Behavioral strategy: A systematic literature review and research framework

Abstract

PurposeBehavioral strategy, as a cognitive- and social-psychological view on strategic management, has gained increased attention. However, its conceptualization is still fuzzy and deserves an in-depth investigation. The authors aim to provide a holistic overview and classification of previous research and identify gaps to be addressed in future research.Design/methodology/approachThe authors conducted a systematic literature review on behavioral strategy. The final sample includes 46 articles from leading management journals, based on which the authors develop a research framework.FindingsThe results reveal cognition and traits as major internal factors. Besides, organizational and environmental contingencies are major external factors of behavioral strategy.Originality/valueTo the authors’ best knowledge, this is the first holistic systematic literature review on behavioral strategy, which categorizes previous research.