Character of the gaming models for theory of corporate strategy

Abstract

Theory of corporate strategy currently focuses on strategy formulation of dynamic innovation strategy and platform strategy. This paper proposes a methodology to examine theory of dynamic strategy with gaming, and provides an example of its usage in a business school. The gaming model of the game has qualitative input to represent a strategy and quantitative output to describe financial results. By using such models, we can integrate the abstract nature of theory of strategy and practical and concrete implication for managers.