PERSPECTIVE - Toward a Behavioral Theory of Strategy

By Giovanni Gavetti. Organ. Sci., 2012

427 citations recorded by the source corpus.

Subfields: Management Science and Operations Research, Organizational Behavior and Human Resource Management, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/27987a9222c762413fa92763ff5f1dab2765c107

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In Management Science and Operations Research

In Organizational Behavior and Human Resource Management

In Strategy and Management

Citations in the corpus

The Theory-Based View: Economic Actors as Theorists (2017, neutral): “…Levinthal, 2011; Powell et al., 2011; Sibony et al., 2017), which emphasize decision biases or highlight simple heuristics, distant search or association as vehicles to target value creation and generate strategic heterogeneity (Artinger et al., 2015; Bingham and Eisenhardt, 2011; Gavetti, 2012).”
Entrepreneurial failure: Statistical and psychological explanations (2016, background): “Recent years have seen a resurgence of interest in the cognitive and behavioral origins of strategic management (Powell, Lovallo and Fox, 2011; Gavetti, 2012).”
Will firms go green if it pays? The impact of disruption, cost, and external factors on the adoption of environmental initiatives (2017, background): “For example, work dating back as far as Cyert and March (1963) has demonstrated that managers frequently settle for local solutions, which allow them to maintain current operating routines (Gavetti, 2012; Stuart and Podolny, 1996).”
Economic Opportunity and Evolution: Beyond Landscapes and Bounded Rationality (2013, background): “But, more is needed, since the landscape metaphors, and associated methodologies and tools, are irreparably constrained in terms of their ability to actually explain novel, entrepreneurial and economic activity, despite the continuing efforts to try to do so (e.g., Gavetti, 2012).”
Corporate Foresight and its Impact on Firm Performance: A Longitudinal Analysis (2018, background): “The aim of this phase is to gain an insight advantage, which permits firms to identify a superior course of action that is distant from the status quo of the industry (Gavetti, 2012; Gavetti and Menon, 2016).”
Corporate foresight: An emerging field with a rich tradition (2015, background): “• Forward-looking search, which is based on the behavioural theory of the firm, emphasizes that individuals are bounded-rational, and therefore firm decision-making cannot be conceptualized as purely rational or analytic reasoning (Gavetti, 2012; Gavetti et al., 2012).”
Cognition and Capabilities: A Multi-Level Perspective (2013, background): “With roots in cognitive psychology (Gick & Holyoak, 1980), studies of organizational analogical reasoning suggest that it is key to strategic decision making (Gavetti, 2012; Gavetti et al., 2005).”
Moving Forward: Developing Theoretical Contributions in Management Studies (2014, background): “The computational image of the mind, for example, which initially emerged as an analogical extension of advances in artificial intelligence, has become a fundamental building block in cognitive psychology research and forms the core of the behavioural theory of the firm (e.g., Gavetti, 2012).”
Dynamic Managerial Capabilities (2015, background): “Gavetti (2012), however, argues that some managers have the capacity to make associations between knowledge structures in different contexts that enable them to sense cognitively distant yet superior market opportunities.”
Agency, structure, and the dominance of OEMs: Change and stability in the automotive sector (2016, background): “While cognitive differences and heterogeneity in frames and mental maps have been marshaled to explain firm-level performance heterogeneity (Gavetti, 2012; Gavetti and Levinthal, 2000), much less attention has been paid to framing contests between participants along an ecosystem.”