What Are Microfoundations?

@article{Barney2013WhatAM,
  title={What Are Microfoundations?},
  author={Jay B. Barney and Teppo Felin},
  journal={ERN: Other Organizations \& Markets: Policies \& Processes (Topic)},
  year={2013}
}
  • J. Barney, Teppo Felin
  • Published 26 April 2013
  • Geology
  • ERN: Other Organizations & Markets: Policies & Processes (Topic)
In the extant organizational, management, and strategy literatures there are now frequent calls for microfoundations. However, there is little consensus on what micro- foundations are and what they are not. In this paper we first (briefly) review the history of the microfoundations discussion and then discuss what microfoundations are and are not. We highlight four misconceptions or "half-truths" about microfoundations: (1) that microfoundations are psychology, human resources, or micro… 
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