Organizational Beliefs and Managerial Vision

Organizational Beliefs and Managerial Vision Forthcoming in the Journal of Law, Economics, and Organization

Can managers have an impact on their firm that goes beyond their direct actions and decisions? This paper shows that a manager with strong beliefs about the right course of action will attract, through sorting in the labor market, employees with similar beliefs. This alignment of beliefs gives direction to the firm and has important implications for incentives and coordination. The paper then d...

Organizational Capital, Managerial Heterogeneity, and Firm Dynamics

We argue that economists have studied the role of management from three perspectives: contingency theory (CT), an organization-centric empirical approach (OC), and a leader-centric empirical approach (LC). To reconcile these three perspectives, we augment a standard dynamic firm model with organizational capital, an intangible, slow-moving, productive asset that can only be produced with the di...

Social-Organizational Knowledge and Managerial Decision-Making

Organizational and Managerial Processes and the Development of Dynamic Capabilities

Implementing open innovation: technological, organizational and managerial tools

The concept of Open Innovation (OI) has generated a great interest in the last decade (Chesbrough, 2003). Over time, Open Innovation Strategy was drawn as a “must” for many firms in different sectors. Implementing an open firm means defining a set of variables: the ‘who’ issue, i.e. with whom the collaboration should take place (Laursen and Salter, 2006), the ‘when’ issue, i.e. which phase(s) o...