{"id":"https://openalex.org/W2770034405","doi":"https://doi.org/10.1287/stsc.2017.0053","title":"Pulling the Plug: The Capability to Terminate Unsuccessful Projects and Firm Performance","display_name":"Pulling the Plug: The Capability to Terminate Unsuccessful Projects and Firm Performance","publication_year":2018,"publication_date":"2018-08-06","ids":{"openalex":"https://openalex.org/W2770034405","doi":"https://doi.org/10.1287/stsc.2017.0053","mag":"2770034405"},"language":"en","primary_location":{"id":"doi:10.1287/stsc.2017.0053","doi":"https://doi.org/10.1287/stsc.2017.0053","is_oa":false,"landing_page_url":"https://doi.org/10.1287/stsc.2017.0053","pdf_url":null,"source":{"id":"https://openalex.org/S4210183760","display_name":"Strategy Science","issn_l":"2333-2050","issn":["2333-2050","2333-2077"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-20","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310315699","host_organization_name":"Institute for Operations Research and the Management Sciences","host_organization_lineage":["https://openalex.org/P4310315699"],"host_organization_lineage_names":["Institute for Operations Research and the Management Sciences"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Strategy Science","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.913046","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5050558470","display_name":"I\u015f\u0131n G\u00fcler","orcid":"https://orcid.org/0000-0001-8221-7462","observed_orcids":["https://orcid.org/0000-0001-8221-7462"]},"institutions":[{"id":"https://openalex.org/I114027177","display_name":"University of North Carolina at Chapel Hill","ror":"https://ror.org/0130frc33","country_code":"US","type":"education","lineage":["https://openalex.org/I114027177"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Isin Guler","raw_affiliation_strings":["Kenan-Flagler Business School, University of North Carolina, Chapel Hill, North Carolina 27599"],"raw_orcid":"https://orcid.org/0000-0001-8221-7462","affiliations":[{"raw_affiliation_string":"Kenan-Flagler Business School, University of North Carolina, Chapel Hill, North Carolina 27599","institution_ids":["https://openalex.org/I114027177"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5050558470"],"corresponding_institution_ids":["https://openalex.org/I114027177"],"apc_list":null,"apc_paid":null,"fwci":16.1808,"has_fulltext":false,"cited_by_count":40,"citation_normalized_percentile":{"value":0.9880911,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":93,"max":99},"biblio":{"volume":"3","issue":"3","first_page":"481","last_page":"497"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11903","display_name":"Private Equity and Venture Capital","score":0.7310000061988831,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11903","display_name":"Private Equity and Venture Capital","score":0.7310000061988831,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10003","display_name":"Innovation and Knowledge Management","score":0.23549999296665192,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.01759999990463257,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/project-closure","display_name":"project closing","score":0.9110000133514404},{"id":"https://openalex.org/keywords/innovation-failure","display_name":"innovation failure","score":0.5239999890327454},{"id":"https://openalex.org/keywords/firm-performance","display_name":"firm performance","score":0.7559999823570251},{"id":"https://openalex.org/keywords/venture-capital","display_name":"venture capital","score":0.8029999732971191},{"id":"https://openalex.org/keywords/venture-capital-firms","display_name":"venture capital firms","score":0.6230000257492065},{"id":"https://openalex.org/keywords/project-management","display_name":"project management","score":0.5320000052452087},{"id":"https://openalex.org/keywords/learning-from-failure","display_name":"learning from failure","score":0.7609999775886536},{"id":"https://openalex.org/keywords/organizational-antecedents","display_name":"organizational antecedents","score":0.8009999990463257}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6408571004867554},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.5784444808959961},{"id":"https://openalex.org/C2775868214","wikidata":"https://www.wikidata.org/wiki/Q1208425","display_name":"Praise","level":2,"score":0.559614896774292},{"id":"https://openalex.org/C98045186","wikidata":"https://www.wikidata.org/wiki/Q205663","display_name":"Process (computing)","level":2,"score":0.4848383665084839},{"id":"https://openalex.org/C166052673","wikidata":"https://www.wikidata.org/wiki/Q83021","display_name":"Empirical evidence","level":2,"score":0.41237369179725647},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.3841305673122406},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.06585273146629333},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0},{"id":"https://openalex.org/C124952713","wikidata":"https://www.wikidata.org/wiki/Q8242","display_name":"Literature","level":1,"score":0.0},{"id":"https://openalex.org/C142362112","wikidata":"https://www.wikidata.org/wiki/Q735","display_name":"Art","level":0,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1287/stsc.2017.0053","doi":"https://doi.org/10.1287/stsc.2017.0053","is_oa":false,"landing_page_url":"https://doi.org/10.1287/stsc.2017.0053","pdf_url":null,"source":{"id":"https://openalex.org/S4210183760","display_name":"Strategy Science","issn_l":"2333-2050","issn":["2333-2050","2333-2077"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-20","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310315699","host_organization_name":"Institute for Operations Research and the Management Sciences","host_organization_lineage":["https://openalex.org/P4310315699"],"host_organization_lineage_names":["Institute for Operations Research and the Management Sciences"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Strategy Science","raw_type":"journal-article"},{"id":"doi:10.2139/ssrn.913046","doi":"https://doi.org/10.2139/ssrn.913046","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.913046","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"}],"best_oa_location":{"id":"doi:10.2139/ssrn.913046","doi":"https://doi.org/10.2139/ssrn.913046","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.913046","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":101,"referenced_works":["https://openalex.org/W147843294","https://openalex.org/W1491857540","https://openalex.org/W1492815943","https://openalex.org/W1507950475","https://openalex.org/W1664633085","https://openalex.org/W1677595927","https://openalex.org/W1861086968","https://openalex.org/W1966598925","https://openalex.org/W1967577550","https://openalex.org/W1969973241","https://openalex.org/W1973384336","https://openalex.org/W1981439487","https://openalex.org/W1982639054","https://openalex.org/W1982674161","https://openalex.org/W1986904066","https://openalex.org/W1992892021","https://openalex.org/W1993023795","https://openalex.org/W2001279424","https://openalex.org/W2002619110","https://openalex.org/W2008155564","https://openalex.org/W2013479806","https://openalex.org/W2014740757","https://openalex.org/W2016694862","https://openalex.org/W2022452884","https://openalex.org/W2031877412","https://openalex.org/W2034640466","https://openalex.org/W2036774988","https://openalex.org/W2044021121","https://openalex.org/W2044315762","https://openalex.org/W2045300586","https://openalex.org/W2048832996","https://openalex.org/W2055034160","https://openalex.org/W2058668193","https://openalex.org/W2061977616","https://openalex.org/W2075830349","https://openalex.org/W2077968320","https://openalex.org/W2081677596","https://openalex.org/W2082716295","https://openalex.org/W2082800434","https://openalex.org/W2083726792","https://openalex.org/W2087194317","https://openalex.org/W2087471938","https://openalex.org/W2088345253","https://openalex.org/W2089402107","https://openalex.org/W2093093999","https://openalex.org/W2096338944","https://openalex.org/W2096652935","https://openalex.org/W2097806848","https://openalex.org/W2098910318","https://openalex.org/W2100094340","https://openalex.org/W2105415520","https://openalex.org/W2107828769","https://openalex.org/W2109204622","https://openalex.org/W2110028572","https://openalex.org/W2110796927","https://openalex.org/W2113576847","https://openalex.org/W2113787654","https://openalex.org/W2113812196","https://openalex.org/W2114279083","https://openalex.org/W2116968356","https://openalex.org/W2120671337","https://openalex.org/W2126832718","https://openalex.org/W2127566439","https://openalex.org/W2130173750","https://openalex.org/W2132742780","https://openalex.org/W2133645657","https://openalex.org/W2138875620","https://openalex.org/W2139122730","https://openalex.org/W2141155750","https://openalex.org/W2143365186","https://openalex.org/W2144945977","https://openalex.org/W2148962857","https://openalex.org/W2152694793","https://openalex.org/W2154836650","https://openalex.org/W2155448232","https://openalex.org/W2157537140","https://openalex.org/W2164284962","https://openalex.org/W2164505476","https://openalex.org/W2166305722","https://openalex.org/W2170238766","https://openalex.org/W2304346104","https://openalex.org/W2305875124","https://openalex.org/W2314740787","https://openalex.org/W2324117868","https://openalex.org/W2502722841","https://openalex.org/W2579555219","https://openalex.org/W2765244378","https://openalex.org/W2766850270","https://openalex.org/W2797247465","https://openalex.org/W2899672395","https://openalex.org/W3046509492","https://openalex.org/W3122371828","https://openalex.org/W3124536214","https://openalex.org/W3124616546","https://openalex.org/W3124826221","https://openalex.org/W4229666147","https://openalex.org/W4230659750","https://openalex.org/W4234482624","https://openalex.org/W4236174439","https://openalex.org/W4253462822","https://openalex.org/W4302853952"],"related_works":["https://openalex.org/W2796069385","https://openalex.org/W4306399565","https://openalex.org/W4385222827","https://openalex.org/W4416002819","https://openalex.org/W2766511173","https://openalex.org/W2069954792","https://openalex.org/W7151261164","https://openalex.org/W2949106191","https://openalex.org/W2565989904","https://openalex.org/W4409505368"],"abstract_inverted_index":{"The":[0,20,111,142],"recent":[1],"interest":[2],"in":[3,22,48,57,69,115],"learning":[4],"from":[5],"failure":[6,13],"has":[7],"led":[8],"to":[9,40,83,86,152],"repeated":[10],"praise":[11],"of":[12,16,62,67,103,124,149],"as":[14,131,133],"part":[15,49],"the":[17,70,122,146],"innovation":[18,43],"process.":[19],"challenges":[21],"detecting":[23],"and":[24,45,88,135],"terminating":[25],"failing":[26,42,125],"projects":[27,105],"are,":[28],"however,":[29],"often":[30],"underplayed.":[31],"This":[32],"study":[33,143],"suggests":[34],"that":[35,76,91],"firms":[36,56,78,92],"exhibit":[37],"different":[38],"propensities":[39,85],"terminate":[41],"projects,":[44],"this":[46],"heterogeneity":[47],"accounts":[50],"for":[51],"long-run":[52],"performance":[53,109],"differences":[54],"between":[55],"industries":[58],"with":[59,81,93],"high":[60],"rates":[61],"innovation.":[63],"An":[64],"empirical":[65],"examination":[66],"investments":[68,126],"venture":[71],"capital":[72],"(VC)":[73],"industry":[74],"shows":[75],"VC":[77],"are":[79],"heterogeneous":[80],"respect":[82],"their":[84],"terminate,":[87],"provides":[89],"evidence":[90],"higher":[94,98],"termination":[95],"capabilities":[96],"have":[97],"performance.":[99],"In":[100],"contrast,":[101],"management":[102,123],"successful":[104],"does":[106],"not":[107,139],"explain":[108],"differences.":[110],"findings":[112],"suggest":[113],"that,":[114],"innovation-intensive":[116],"contexts":[117],"where":[118],"success":[119],"is":[120],"rare,":[121],"may":[127],"be":[128],"at":[129],"least":[130],"important":[132],"picking":[134],"managing":[136],"successes,":[137],"if":[138],"more":[140],"so.":[141],"also":[144],"investigates":[145],"organizational":[147],"antecedents":[148],"a":[150],"capability":[151],"terminate.":[153]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":7},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":4},{"year":2021,"cited_by_count":15},{"year":2020,"cited_by_count":4},{"year":2019,"cited_by_count":3}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2017-12-04T00:00:00"}