Knowledge that Transforms

The executive labor market (ELM) is a topic of interest that spans several academic fields. The outcomes of the ELM, including executive selection, succession, and compensation, are important considerations as they influence executive decision making and other organizational outcomes. Yet, a comprehensive framework of ELM dynamics currently does not exist. To address this shortcoming, we reviewed the existing literature using five fundamental questions: (1) What executive jobs are available? (2) Who is available to fill executive jobs, and what is valued on the ELM? (3) Who signals interest in the executive jobs? (4) Who gets offered/accepts the executive job, and what is the agreed-upon compensation? (5) How do status and social capital influence ELM outcomes? By answering these questions, our review provides a framework for integrating existing research on the ELM while suggesting avenues for future research.

A great deal of research on entrepreneurial exit focuses on the potential challenges entrepreneurs may face when launching a new venture, but very little is known about those who choose to re-enter the traditional workforce. It is commonly assumed that an entrepreneur can always “go back to work,” however, it is unclear how recruiters evaluate entrepreneurial experience early in the selection process. Drawing from screening theory, attribution theory, and the person-organization fit perspective, we designed three studies to begin answering questions about the challenges former entrepreneurs may face when attempting to find more traditional employment. Study 1 revealed that recruiters evaluate former entrepreneurs more negatively than job applicants with more traditional work experience, and this relationship is stronger when former entrepreneurs close—versus sell—their venture. Study 2 employed a qualitative, inductive approach to examine why recruiters may be biased against former entrepreneurs and found that there are often assumptions of rapid turnover, insubordinate behavior, and organizational misfit. Finally, the Study 3 results suggested that the negative evaluation of former entrepreneurs may not be universal and depends on important contextual factors such as job characteristics, length of entrepreneurial experience, and details about entrepreneurial exit.

Recent scholarship has sought to develop a “scientific method” for startups. In this paper we contrast two approaches: lean startup and the theory-based view of startups. The lean startup movement has served an important function in calling for a normative and scientific approach to startups and venture creation. The theory-based view shares this agenda. But there are differences in the underlying theoretical mechanisms and practical prescriptions suggested by each approach. We highlight these differences and their implications for both research and practice. For example, we contrast lean startup’s emphasis on bounded rationality and entrepreneur–customer information asymmetry with the theory-based view’s emphasis on generative rationality and belief asymmetry. The theory-based view focuses on contrarian beliefs, associated problem formulation, and the development of a startup-specific causal logic for experimentation, resource acquisition, and problem solving. The right mix of entrepreneurial actions is contingent and startup-specific—guided by a startup’s unique theory. After pointing out differences between the lean and theory-based view of startups, we discuss opportunities for partial reconciliation, as well as opportunities for empirically comparing perspectives. Overall, we emphasize that a scientific method for startups needs to recognize the importance of contingent, discriminating alignment between entrepreneurial theories and the actions they prescribe (including different types of experimentation and validation, search, and forms of organization).

We conduct a theory-guided review of the literatures on public–private partnerships and grand challenges (GCs). We adopt an organization design approach to review and identify constructs in public–private collaborations (PPCs) that address societal challenges. Our review identifies the complexities of organizing to tackle GCs, highlights the plurality of organizational forms in PPCs, and explores organizational design considerations in these partnerships. Given the elevated role of private actors in these collaborations, our review provides a new understanding of how they can shape a private-public interface that is robust to the scale and scope of global problems. This leads to a rich research agenda on when, why, and how public and private collaborations matter, and their implications for addressing societal challenges.

Recently, there is increasing interest in building theories that offer actionable guidance to the practice of entrepreneurship. Here I present a general theoretical framework, called CAVE, for understanding, assessing, and enhancing existing tools that offer such guidance. The framework encompasses a two-dimensional space with prediction and control as its axes. The CAVE framework accommodates a wide variety of extant practical tools as well as relevant concepts from psychology and economics. Specifically, I compare and contrast effectuation with lean startup within this framework. Whereas lean startup centers around hypothesis testing, effectuation focuses on cocreative commitments from self-selecting stakeholders. In other words, the former takes markets as exogenous, while the latter explicates how they can be made endogenous and why that matters. More generally, I show how these differences connect with and delineate the scientific method from the entrepreneurial method.

As organizations have increasingly prioritized the inclusion of sexual minorities, there has been a proliferation of studies examining the ways by which organizations can foster environments that enable sexual minorities to express themselves authentically at work. Yet, extant research has predominantly ignored the role of other social identities in shaping the experiences of sexual minority employees, their decisions regarding the ways they express their sexual identities at work, and the consequences of those decisions. The current study correspondingly draws on theorizing on intersectionality to propose that workplace experiences related to race, a visible identity, may alter the decisions employees make about the expression of their invisible sexual identities. We additionally extend current conceptualizations of identity management to consider the ways employees may manage the presentation of their more visible racial identities at work. Results indicated that harassment experienced on the basis of sexual orientation and race combined to influence identity management strategies related to sexual and racial identities. Furthermore, concealing one's sexual orientation and suppressing one's racial identity uniquely contributed to decrements in employee well-being and interacted to predict employee outcomes. Yet, the nature of the interactions varied by employee race. Findings from this study support the need to adopt an intersectional approach to understanding invisible inequalities at work and inform future theoretical and practical efforts aimed at fostering workplace inclusion. Keywords: identity management; sexual orientation; race; employee well-being

Although coping with an abusive boss can be psychologically demanding, those who suffer from leader abuse often stay in these unpleasant relationships, actively managing the way they are viewed in the eyes of their abusive leader (source of the abuse) and coworkers (observers of the abuse). Accordingly, the abusive supervision literature has relied almost exclusively on an emotional appraisal perspective to study the self-image implications following leader abuse. The present study seeks to add to this emerging line of scholarly conversations by presenting a novel theoretical alternative. Specifically, we integrate self-presentation and self-concept orientation perspectives to portray individuals’ identity-driven self-image maintenance following leader abuse. We argue that only those with a stronger relational self-concept are likely to be motivated to preserve their identity-consistent self-image and present themselves in positive and socially desirable ways toward both their coworkers and leader, following leader abuse. Using survey data collected from working professionals in China across two field studies, we found support for our hypotheses that when employees with a stronger relational self-concept experienced abusive supervision, they were motivated to help their coworkers as a result of their relational reputation maintenance concerns, and to use ingratiation tactics toward their leader due to their image preservation motives. We also offer insights about both the theoretical and practical implications of our research and discuss study limitations and directions for future research.

This study extends current knowledge on competition and corporate defense by investigating how firms transfer risk in response to their firm-specific multimarket and structural competitive conditions. Drawing on the theory of multimarket competition, we propose an inverted U–shaped relationship between multimarket competition and risk transfer. We also propose that, for the sake of gaining a competitive edge, the extent to which a firm manages risk will tend to be opposite to that of its competitors. Last, we propose that egocentric industry concentration will moderate the relationship between multimarket competition and risk transfer besides its direct effect. Analysis of reinsurance usage in the US property and casualty insurance industry strongly supports our model and shows that firm-specific competitive conditions are salient to a firm's risk transfer level.

Time is gaining recognition as an important research perspective, yet the assumptions, concepts, and boundaries of this perspective vary greatly across different fields. This diversity suggests that time offers both significant depth and relevance as a lens for research. However, the diversity of approaches also harbors ambiguity and a lack of coherence, hindering scholars’ ability to integrate insights and harness the full potential of time as a research lens. To address this issue, we review the diverse time-based assumptions, domains, and concepts in extant research. Our review reveals three dominant manifestations of the temporal lens: time as resource, time as structure, and time as process. We analyze and synthesize insights of the three lenses to offer an integrative framework to support future research. The framework informs and reveals opportunities for time-based research by foregrounding connections and contrasts among the lenses. Building on this framework, we discuss two principal pathways for future research: connecting the three lenses through the study of tensions at their interfaces, and enhancing the three lenses through the study of more complex conceptions of time.

Role congruity theory proposes that bias may arise from the perceived incongruity between stereotypes about a social group and expected requirements for success in a social role. Since its introduction, with a focus on gender roles and the development of prejudice against female leaders, management scholars have applied role congruity theory to understand the emergence and consequences of prejudice in a wide range of organizational settings. We provide a review of management research that has incorporated role congruity theory. In this review, we first identify the key constructs and predictions that underlie the theory. Then, we summarize the adoption of the theory in the management literature based on the effects of role incongruity on target evaluation, outcome, and adaptation. Lastly, we suggest potential areas for future development of the theory, including the expansion of the theory to include social roles beyond gender, the examination of multilevel and multidimensional role incongruity effects, and other relevant emerging topics. We hope that this review will promote the accessibility of role congruity theory to management researchers and stimulate the development and application of the theory in the field of management.