Management INK’s Most Popular Articles of 2014
As 2014 draws to a close, we’d like to take a moment to highlight the top three most read posts of the year.
3. Methodological Issues in Strategy and Strategic Management Research: New ORM Virtual Feature Issue
Organizational Research Methods has a new Virtual Issue on the topic of Methodological Issues in Strategy and Strategic Management Research… This virtual issue features 17 articles devoted to methodological issues linked to the study of Strategic Management. The articles focus on five different topics: design issues, survey data, innovative approaches to data, qualitative approaches, and construct measurement.
As academics, we do work that is both serious and significant. Yet, being too serious can interfere with our performance and enjoyment of the knowledge creation and dissemination work we do as researchers and educators. In this essay, I call for some reflection on the value of not being too serious. I offer some stories and simple prescriptions in the spirit of pursuing career and life balance, personal effectiveness, and, just as importantly, fun as a not-too-serious academic scholar.
1. Common Beliefs and Reality About PLS
The major shortcoming of Rönkkö and Evermann’s (2013) study is that they neglect that PLS estimates a composite factor model, not a common factor model. Although the composite factor model is often a good approximation to the common factor model, there are important differences. Rönkkö and Evermann (2013) regard PLS simply as a suboptimal estimator of common factor models. But like a hammer is a suboptimal tool to fix screws, PLS is a suboptimal tool to estimate common factor models. In contrast, PLS is a useful tool for estimating composite factor models.
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