Entrepreneurial groups face a twinned challenge: recognizing new ideas and implementing them. Recent research suggests that connectivity reaching outside the group channels new ideas, while closure makes it possible to act on them. By contrast, we argue that entrepreneurship is not about...

What is the organizational basis of responsiveness under conditions of crisis? In this essay we examine a trading room that was damaged in the September 11th attack on the World Trade Center. What did the crisis reveal about the social practices and the technological tools of trading? Drawing on...

What is the organizational basis of responsiveness under conditions of crisis? In this essay we examine a trading room that was damaged in the September 11th attack on the World Trade Center (WTC). What did the crisis reveal about the social practices and the technological tools of trading?...

How did companies at the Trade Center respond to the destruction brought about by the attack on September 11th? In this paper we look through the concrete and glass facade of the twin towers into the socio-technical networks of people, machines, and ideas that constituted the trading rooms. We...

Entrepreneurial groups face a twinned challenge: recognizing new ideas and implementing them. Recent research suggests that connectivity reaching outside the group channels new ideas, while closure makes it possible to act on them. By contrast, we argue that entrepreneurship is not about...

This essay is the concluding chapter for The Worth of Goods: Valuation and Pricing in the Economy, edited by Patrik Aspers and Jens Beckert (Oxford University Press). I start with an insight of John Dewey's that the terms price, prize, and praise all share a common Latin root. To this triplicate...

In this essay we explore the crucial role of diversity in the context of a financial organization. Trading rooms, like many organizations, face two major cognitive challenges. The first is the challenge of recognizing opportunities. The second cognitive challenge is that of recognizing error. As...