A concern with teams was central to early attempts to grasp the nature of the firm, but fell out of favor in later work. We encourage a return to the emphasis on teams, but argue that the idea of teams as central to the nature of the firm needs to be grounded in an appreciation of the importance...

It is argued that cognitive coordination plays acentral role for trust-based cooperation and communication among entrepreneursin a regional cluster. This analysisalso proposes an explanation for howand why cognitive coordination may be especially efficient within regionalclusters.Cognitive...

Agency theory is one of the most important foundational theories in management research, but it rests on tenuous cognitive assumptions. We combine classical agency theory with a realistic theory of the intrinsically imperfect human potential for interpersonal sensemaking. This allows us to...