2013 Aspirations & reference points

Risk abatement as a strategy for R&D investments in family firms

Pankaj C. Patel, James J. Chrisman

Strategic Management Journal

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Cited by in snapshot: 15
References in snapshot: 3
Global cited by: 380

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Cited by 15

Long–Term Orientation in Publicly Traded Family Businesses: Evidence of a Dominant Logic Richard J. Gentry, Clay Dibrell, Jaemin Kim · 2014
Strategic reference points in family firms Josip Kotlar et al. · 2014
Profitability Goals, Control Goals, and the R&D Investment Decisions of Family and Nonfamily Firms Josip Kotlar et al. · 2014
Managerial Risk Taking Robert E. Hoskisson et al. · 2016
The mixed gamble of internationalization in family and nonfamily firms: The moderating role of organizational slack Todd M. Alessandri, Daniele Cerrato, Kimberly Eddleston · 2018
How negative aspiration performance gaps affect innovation efficiency Montserrat Manzaneque Lizano et al. · 2018
How does inconsistent negative performance feedback affect the R&D investments of firms? A study of publicly listed firms David Diwei Lv et al. · 2019
Multiple performance pressure inconsistency, resource slack, and the firm’s R&D investment: A behavioral agency theory perspective David Diwei Lv, Weihong Chen, Hailin Lan · 2022

Show 7 more citing records

Raising or folding the bet? Institutional dynamics, family involvement, and the mixed gamble of internationalization Elitsa R. Banalieva et al. · 2022
Performance below and above aspirations as an antecedent of succession planning in family firms: A socio-emotional wealth mixed gamble approach Ine Umans et al. · 2024
Acquisition Relatedness in Family Firms: Do the Environment and the Institutional Context Matter? Michele Pinelli et al. · 2024
Fight or flight? Understanding family firm internationalization when the rules of the game change Ivan Miroshnychenko, Kimberly Eddleston, Alfredo De Massis · 2023
Performance feedback and firms’ strategic actions: a cross-national meta-analysis Shan Xue, Honghui Chen, Jintao Wu · 2023
The Mixed Gamble of Competitive Dynamics in Family‐Controlled Firms Jaeyoung Cho, Alfredo De Massis, Josip Kotlar · 2025
Patents, trade secrets and performance aspirations in family firms Katrin Hussinger, Wunnam Basit Issah · 2025

References 3

A BEHAVIORAL THEORY OF R&D EXPENDITURES AND INNOVATIONS: EVIDENCE FROM SHIPBUILDING. Henrich R. Greve · 2003
Variations in R&D Investments of Family and Nonfamily Firms: Behavioral Agency and Myopic Loss Aversion Perspectives James J. Chrisman, Pankaj C. Patel · 2012
A Behavioral Agency Model of Managerial Risk Taking Robert M. Wiseman, Luis R. Gómez‐Mejía · 1998

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Bibliographic coupling

Records that cite some of the same reference targets.

Variations in R&D Investments of Family and Nonfamily Firms: Behavioral Agency and Myopic Loss Aversion Perspectives James J. Chrisman, Pankaj C. Patel · 2012

19 shared references · rank 1 of 196

Shared references
19
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39
Neighbor reference degree
95
Cosine
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Jaccard
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1 of 196
Strategic reference points in family firms Josip Kotlar et al. · 2014

15 shared references · rank 2 of 196

Shared references
15
This record reference degree
39
Neighbor reference degree
98
Cosine
0.243
Jaccard
0.123
Selected rank
2 of 196
Profitability Goals, Control Goals, and the R&D Investment Decisions of Family and Nonfamily Firms Josip Kotlar et al. · 2014

12 shared references · rank 3 of 196

Shared references
12
This record reference degree
39
Neighbor reference degree
93
Cosine
0.199
Jaccard
0.100
Selected rank
3 of 196
The Mixed Gamble of Competitive Dynamics in Family‐Controlled Firms Jaeyoung Cho, Alfredo De Massis, Josip Kotlar · 2025

12 shared references · rank 4 of 196

Shared references
12
This record reference degree
39
Neighbor reference degree
111
Cosine
0.182
Jaccard
0.087
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4 of 196
Managerial Risk Taking Robert E. Hoskisson et al. · 2016

12 shared references · rank 5 of 196

Shared references
12
This record reference degree
39
Neighbor reference degree
317
Cosine
0.108
Jaccard
0.035
Selected rank
5 of 196
How negative aspiration performance gaps affect innovation efficiency Montserrat Manzaneque Lizano et al. · 2018

11 shared references · rank 6 of 196

Shared references
11
This record reference degree
39
Neighbor reference degree
172
Cosine
0.134
Jaccard
0.055
Selected rank
6 of 196
Long–Term Orientation in Publicly Traded Family Businesses: Evidence of a Dominant Logic Richard J. Gentry, Clay Dibrell, Jaemin Kim · 2014

10 shared references · rank 7 of 196

Shared references
10
This record reference degree
39
Neighbor reference degree
106
Cosine
0.156
Jaccard
0.074
Selected rank
7 of 196
Firm Acquisitions by Family Firms: A Mixed Gamble Approach Katrin Hussinger, Abdul-Basit Issah · 2019

8 shared references · rank 8 of 196

Shared references
8
This record reference degree
39
Neighbor reference degree
89
Cosine
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Jaccard
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Selected rank
8 of 196
How does inconsistent negative performance feedback affect the R&D investments of firms? A study of publicly listed firms David Diwei Lv et al. · 2019

8 shared references · rank 9 of 196

Shared references
8
This record reference degree
39
Neighbor reference degree
102
Cosine
0.127
Jaccard
0.060
Selected rank
9 of 196
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This record reference degree
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Cosine
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Family Firms’ Shareholder Structure and International Acquisitions: A Differentiated Socioemotional Wealth Approach Andrea Calabrò et al. · 2024

8 shared references · rank 11 of 196

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This record reference degree
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Neighbor reference degree
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Cosine
0.115
Jaccard
0.051
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11 of 196
Goal complexity in family firm diversification: Evidence from China Junsheng Dou et al. · 2020

8 shared references · rank 12 of 196

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8
This record reference degree
39
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Cosine
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Jaccard
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12 of 196
The mixed gamble of internationalization in family and nonfamily firms: The moderating role of organizational slack Todd M. Alessandri, Daniele Cerrato, Kimberly Eddleston · 2018

7 shared references · rank 13 of 196

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7
This record reference degree
39
Neighbor reference degree
83
Cosine
0.123
Jaccard
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Managerial Risk, Innovation, and Organizational Decline Scott Latham, Michael Braun · 2008

7 shared references · rank 14 of 196

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Performance Feedback and Firm Risk Taking: The Moderating Effects of CEO and Outside Director Stock Options Elizabeth Lim, Brian T. McCann · 2013

7 shared references · rank 15 of 196

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Motivations and Outcomes of Firms' Leveraging of Alliance Knowledge Shihao Zhou · 2017

7 shared references · rank 16 of 196

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7
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Performance below and above aspirations as an antecedent of succession planning in family firms: A socio-emotional wealth mixed gamble approach Ine Umans et al. · 2024

6 shared references · rank 17 of 196

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6
This record reference degree
39
Neighbor reference degree
102
Cosine
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Jaccard
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Executive Stock Options as Mixed Gambles: Revisiting the Behavioral Agency Model Geoffrey Martin, Luis R. Gómez‐Mejía, Robert M. Wiseman · 2013

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6
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Better Safe Than Sorry: Subsidiary Performance Feedback and Internal Governance in Multiunit Firms Metin Sengul, Tomasz Obłój · 2017

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This record reference degree
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Jaccard
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Motivation and Ability? A Behavioral Perspective on the Pursuit of Radical Invention in Multi-Technology Incumbents J. P. Eggers, Aseem Kaul · 2017

6 shared references · rank 20 of 196

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This record reference degree
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Neighbor reference degree
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Jaccard
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Co-citation

Records cited together by the same public-snapshot records.

Variations in R&D Investments of Family and Nonfamily Firms: Behavioral Agency and Myopic Loss Aversion Perspectives James J. Chrisman, Pankaj C. Patel · 2012

12 shared citing records · rank 1 of 58

Shared citing records
12
This record citer degree
15
Neighbor citer degree
38
Cosine
0.503
Jaccard
0.293
Selected rank
1 of 58
A BEHAVIORAL THEORY OF R&D EXPENDITURES AND INNOVATIONS: EVIDENCE FROM SHIPBUILDING. Henrich R. Greve · 2003

11 shared citing records · rank 2 of 58

Shared citing records
11
This record citer degree
15
Neighbor citer degree
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Cosine
0.215
Jaccard
0.061
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PERFORMANCE FEEDBACK, SLACK, AND THE TIMING OF ACQUISITIONS. Dinesh N. Iyer, Kent D. Miller · 2008

9 shared citing records · rank 3 of 58

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Neighbor citer degree
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Cosine
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Performance, Aspirations, and Risky Organizational Change Henrich R. Greve · 1998

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This record citer degree
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Neighbor citer degree
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Cosine
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Jaccard
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A Behavioral Theory of the Firm Richard H. Day et al. · 1964

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Executive Stock Options as Mixed Gambles: Revisiting the Behavioral Agency Model Geoffrey Martin, Luis R. Gómez‐Mejía, Robert M. Wiseman · 2013

7 shared citing records · rank 6 of 58

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Performance Feedback, Slack, and The Timing of Acquisitions Dinesh N. Iyer, Kent D. Miller · 2008

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Cosine
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Determinants of Firms' Backward- and Forward-Looking R&D Search Behavior Weiru Chen · 2008

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Situational and institutional determinants of firms' R&D search intensity Weiru Chen, Kent D. Miller · 2007

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Strategic reference points in family firms Josip Kotlar et al. · 2014

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Looking Backward Instead of Forward: Aspiration-Driven Influences on the Efficiency of the Capital Allocation Process Mathias Arrfelt, Robert M. Wiseman, G. Tomas M. Hult · 2012

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A Behavioral Agency Model of Managerial Risk Taking Robert M. Wiseman, Luis R. Gómez‐Mejía · 1998

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A Behavioral Theory of Firm Growth: Sequential Attention to Size and Performance Goals Henrich R. Greve · 2008

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Less Likely to Fail: Low Performance, Firm Size, and Factory Expansion in the Shipbuilding Industry Pino G. Audia, Henrich R. Greve · 2006

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Firm Acquisitions by Family Firms: A Mixed Gamble Approach Katrin Hussinger, Abdul-Basit Issah · 2019

4 shared citing records · rank 16 of 58

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The mixed gamble of internationalization in family and nonfamily firms: The moderating role of organizational slack Todd M. Alessandri, Daniele Cerrato, Kimberly Eddleston · 2018

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