The emerging theory-based view depicts entrepreneurs as sophisticated thinkers who form, update, and act on rich causal theories. In support of this view, recent empirical work has demonstrated both (a) the value of theories as well as (b) the importance of experimentation for testing and refining theories. Yet, the process by which entrepreneurs initially form these theories remains largely unobserved.

Application Programming Interface (APIs) have increasingly become crucial to digital ecosystems, facilitating interconnectivity and data exchange essential for digital transformation and open innovation in today's business landscape. In this article, we introduce a perspective on how APIs can be viewed as a means of achieving a dynamic equilibrium between centralization and decentralization for value creation in business ecosystems.

While the literature highlights the benefits of internally redeploying resources, there is less empirical guidance on which resources are most likely to be redeployed. We examine the relationship between inventor characteristics and redeployment decisions, motivated by the tension between costs and benefits of keeping a resource at the source unit versus moving it to a new target unit.

Prior research documents conflicting evidence that R&D investment both increases and decreases firm risk. We propose a parsimonious framework that explains this conflicting evidence.

After being generated, a new idea is rarely perfect but must be clarified, improved, and developed in more detail. Unfortunately, idea elaboration and creativity do not always come together: many new ideas become less creative when elaborated. This research examines who elaborates new ideas more creatively.