The Dimensions of Experiential Learning in the Management of Activity Load

References

• Adler PS, Borys B (1996) Two types of bureaucracy: Enabling and coercive. Admin. Sci. Quart. 41(1):61–89.Crossref, Google Scholar
• Aiken LS, West SG, Reno RR (1991) Multiple Regression: Testing and Interpreting Interactions (Sage, Newbury Park, CA).Google Scholar
• Amburgey TL, Miner AS (1992) Strategic momentum: The effects of repetitive, positional, and contextual momentum on merger activity. Strategic Management J. 13(5):335–348.Crossref, Google Scholar
• Atkinson AC (1985) Plots, Transformations, and Regression: An Introduction to Graphical Methods of Diagnostic Regression Analysis (Clarendon Press, Oxford, UK).Google Scholar
• Barkema HG, Schijven M (2008) How do firms learn to make acquisitions? A review of past research and an agenda for the future. J. Management 34(3):594–634.Crossref, Google Scholar
• Barney JB (1986) Strategic factor markets: Expectations, luck, and business strategy. Management Sci. 32(10):1231–1241.Link, Google Scholar
• Baum JA, Li SX, Usher JM (2000) Making the next move: How experiential and vicarious learning shape the locations of chains’ acquisitions. Admin. Sci. Quart. 45(4):766–801.Crossref, Google Scholar
• Becker MC (2004) Organizational routines: A review of the literature. Indust. Corporate Change 13(4):643–678.Crossref, Google Scholar
• Becker M, Becker MC, Lazaric N (2009) Organizational Routines: Advancing Empirical Research (Edward Elgar, Cheltenham, UK).Crossref, Google Scholar
• Beckman CM, Haunschild PR (2002) Network learning: The effects of partner experience heterogeneity on corporate acquisitions. Admin. Sci. Quart. 47(1):92–124.Crossref, Google Scholar
• Berg A, Gottschalg O (2005) Understanding value generation in buyouts. J. Restructuring Finance 2(01):9–37.Crossref, Google Scholar
• Bingham CB, Eisenhardt KM (2011) Rational heuristics: The “simple rules” that strategists learn from process experience. Strategic Management J. 32(13):1437–1464.Crossref, Google Scholar
• Bingham CB, Eisenhardt KM, Furr NR (2007) What makes a process a capability? Heuristics, strategy, and effective capture of opportunities. Strategic Entrepreneurship J. 1(1):27–47.Crossref, Google Scholar
• Birkinshaw J, Cohen J (2013) Make time for the work that matters. Harvard Bus. Rev. (September):2–5.Google Scholar
• Bresman H (2013) Changing routines: A process model of vicarious group learning in pharmaceutical R&D. Acad. Management J. 56(1):35–61.Crossref, Google Scholar
• Brown SL, Eisenhardt KM (1997) The art of continuous change: Linking complexity theory and time-paced evolution in relentlessly shifting organizations. Admin. Sci. Quart. 42(1):1–34.Crossref, Google Scholar
• Cameron AC, Trivedi PK (2009) Microeconometrics Using Stata 5 (Stata Press, College Station, TX).Google Scholar
• Cohen WM, Levinthal DA (1990) Absorptive capacity: A new perspective on learning and innovation. Admin. Sci. Quart. 35(1):128–152.Crossref, Google Scholar
• Cohendet P, Llerena P (2008) The role of teams and communities in the emergence of organizational routines. Becker M, eds. Handbook of Organizational Routines (Edward Elgar, Cheltenham, UK), 256–280.Crossref, Google Scholar
• Cumming D, Dai N (2011) Fund size, limited attention and valuation of venture capital backed firms. J. Empirical Finance 18(1):2–15.Crossref, Google Scholar
• Cumming D, Walz U (2009) Private equity returns and disclosure around the world. J. Internat. Bus. Stud. 41(4):727–754.Crossref, Google Scholar
• Cyert RM, March JG (1963) A Behavioral Theory of the Firm (Prentice-Hall, Englewood Cliffs, NJ).Google Scholar
• Daft RL, Weick KE (1984) Toward a model of organizations as interpretation systems. Acad. Management Rev. 9(2):284–295.Crossref, Google Scholar
• Datta DK, Pinches GE, Narayanan V (1992) Factors influencing wealth creation from mergers and acquisitions: A meta-analysis. Strategic Management J. 13(1):67–84.Crossref, Google Scholar
• Denrell J (2003) Vicarious learning, undersampling of failure, and the myths of management. Organ. Sci. 14(3):227–243.Link, Google Scholar
• Edmunds A, Morris A (2000) The problem of information overload in business organizations: A review of the literature. Internat. J. Inform. Management 20(1):17–28.Crossref, Google Scholar
• Eppler M, Mengis J (2004) The concept of information overload: A review of literature from organization science, accounting, marketing, MIS, and related disciplines. Inform. Soc. 20(5):325–344.Crossref, Google Scholar
• Fama EF, French KR (1997) Industry costs of equity. J. Financial Econom. 43(2):153–193.Crossref, Google Scholar
• Feldman MS (2000) Organizational routines as a source of continuous change. Organ. Sci. 11(6):611–629.Link, Google Scholar
• Feldman MS, Orlikowski WJ (2011) Theorizing practice and practicing theory. Organ. Sci. 22(5):1240–1253.Link, Google Scholar
• Ferris SP, Jagannathan M, Pritchard AC (2003) Too busy to mind the business? Monitoring by directors with multiple board appointments. J. Finance 58(3):1087–1111.Crossref, Google Scholar
• Fich EM, Shivdasani A (2006) Are busy boards effective monitors? J. Finance 61(2):689–724.Crossref, Google Scholar
• Finkelstein S, Haleblian J (2002) Understanding acquisition performance: The role of transfer effects. Organ. Sci. 13(1):36–47.Link, Google Scholar
• Finkelstein S, Whitehead J, Campbell A (2009) Why Good Leaders Make Bad Decisions and How to Keep It from Happening to You (Harvard Business School Publishing, Boston).Google Scholar
• Folta TB, Janney JJ (2004) Strategic benefits to firms issuing private equity placements. Strategic Management J. 25(3):223–242.Crossref, Google Scholar
• Galbraith J (1974) Organization design: An information processing view. Interfaces 4(3):28–36.Link, Google Scholar
• Garicano L (2000) Hierarchies and the organization of knowledge in production. J. Political Econom. 108(5):874–904.Crossref, Google Scholar
• Gavetti G, Levinthal D (2000) Looking forward and looking backward: Cognitive and experiential search. Admin. Sci. Quart. 45(1):113–137.Crossref, Google Scholar
• Gavetti G, Levinthal D, Ocasio W (2007) Neo-Carnegie: The Carnegie school’s past, present, and reconstructing for the future. Organ. Sci. 18(3):523–536.Link, Google Scholar
• Gavetti G, Levinthal DA, Rivkin JW (2005) Strategy making in novel and complex worlds: The power of analogy. Strategic Management J. 26(8):691–712.Crossref, Google Scholar
• Gavetti G, Greve HR, Levinthal DA, Ocasio W (2012) The behavioral theory of the firm: Assessment and prospects. Acad. Management Ann. 6(1):1–40.Crossref, Google Scholar
• Gilligan J, Wright M (2012) Private Equity Demystified: An Explanatory Guide, 2012 ed. (ICAEW Coporate Finance Faculty, London).Google Scholar
• Gompers P, Kovner A, Lerner J, Scharfstein D (2008) Venture capital investment cycles: The impact of public markets. J. Financial Econom. 87(1):1–23.Crossref, Google Scholar
• Goold M, Luchs K (1993) Why diversify? Four decades of management thinking. Acad. Management Executive 7(3):7–25.Google Scholar
• Greve HR (1996) Patterns of competition: The diffusion of a market position in radio broadcasting. Admin. Sci. Quart. 41(1):29–60.Crossref, Google Scholar
• Greve HR (1999) The effect of core change on performance: Inertia and regression toward the mean. Admin. Sci. Quart. 44(3):590–614.Crossref, Google Scholar
• Greve HR (2003) Organizational Learning from Performance Feedback (Cambridge University Press, Cambridge, UK).Crossref, Google Scholar
• Grise M-L, Gallupe RB (1999) Information overload: Addressing the productivity paradox in face-to-face electronic meetings. J. Management Inform. Systems 16(3):157–185.Crossref, Google Scholar
• Haleblian J, Finkelstein S (1999) The influence of organizational acquisition experience on acquisition performance: A behavioral learning perspective. Admin. Sci. Quart. 44(1):29–56.Crossref, Google Scholar
• Haleblian J, Ji-Yub KIM, Rajagoplan N (2006) The influence of acquisition experience and performance on acquisition behavior: Evidence from the U.S. commercial banking industry. Acad. Management J. 49(2):357–370.Crossref, Google Scholar
• Hamilton LC (2009) Statistics with Stata, Version 10, 7th ed. (Brooks/Cole, Belmont, CA).Google Scholar
• Haunschild PR, Sullivan BN (2002) Learning from complexity: Effects of prior accidents and incidents on airlines’ learning. Admin. Sci. Quart. 47(4):609–643.Crossref, Google Scholar
• Hausman DM (1989) Economic methodology in a nutshell. J. Econom. Perspect. 3(2):115–127.Crossref, Google Scholar
• Hayward MLA (2002) When do firms learn from their acquisition experience? Evidence from 1990–1995. Strategic Management J. 23(1):21–39.Crossref, Google Scholar
• Heimeriks KH (2010) Confident or competent? How to avoid superstitious learning in alliance portfolios. Long Range Planning 43(1):57–84.Crossref, Google Scholar
• Heimeriks KH, Duysters G, Vanhaverbeke W (2007) Learning mechanisms and differential performance in alliance portfolios. Strategic Organ. 5(4):373–408.Crossref, Google Scholar
• Heimeriks KH, Klijn E, Reuer JJ (2009) Building capabilities for alliance portfolios. Long Range Planning 42(1):96–114.Crossref, Google Scholar
• Heimeriks KH, Schijven M, Gates S (2012) Manifestations of higher-order routines: The underlying mechanisms of deliberate learning in the context of post-acquisition integration. Acad. Management J. 55(3):703–726.Crossref, Google Scholar
• Kahneman D (1973) Attention and Effort (Prentice-Hall, Englewood Cliffs, NJ).Google Scholar
• Kaplan SN, Schoar A (2005) Private equity performance: Returns, persistence, and capital flows. J. Finance 60(4):1791–1823.Crossref, Google Scholar
• Kaplan SN, Stromberg P (2009) Leveraged buyouts and private equity. J. Econom. Perspect. 23(1):121–146.Crossref, Google Scholar
• Kim J-Y, Finkelstein S (2009) The effects of strategic and market complementarity on acquisition performance: Evidence from the U.S. commercial banking industry, 1989–2001. Strategic Management J. 30(6):617–646.Crossref, Google Scholar
• Kim J-Y, Miner AS (2007) Vicarious learning from the failures and near-failures of others: Evidence from the U.S. commercial banking industry. Acad. Management J. 50(3):687–714.Crossref, Google Scholar
• Kim J-Y, Kim J-Y, Miner AS (2009) Organizational learning from extreme performance experience: The impact of success and recovery experience. Organ. Sci. 20(6):958–978.Link, Google Scholar
• King DR, Dalton DR, Daily CM, Covin JG (2004) Meta-analyses of post-acquisition performance: Indications of unidentified moderators. Strategic Management J. 25(2):187–200.Crossref, Google Scholar
• Kosman J (2009) The Buyout of America: How Private Equity Will Cause the Next Great Credit Crisis (Portfolio, New York).Google Scholar
• Laamanen T, Keil T (2008) Performance of serial acquirers: Toward an acquisition program perspective. Strategic Management J. 29(6):663–672.Crossref, Google Scholar
• Landau C, Bock C (2013) Value creation through vertical intervention of corporate centres in single business units of unrelated diversified portfolios—The case of private equity firms. Long Range Planning 46(1–2):97–124.Crossref, Google Scholar
• Lant TK (2002) Organizational cognition and interpretation. Baum JAC, ed. Blackwell Companion to Organizations (Blackwell, Oxford, UK), 344–362.Google Scholar
• Lant TK, Shapira Z (2001) Organizational Cognition Computation and Interpretation (Psychology Press, Mahwah, NJ).Google Scholar
• Lavie D (2007) Alliance portfolios and firm performance: A study of value creation and appropriation in the US software industry. Strategic Management J. 28(12):1187–1212.Crossref, Google Scholar
• Leonard-Barton D (1992) Core capabilities and core rigidities: A paradox in managing new product development. Strategic Management J. 13(S1):111–125.Crossref, Google Scholar
• Levinthal DA, March JG (1993) The myopia of learning. Strategic Management J. 14(S2):95–112.Crossref, Google Scholar
• Levinthal D, Rerup C (2006) Crossing an apparent chasm: Bridging mindful and less-mindful perspectives on organizational learning. Organ. Sci. 17(4):502–513.Link, Google Scholar
• Levitt B, March JG (1988) Organizational learning. Annual Rev. Sociol. 14:319–340.Crossref, Google Scholar
• López de Silanes F, Phalippou L, Gottschalg O (2015) Giants at the gate: Investment returns and diseconomies of scale in private equity. J. Financial Quant. Anal. Forthcoming.Crossref, Google Scholar
• Louis MR, Sutton RI (1991) Switching cognitive gears: From habits of mind to active thinking. Human Relations 44(1):55–76.Crossref, Google Scholar
• March JG (1991) Exploration and exploitation in organizational learning. Organ. Sci. 2(1):71–87.Link, Google Scholar
• March JG, Simon HA (1958) Organizations (John Wiley & Sons, New York).Google Scholar
• Martin JA, Eisenhardt KM (2010) Rewiring: Cross-business-unit collaborations in multibusiness organizations. Acad. Management J. 53(2):265–301.Crossref, Google Scholar
• Meyer T, Mathonet PY (2005) Beyond the J-Curve: Managing a Portfolio of Venture Capital and Private Equity Funds (John Wiley & Sons, Hoboken, NJ).Google Scholar
• Miner AS, Haunschild PR, Schwab A (2003) Experience and convergence: Curiosities and speculation. Indust. Corporate Change 12(4):789–813.Crossref, Google Scholar
• Moore DA, Cain DM (2007) Overconfidence and underconfidence: When and why people underestimate (and overestimate) the competition. Organ. Behav. Human Decision Processes 103(2):197–213.Crossref, Google Scholar
• Nelson R, Winter S (1982) An Evolutionary Theory of Economic Change (Harvard University Press, Cambridge, MA).Google Scholar
• Ocasio W (1997) Towards an attention-based view of the firm. Strategic Management J. 18(S1):187–206.Crossref, Google Scholar
• Ocasio W (2011) Attention to attention. Organ. Sci. 22(5):1286–1296.Link, Google Scholar
• Palich LE, Cardinal LB, Miller CC (2000) Curvilinearity in the diversification–performance linkage: An examination of over three decades of research. Strategic Management J. 21(2):155–174.Crossref, Google Scholar
• Parmigiani A, Howard-Grenville J (2011) Routines revisited: Exploring the capabilities and practice perspectives. Acad. Management Ann. 5(1):413–453.Crossref, Google Scholar
• Paulson E (2001) Insice Cisco. The Real Story of Sustained M&A Growth (John Wiley & Sons, New York).Google Scholar
• Perlow LA, Okhuysen GA, Repenning NP (2002) The speed trap: Exploring the relationship between decision making and temporal context. Acad. Management J. 45(5):931–955.Crossref, Google Scholar
• Phalippou L (2009) The hazards of using IRR to measure performance: The case of private equity. CFA Digest 39(2):64–65.Crossref, Google Scholar
• Phalippou L, Gottschalg O (2009) The performance of private equity funds. Rev. Financial Stud. 22(4):1747–1776.Crossref, Google Scholar
• Posner MI, Presti DE (1987) Selective attention and cognitive control. Trends Neurosci. 10(1):13–17.Crossref, Google Scholar
• Reagans R, Argote L, Brooks D (2005) Individual experience and experience working together: Predicting learning rates from knowing who knows what and knowing how to work together. Management Sci. 51(6):869–881.Link, Google Scholar
• Rerup C (2009) Attentional triangulation: Learning from unexpected rare crises. Organ. Sci. 20(5):876–893.Link, Google Scholar
• Rerup C, Feldman MS (2011) Routines as a source of change in organizational schemata: The role of trial-and-error learning. Acad. Management J. 54(3):577–610.Crossref, Google Scholar
• Salvato C (2009) Capabilities unveiled: The role of ordinary activities in the evolution of product development processes. Organ. Sci. 20(2):384–409.Link, Google Scholar
• Schilling MA, Vidal P, Ployhart RE, Marangoni A (2003) Learning by doing something else: Variation, relatedness, and the learning curve. Management Sci. 49(1):39–56.Link, Google Scholar
• Schneider SC (1987) Information overload: Causes and consequences. Human Systems Management 7(2):143–153.Google Scholar
• Shapira Z (1994) Evolution, externalities and managerial action. Evolutionary Dynamics of Organizations (Oxford University Press, Oxford, UK), 117–126.Google Scholar
• Simon HA (1947) Administrative Behavior: A Study of Decision-Making Processes in Administrative Organizations (Macmillan, Chicago).Google Scholar
• Speier C, Valacich JS, Vessey I (1999) The influence of task interruption on individual decision making: An information overload perspective. Decision Sci. 30(2):337–360.Crossref, Google Scholar
• Sullivan BN (2010) Competition and beyond: Problems and attention allocation in the organizational rulemaking process. Organ. Sci. 21(2):432–450.Link, Google Scholar
• Sutcliffe KM, Weick KE (2008) Information overload revisited. Hodgkinson GP, Starbuck WH, eds. The Oxford Handbook of Organizational Decision Making (Oxford University Press, Oxford, UK), 56–75.Crossref, Google Scholar
• Talmor E, Vasvari F (2011) International Private Equity (John Wiley & Sons, New York).Crossref, Google Scholar
• Turner SF, Mitchell W, Bettis RA (2010) Responding to rivals and complements: How market concentration shapes generational product innovation strategy. Organ. Sci. 21(4):854–872.Link, Google Scholar
• Tushman ML, Nadler DA (1978) Information processing as an integrating concept in organizational design. Acad. Management Rev. 3(3):613–625.Crossref, Google Scholar
• Von Hippel E (1998) Economics of product development by users: The impact of “sticky” local information. Management Sci. 44(5):629–644.Link, Google Scholar
• Weick KE, Sutcliffe KM (2006) Mindfulness and the quality of organizational attention. Organ. Sci. 17(4):514–524.Link, Google Scholar
• Whittaker J, Whitehead C, Somers M (2005) The neglog transformation and quantile regression for the analysis of a large credit scoring database. J. Roy. Statist. Soc. Ser. C 54(5):863–878.Crossref, Google Scholar
• Williamson O (1975) Markets and Hierarchies, Analysis and Antitrust Implications: A Study in the Economics of Internal Organization (Free Press, New York).Google Scholar
• Winter SG (2000) The satisficing principle in capability learning. Strategic Management J. 21(10/11):981–996.Crossref, Google Scholar
• Wood G, Wright M (2009) Private equity: A review and synthesis. Internat. J. Management Rev. 11(4):361–380.Crossref, Google Scholar
• Wooldridge JM (2009) Introductory Econometrics: A Modern Approach (South-Western, Mason, OH).Google Scholar
• Wright M, Hoskisson RE, Busenitz LW (2001) Firm rebirth: Buyouts as facilitators of strategic growth and entrepreneurship. Acad. Management Executive 15(1):111–125.Crossref, Google Scholar
• Yeo IK, Johnson RA (2000) A new family of power transformations to improve normality or symmetry. Biometrika 87(4):954–959.Crossref, Google Scholar
• Zollo M (2009) Superstitious learning with rare strategic decisions: Theory and evidence from corporate acquisitions. Organ. Sci. 20(5):894–908.Link, Google Scholar
• Zollo M, Singh H (2004) Deliberate learning in corporate acquisitions: Post-acquisition strategies and integration capability in the U.S. bank mergers. Strategic Management J. 25(13):1233–1256.Crossref, Google Scholar
• Zollo M, Winter SG (2002) Deliberate learning and the evolution of dynamic capabilities. Organ. Sci. 13(3):339–351.Link, Google Scholar
• Zollo M, Reuer JJ, Singh H (2002) Interorganizational routines and performance in strategic alliances. Organ. Sci. 13(6):701–713.Link, Google Scholar