Abstract Research Summary Strategy formation is central to why some firms seize novel
opportunities while others fail. We explore a core dilemma of strategy formation in …

Research summary Examining the strategy formation process is central to understanding
why some firms in entrepreneurial settings create competitive advantage and succeed while …

New ventures often experience deviations from their plans that oblige them to reorient in
pursuit of a better fit between their evolving products and their target customers. Yet …

While much research indicates that organizational processes are learned from experiences,
surprisingly little is known about what is actually learned. Using a novel method to measure …

Abstract Research Summary This article runs a large‐scale replication of Camuffo and
colleagues in 2020, involving 759 firms in four randomized control trials. The larger sample …

Acquiring the knowledge they need to organize new businesses is a life-long learning
process for nascent entrepreneurs, both before and during the organizing process. We …

This study draws upon effectuation and causation as examples of planning‐based and
flexible decision‐making logics and investigates dynamics in the use of both logics. The …

In this article, we examine competitive moves by which firms achieve superior performance.
In contrast to prior work that has focused on moves and the related competitive advantages …

Ventures operating under uncertainty face challenges defining a sustainable value
proposition. Six longitudinal case studies reveal two approaches to business model …

We examine how entrepreneurs rework the temporal commitments implicated in their
venture ideas when they persevere or pivot upon confronting unexpected events. To gain a …