Heterogeneous response to performance feedback in strategic R&D decisions

Authors

JIRÁSEK Michal

Year of publication 2018
Type Appeared in Conference without Proceedings
MU Faculty or unit

Faculty of Economics and Administration

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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