Replicating a successful template or best practice across time (temporal replication) or across a number of different economic settings (spatial replication) is an important strategy for organizational growth and performance improvement. In this paper, we use an NK landscape model to examine how...

Empirical evidence suggests that entrepreneurs make mistakes: too many enter markets and, once there, persist too long. While scholars have largely settled on behavioral bias as the cause, we suggest that this consensus is premature. These mistakes may also arise from a process in which...