The resource‐based view is an enduring and impactful mainstay of research within strategic
management and beyond. This editors' introduction to the special issue on “new directions …

Green innovation is a key way for firms to establish competitive advantage and contribute to
sustainable development, but it often suffers from financing constraints. In this regard …

We reflect on the past, present, and future of stakeholder theory, focusing on its link to
strategy and organization scholarship. Stakeholder theory was originally conceived as a …

The new stakeholder theory (NST) grapples with two canonical questions: Which
stakeholders are enfranchised in organizations? How is the value created through …

We develop a stakeholder theory of corporate governance grounded in classical property
rights theory, adopting the view that governance should help free individuals to maximize …

How do firms address complex collective action problems effectively? Institutional and
stakeholder research suggests that firms may avoid the tragedy of the commons by aligning …

Managerial authority is a fundamental concept within organizational and management
research, often understood as a defining feature of organizations. However, far-reaching …

Broadening the organizational purpose of a firm beyond narrow short-term profit
maximization may enhance long-term shareholder value. This result obtains when firms …

Abstract Research Summary Without compelling empirical proxies for economic profits, we
may need to reconsider the decades of empirical research purporting to inform our theories …

Purpose The role of patents for appropriating (capturing) value from innovation investments
has for decades been of major interest to both practitioners and academics in innovation …