Abstract Managers are often faced with the need to choose among multiple satisficing options. We call this situation equifinal choice and argue how it opens an opportunity for managers a new trajectory their firm—an strategic action. Although can exist in any environment, becomes most consequential when uncertainty is high. Uncertainty weakens adherence of organizational members superordinate g...

Abstract This paper investigates strategic entrepreneurial choice between the UK Big 3 platforms–Crowdcube, Seedrs and SyndicateRoom–that exemplify three main equity crowdfunding (ECF) shareholder structures identified in literature. ECF has become a for both entrepreneurs angel venture capital funds as it offers mutually beneficial advantages to both, especially under co-investment model where...

We empirically examine the effect of self-efficacy on entrepreneurial investment choices. We identify various attributes of entrepreneurial investment and argue that higher self-efficacy is associated with more aggressive entrepreneurial investment decisions. We show that self-efficacy increases the likelihood of being a nascent entrepreneur and creating an operating business. Self-efficacy als...

Strategic Sophistication of Individuals and Teams in Experimental Normal-Form Games We present an experiment on strategic thinking and behavior of individuals and teams in oneshot normal-form games. Besides making choices, decision makers have to state their firstand second-order beliefs. We find that teams play the Nash strategy significantly more often, and their choices are more often consis...

Given the sizeable savings, many disputes are resolved via arbitration. Numerous studies have considered the strategic incentives of various forms of arbitration, most notably Final Offer Arbitration (FOA). While previous work focused exclusively on optimal offers, in reality disputants make a series of perhaps interrelated choices. This paper considers FOA disputants making an additional inves...

The purpose of this paper is to formalize the choices of market entry strategy (Export Vs Greenfield investment Vs Cross border M&A) and the target selection (Acquisition of high-productivity firm or low-productivity one) for a foreign firm, and to delineate the relationship between foreign firm’s incentive and host government’s intention from an Industrial Organization (IO) perspective. It is ...

This chapter focuses mainly on corporate growth strategies and growth modes. The main question is how to create and develop a sustainable competitive advantage for the whole company. The traditional strategic management approach is to consider two different levels of analysis: business and corporate strategy. In fact, both of them represent today the basis for obtaining sustained competitive ad...

in order to respond to the problem of urban decline, different approaches have been defined in sucha way that urban regeneration approach became current in the 1980s (and more wildly after 1995) as a replacement for urban renewal. urban regeneration is the holistic process of reversing economic, social and physical decay in areas where it has reached a stage when market forces alone will not su...