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Article
Sample Selection and Theory Development: Implications of Firms' Varying Abilities to Appropriately Select New Ventures
Academy of Management Review (2007)
  • Arturs Kalnins, Cornell University School of Hotel Administration
Abstract

I highlight the need to consider sample selection when developing theory. When a sample is the result of a selection process, the process may be (1) generating empirical relationships consistent with a theoretical explanation that plays no causal role or (2) canceling out an empirical relationship actually generated by a causal process associated with a proposed theory. I argue that firms' varying abilities to appropriately select new ventures and select in or out of samples of such investments can lead to empirical misinterpretation and inappropriate theoretical conclusions.

Keywords
  • Cornell University School of Hotel Administration,
  • hospitality management,
  • hospitality industry,
  • ventures,
  • sample selection,
  • theory development,
  • firms' varying abilities
Publication Date
October, 2007
Publisher Statement
© Academy of Management. Reprinted with permission. All rights reserved.
Citation Information
Arturs Kalnins. "Sample Selection and Theory Development: Implications of Firms' Varying Abilities to Appropriately Select New Ventures" Academy of Management Review Vol. 32 Iss. 4 (2007)
Available at: http://works.bepress.com/arturs_kalnins/10/