Person: Mastrogiorgio, Mariano
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Mariano
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Mastrogiorgio
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IE University
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IE Business School
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Strategy
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Publication More Thumbs Than Rules: Is Rationality an Exaptation?(Frontiers Media S.A., 2022) Mastrogiorgio, Antonio; Felin, Teppo; Kauffman, Stuart; Mastrogiorgio, Mariano; https://ror.org/02jjdwm75The literatures on bounded and ecological rationality are built on adaptationism—and its associated modular,cognitivist and computational paradigm—that does not address or explain the evolutionary origins of rationality. We argue that the adaptive mechanisms of evolution are not sufficient for explaining human rationality,and we posit that human rationality presents exaptive origins,where exaptations are traits evolved for other functions or no function at all,and later co-opted for new uses. We propose an embodied reconceptualization of rationality—embodied rationality—based on the reuse of the perception-action system,where many neural processes involved in the control of the sensory-motor system,salient in ancestral environments have been later co-opted to create—by tinkering—high-level reasoning processes,employed in civilized niches. Copyright © 2022 Mastrogiorgio,Felin,Kauffman and Mastrogiorgio.Publication Technological Entry, Redeployability and Firm Value(John Wiley and Sons Inc, 2022) Amore, Mario Daniele; Mastrogiorgio, Mariano; Agencia Estatal de Investigación; https://ror.org/02jjdwm75We provide a framework that enriches our understanding of resource redeployability,i.e.,the value-generating option to withdraw resources from one use and reallocate them to another use. Existing works largely assume that the new uses of a resource are known ex ante and easily identifiable by managers. However,several cases from different industries suggest that new uses often emerge while a firm’s technology base radiates into new domains. We analyse how a firm’s technology base,by radiating into new domains that potentially reveal new uses and resource redeployment options,can spur firm value. We develop five hypotheses on the relationship between technological entry into new domains and firm value,and test them using a novel patent-based measure in a panel of US firms. © 2022 The Authors. Journal of Management Studies published by Society for the Advancement of Management Studies and John Wiley & Sons Ltd.