IDEAS home Printed from https://ideas.repec.org/a/eee/jbrese/v114y2020icp160-172.html
   My bibliography  Save this article

Relation between managerial cognition and industrial performance: An assessment with strategic cognitive maps using fuzzy-set qualitative comparative analysis

Author

Listed:
  • Kumbure, Mahinda Mailagaha
  • Tarkiainen, Anssi
  • Luukka, Pasi
  • Stoklasa, Jan
  • Jantunen, Ari

Abstract

Strategic management researchers have long been fascinated with company performance in terms of underlying managerial cognition and its interpretation. This paper presents a methodology to examine the linkage between the cognition of individuals and company performance. We link cognitive maps with fuzzy-set qualitative comparative analysis (fsQCA) and examined the role of standard and newly proposed consistency and coverage formulas in the evaluation of social science data. We investigate the effect of cognitive diversity within a company, and between companies within an industry on company performance using experimental and real-life data. The proposed method used a cognitive mapping approach to elicit strategy frames from individuals in management teams and operationalized their cognitive diversity by distance ratios between individual- and group-level cognitive maps. The results highlight the different opportunities of cognitive diversity to the enhancement of company performance in the market and confirm the usefulness of new fsQCA consistency and coverage measures.

Suggested Citation

  • Kumbure, Mahinda Mailagaha & Tarkiainen, Anssi & Luukka, Pasi & Stoklasa, Jan & Jantunen, Ari, 2020. "Relation between managerial cognition and industrial performance: An assessment with strategic cognitive maps using fuzzy-set qualitative comparative analysis," Journal of Business Research, Elsevier, vol. 114(C), pages 160-172.
    • Handle: RePEc:eee:jbrese:v:114:y:2020:i:c:p:160-172
    DOI: 10.1016/j.jbusres.2020.04.001
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0148296320302174
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jbusres.2020.04.001?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ferreira, Fernando A.F. & Marques, Carla S.E. & Bento, Paulo & Ferreira, João J.M. & Jalali, Marjan S., 2015. "Operationalizing and measuring individual entrepreneurial orientation using cognitive mapping and MCDA techniques," Journal of Business Research, Elsevier, vol. 68(12), pages 2691-2702.
    2. Ragin, Charles C., 2000. "Fuzzy-Set Social Science," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226702773, December.
    3. Sarah Kaplan, 2011. "Research in Cognition and Strategy: Reflections on Two Decades of Progress and a Look to the Future," Journal of Management Studies, Wiley Blackwell, vol. 48(3), pages 665-695, May.
    4. Ragin, Charles C., 2006. "Set Relations in Social Research: Evaluating Their Consistency and Coverage," Political Analysis, Cambridge University Press, vol. 14(3), pages 291-310, July.
    5. Ferreira, Fernando A.F. & Jalali, Marjan S. & Ferreira, João J.M., 2016. "Experience-focused thinking and cognitive mapping in ethical banking practices: From practical intuition to theory," Journal of Business Research, Elsevier, vol. 69(11), pages 4953-4958.
    6. Skarmeas, Dionysis & Leonidou, Constantinos N. & Saridakis, Charalampos, 2014. "Examining the role of CSR skepticism using fuzzy-set qualitative comparative analysis," Journal of Business Research, Elsevier, vol. 67(9), pages 1796-1805.
    7. Wang, Xiao-Hua (Frank) & Kim, Tae-Yeol & Lee, Deog-Ro, 2016. "Cognitive diversity and team creativity: Effects of team intrinsic motivation and transformational leadership," Journal of Business Research, Elsevier, vol. 69(9), pages 3231-3239.
    8. Barbara Vis & Jan Dul, 2018. "Analyzing Relationships of Necessity Not Just in Kind But Also in Degree," Sociological Methods & Research, , vol. 47(4), pages 872-899, November.
    9. repec:ucp:bkecon:9780226702766 is not listed on IDEAS
    10. Santos, Jose Novais & Mota, João & Baptista, Cristina Sales, 2018. "Understanding configurations of value creation functions in business relationships using a fuzzy-set QCA," Journal of Business Research, Elsevier, vol. 89(C), pages 429-434.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xin Cao & Taohua Ouyang & Puzant Balozian & Sixuan Zhang, 2020. "The Role of Managerial Cognitive Capability in Developing a Sustainable Innovation Ecosystem: A Case Study of Xiaomi," Sustainability, MDPI, vol. 12(17), pages 1-27, September.
    2. Lin, Nidthida & Wilden, Ralf & Chirico, Francesco & Ghasrodashti, Elahe & DeTienne, Dawn R., 2022. "Persist or let it go: Do rational entrepreneurs make decisions rationally?," Journal of Business Venturing, Elsevier, vol. 37(4).
    3. Sridhar, Araavind & Honkapuro, Samuli & Ruiz, Fredy & Stoklasa, Jan & Annala, Salla & Wolff, Annika & Rautiainen, Antti, 2023. "Residential consumer preferences to demand response: Analysis of different motivators to enroll in direct load control demand response," Energy Policy, Elsevier, vol. 173(C).
    4. Qi Song & Xiaohong Chen & Hao Gu, 2023. "How Technological, Organizational, and Environmental Factors Drive Enterprise Digital Innovation: Analysis Based on the Dynamic FsQCA Approach," Sustainability, MDPI, vol. 15(16), pages 1-22, August.
    5. Sridhar, Araavind & Honkapuro, Samuli & Ruiz, Fredy & Stoklasa, Jan & Annala, Salla & Wolff, Annika & Rautiainen, Antti, 2023. "Toward residential flexibility—Consumer willingness to enroll household loads in demand response," Applied Energy, Elsevier, vol. 342(C).
    6. Alfonso Carfora & Giuseppe Scandurra & Antonio Thomas, 2021. "Determinants of environmental innovations supporting small‐ and medium‐sized enterprises sustainable development," Business Strategy and the Environment, Wiley Blackwell, vol. 30(5), pages 2621-2636, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Vizcaíno, Marcos & Chousa, Juan P., 2016. "Analyzing the influence of the funds' support on Tobin's q using SEM and fsQCA," Journal of Business Research, Elsevier, vol. 69(6), pages 2118-2124.
    2. Hernández-Perlines, Felipe & Moreno-García, Juan & Yañez-Araque, Benito, 2016. "The mediating role of competitive strategy in international entrepreneurial orientation," Journal of Business Research, Elsevier, vol. 69(11), pages 5383-5389.
    3. Hsiao, Yu-Hsiang & Chen, Li-Fei & Chang, Chao-Chin & Chiu, Fu-Hsuan, 2016. "Configurational path to customer satisfaction and stickiness for a restaurant chain using fuzzy set qualitative comparative analysis," Journal of Business Research, Elsevier, vol. 69(8), pages 2939-2949.
    4. Sascha Kraus & Domingo Ribeiro-Soriano & Miriam Schüssler, 2018. "Fuzzy-set qualitative comparative analysis (fsQCA) in entrepreneurship and innovation research – the rise of a method," International Entrepreneurship and Management Journal, Springer, vol. 14(1), pages 15-33, March.
    5. Wünderlich, Nancy V. & Hogreve, Jens, 2019. "Configuring Customer Touchpoints: A Fuzzy-Set Analysis of Service Encounter Satisfaction," SMR - Journal of Service Management Research, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 3(1), pages 3-11.
    6. Ren, Shengce & Tsai, Huei-Ting & Eisingerich, Andreas B., 2016. "Case-based asymmetric modeling of firms with high versus low outcomes in implementing changes in direction," Journal of Business Research, Elsevier, vol. 69(2), pages 500-507.
    7. Grohs, Reinhard & Raies, Karine & Koll, Oliver & Mühlbacher, Hans, 2016. "One pie, many recipes: Alternative paths to high brand strength," Journal of Business Research, Elsevier, vol. 69(6), pages 2244-2251.
    8. Jantunen, Ari & Tarkiainen, Anssi & Chari, Simos & Oghazi, Pejvak, 2018. "Dynamic capabilities, operational changes, and performance outcomes in the media industry," Journal of Business Research, Elsevier, vol. 89(C), pages 251-257.
    9. Barry Cooper & Judith Glaesser, 2016. "Analysing necessity and sufficiency with Qualitative Comparative Analysis: how do results vary as case weights change?," Quality & Quantity: International Journal of Methodology, Springer, vol. 50(1), pages 327-346, January.
    10. Federica Nieri & Luciano Ciravegna & Ruth V. Aguilera & Elisa Giuliani, 2019. "Larger, more internationalized, better behaved? A configurational study of em erging market multinational enterprises' involvement in corporate wrongdoing," Discussion Papers 2019/255, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
    11. Ferguson, Graham & Megehee, Carol M. & Woodside, Arch G., 2017. "Culture, religiosity, and economic configural models explaining tipping-behavior prevalence across nations," Tourism Management, Elsevier, vol. 62(C), pages 218-233.
    12. Katarzyna Boratyńska, 2021. "A New Approach for Risk of Corporate Bankruptcy Assessment during the COVID-19 Pandemic," JRFM, MDPI, vol. 14(12), pages 1-14, December.
    13. Rana Mostaghel & Pejvak Oghazi, 2017. "Elderly and technology tools: a fuzzyset qualitative comparative analysis," Quality & Quantity: International Journal of Methodology, Springer, vol. 51(5), pages 1969-1982, September.
    14. Sonja Sperber & Christian Linder, 2018. "The impact of top management teams on firm innovativeness: a configurational analysis of demographic characteristics, leadership style and team power distribution," Review of Managerial Science, Springer, vol. 12(1), pages 285-316, January.
    15. Daniela Cristofoli & Benedetta Trivellato & Alessandro Sancino & Laura Maccio’ & Josip Markovic, 2021. "Public network leadership and the ties that lead," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 25(1), pages 251-274, March.
    16. Scott R. Eliason & Robin Stryker, 2009. "Goodness-of-Fit Tests and Descriptive Measures in Fuzzy-Set Analysis," Sociological Methods & Research, , vol. 38(1), pages 102-146, August.
    17. Pappas, Nikolaos & Papatheodorou, Andreas, 2017. "Tourism and the refugee crisis in Greece: Perceptions and decision-making of accommodation providers," Tourism Management, Elsevier, vol. 63(C), pages 31-41.
    18. Bencsik, Barbara & Palmié, Maximilian & Parida, Vinit & Wincent, Joakim & Gassmann, Oliver, 2023. "Business models for digital sustainability: Framework, microfoundations of value capture, and empirical evidence from 130 smart city services," Journal of Business Research, Elsevier, vol. 160(C).
    19. Rebean Al-Silefanee & Niels Bosma, 2024. "Uncovering Determinants of Entrepreneurial Behaviour in a Transitioning Economy: A Fuzzy-set Qualitative Comparative Analysis," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 33(1), pages 34-58, February.
    20. Muñoz, Pablo & Dimov, Dimo, 2015. "The call of the whole in understanding the development of sustainable ventures," Journal of Business Venturing, Elsevier, vol. 30(4), pages 632-654.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jbrese:v:114:y:2020:i:c:p:160-172. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jbusres .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.