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Since its publication in 1997, Ocasio’s attention-based view (ABV) has been applied by scholars to study a widening range of issues and research areas. One of the lines of inquiry pursued by scholars who employ ABV connects managerial attention to the organizational environment, and studies the consequences of the focus of attention to the external environment to the strategic choices of organizations. Several issues in this area of research, however, remain insufficiently investigated, specially the effects of external resource scarcity on the attentional patterns of firms. In order to identify the latest developments in managerial attention, environmental stimuli in a context of scarcity and strategy formulation, I performed a literature review, the results of which are presented in this paper. The findings of this investigation will, hopefully, help point to researchers in this field lines of thought, convergences and gaps that may orient and support their future studies.
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