Dynamic capabilities remain one of the most popular, but also one of the most controversial topics in current knowledge and innovation research. This study exposes strengths and weaknesses of existing conceptualizations of dynamic capabilities by using a systems theoretic lens. Systems theory...

Small and medium-sized enterprises (SMEs) are recognized for their major contribution to the economic development of any country. In Romania, SMEs represent 99.7% of all organizations and employ approximately 66% of all nationally registered employees, percentages approximately equal to those...

This paper focuses on the role of managerial cognition as a source of heterogeneity in firm strategies and performance. We link differences in mental models to differences in decision rules and performance in a management simulation. Our results show more accurate mental models lead to better...

The topic of risk incorporates a variety of definitions within different fields such as psychology, sociology, finance, and engineering. In academic finance, the analysis of risk has two major perspectives known as standard (traditional) finance and behavioral finance. The central focus of...

The debate of core competence was of little consequence in the Indian context so far. Economic reform and boom, had almost blindfolded companies from the benefits of constrained operations. Coupled with rising level of incomes levels and expenditure - India was synonym with growth. Till recently...

In times of crisis problem solving methodologies seem to gain attention over strategic planning. This article makes the case that more rather than less strategic planning is needed to get through the current world crisis. Based on best practices of Shell using scenarios to prepare and steer...

As technology has advanced, many have wondered whether (or simply when) artificial intelligent devices will replace the humans who perform complex, interactive, interpersonal tasks such as dispute resolution. Has science now progressed to the point that artificial intelligence devices can...

This book chapter discusses the significance of group psychology within the field of behavioural finance in order to provide a starting point for researchers in banking, economic, and financial history. Some of the major themes of behavioural finance are presented, including overconfidence,...

This is a PDF file of 'Financial Behavior: The Psychology of Client Communications" presented at the Financial Planning Association (FPA) of Greater Indiana Chapter, November 2019 meeting.This presentation focused on how financial experts and their clients exhibit a wide array of behavioral...