New Article Forthcoming in the Journal of Business Research

posted on Aug 18 2011

New Article Forthcoming in the Journal of Business Research:

A Judgment-Analysis Perspective on Entrepreneurs' Resource Evaluations

Benedict Kemmerer*, Jorge Walter**, Franz W. Kellermanns***, V. K. Narayanan****

* BSH Bosch und Siemens Hausgeraete GmbH, ** The George Washington University, *** University of Tennessee, **** Drexel University

Our study extends resource-based theory (RBT) by developing an understanding of how entrepreneurs judge the importance of the resource attributes of value, rareness, inimitability, and nonsubstitutability for the success of their ventures, and whether they make trade-offs between these attributes or follow RBT, which maintains that all attributes must be attained simultaneously. Resource judgments made by a sample of 181 entrepreneurs reveal that, while value and inimitability have a positive impact on resource importance, nonsubstitutability is only marginally positive, and rareness has a negative impact. Moreover, and contrary to RBT, entrepreneurs make trade-offs between resource attributes. Given prior empirical support for the critical influence of all four attributes on venture success, our findings uncover a systematic influence of judgment heuristics, cognitive biases, and institutional constraints in entrepreneurial resource judgments, and thereby provide a starting point for researchers and entrepreneurs alike to improve both theoretical models and outcomes of resource judgments.

Keywords: Judgment analysis, cognitions, behavioral decision making, resource-evaluation frameworks

For a copy of the article, please refer to the Social Science Research Network.

2011 Academy of Management Annual Meeting

posted on Aug 16 2011

From August 12-16, the 2011 Academy of Management Annual Meeting took place in San Antonio, TX. Under the conference theme "West meets East. Enlightening. Balancing. Transcending," we presented our paper:

"Reconnection choices and the dominance of the irrelevant past" with Daniel Z. Levin (Rutgers) & J. Keith Murnighan (Kellogg).

For more information, check the AOM Website.

GWSB's Top 10 Spot in Bloomberg Businessweek Undergraduate Rankings

posted on Jul 10 2011

According to the most recent specialty ranking from Bloomberg Businessweek, the George Washington University School of Business's international business curriculum for undergraduates is ranked 8th in the nation, and the corporate strategy program (which I am part of teaching with my capstone on strategic management) is ranked 21st in the nation.

For the full specialty ranking see the Bloomberg Businessweek website.

Joined New JOM Editorial Board

posted on May 19 2011

I thankfully accepted the invitation by Prof. Deborah E. Rupp to join the new editorial board of the Journal of Management (JOM). JOM is currently ranked 5th among all management journals, with an impact factor of 4.429.

Judging from my experience on the previous JOM board, I look forward to working with the new editorial team.

CARMA Workshop in Richmond, VA

posted on May 18 2011

Just came back from a 2 1/2-day workshop on structural equation methods held at Virginia Commonwealth University in Richmond, VA, and highly recommend this and the other CARMA shortcourses.

For more information, please check out the CARMA website, which also has a video library on selected methodological topics as well as other resources for research methods.

Happy Easter 2011!

posted on Apr 21 2011

MIT Sloan Management Review Article Published

posted on Mar 29 2011

New Article Published in the MIT Sloan Management Review:

The power of reconnection--How dormant ties can surprise you

Daniel Z. Levin*, Jorge Walter**, & J. Keith Murnighan***

* Rutgers University, ** The George Washington University, *** Northwestern University

The Web has made it easier than ever to reconnect with long-lost professional colleagues. Does it pay to do so? New research says yes--and suggests that every smart manager should try.

Keywords: Dormant ties, social capital, networking

For a copy of the article, please see the MIT Sloan Management Review website.

Welcome, Maximilian!

posted on Jan 03 2011

It is with great joy that we announce the birth of our son Maximilian Edward Walter. He was born January 3rd, 2011, at 9.57am in Falls Church, VA. He weighted 5 pounds, 12 ounces, and was 19 inches tall.

Although he was a little earlier than expected, both he and Erin are doing great. It will be a few more days before we can take him home, and we can't wait for him to join us in our new home.

The proud parents and the big sister,

Erin, Jorge, & Sophia