With the development of economy, original pure rational strategic management could not adapt to the complex and ever-changing environment now. The world is changing and becoming more and more unpredictable with each passing day. A kind of irrational strategic management is emerging quietly. This passage introduces the development of irrational strategic management and its function in strategic ...

This paper draws on and extends the emerging literature on dynamic capabilities to understand and explain the role ofinformation systems (IS) assets in creating business value. Our analysis identifies the critical roles of managerial actions andthe organizational context in identifying, resourcing and implementing IS-enabled competitive actions in delivering businessvalue. This paper extends ea...

Recent analyses of entry deterrence strategies have required an incumbent’s post-entry output or pricing strategy to be profit maximizing. However, most papers have continued to assume that either an incumbent can commit not to exit after entry or that exit is never optimal. When there are avoidable fixed costs of operating in any period, however, exit can be the optimal strategy. In this situa...

Purpose This study aims to investigate the relationships between firms’ strategic planning (SP), leadership and technology transfer competence (TTC) by specifically incorporating mediating role of quality management (SQM). Design/methodology/approach performs structural equation modeling using AMOS on survey data collected from 200 Turkish firms operating in multiple industries sectors. Finding...

We thank Eduardo Lora for comments on a previous version. Arturo Galindo is an economist in the Research Department of the Inter-American Development Bank, Margaret Miller at the Corporate Strategy Group and Office of the Chief Economist of the World Bank. The views expressed in this document are of the authors and do not necessarily reflect those of the Inter-American Development Bank or the W...

This paper considers a house allocation problem with no initial ownership and where prices are bounded from below and above by exogenously given price restrictions. This type of housing market contains, e.g., the “assignment market” and the “student placement problem” as special cases. A mechanism called the minimal RPE mechanism is defined, and two main results are obtained. First, it is demon...