Arend, R.J. & Levesque, M. (2010) Testing the Resource-Based View: Simulation Results for Violating VRIO. Organization Science: 21: 913-930.



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Curriculum Vitae Richard J. Arend, PhD PEng Professor of Entrepreneurship and Strategy, Henry W. Bloch Research Fellow University of Missouri-Kansas City Bloch 208, 5100 Rockhill Rd Kansas City, MO 64110-2499 Phone: (816) 235-2322 Fax: (816) 235-6529 arendr@umkc.edu PROFILE Professor, research active with a UTD rating over 6.5, a level on par with senior faculty at top-tier institutions. PhD in Strategic Management working in complementary research streams of entrepreneurship, and competitive and cooperative business strategy. Course building and teaching at the undergraduate, MBA, EMBA and doctoral levels in entrepreneurship and strategy areas. Education: PhD - University of British Columbia [Canada] 1991-1995 Post-Doctorate - University of British Columbia 1996-1997 Major: Strategic Management Dissertation: "Essays in Policy Analysis and Strategy: Entrepreneurship, Joint Venturing, and Trade" SSHRC Doctoral Fellowship; PhD Student Representative MBA, York University [Canada] - Honours Graduate 1987-1989 Major: Technology Strategy BASc (Engineering Science), University of Toronto [Canada] 1982-1986 Major: Aerospace Engineering Publications in UTD Journals: Arend, R.J., Patel, P.C. & Park, H.D. (TBA) Explaining Post-IPO Venture Performance through a Knowledge-Based View Typology. Strategic Management Journal: forthcoming online 04/29/13 Arend, R.J. (2013) "A Heart-Mind-Opportunity Nexus: Differentiating Social Entrepreneurship for Entrepreneurs". Academy of Management Review: 38(2): 313-315. Arend, R.J., Im, S, Song, M & Song, L. (TBA) " Strategic Planning as a Complex and Enabling Managerial Tool". Strategic Management Journal: forthcoming Arend, R.J. & Levesque, M. (2010) Testing the Resource-Based View: Simulation Results for Violating VRIO. Organization Science: 21: 913-930. Arend, R.J. (2009) Reputation for Cooperation: Contingent Benefits in Alliance Activity, Strategic Management Journal: 30(4): 371-386. Arend, R.J. (2006) SME-Supplier Alliance Activity in Manufacturing: Contingent Benefits and Perceptions. Strategic Management Journal: 27(8): 741-764 Arend, R.J. & Seale, D.A. (2005) "Modeling Alliance Activity: An Iterated Prisoners Dilemma with Exit Option". Strategic Management Journal: 26(11): 1057-1074 Arend, R.J. (2003) Revisiting the Logical and Research Considerations of Competitive Advantage. Strategic Management Journal: 24(3): 279-284 Arend, R.J. (1999) "Emergence of Entrepreneurs Following Exogenous Technological Shocks." Strategic Management Journal: 20(1): 31-48

Publications in Top Tier Journals in Strategic Management: Arend, R.J. (2013) The Business Model: Present and Future beyond a skeumorph. Strategic Organization! forthcoming Arend, R.J. & Chen, Y. (2012) Entrepreneurship as complex, dynamic, disequilibrious Strategic Organization! 10(1): 86-96. Arend, R.J. & Bromiley, P. (2009) Assessing the Dynamic Capabilities View Strategic Organization! 7(1): 75-90. Arend, R.J. (2009) Industry Effects and Firm Effects: no effect is an island, Journal of Business Research 62(6): 651-659. Arend, R.J. (2007) Abandoning [Entrepreneur]ship: children and victims first. Strategic Organization! 5(4): 409-422 Seale, D.A., Arend, R.J. & Phelan, S. (2006) "Modeling alliance activity: Opportunity cost and the shadow of the future in an iterated Prisoner s Dilemma game Organizational Behavior and Human Decision Processes: 100(1) 60-75. Arend, R.J. (2006) Tests of the Resource-Based View: do the empirics have any clothes?. Strategic Organization! 4(4): 409-422 Arend, R.J. (2004) "The Definition of Strategic Liabilities, and their Impact on Firm Performance." Journal of Management Studies: 41(6):1003-1027 Arend, R.J. (2004) "Alliances and Risk: Alliance Announcement Events and Stock Price Volatility in the Computing Industry." Journal of Management: 30(4): 487-508 Publications in Top Tier Journals in Entrepreneurship: Arend, R.J.. (TBA) Entrepreneurs as Sophisticated Iconoclasts: Rational Rule-Breaking in an Experimental Game Journal of Small Business Management, forthcoming. Arend, R.J.. (TBA) Entrepreneurship and Dynamic Capabilities: How Firm Age and Size Affect the Capability-Enhancement - SME Performance Relationship Small Business Economics, forthcoming. (available online: Nov, 2012) Arend, R.J.. (2013) Ethics-Focused Dynamic Capabilities: A Small Business Perspective Small Business Economics, 41(1): 1-24. Arend, R.J. (2009) Defending Against Competitive Advantage Erosion from Rival Innovation, Small Business Economics 33(2): 189-203. Arend, R.J. & Wisner, J.D. (2005) "Small Business and Supply Chain Management: Is There a Fit? ". Journal of Business Venturing: 20(3): 403-436 Arend, R.J. (2001) When Rivals Originate from Within. Small Business Economics: 16(3): 205-222

Other Refereed Journal Publications: Arend, R.J. (TBA) Promises, Premises... An Alternative View on the Effects of the Shane and Venkataraman 2000 AMR Note Journal of Management Inquiry: forthcoming [available online 01/24/2013] Arend, R.J. (2010) "Patterns of Sustained Performance: beginnings, paths and ends. European Management Journal 28(3): 236-249. Arend, R.J. (2009) Deconstructing Market Responses: Improvements to Methods Management Decision 47(6): 919-929. Arend, R.J. & Mantecon, T. (2008) Market Reactions to Asset Sales: Effects of the Joint Venture Prerequisite, European Management Journal 26(2): 105-121. Arend, R.J. (2008) Differences in RBV Strategic Factors and the Need to Consider Opposing Factors in Turnaround Outcomes. Managerial and Decision Economics: 29: 337-355 Arend, R.J. (2006) Bursting Bubbles: What the Internet Could Have Meant to Management Academia. Journal of Management Inquiry: 15(4): 372-383 Arend, R.J. (2006) "Implications for Including Shared Strategic Control in Multi-Party Relationship Models". European Management Journal: 24(1): 38-48. Phelan, S., Arend, R.J. & Seale, D.A. (2005) Using an Iterated Prisoner s Dilemma with Exit Option to Study Alliance Behavior: Results of a Tournament and Simulation". Computational and Mathematical Organization Theory:11(4): 339-356. Arend, R.J. (2005) "Obtaining R&D Joint Venture Co-operation under Prisoners' Dilemma Incentives". European Management Journal: 23(5): 520-532 Arend, R.J. & Amit. R.H. (2005) "Selection in Strategic Alliance Activity: Effects on Firm Performance in the Computing Industry ". European Management Journal: 23(4): 361-381 Arend, R.J. (2004) "Conditions for Asymmetric Information Solutions when Alliances Provide Acquisition Options and Due Diligence ". Journal of Economics: 82(3): 281-312 Arend, R.J. (2003) "A Dyad-Based Analysis of New Venture Success: Comparing Recent Internet to Non- Internet Related IPOs." Journal of Private Equity: 7(1): 59-71 Chapters: Arend, R.J. (2008) "Conditions for Asymmetric Information Solutions when Alliances Provide Acquisition Options and Due Diligence", in Mergers and Acquisitions, Volume 2: The Merger and Acquisition Process: 161-183; edited by J.A. Krug: Sage, Los Angeles, CA. Monographs: Arend, R.J. (1995) "Strategic Management: A Primer", in Foundations of Strategic Management, a reprint series for CGAs in management, edited by Richard J. Arend, series editor Peter A. Lusztig. CGA Canada. 1995.

Articles published in non-refereed journals Arend, R.J. (2005) Surveying the AoM: Is Who We Are Who We Wish to Be? Academy of Management Newsletter: June, 2005. Research in Progress: (partial list) @Strategic Entrepreneurship Journal, several under first review (including on opportunity types) @Long Range Planning, revise & resubmit (with Prof Levesque) @Administrative Science Quarterly, first review (on TMT effects at IPOs) Presentations at Major Conferences (1999 on): Assessing the Flaws in the Conceptualization of Effectuation, October, 2013, for Strategic Management Society Annual Meetings, Atlanta, GA. Pay Dispersion and IPO-firm Performance: Motivating the Individuals Exploiting the Risky Opportunities, October, 2013, for Strategic Management Society Annual Meetings, Atlanta, GA. Explaining Post-IPO Venture Performance through a Knowledge-Based View Typology, August, 2013, for Academy of Management Annual Meetings, Orlando, FL.** judged as a Best Paper for the Proceedings ** Looking Upstream and Downstream in Entrepreneurial Cognition: A Replication and Extension Study, August, 2013, for Academy of Management Annual Meetings, Orlando, FL. Pioneering Choices: The Good, the Bad, the Policy Opportunity, the Good, August, 2013, for Academy of Management Annual Meetings, Orlando, FL. Social and Environmental Performance at SMEs: Considering Motivations, Capabilities and Instrumentalism, August, 2012, for Academy of Management Annual Meetings, Boston, MA. On the Existence, Effects and Contingencies of Ethics-Focused Dynamic Capabilities..., August, 2010, for Academy of Management Annual Meetings, Montreal, QC. Dynamic Capabilities that Change the Rules of the Game., with M. Levesque, August, 2010, for Academy of Management Annual Meetings, Montreal, QC. Complexity-Induced Temporary Advantage:Exploring Multi-Dynamic Capability Holder Rivalries. August, 2009, for the Academy of Management Annual Meetings, Chicago, IL. Determining Dynamic Capabilities: Comparing Dynamic and Stable Contexts, August, 2008, for the Academy of Management Annual Meetings, Anaheim, CA. What is Not Core Entrepreneurship Theory, August, 2008, for the Academy of Management Annual Meetings, Anaheim, CA. Acquiring Competitively Disadvantaged Targets: The Effect of Strategic Liabilities, August, 2007, for the Academy of Management Annual Meetings, Philadelphia, PA.

Reputation for Cooperation: Contingent Benefits in Alliance Activity, August, 2007, for the Academy of Management Annual Meetings, Philadelphia, PA. Game Theory in Entrepreneurship Research, August, 2006, for the Academy of Management Annual Meetings, Atlanta, GA. Patterns of Sustained Performance, August, 2006, for the Academy of Management Annual Meetings, Atlanta, GA. Testing the Resource-Based View: Simulation Results for Violating VRIO, August, 2006, for the Academy of Management Annual Meetings, Atlanta, GA. RBV Strategic Factors and the Need to Consider Opposing Factors in Turnaround Outcomes, August, 2006, for the Academy of Management Annual Meetings, Atlanta, GA. Estimating the Cost of Strategic Liabilities: A Multi-Variable Approach Using Doomed Firms, August, 2005, for the Academy of Management Annual Meetings, Honolulu, HI. The Creative, Absorptive and Destructive Capacity of Operations and Management Strategy, August, 2004, for the Academy of Management Annual Meetings, New Orleans, LA. Small Business and Supply Chain Management: Is There a Fit?, August, 2003, for the Academy of Management Annual Meetings, Seattle, WA. Alliance Announcement Events and Stock Price Volatility In the Computing Industry, August, 2003, for the Academy of Management Annual Meetings, Seattle, WA. The Definition of Strategic Liabilities and Their Impact on Firm Performance, August, 2002, for the Academy of Management Annual Meetings, Denver, CO. A Dyad-Based Analysis of New Venture Success: Comparing Recent Internet to Non-Internet Related IPOs, October, 2002, for the Babson-Kauffman Entrepreneurial Research Conference Annual Meetings, Boulder, CO. Business Opportunities and Theories of the Firm: When Conditions Favor the Entrepreneur, October, 2000, for the Strategic Management Society Annual Meetings, Vancouver, BC, Canada. Measuring the Market Assessment of Positive and Normative Based Risk Effects in Strategic Alliances, October, 1999, for the Strategic Management Society Annual Meetings, Berlin, Germany. Multiple Information Asymmetries in Venture Capital, 1999, for the Lally-Darden Retreat on Entrepreneurship.

Funded Research Grants: Entrepreneurial Decision-Making in Pioneering, funded by a Kemper Grant, UMKC. P.I. R.J. Arend, awarded $12,500, effective 6/13 Entrepreneurial Cognition, funded by a Kemper Grant, UMKC. P.I. R.J. Arend, awarded $12,500, effective 6/12 SME CSR- and Green-based Competitive Advantage, funded by a Kemper Grant, UMKC. P.I. R.J. Arend, awarded $12,500, effective 6/11 SME Use of Dynamic Capabilities and Ethics, funded by a College of Business Research Award, UNLV. P.I. R.J. Arend, awarded $8000, effective 7/09 Do Entrepreneurships Display Dynamic Capabilities?, funded by an Entrepreneurship Center Research Grant, College of Business, UNLV. P.I. Richard Arend, awarded $5000, effective 7/08 A Theory of Rule-Breaking & An Experiment of Dynamic Capability Deployments, funded by a Shustek Research Award, College of Business, UNLV. P.I. R.J. Arend, awarded $8000, effective 7/08 Option Theory Applied to Dynamic Capabilities & Rule-Breaking Applied to Entrepreneurship, funded by a Shustek Research Award, College of Business, UNLV. P.I. Richard Arend, awarded $8000, effective 7/07 Dynamic Capabilities vs Non-dynamic & Dynamic Capabilities in Dynamic Contexts, funded by a Shustek Research Award, College of Business, UNLV. P.I. R.J. Arend, awarded $8000, effective 7/06 Strategic Liabilities Viewed by Turnaround Managers, Investors, and Creators, funded by a Shustek Research Award, College of Business, UNLV. P.I. R.J. Arend, awarded $8000, effective 7/05 How to Evaluate Strategic Liabilities, funded by a Shustek Research Award, College of Business, UNLV. P.I. Richard Arend, awarded $8000, effective 7/04 Proposed Research Grants: NSF 0811274: Identifying and Analyzing the Neurobiological Basis of Self-Interested Rule- Breaking, P.I. Richard Arend, Co-P.I.s Stoney Alder, Michael Gach. [rejected 06/08] Academic Awards: 2011 SO!What Awards for Scholarly Contribution: BEST ESSAY from 2006 The article and essay selected to receive the award have been cited in the ISI Web of Knowledge and Google Scholar frequently, downloaded from so.sagepub.com repeatedly, and demonstrated a clear impact on subsequent research qualitatively. The article Assessing the dynamic capabilities view: spare change, everyone? published in Strategic Organization, was the most downloaded article in 2010 in this journal (of all articles published in 2009 and 2010).

Research Interests: Unusual ways of value creation and destruction in the economy: strategic management (DCV, RBV, alliances, rents), entrepreneurship (new venture creation and growth, innovation), social effects (CSR, environment, ethics). Critical analysis of foundational theories. Defining a unique research area for the field of entrepreneurial studies. Teaching Interests: Strategic management (competitive and cooperative business strategies; corporate strategy), and entrepreneurship (new venture creation and growth, innovation). Editorial Boards: Editorial Board Member Academy of Management Review (Tier 1 Journal).. since 2006 Editorial Board Member Journal of Management Inquiry.. since 2006 Teaching Experience: UNIVERSITY OF MISSOURI, KANSAS CITY BLOCH OF BUSINESS, IEI Professor, Henry W Bloch Research Fellow Doctoral courses taught: Seminar in Strategy and Theories of the Firm (4.7/5.0) Seminar in Entrepreneurship Theory (4.9/5.0) Graduate courses taught: MBA e-commerce Venturing (4.5/5.0; met learning objectives 5.0/5.0) MBA Introduction to Entrepreneurship (4.0/5.0) Undergraduate courses taught: e-commerce Venturing (4.5/5.0; met learning objectives 5.0/5.0) Entrepreneurship Capstone (4.5/5.0; met learning objectives 5.0/5.0) 2010-now UNIVERSITY OF NEVADA, LAS VEGAS COLLEGE OF BUSINESS, MANAGEMENT DEPARTMENT 2001-2010 Associate Professor Graduate courses taught: MBA Strategy Formulation EMBA New Venture Management Undergraduate courses taught: Seminar in Management Current Issues in Business

NEW YORK UNIVERSITY STERN SCHOOL OF BUSINESS, MANAGEMENT AND ORGANIZATIONAL BEHAVIOR DEPT 1997-2001 Assistant Professor Graduate courses taught: MBA Competitive Analysis MBA Managing Growing Companies MBA Business Strategy & Policy UNIVERSITY of BRITISH COLUMBIA COLLEGE OF BUSINESS, POLICY ANALYSIS & STRATEGY DEPARTMENT 1995-1997 Post-Doctoral Student Graduate courses taught: MBA New Venture Creation Undergraduate courses taught: International Business Strategy Entrepreneurship Experience: Vice-President, gemmological business. Vice-President, resort hotel business. President, engineering consulting proprietorship (aerospace). Professional Employment History: SCHLUMBERGER INDUSTRIES LTD. 1990-1991 Systems Manager - Marketing Planned and carried out marketing strategies for most of the technologically complex lines in recording, and systems control for the electrical utility industry in Canada. IBM CANADA LTD. 1989-1990 Systems Engineering Representative Developed, designed, marketed, and set-up a fully functional Computer Integrated Manufacturing (CIM) demonstration for senior management clients. DeHAVILLAND / BOEING CANADA LTD. 1986-1988 Aerospace Engineer Sales support and technical support through information analysis of performance for commercial and military aircraft.