A growing body of literature has emphasized the importance of innovative strategy as a source of competitive advantage. Drazin and Shoonhoven summarized the literature using multilevel theoretical perspectives (community, population, and organization) that affect organizational innovative...

Alliances have been the focus of research studies often because they offer an attractive alternative to traditional arrangements. With a global economy, rapid product cycles, capital constraints and advances in technology, no one firm has all the capability to maintain and grow market share....

Purpose – To provide decision makers in strategic alliances a risk‐time framework to: categorize types of potential deceitful behaviors by partners; and adopt appropriate deterrence mechanisms to curb and control such behavior. Design/methodology/approach – The article identifies four...

Purpose – The article sets out to discuss and present a solution to the fact that various qualitative risk analyses of the same problem can reach significantly different conclusions. Design/methodology/approach – By reviewing a common risk analysis approach and identifying where the possible...

Purpose – This paper offers a conceptualization of the internationalization decision confronted by a firm in an environment of terrorism‐induced risk. Design/methodology/approach – The approach taken is a conceptualization of the internationalization decision framed from theoretical...

Purpose – This paper seeks to present an interview with Ross Campbell, a Melbourne, Australia‐based crisis management practitioner, focusing on the development of crisis management as distinct from risk management. Design/methodology/approach – The paper uses an interview to explain the...

Purpose – The purpose of this paper is to investigate the supplier selection issue as a way to mitigate the overall supply risk, through the proposition of a new approach which is as practical as a total cost of ownership approach and, at the same time, a real support for the supplier...

Purpose – The purpose of this paper is to discuss the relative uses of decision tools for secondary risks of capital projects. Design/methodology/approach – The approach is a comparison of traditional limited approaches (notably EIA) versus emerging more complex approaches at assessing...

Purpose – The aim is to present, explain and illustrate an improved method for decomposing an event‐based change in market value into its cash flow and risk elements. Design/methodology/approach – The approach is two‐fold. There is an algebraic comparison of the existing and improved...

Purpose – Strategic management scholars seek to link strategic factors to performance. When specific causal links cannot be identified, however, other potential explanations should be considered, including the notion of luck. This paper aims to introduce a distinction between scholarly and...