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Strategic Belief Management

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Prepared as a SO!APBOX Essay for the Anniversary Issue of Strategic Organization ; While (managerial) beliefs are central to many aspects of strategic organization, interactive beliefs are almost entirely neglected, save for somegame theory treatments. In an increasingly connected and networked economy,firms confront coordination problems that arise because of network effects.The capability to manage beliefs will increasingly be a strategic one, a keysource of wealth creation, and a key research area for strategic organizationscholars.KEYWORDS: Interactive beliefs, coordination, network economy, commonknowledge.JEL CODE: D84, M30

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Nicolai J. Foss

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