Our Recent Books
Nicolai J. Foss and Peter G. Klein,
Organizing Entrepreneurial Judgment: A New Approach to the Firm (Cambridge University Press, 2012).
Peter G. Klein and Micheal E. Sykuta, eds.,
The Elgar Companion to Transaction Cost Economics (Edward Elgar, 2010).
Peter G. Klein,
The Capitalist and the Entrepreneur: Essays on Organizations and Markets (Mises Institute, 2010).
Richard N. Langlois,
The Dynamics of Industrial Capitalism: Schumpeter, Chandler, and the New Economy (Routledge, 2007).
Nicolai J. Foss,
Strategy, Economic Organization, and the Knowledge Economy: The Coordination of Firms and Resources (Oxford University Press, 2005).
Raghu Garud, Arun Kumaraswamy, and Richard N. Langlois, eds.,
Managing in the Modular Age: Architectures, Networks and Organizations (Blackwell, 2003).
Nicolai J. Foss and Peter G. Klein, eds.,
Entrepreneurship and the Firm: Austrian Perspectives on Economic Organization (Elgar, 2002).
Nicolai J. Foss and Volker Mahnke, eds.,
Competence, Governance, and Entrepreneurship: Advances in Economic Strategy Research
(Oxford, 2000).
Nicolai J. Foss and Paul L. Robertson, eds.,
Resources, Technology, and Strategy: Explorations in the Resource-based Perspective (Routledge, 2000).
Organizations and Markets 
1.
James Hayton | 3 August 2009 at 3:05 pm
Great link! We had exactly this experience in a graduate management program where we had participants self-evaluate their managerial/technical competencies before, during and following the program (2 years) Their evaluations actually *decreased* across all dimensions over time, presumably as they became more realistic regarding their actual abilities and developed those meta-cog. capabilities. It was a very consistent effect over 3 editions of the program.
In my opinion, one way to help overcome this bias is to build the ‘bonfire effect’ right into the program. (Bonfire effect = as the bonfire grows it reveals even more darkness): have self evaluation and competency appraisal as a component of the ed. experience.
2.
Andre Sammartino | 3 August 2009 at 6:53 pm
Fantastic. I would liove to give that article to every student who complains about a low mark… if I thought they’d understand it (or even read it)
3.
srp | 3 August 2009 at 7:04 pm
That paper has a Wikipedia page dedicated to the effect under the authors’ names. By the way the last paragraph of that article is classic.
I think being smart has some little-remarked attitudinal components. First, you have to want to be smart–it’s hard work to understand things past the superficially interesting point, and a little ego-involvement goes a long way. It’s easy for academics to forget that most people don’t really care that much because their ego-involvement lies elsewhere.
Second, you have to want to develop your meta-smarts–your sense of the levels and limits of your understanding across domains and your ability to guess how hard it would be to understand something that you’ve just heard about or read about without actually doing. (This last bit becomes especially clear when you first have to teach about something that you’re familiar with as a reader but haven’t worked in, especially if it has technical aspects.)
4.
David Croson | 3 August 2009 at 9:38 pm
What’s amazing to me is that the review process at JPSP took only FIVE MONTHS from initial submission to acceptance.
Including the R&R time!
5.
BD | 7 August 2009 at 1:26 pm
Nicolai, in terms of percentages, how much of your time is spent on research, teaching, and service?