| Project/Area Number |
22K13472
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| Research Category |
Grant-in-Aid for Early-Career Scientists
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| Allocation Type | Multi-year Fund |
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| Review Section |
Basic Section 07080:Business administration-related
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| Research Institution | Hitotsubashi University |
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Principal Investigator |
LEE Jinju 一橋大学, 大学院経営管理研究科, 講師 (30870224)
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| Project Period (FY) |
2022-04-01 – 2024-03-31
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| Project Status |
Completed (Fiscal Year 2023)
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| Budget Amount *help |
¥3,510,000 (Direct Cost: ¥2,700,000、Indirect Cost: ¥810,000)
Fiscal Year 2023: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
Fiscal Year 2022: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
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| Keywords | Attention based view / Behavioral Strategy / Covid-19 / Corporate Strategy / Crisis Management / Attention-based View / Competitive Strategy / Competition Strategy / behavioral strategy / managerial bias / COVID-19 pandemic / disruptive environment |
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| Outline of Research at the Start |
The key research questions of this research are: (1) How does the disruptive environmental changes such as COVID-19 create different kinds of organizational attentions? and (2) Do these different types of organizational attentions manifest managerial biases and influence firms' strategic decisions under the pandemic situation? Since most of the work on behavioral strategy are based on probabilistic framework, this study aims to provide a novel framework in understanding how managerial attentions are formed and strategic choices are made under ill-defined outcome space and abrupt discontinuity.
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| Outline of Final Research Achievements |
Drawing upon the Attention-Based View (ABV) of strategy and behavioral strategy literature, this research aims to achieve two main objectives. Firstly, it seeks to explore the types of organizational attention that have emerged during the COVID-19 pandemic, focusing on selective focus and structural distribution of attention. Secondly, it aims to investigate the relationships between these types of organizational attention and the likelihood of managerial biases as well as the choice of strategic actions. Noteworthy accomplishments to date include conducting a comprehensive literature review, gathering data for testing the hypotheses, and uncovering initial findings. The findings indicate that firms' attention is influenced by factors such as ownership structure, past financial performance, regional location, and level of business diversity.
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| Academic Significance and Societal Importance of the Research Achievements |
This research provides insights for organizations navigating crises, emphasizing the value of understanding attention distribution patterns. By guiding organizations to adopt more effective crisis management strategies, it ultimately contributes to societal stability and resilience.
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