JOURNAL ARTICLE

Strategy Experiments in Nonexperimental Settings: Challenges of Theory, Inference, and Persuasion in Business Strategy.

  • Published In: Strategy Science (INFORMS), 2024, v. 9, n. 4. P. 311 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Adner, Ron; Levinthal, Daniel A. 3 of 3

Abstract

The article focuses on the distinct challenges of theorizing and experimentation in business strategy, emphasizing two key dimensions: the repeatability of strategic experiments and whether they require individual or joint action. It argues that many strategic initiatives are nonrepeatable—meaning their execution changes the business environment and future outcomes—and often require collective buy-in from multiple internal and external actors, making persuasion a critical component of theory-building. These properties complicate inference and learning from strategic actions, as traditional experimental and statistical methods assume repeatability and independence, which do not hold in many real-world strategic contexts. The authors highlight how these factors shape the nature of strategic decision-making, learning, and the role of theory in guiding and coordinating actions within evolving ecosystems.

Additional Information

  • Source:Strategy Science (INFORMS). 2024/12, Vol. 9, Issue 4, p311
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2024
  • ISSN:2333-2050
  • DOI:10.1287/stsc.2024.0164
  • Accession Number:181625067
  • Copyright Statement:Copyright of Strategy Science (INFORMS) is the property of INFORMS: Institute for Operations Research & the Management Sciences and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

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