-842.
46. Dosi, G., Nelson, R. R. and Winter, S. G. 2000. The nature and dynamics of organizational capabilities, Oxford: Oxford University Press.
47. Dunn, M. B. and Jones, C. 2010. Institutional logics and institutional pluralism: The contestation of care and science logics in medical education, 1967-2005. Administrative Science Quarterly, 55(1): 114-149.
48. Edmondson, A.C., Winslow, A.B., & Bohmer, R.M. (2003). Learning how and learning what: Effects of tacit and codified knowledge on performance improvement following technology adoption. Decision Science, 34(2), 197-223.
49. Eggers, J. P. and Kaplan, S. 2009. Cognition and renewal: Comparing CEO and organizational effects on incumbent adaptation to technical change. Organization Science, 20(2): 461-477.
50. Eisenhardt, K. M. and Bourgeois, L. J. 1988. Politics of strategic decision making in high-velocity environments: Towards a midrange theory. Academy of Management Journal, 31(4): 737-770.
51. Eisenhardt, K. M. and Martin, J. A. 2000. Dynamic capabilities: What are they?. Strategic Management Journal, 21(10): 1105-1121.
52. Emerson, R. 1962. Power-dependence relations. American Sociological Review, 27(1): 31-41.
53. Ethiraj, S. K. and Levinthal, D. 2004. Modularity and innovation in complex systems. Management Science, 50: 159-173.
54. Ethiraj, S. K. and Levinthal, D. 2009. Hoping for A to Z while rewarding only A: Complex organizations and multiple goals. Organization Science, 20: 4-24.
55. Feldman, M. S. 2000. Organizational routines as a source of continuous change. Organization Science, 11(6): 611-629.
56. Feldman, M. S. and Pentland, B. T. 2003. Reconceptualizing organizational routines as a source of flexibility and change. Administrative Science Quarterly, 48(1): 94-118.
57. Felin, T., & Foss, N.J. (2005). Strategic organization: A field in search of micro-foundations. Strategic Organization, 3(4), 441-455.
58. Fiss, P. C. and Zajac, E. 2004. The diffusion of ideas over contested Terrain: The (non)adoption of a shareholder value orientation in German firms. Administrative Science Quarterly, 49(4): 501-534.
59. Foss, N. J. and Knudsen, T. 2003. The resource-based tangle: Towards a sustainable explanation of competitive advantage. Managerial & Decision Economics, 24(4): 291-307.
60. Gavetti, G. 2005. Cognition and hierarchy: Rethinking the microfoundations of capabilities' development. Organization Science, 16: 599-619.
61. Gavetti, G. 2011. The new psychology of strategic leadership. Harvard Business Review, July-August
62. Gavetti, G. 2012. Toward a behavioral theory of strategy. Organization Science, 23(1), 267-285
63. Gavetti, G. and Levinthal, D. 2000. Looking forward and looking backward: Cognitive and experiential search. Administrative Science Quarterly, 45: 113-137.
64. Gavetti, G., & Levinthal, D. (2004). The strategy field from the perspective of management science: Divergent strands and possible integration. Management Science, 50(10), 1309-1318.
65. Gavetti, G., Levinthal, D. and Ocasio, W. 2007. Neo-Carnegie: The Carnegie school's past, present, and reconstructing for the future. Organization Science, 18(3): 523-536.
66. Gavetti, G., Levinthal, D. and Rivkin, J. 2005. Strategy making in novel and complex worlds: The power of analogy. Strategic Management Journal, 26: 691-712.
67. Giachetti, C. and Lampel, J. 2010. Keeping both eyes on the competition: Strategic adjustment to multiple targets in the UK mobile phone industry. Strategic Organization, 8(4): 347-376.
68. Gibbons, R. 2003. Team theory, garbage cans, and real organizations: Some history and prospects of economic research on decision-making in organizations. Industrial and Corporate Change, 12(4): 753-787.
69. Gittins, J. C. 1979. Bandit processes and dynamic allocation indices. Journal of the Royal Statistical Society. Series B (Methodological), 41(2): 148-177.
70. Greenwood, R., Raynard, M., Kodeih, F., Micelotta, E. R. and Lounsbury, M. 2011. Institutional complexity and organizational responses. Academy of Management Annals, 5: 317-371.
71. Greve, H. R. 1998. Performance, aspirations, and risky organizational change. Administrative Science Quarterly, 44: 58-86.
72. Greve, H. R. 2003a. Organizational learning from performance feedback: A behavioral perspective on innovation and change, Cambridge: Cambridge University Press.
73. Greve, H. R. 2003b. A behavioral theory of R&D expenditures and innovation: Evidence from shipbuilding. Academy of Management Journal, 46(6): 685-702.
74. Greve, H. R. 2007. Exploration and exploitation in product innovation. Industrial and Corporate Change, 16(5): 945-975.
75. Greve, H. R. 2008. A behavioral theory of firm growth: Sequential attention to size and performance goals. Academy of Management Journal, 51(3): 476-494.
76. Greve, H. R. 2011. Positional rigidity: Low performance and resource acquisition in large and small firms. Strategic Management Journal, 32(1): 103-114.
77. Greve, H. R., Palmer, D. and Pozner, J. E. 2010. Organizations gone wild: The causes, processes, and consequences of organizational misconduct. Academy of Management Annals, 4: 53-107.
78. Guillen, M. F. 1994. Models of management: Work, authority, and organization in a comparative perspective, Chicago, IL: University of Chicago Press.
79. Gulati, R., & Gargiulo, M. (1999). Where do interorganizational networks come from? American Journal of Sociology, 104(5), 1439-1493.
80. Gupta, A., Smith, K. and Shalley, C. 2006. The interplay between exploration and exploitation. Academy of Management Journal, 49(4): 693-706.
81. Haleblian, J. J., Kim, J. Y.J. and Rajagopalan, N. 2006. The influence of acquisition experience and performance on acquisition behavior: Evidence from the US commercial banking industry. Academy of Management Journal, 49(2): 357-370.
82. Hambrick, D. C. and Mason, P. A. 1984. Upper echelons: The organization as a reflection of its top managers. Academy of Management Review, 9(2): 193-206.
83. Hansen, M.T. (2002). Knowledge networks: Explaining effective knowledge sharing in multiunit companies. Organization Science, 13(3), 232-248.
84. Hansen, M. T. and Haas, M. R. 2001. Competing for attention in knowledge markets: Electronic document dissemination in a management consulting company. Administrative Science Quarterly, 46(1): 1-28.
85. Harris, J. D. and Bromiley, P. 2007. Incentives to cheat: The influence of executive compensation and firm performance on financial misrepresentation. Organization Science, 18(3): 350-367.
86. Haunschild, P.R., & Sullivan, B.N. (2002). Learning from complexity: Effects of prior accidents and incidents on airlines' learning. Administrative Science Quarterly, 47(December), 609-643.
87. Helfat, C.E., & Peteraf, M.A. (2009). Understanding dynamic capabilities: Progress along a developmental path. Strategic Organization, 7, 91-102.
88. Hoffman, A. J. 1999. Institutional evolution and change: Environmentalism and the U.S. chemical industry. Academy of Management Journal, 42(4): 351-371.
89. Hoffman, A. J. and Ocasio, W. 2001. Not all events are attended equally: Toward a middle-range theory of industry attention to external events. Organization Science, 12(4): 414-434.
90. Holland, J. 1975. Adaptation in natural and artificial systems: An introductory analysis with applications to biology, control & artificial intelligence, Ann Arbor: University of Michigan Press.
91. Holyoak, K. J. and Thagard, P. 1996. Mental leaps. Analogy in creative thought, Cambridge: MIT Press.
92. Ingram, P. (2002). Interorganizational learning. In J.A.C. Baum (Ed.), The Blackwell companion to organizations (pp. 642-663). Oxford, UK: Blackwell.
93. Ingram, P., & Baum, J.AC. (1997). Opportunity and constraint: Organizations' learning from the operating and competitive experience of industries. Strategic Management Journal, 18(Summer), 75-98.
94. Iyer, D. N. and Miller, K. D. 2008. Performance feedback, slack, and the timing of acquisitions. Academy of Management Journal, 51(4): 808-822.
95. Jacobides, M. G. 2007. The inherent limits of organizational structure and the unfulfilled role of hierarchy: Lessons from a near-war. Organization Science, 18(3): 455-477.
96. Jara-Bertin, M., López-Iturriaga, F. J. and López-De-Foronda, Ó. 2008. The contest to the control in European family firms: How other shareholders affect firm value. Corporate Governance: An International Review, 16(3): 146-159.
97. Jung, J. C. and Bansal, P. 2009. How firm performance affects internationalization. Management International Review, 49(6): 709-732.
98. Kaplan, S. 2008. Cognition, capabilities and incentives: Assessing firm response to the fiber-optic revolution. Academy of Management Journal, 51(4): 672-694.
99. Kauffman, S. A. 1993. The origins of order, Oxford: Oxford University Press.
100. Ketokivi, M. and Castañer, X. 2004. Strategic planning as an integrative device. Administrative Science Quarterly, 49(3): 337-365.
101. Khanna, T. and Rivkin, J. W. 2001. Estimating the performance effect of business groups in emerging markets. Strategic Management Journal, 22(1): 45-74.
102. Knott, A. M. 2001. The dynamic value of hierarchy. Management Science, 47(3): 430-448.
103. Knott, A. M. 2003. The organizational routines factor market paradox. Strategic Management Journal, 24: 929-943.
104. Knudsen, T. and Levinthal, D. 2007. Two faces of search: Alternative generation and alternative evaluation. Organizational Science, 18: 39-54.
105. Lant, T. K. 1992. Aspiration level adaptation: An empirical exploration. Management Science, 38(5): 623-644.
106. Lant, T. K. and Mezias, S. 1992. An organizational learning model of convergence and reorientation. Organization Science, 3(1): 47-71.
107. Lave, C.A., & March, J.G. (1976). An introduction to models in the social sciences. New York: Harper & Row.
108. Lavie, D., & Rosenkopf, L. (2006). Balancing exploration and exploitation in alliance formation. Academy of Management Journal, 49(4), 797-818.
109. Le Mens, G. and Denrell, J. 2011. Rational learning and information sampling: On the naivety assumption in sampling explanations of judgment biases. Psychological Review, 18(2): 379-392.
110. Levinthal, D. 1997. Adaptation on rugged landscapes. Management Science, 43: 934-950.
111. Levinthal, D. and March, J. G. 1981. A model of adaptive organizational search. Journal of Economic Behavior and Organizations, 2: 307-333.
112. Levinthal, D. and March, J. G. 1993. The myopia of learning. Strategic Management Journal, 14: 95-112.
113. Levinthal, D. and Rerup, C. 2006. Crossing an apparent chasm: Bridging mindful and less-mindful perspectives on organizational learning. Organization Science, 17(4): 502-513.
114. Levitt, B. and March, J. G. 1988. "Organizational learning". In Annual Review of Sociology, Edited by: Scott, W. R. and Blake, J. Vol. 14, 319-340. Palo Alto, CA: Annual Reviews.
115. Levy, O. 2005. The influence of top management team attention patterns on global strategic posture of firms. Journal of Organizational Behavior, 26(7): 797-819.
116. Lincoln, J. R., Gerlach, M. L. and Ahmadjian, C. L. 1996. Keiretsu networks and corporate performance in Japan. American Sociological Review, 61(February): 67-88.
117. Lounsbury, M. 2007. A tale of two cities: Competing logics and practice variation in the professionalizing of mutual funds. Academy of Management Journal, 50(2): 289-307.
118. Lovallo, D., Clarke, C., & Camerer, C. (Forthcoming). Robust analogizing and the outside view: Two empirical tests of case-based decision making. Strategic Management Journal.
119. Luo, X. and Chung, C-N. 2005. Keeping it all in the family: The role of particularistic relationships in business group performance during institutional transition. Administrative Science Quarterly, 50(3): 404-439.
120. Madsen, P. M. and Desai, V. M. 2010. Failing to learn? The effects of failure and success on organizational learning in the global orbital launch vehicle industry. Academy of Management Journal, 53(3): 451-476.
121. Marcel, J. J., Barr, P. S. and Duhaime, I. M. 2011. The influence of executive cognition on competitive dynamics. Strategic Management Journal, 32(2): 115-138.
122. March, J. G. 1962. The business firm as a political coalition. Journal of Politics, 24: 662-678.
123. March, J.G. (1978). Bounded rationality, ambiguity, and the engineering of choice. Bell Journal of Economics, 9, 587-608.
124. March, J. G. 1981. Footnotes to organizational change. Administrative Science Quarterly, 26: 563-567.
125. March, J. G. 1991. Exploration and exploitation in organizational learning. Organization Science, 2: 71-87.
126. March, J. G. 1996. Learning to be risk averse. Psychological Review, 103(2): 309-319.
127. March, J. G. 2003. Understanding organizational adaptation. Society and Economy, 25(1): 1-10.
128. March, J. G. 2005. Parochialism in the evolution of a research community. Management and Organization Review, 1(1): 5-22.
129. March, J. G. 2010. The ambiguities of experience, Ithaca, NY: Cornell University Press.
130. March, J. G. and Olsen, J. P. 1976. Ambiguity and choice in organizations, Bergen: Scandinavian University Press.
131. March, J. G., Schulz, M. and Zhou, X. 2000. The dynamics of rules: Change in written organizational codes, Stanford, CA: Stanford University Press.
132. March, J. G. and Simon, H. A. 1958. Organizations, New York: Wiley.
133. March, J. L., Sproull, S. and Tamuz, M. 1991. Learning from samples of one or fewer. Organization Science, 2: 1-13.
134. Marengo, L., Dosi, G., Legrenzi, P. and Pasquali, C. 2000. The structure of problem-solving knowledge and the structure of organizations. Industrial and Corporate Change, 9: 757-788.
135. Massini, S., Lewin, A. Y. and Greve, H. R. 2005. Innovators and imitators: Organizational reference groups and adoption of organizational routines. Research Policy, 34(10): 1550-1569.
136. McDonald, M. L. and Westphal, J. D. 2003. Getting by with the advice of their friends: CEOs' advice networks and firms' strategic responses to poor performance. Administrative Science Quarterly, 48(1): 1-32.
137. Meeus, M. T.H., Oerlemans, L. A.G. and Hage, J. 2001. Patterns of interactive learning in a high-tech region. Organization Studies, 21(2): 145-172.
138. Meyer, J. W. and Rowan, B. 1977. Institutionalized organizations: Formal structure as myth and ceremony. American Journal of Sociology, 83: 340-363.
139. Mezias, S. and Glynn, M. A. 1993. The three faces of corporate renewal: Institution, revolution, and evolution. Strategic Management Journal, 14(2): 77-101.
140. Miller, J. and Page, S. 2007. Complex adaptive systems: An introduction to computational models of social life, Princeton, NJ: Princeton University Press.
141. Miner, A.S., & Anderson, P. (1999). Industry and population-level learning: Organizational, interorganizational, and collective learning processes. In A.S. Miner & P. Anderson (Eds.), Advances in strategic management (Vol. 16, pp. 1-30). Greenwich, CT: JAI Press.
142. Miner, A. S., Kim, J-Y., Holzinger, I. W. and Haunschild, P. R. 1999. "Fruits of failure: Organizational failure and population-level learning". In Advances in strategic management, Edited by: Miner, A. and Anderson, P. 187-220. Greenwich, CT: JAI Press.
143. Miner, A. S. and Mezias, S. J. 1996. Ugly duckling no more: Pasts and futures of organizational learning research. Organization Science, 7(1): 88-99.
144. Mishina, Y., Dykes, B. J., Block, E. S. and Pollock, T. G. 2010. Why SPiquotSPigoodSPiquotSPi firms do bad things: The effects of high aspirations, high expectations, and prominence on the incidence of corporate illegality. Academy of Management Journal, 53(4): 701-722.
145. Mohr, L. B. 1971. Organizational technology and organizational structure. Administrative Science Quarterly, 16: 444-459.
146. Mors, M. L. 2010. Innovation in a global consulting firm: When the problem is too much diversity. Strategic Management Journal, 31(8): 841-872.
147. Nadkarni, S. and Barr, P. S. 2008. Environmental context, managerial cognition, and strategic action: An integrated view. Strategic Management Journal, 29(13): 1395-1427.
148. Nelson, R. R. and Winter, S. G. 1982. An evolutionary theory of economic change, Cambridge, MA: Harvard University Press.
149. Nelson, R.R., & Winter, S.G. (2002). Evolutionary theorizing in economics. Journal of Economic Perspectives, 16(2), 23-46.
150. Nigam, A. and Ocasio, W. 2010. Event attention, environmental sensemaking, and change in institutional logics: An inductive analysis of the effects of public attention to Clinton's health care reform initiative. Organization Science, 21(4): 823-841.
151. Ocasio, W. 1994. Political dynamics and the circulation of power: CEO succession in U.S. industrial corporations, 1960-1990. Administrative Science Quarterly, 39(2): 285-312.
152. Ocasio, W. 1997. Towards an attention-based view of the firm. Strategic Management Journal, 18: 187-206.
153. Ocasio, W. 1999. Institutionalized action and corporate governance: The reliance on rules of CEO succession. Administrative Science Quarterly, 44(2): 384-416.
154. Ocasio, W. 2011. Attention to attention. Organization Science, 22(5): 1286-1296.
155. Ocasio, W. and Joseph, J. 2005. "An attention-based theory of strategy formulation: Linking micro- and macroperspectives in strategy processes". In Strategy process (Advances in strategic management), Edited by: Szulanski, G., Porac, J. and Doz, Y. Vol. 22, 39-61. Bingley, UK: Emerald Group Publishing Limited.
156. Ocasio, W. and Joseph, J. 2008. Rise and fall, or transformation? The evolution of strategic planning at General Electric. Long Range Planning, 41(3): 248-272.
157. Ocasio, W. and Kim, H. 1999. The circulation of corporate control: Selection of functional backgrounds of new CEOs in large U.S. manufacturing firms, 1981-1992. Administrative Science Quarterly, 44(3): 532-562.
158. Pache, A. C. and Santos, F. 2010. When worlds collide: The internal dynamics of organizational responses to conflicting institutional demands. Academy of Management Review, 35(3): 455-476.
159. Papadakis, V. M., Lioukas, S. and Chambers, D. 1998. Strategic decision-making processes: The role of management and context. Strategic Management Journal, 19(2): 115-147.
160. Park, K. M. 2007. Antecedents of convergence and divergence in strategic positioning: The effects of performance and aspiration on the direction of strategic change. Organization Science, 18(3): 386-402.
161. Parmigiani, A. and Howard-Grenville, J. 2011. Routines revisited: Exploring the capabilities and practice perspectives. Academy of Management Annals, 5: 413-453.
162. Pentland, B. T. and Rueter, H. H. 1994. Organizational routines as grammars of action. Administrative Science Quarterly, 39(3): 484-510.
163. Perrow, C. 1967. A framework for the comparative analysis of organizations. American Sociological Review, 32(2): 194-208.
164. Pfeffer, J. 1981. Power in organizations, Marshfield, MA: Pitman.
165. Pfeffer, J. and Salancik, G. R. 1978. The external control of organizations: A resource dependence perspective, New York, NY: Harper and Row.
166. Posen, H. and Levinthal, D. forthcoming. Chasing a moving target: Exploration and exploitation in dynamic environments. Management Science,
167. Reagans, R. and Zuckerman, E. W. 2001. Networks, diversity, and productivity: The social capital of corporate R&D teams. Organization Science, 12(4): 502-517.
168. Repenning, N. P. 2002. A simulation-based approach to understanding the dynamics of innovation implementation. Organization Science, 13(2): 109-127.
169. Rerup, C. 2009. Attentional triangulation: Learning from unexpected rare crises. Organization Science, 20(5): 876-893.
170. Rhee, M. 2009. Does reputation contribute to reducing organizational errors? A learning approach. Journal of Management Studies, 46(4): 676-703.
171. Rivkin, J. 2000. Imitation of complex strategies. Management Science, 46: 824-844.
172. Rivkin, J. and Siggelkow, N. 2003. Balancing search and stability: Interdependencies among elements of organizational design. Management Science, 49: 290-321.
173. Robbins, H. 1952. Some aspects of the sequential design of experiments. Bulletin of the American Mathematical Society, 58: 527-535.
174. Rosenkopf, L., Metiu, A. and George, V. P. 2001. From the bottom up? Technical committee activity and alliance formation. Administrative Science Quarterly, 46(4): 748-772.
175. Rosenkopf, L. and Nerkar, A. 2001. Beyond local search: Boundary-spanning, exploration, and impact in the optical disc industry. Strategic Management Journal, 22(4): 287-306.
176. Sah, R. and Stiglitz, J. 1986. The architecture of economic systems: Hierarchies and polyarchies. American Economic Review, 76: 716-727.
177. Salge, T. O. 2011. A behavioral model of innovative search: Evidence from public hospital services. Journal of Public Administration Research & Theory, 21(1): 181-210.
178. Schulz, M. 2001. The uncertain relevance of newness: Organizational learning and knowledge flows. Academy of Management Journal, 44(4): 661-681.
179. Schulz, M. 2002. "Organizational learning". In Companion to organizations, Edited by: Baum, J. A.C. 415-441. Oxford, UK: Blackwell.
180. Schwab, A. 2007. Incremental organizational learning from multilevel information sources: Evidence for cross-level interactions. Organization Science, 18(2): 233-251.
181. Schwab, A. and Miner, A. S. 2008. Learning in hybrid-project systems: The effects of project performance on repeated collaboration. Academy of Management Journal, 51(6): 1117-1149.
182. Shen, W. and Cannella, A. A. 2002. Power dynamics within top management and their impacts on CEO dismissal followed by inside succession. Academy of Management Journal, 45(6): 1195-1206.
183. Shimizu, K. 2007. Prospect theory, behavioral theory, and the threat-rigidity thesis: Combinative effects on organizational decisions to divest formerly acquired units. Academy of Management Journal, 50(6): 1495-1514.
184. Shipilov, A. V., Greve, H. R. and Rowley, T. J. 2010. When do interlocks matter? Institutional logics and the diffusion of multiple corporate governance practices. Academy of Management Journal, 53(4): 846-864.
185. Shipilov, A., Li, S.X., & Greve, H.R. (2011). The prince and the pauper: Search and brokerage in the initiation of status-heterophilous ties. Organization Science, 22(6), 1418-1434.
186. Simon, H. A. 1947. Administrative behavior: A study of decision-making processes in administrative organizations, New York, NY: Macmillan.
187. Simon, H. 1955. A behavioral model of rational choice. Quarterly Journal of Economics, 69: 99-118.
188. Simon, H. 1962. The architecture of complexity. Proceedings of the American Philosophical Society, 106: 467-482.
189. Simons, T. and Roberts, P. W. 2008. Local and non-local pre-founding experience and new organizational form penetration: The case of the Israeli wine industry. Administrative Science Quarterly, 53(2): 235-265.
190. Stinchcombe, A.L. (1965). Social structure and organizations. In J.G. March (Ed.), Handbook of organizations (pp. 153-193). Chicago, IL: Rand McNally.
191. Stuart, T. E. and Podolny, J. M. 1996. Local search and the evolution of technological capabilities. Strategic Management Journal, 17(Summer special issue): 21-38.
192. Sutton, R. S. and Barto, A. G. 1998. Reinforcement learning: An introduction, Cambridge, MA: MIT Press.
193. Szulanski, G., & Jensen, R.J. (2006). Presumptive adaptation and the effectiveness of knowledge transfer. Strategic Management Journal, 27(10), 937-957.
194. Taylor, A. and Greve, H. R. 2006. Superman or the fantastic four? Knowledge combination and experience in innovative teams. Academy of Management Journal, 49(4): 723-740.
195. Teece, D. J. 2007. Explicating dynamic capabilities: The nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal, 28(13): 1319-1350.
196. Thornton, P. H. 2004. Markets from culture: Institutional logics and organizational decisions in higher education publishing, Stanford, CA: Stanford University Press.
197. Thornton, P. H. and Ocasio, W. 1999. Institutional logics and the historical contingency of power in organizations: Executive succession in the higher education publishing industry, 1958-1990. American Journal of Sociology, 105(3): 801-843.
198. Tuggle, C. S., Sirmon, D. G., Reutzel, C. R. and Bierman, L. 2010. Commanding board of director attention: Investigating how organizational performance and CEO duality affect board members' attention to monitoring. Strategic Management Journal, 31(9): 946-968.
199. Van Ees, H., Gabrielsson, J. and Huse, M. 2009. Toward a behavioral theory of boards and corporate governance. Corporate Governance: An International Review, 17(3): 307-319.
200. Vaughn, D. 1996. The challenger launch decision: Risky technology, culture, and deviance at NASA, Chicago, IL: University of Chicago Press.
201. Vissa, B., Greve, H. R. and Chen, W. 2010. Business group affiliation and firm search behavior in India: Responsiveness and focus of attention. Organization Science, 21(3): 696-712.
202. Weber, K., Davis, G. F. and Lounsbury, M. 2009. Policy as myth and ceremony? The global spread of stock exchanges, 1980-2005. Academy of Management Journal, 52(6): 1319-1347.
203. Weber, K., Rao, H. and Thomas, L. G. 2009. From streets to suites: How the anti-biotech movement affected German pharmaceutical firms. American Sociological Review, 74(1): 106-127.
204. Zander, U., & Kogut, B. (1995). Knowledge and the speed of transfer and imitation of organizational capabilities: An empirical test. Organization Science, 6(January), 76-92.
205. Zbaracki, M. J. and Bergen, M. 2010. When truces collapse: A longitudinal study of price-adjustment routines. Organization Science, 21(5): 955-972.
206. Zhang, Y. 2006. The presence of a separate COO/president and its impact on strategic change and CEO dismissal. Strategic Management Journal, 27: 283-300.
207. Zollo, M., & Winter, S.G. (2002). Deliberate learning and the evolution of dynamic capabilities. Organization Science, 13(3), 339-351.