We challenge the widely accepted premise that the valuation of an early-stage firm is simply the capital invested (USD) divided by the equity received (%). Instead, we argue that this calculation determines the break-even point for the investor; for example, investing USD 1.0 in exchange for a...

The central task of contemporary strategic management is to look for sources of value and to achieve above- average firm performance. The effective implementation of a value creation strategy requires a comprehensive approach, including the creation of a systemic management structure aimed at...

Firm competitiveness is a crucial trait of companies which managers strive to improve, and even policy makers focus on it regarding economic development. As companies are embedded into different layers of the environment, this study aims to identify the influence of top managerial perception...

Considering the rapid advancements in artificial intelligence (AI) and their potential implications for the higher education sector, this article seeks to critically evaluate the strategic adoption of AI in the framework of "smart universities". We envisage these innovative institutions as the...

This article studies the relationship between changes in the external business environment, a firm's innovation strategies towards customers, and performance. A model of relations was developed, as well as a hypothesis: "The use of the differentiation strategy has a positive effect on firm's...

Teece asserts that competition policy is so outdated that it now significantly degrades the ability of Big Tech firms to bring socially beneficial innovations to market. He suggests that strategic management research is essential in the struggle to update such policies. We counter that none of...

Big data are known to improve operational efficiency, competitiveness, and performance. Despite these unprecedented benefits, the understanding of how big data transform organizational processes remains limited. To address this gap, this research empirically investigates how big data analytics...

This paper identifies the salient features of feedforward control and the advantages that it provides vis-à-vis feedback control. These advantages are especially salient in strategic control situations and also during periods of environmental turbulence and extreme strategic discontinuity....

This research paper explores the relationship between firm internationalisation and digital resource use. On the one hand, the modularity of digital resources and their applicability in different international contexts provide significant benefits to multinational companies. On the other hand,...

The concept of digital maturity has gained prominence in the context of digital transformation. It refers to an organization's ability to effectively adapt to changing environments using digital technologies. At the same time, the dynamic capabilities of an organization play a crucial role in...

The present document provides guidance on how to ensure that Erasmus+ and European Solidarity Corps contribute systematically to the digital transition through impactful activities. The aim of the current guidelines is to engage, inspire and motivate Erasmus+ and European Solidarity Corps...

The present document provides guidance on how to ensure that Erasmus+ and European Solidarity Corps contribute systematically to the digital transition through impactful activities. The aim of the current guidelines is to engage, inspire and motivate Erasmus+ and European Solidarity Corps...

Strategic learning self-efficacy reflects the confidence of managers in their ability to learn from the outcomes of past strategic decisions and apply that knowledge to new decisions. This research examines the relationship between strategic learning self-efficacy and a firm's industry-adjusted...