Real options valuation (ROV) has recently been proposed as a promising solution to the deficiencies of traditional valuation methods when facing risky technology investments or ventures. Indeed ?real option thinking? - the managerial flexibility to capitalise on opportunities when they arise...

[Abstract]: Diversity management is an emerging field within human resource management. However, most of the literature and consulting in the management of diversity in a workforce is focused on and applied in large organizations. In contrast, the aims of this consulting project were to research...

Purpose of the paper: The paper advocates a Darwinian explanation of the process of firm transformation. Existing, but generally opposing views related to the selection-adaptation debates are united to consider the dialogic nature of both approaches. It is argued that a Darwinian approach, as...

Many small firms increasingly operate in markets under siege from new entrants who exploit the technologies associated with the Internet's World Wide Web (the web). In these circumstances, interpreting the operating environment is like a vu jade, the opposite of deja vu, a time in space where...

This chapter focuses on the outsourcing and offshoring of finance activities in the firm from firm, host country and home country perspectives. Globalisation, technology, regulation changes, stakeholder pressures, and firm re-organisation changes present challenges and opportunities to firm...

This paper makes two types of contributions to research on new venture teams. First, we examine previously neglected aspects of team composition, such as homogeneity and heterogeneity in terms of resource provision and prior start-up experience. Second, we attempt to reconcile conflicting...

Given the corporate pursuit of discontinuous and breakthrough change, we work to deconstruct and shed understanding on managers’ failure to formally allocate resources to entrepreneurial activities that seek to deliver disruptive innovations. Using an interpretivist approach with field data...

Very little research today has investigated the role of governance structure and three of its elements: shared knowledge, decision making and benefit sharing, in learning processes for innovation in member-serving nonprofit organizations (MSNPOs). This research project aims to develop a theory...

The managerial cognition perspective argues that managers operating in complex, dynamic environments develop knowledge structures that help them focus their attention, interpretation, and actions. We explore the content and structure of top managers' strategic knowledge structures by measuring...

Resource based views of the firm and in particular Kay?s (1995) model of sustainable competitive advantage have been used to advance an understanding of differences in the competitive advantage of private sector firms. We extend the analysis to a public sector firm where its major purpose...