Sowing the seeds of failure: Organizational identity dynamics in new venture pivoting – pivoting when you are still establishing an identity can be difficult. This study identifies co-development of business model with the investors, professionalization of recruitment and implementation of routines based on the planned milestones as steps to help stakeholders cope with such pivots.
Organizing Entrepreneurial Teams: A Field Experiment on Autonomy over Choosing Teams and Ideas – Teams that can choose which ideas to work on or which members to work with outperform those that do not have any choice at all. As the article explains, this can be attributed to team members selecting ideas that may interest them or team members selecting according to their prior networks. What’s fascinating is that when teams are free to choose both ideas and members, these benefits disappear.
Evaluating Ambiguous Offerings – it’s difficult to evaluate a novel technology if you don’t have any reference or baseline to compare it to. In this research, they find that higher evaluation is given to ambiguous product if it is primed by goal-based categorization. This is since the perceived utility of these unclear attributes is made clearer through such categories.
Heuristic methods for updating small world representations in strategic situations of Knightian uncertainty – small world representations refer to situations where a decision is simplified to a set of acts that lead to certain consequences. To update this representation in the implementation phase, the authors recommend counterfactual thinking to address confirmation bias, explore imaginable scenarios, and act on black swans.
Building greener motorhomes: How dual-purpose technical and relational capabilities affect component and full product innovation – first time I came across dual-purpose capabilities. These refer to capabilities like product modification, manufacturing, supplier and customer relationship which can not only serve current business needs but also create future business opportunities.