The existence of ambiguity presents a challenge to decision-makers as it eliminates the ability to apply standard optimization approaches, such as those based on calculating the objective expected values of alternative actions. In reality, ambiguity arises in most strategically important...

The creation school of opportunity formation is a relatively new partial theory of entrepreneurship built upon a relatively new approach to theorizing. Given their significant respective impacts, we critically evaluate both that school and that approach to better understand their respective...

Teece asserts that competition policy is so outdated that it now significantly degrades the ability of Big Tech firms to bring socially beneficial innovations to market. He suggests that strategic management research is essential in the struggle to update such policies. We counter that none of...

Chapter 1. Overview of this Book on Strategic Decision-Making under Uncertainty -- Chapter 2. Confusion over Uncertainty in Decision-Making -- Chapter 3. Definitions of Uncertainty (for Decision-Making) -- Chapter 4. Sources of Uncertainty (in Decision-Making) -- Chapter 5. Span of Effects of...