With increasing globalization, competitive landscape has undergone tremendous change. To cope up with turbulent environmental demands, firms are entering into alliances to bridge capability gap. However, movement from skill substitution to capability development requires firms to adopt...

Response uncertainty defined as not knowing how to respond to a known event has been identified as the major uncertainty faced by decision makers, especially where organizatioal action is unavoidable. However, a granular understanding of response uncertainty is missing in the existing...

Strategic decision making under uncertainty has been typified as an uncertainty mitigation activity. However, this hypothesis breaks down under conditions of very high uncertainty as it demands judgment on the part of managers. Research on this topic is sparse. To decode the black box of...

Extant research on influence of ownership structure on innovation suggests a positive relationship between business group affiliation and innovation. While it is true that firms affiliated to business groups seem to benefit from availability of internal capital, determinants that influence the...

RBV implicitly assumes omnipotent nature for certain firms. These are the firms that can create rent generating capabilities anytime and therefore forever. While theoretically, it seems plausible, empirically it may remain a utopian imagery. This paper breaks free of such grandiose assumptions...

A framework for examining the process of financial market development is proposed. The framework is anchored in studying the incentives facing the key players in financial markets - borrowers, lenders, liquidity providers, and regulators - whose actions determine whether and how markets develop....

A framework for examining the process of financial market development is proposed. The framework is anchored in studying the incentives facing the key players in financial markets - borrowers, lenders, liquidity providers, and regulators - whose actions determine whether and how markets develop....

The paper examines the implementation of macro-prudential policy. Given the coordination, flow of information, analysis, and communication required, macro-prudential frameworks will have weaknesses that make it hard to implement policy. And dealing with the political economy is also likely to be...