• Bernanke Stands Pat: No New QE (For Now)

    Updated: 2012-08-31 17:11:17
    While most Americans have their minds squarely fixed on beach and barbecue plans this weekend, market participants had their eyes an ears affixed to Fed Chairman Ben Bernanke’s speech this morning in Jackson Hole, Wyoming. The Federal Reserve’s annual economic symposium there has become a key event for discerning what policy moves the central bank [...]

  • More on Obsolete Technologies

    Updated: 2012-08-30 21:22:39
    | Peter Klein | Following up an earlier post on the longevity of obsolete technologies, as specialty markets: Francesco Schiavone has a nice paper, “Vintage Innovation: How to Improve the Service Characteristics and Costumer Effectiveness of Products becoming Obsolete,” reviewing the core theory and discussing the case of the analog turntable (little did I know, [...]

  • Carpenter’s Strategy Toolbox

    Updated: 2012-08-28 15:25:46
    | Peter Klein | Carpenter’s Strategy Toolbox, named for the late Mason Carpenter, is a terrific resource for teachers in strategic management and related fields. Here’s an advertisement from former guest blogger Russ Coff: Some of you may be familiar with Mason Carpenter’s old teaching toolkit. I have initiated a new site that includes everything [...]

  • The Wisdom of Crowds

    Updated: 2012-08-24 19:34:22
    | Nicolai Foss | A new special issue of Managerial and Decision Economics on “the wisdom of crowds” has just been published. It deals with issues of emergence in firms and markets, including capability formation, information aggregation and the like. The editor is Orgtheory.net’s Teppo Felin. The SI is genuinely interdisciplinary with contributions from a physicists, sociologists, political scientists and [...]

  • Do Bosses Matter?

    Updated: 2012-08-21 19:46:44
    | Peter Klein | Do bosses matter? Stephen Marglin famously argued that management doesn’t affect productivity, just the share of output appropriated by managers. (I’ll take David Landes instead, thank you very much.) Despite a huge management literature on bosses, economists have not quite known how to answer the question. Ed Lazear, Kathryn Shaw (ironically, [...]

  • Journal of Organizational Design

    Updated: 2012-08-18 10:30:44
    | Nicolai Foss | Journal of Organizational Design is a newly started open-access journal that should be of considerable potential interest to readers of O&M. While I am generally skeptical of open-access journals in social science — “open access” still largely signals “low quality” — JOD seems likely to become a success story. First, organizational [...]

  • Cooking as Entrepreneurship

    Updated: 2012-08-16 04:10:12
    | Peter Klein | To honor Julia Child on her 100th birthday, Lynne Kiesling writes a nice post combining three of my favorite things: cooking, entrepreneurship theory, and Austrian economics. Good cooking is about the combination of heterogeneous resources, it requires experimentation and creativity, and it either works or it doesn’t. Most important: A system [...]

  • Live Blogging Organizing Entrepreneurial Judgment

    Updated: 2012-08-13 17:09:20
    | Peter Klein | Have you been dying to read Organizing Entrepreneurial Judgment but haven’t quite found the time? Are you a busy executive waiting for the Summary version? Hoping for an HBO Special? Not to worry, the good folks at HansEconomics are live-blogging the book, and the first chapter is up today. Thanks to John [...]

  • Management Scholars and the Media

    Updated: 2012-08-04 02:52:59
    | Peter Klein | Reporting today from the Academy of Management meetingin Boston. Too many interesting sessions to list them all. Today I attended a very good Professional Development Workshop on the opportunity-discovery perspective in entrepreneurship studies, organized by Henrik Berglund, Steffen Korsgaard, and Kåre Moberg and featuring Bill Gartner, Per Davidsson, and others. Lots of discussion [...]

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