Hart E. Posen

University of Wisconsin-Madison

Professor

Madison, WI

United States

http://https://wsb.wisc.edu/directory/faculty/hart-posen

SCHOLARLY PAPERS

22

DOWNLOADS
Rank 19,641

SSRN RANKINGS

Top 19,641

in Total Papers Downloads

2,915

SSRN CITATIONS
Rank 7,651

SSRN RANKINGS

Top 7,651

in Total Papers Citations

65

CROSSREF CITATIONS

100

Scholarly Papers (22)

1.

Is Failure Good?

Strategic Management Journal, Vol. 26, No. 7, July 2005
Number of pages: 42 Posted: 15 May 2006
Hart E. Posen and Anne Marie Knott
University of Wisconsin-Madison and Washington University in St. Louis - John M. Olin Business School
Downloads 341 (102,986)
Citation 1

Abstract:

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entry, efficiency, spillovers, selection, competition, failure

2.

Toward a Behavioral Theory of Real Options: Noisy Signals, Bias, and Learning

Number of pages: 43 Posted: 20 Dec 2014 Last Revised: 15 Mar 2020
Hart E. Posen, Michael J. Leiblein and John S. Chen
University of Wisconsin-Madison, Ohio State University and University of Florida
Downloads 323 (109,420)
Citation 3

Abstract:

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Bayesian Learning, Competitive Advantage, Computational Model, Decision-Making Under Uncertainty, Experiential Learning, Heterogeneity, Real Option Logic, Sequential Decision-Making, Simulation, Strategic Decision-Making

3.

The Power of Imperfect Imitation

Strategic Management Journal, Forthcoming
Number of pages: 39 Posted: 16 Feb 2010 Last Revised: 29 Oct 2012
Hart E. Posen, Jeho Lee and Sangyoon Yi
University of Wisconsin-Madison, College of Business, Korea Advanced Institute of Science and Technology (KAIST) and University of Southern Denmark - Department of Marketing & Management - Strategic Organization Design (SOD) Group
Downloads 317 (111,717)
Citation 5

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Imitation, Search, Heterogeneity, Bounded Rationality, Industry Evolution

4.

Chasing a Moving Target: Exploitation and Exploration in Dynamic Environments

Management Science, Forthcoming
Number of pages: 38 Posted: 24 Jan 2010 Last Revised: 05 Oct 2011
Hart E. Posen and Daniel Levinthal
University of Wisconsin-Madison and University of Pennsylvania - Management Department
Downloads 279 (127,920)
Citation 9

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Exploration, Exploitation, Learning, Turbulence, Selection

An Advantage of Newness: Vicarious Learning Despite Limited Absorptive Capacity

Forthcoming at Organization Science
Number of pages: 36 Posted: 17 May 2011 Last Revised: 12 Dec 2012
Hart E. Posen and John S. Chen
University of Wisconsin-Madison and University of Florida
Downloads 141 (239,538)
Citation 6

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Entry, Organizational Learning, Absorptive Capacity

An Advantage of Newness: Learning by Entrants and Incumbents in US Commercial Banking

Number of pages: 49 Posted: 03 Mar 2009 Last Revised: 05 Oct 2011
Hart E. Posen and John S. Chen
University of Wisconsin-Madison and University of Florida
Downloads 115 (280,126)

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Entry, Learning Curves, Competition, Spillovers, Firm Heterogeneity

6.

Firm R&D Behavior and Evolving Technology in Established Industries

Organization Science, Forthcoming, Ross School of Business Paper No. 1109
Number of pages: 42 Posted: 25 May 2008 Last Revised: 12 Jun 2014
Anne Marie Knott and Hart E. Posen
Washington University in St. Louis - John M. Olin Business School and University of Wisconsin-Madison
Downloads 214 (166,149)
Citation 3

Abstract:

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R&D, Innovation, Strategic Renewal, Industry Evolution

7.

Myopia of Selection: Does Organizational Adaptation Limit the Efficacy of Population Selection?

Administrative Science Quarterly, Forthcoming
Number of pages: 66 Posted: 17 May 2007 Last Revised: 27 Dec 2011
Daniel Levinthal and Hart E. Posen
University of Pennsylvania - Management Department and University of Wisconsin-Madison
Downloads 212 (167,630)
Citation 3

Abstract:

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Adaptation, Selection, Exploration, Exploitation, Reliability, Learning

8.

Resource Allocation in Strategic Factor Markets: A Realistic Real Options Approach to Generating Competitive Advantage

Number of pages: 41 Posted: 26 Nov 2016
Michael J. Leiblein, John S. Chen and Hart E. Posen
Ohio State University, University of Florida and University of Wisconsin-Madison
Downloads 180 (194,611)
Citation 1

Abstract:

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Real Option Logic, Decision-Making under Uncertainty, Competitive Advantage, Competitive Heterogeneity, Sequential Decision-Making, Strategic Decision-Making

9.

Adaptive Capacity to Technological Change: A Microfoundational Approach

Aggarwal, VA, Posen, HE, Workiewicz, M. 2017. Adaptive capacity to technological change: A microfoundational approach. Strategic Management Journal 38(6): 1212-1231.
Number of pages: 40 Posted: 04 Feb 2015 Last Revised: 17 Mar 2020
INSEAD - Entrepreneurship and Family Enterprise, University of Wisconsin-Madison and INSEAD
Downloads 133 (250,354)
Citation 6

Abstract:

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routines, technological change, adaptive capacity, inter-firm heterogeneity microfoundations

10.

Renewing Research on Problemistic Search – A Review and Research Agenda

Academy of Management Annals, Forthcoming
Number of pages: 97 Posted: 30 Oct 2017
Hart E. Posen, Thomas Keil, Sangyun Kim and Felix Meissner
University of Wisconsin-Madison, University of Zurich - Department of Business Administration, University of Wisconsin - Madison and University of Zurich
Downloads 125 (262,414)
Citation 4

Abstract:

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problemistic search, learning, firm performance, performance feedback, behavioral theory of the firm

11.

The Impact of Learning and Overconfidence on Entrepreneurial Entry and Exit

Forthcoming, Organization Science
Number of pages: 47 Posted: 14 Mar 2018 Last Revised: 10 May 2018
University of Florida, Michigan State University - Department of Economics, Washington University in St. Louis - John M. Olin Business School and University of Wisconsin-Madison
Downloads 85 (340,413)
Citation 5

Abstract:

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earning, opportunity assessment, bias, overconfidence, entrepreneurship

12.

Learning-By-Participating in Decision-Making: Broadening Participation, Narrowing Feedback

Number of pages: 37 Posted: 22 Dec 2017
Henning Piezunka, Vikas A. Aggarwal and Hart E. Posen
INSEAD, INSEAD - Entrepreneurship and Family Enterprise and University of Wisconsin-Madison
Downloads 78 (357,973)

Abstract:

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Learning, Information Aggregation

13.

Fortune Favors Fools: How Confidence Can Compensate for Competence in Learning

Number of pages: 46 Posted: 12 Nov 2013
Hart E. Posen, Dirk Martignoni and Markus Lang
University of Wisconsin-Madison, University of Zurich, Department of Business Administration and University of Lausanne - Faculty of Social and Political Sciences
Downloads 78 (357,973)

Abstract:

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Learning, Competence, Confidence, Entrepreneurial Entry

14.

E Pluribus Unum: Organizational Size and the Efficacy of Learning

Number of pages: 37 Posted: 03 Feb 2013
Hart E. Posen, Dirk Martignoni and Daniel Levinthal
University of Wisconsin-Madison, University of Zurich, Department of Business Administration and University of Pennsylvania - Management Department
Downloads 66 (392,479)
Citation 1

Abstract:

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15.

Learning-by-Participating: The Dual Role of Structure in Aggregating Information and Shaping Learning

INSEAD Working Paper No. 2019/29/EFE
Number of pages: 46 Posted: 25 Jul 2019 Last Revised: 18 May 2020
Henning Piezunka, Vikas A. Aggarwal and Hart E. Posen
INSEAD, INSEAD - Entrepreneurship and Family Enterprise and University of Wisconsin-Madison
Downloads 59 (415,271)

Abstract:

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Learning-by-doing, information aggregation, decision making

16.

How Can Imitation Increase Inter-Firm Heterogeneity?

Number of pages: 38 Posted: 26 Nov 2013
Hart E. Posen, Dirk Martignoni and Markus Lang
University of Wisconsin-Madison, University of Zurich, Department of Business Administration and University of Lausanne - Faculty of Social and Political Sciences
Downloads 55 (429,359)
Citation 1

Abstract:

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Imitation, Learning, Adaptation, Heterogeneity

17.

The Problems and Promise of Entrepreneurial Partnerships: Decision Making, Overconfidence, and Learning in Founding Teams

Chen JS, Elfenbein DW, Posen HE, Wang MZ (2020). The Problems and Promise of Entrepreneurial Partnerships: Decision Making, Overconfidence, and Learning in Founding Teams. Academy of Management Review, (Forthcoming)
Number of pages: 55 Posted: 02 Jun 2020
University of Florida, Washington University in St. Louis - John M. Olin Business School, University of Wisconsin-Madison and Washington University in St. Louis - John M. Olin Business School
Downloads 45 (467,804)

Abstract:

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learning, opportunity assessment, bias, overconfidence, entrepreneurship, organizational decision-making

18.

Revisiting the Imitation Assumption: Why Imitation May Increase, Rather than Decrease, Performance Heterogeneity

Strategic Management Journal, Forthcoming
Number of pages: 36 Posted: 02 Oct 2017 Last Revised: 14 Dec 2018
Hart E. Posen and Dirk Martignoni
University of Wisconsin-Madison and University of Zurich, Department of Business Administration
Downloads 45 (467,804)
Citation 6

Abstract:

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Imitation, learning, performance heterogeneity, focus of attention, entry, behavioral theory of the firm, NK performance landscape model

19.

How Does Pre-Entry Experience Enhance Entrant Performance? Evidence From Learning Curves of New Banks

Number of pages: 51 Posted: 14 Jun 2019
Zhi Cao and Hart E. Posen
University of Nevada, Las Vegas - Lee School of Business and University of Wisconsin-Madison
Downloads 12 (656,754)

Abstract:

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Learning, Entrepreneurship, Pre-Entry Experience, Industry Evolution, Entry

20.

A Contingency Perspective on Imitation Strategies: When Is 'Benchmarking' Ineffective?

Posen, HE, Yi, S, Lee, J. 2020. A contingency perspective on imitation strategies: When is “benchmarking” ineffective. Strategic Management Journal 41(2): 198-221.
Number of pages: 40 Posted: 09 Apr 2020
Hart E. Posen, Sangyoon Yi and Jeho Lee
University of Wisconsin-Madison, University of Southern Denmark - Department of Marketing & Management - Strategic Organization Design (SOD) Group and Seoul National University
Downloads 6 (700,352)

Abstract:

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21.

When Does the Pre-Entry Experience of New Entrants Improve Their Performance? A Meta-Analytical Investigation of Critical Moderators

Number of pages: 55 Posted: 20 Oct 2020
Zhi Cao and Hart E. Posen
University of Nevada, Las Vegas - Lee School of Business and University of Wisconsin-Madison
Downloads 3 (723,199)

Abstract:

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Pre-entry experience; new entrant environment; environmental context; meta-analysis

22.

Pivot Rules for (Overconfident) Entrepreneurs

Number of pages: 45
University of Florida, Washington University in St. Louis - John M. Olin Business School, University of Wisconsin-Madison and Washington University in St. Louis - John M. Olin Business School
Downloads 3 (723,199)

Abstract:

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entrepreneurship, learning, pivots, bias