Strategy encompasses the study of the management processes and decision-making that enable organizations to set and accomplish their vision and goals. As such, it touches on all the fields of study at ICRIOS, from organization to entrepreneurship to innovation. The fellows of ICRIOS have a wide variety of productive research streams that explore modes of change and adaptation as companies build valuable new capabilities to thrive in rapidly changing markets. Their work spans organizational learning, strategic decision-making, balancing exploration and exploitation, the internationalization process, and organization design for strategic management and entrepreneurship. They develop theoretical models and empirical insights from industries that range from video games and telecommunications to electricity production and pharmaceuticals.