Abstract Research Abstract This study examines commission and omission errors in the
evaluation of technological opportunities. Integrating structural and cognitive perspectives …

Budgetary constraints force organizations to pursue only a subset of possible innovation
projects. Identifying which subset is most promising is an error-prone exercise, and involving …

Project escalation involves the continued, persistent commitment to a failing project.
Through a qualitative meta-analysis of 15 published cases of large information systems (IS) …

Abstract Research Summary Our field study of new business development in a German‐
based global pharmaceutical company reveals that the emergence of co‐selection bias in …

Research summary Our article examines the deliberate creation of learning opportunities in
the global rollout of innovations. Some firms launch in only a subset of markets at first, with …

Firms manage their R&D portfolios by continuously evaluating and selecting which inventive
paths to maintain and which ones to terminate. Prior research found that the extent of …

The tentative pursuit of parallel projects in an innovation funnel helps firms improve
selection under uncertainty. Yet a risk of premature project termination may make …

We empirically show that sample information not only moderates prospects' outcome
ambiguity but also decision makers' revealed aversion of them. Since most natural prospects …

We use data from the European Community Innovation Survey to quantitatively explore how
firms that discontinue innovation projects differ from firms that do not. Complementing prior …

1 The essay reflects the co-authors' different academic and managerial views. We worked
together on several innovations studied at the 3M Company in the 1980's. During that time …