New publication by Prof Keil and Dr. Kuusela in Advances in Strategic Management

The article “Exploration and Negative Feedback –Behavioral Learning, Escalation of Commitment and Organizational Context” co-authored by Professor Keil and Dr. Kuusela together with Professor Nils Stieglitz (Frankfurt School of Finance & Management) has been accepted for publication in Advances in Strategic Management. This paper focuses on understanding how different organizational design elements influence psychological mechanisms that affect individuals’ persistence with exploration activities under negative performance feedback. Such setting is highly relevant for new product development projects as well as young entrepreneurial ventures. For instance, many founding teams of new ventures end up experimenting with multiple ideas and opportunities until they identify the business model the venture ends up pursuing, which often tends to take place under negative feedback.