Elevates scenario thinking as the essential tool in managerial foresight projects.

Examines the overlap between 'Austrian' economics and management, especially in the fields of entrepreneurship, strategy, and organization studies, where Austrian ideas are thriving. As an introductory survey, the book will appeal equally to researchers, teachers, and students.

Provides a characterization of microfoundations based on classical work on the methodology of social science and documents and discusses its manifestations in management research. It also covers the relation of microfoundations to multilevel research; criticisms of microfoundations; and empirical research strategies for microfoundations.

Strategy consulting is one of the most highly respected and at the same time deeply detested jobs on this planet. This Element provides an overview of this fascinating and emerging profession. Relying on existing research and the author's practical experience, it describes what strategy consulting is, its origins, how to practice it and its future.

This Element combines the advances of the economics of knowledge and innovation implementing the Schumpeterian notion of creative response to understand the determinants and the effects of the rate and direction of technological and organizational change and its variance across time and space, firms and industries.

Strategy-in-Practices (SiP), the patterned regularity in an organization's modus operandi draws attention to the tacit influence of an organization's shared practices on its formal strategy-making efforts. It emphasizes the need for both these to be aligned for the organization to better prepare to cope with challenges and opportunities.