“…A number of scholars find that vicarious learning from others' experiences is an important way to acquire vital, necessary knowledge (Ingram & Baum, 1997;Kim & Miner, 2007;Miner & Haunschild, 1995). Firms are increasingly using vicarious learning to replicate the best practices, strategies, and designs of successful organizations (Alashwal et al, 2019;Burns & Wholey, 1993;Collins & Porras, 1994;Connell & Cohn, 1995;Glavas et al, 2019;Haunschild & Miner, 1997;Peters & Waterman, 1982;Posen et al, 2013). Recent research has focused on vicarious learning from successful organizations to take advantage of their best practices (Kim, 2000;McGrath, 1999;Sitkin, 1992) and vicarious learning from the failure experiences of other firms to serve as wake-up calls and to avoid similar mistakes (Ingram & Baum, 1997;Miner, Kim, Holzinger, & Haunschild, 1999).…”