We surveyed 184 graduating MBA students using an adaptive conjoint instrument to ascertain the resources they would require for starting their own new firm rather than accepting a job offer with an existing firm. Our investigation enabled us to quantify the utility of a heterogeneous set of...

Strategists can gain a lot from knowing how to use abduction well. Abduction is making inferences to the best explanation from information that is surprising or anomalous - both very typical in strategic decision making. Abduction is a process frequently integral to problem defining. Problem...

Dosi's work on technology paradigms and trajectories has emerged as an important idea in evolutionary approaches to the economics of innovation. This paper explores these ideas using one particular case history. I examine how two technology paradigms clashed in the RFID industry in the 2000-2002...

For almost fifty years now, following the trail of issues raised by economists such as Hayek, Schumpeter, Kirzner and Arrow, researchers have studied the economics of technological change and the problem of allocation of resources for invention (invention being the production of information)....