Heterogeneous response to performance feedback in strategic R&D decisions
| Authors | |
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| Year of publication | 2018 |
| Type | Appeared in Conference without Proceedings |
| MU Faculty or unit | |
| Citation | |
| Description | The empirical research stemming from the behavioral theory of the firm mostly assumes that firms from one industry uniformly react to performance feedback. The purpose of this paper is to analyze whether there exists heterogeneity in firms’ reactions and whether this heterogeneity can be contained in a reasonable number of behaviorally similar clusters. |
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