Significance.Applied to SMR, “significance” means that the research confronts or
contributes to addressing a grand challenge to organizational survival or growth
(Colquitt and George, 2011). That is to say, SMR should not only focus on the present
significant issues affecting organizations’ long-term survival and growth, but should
pay a good deal of attention to future significant issues as well. Moreover, it should notjust be concerned with the effect of parts of organizations on organizations’ long-term survival and growth but also be concerned with the organizations’ long-term survival and growth as a whole. However, due to cognitive limitations (Levinthal and March,1993), it is usually difficult to identify long-term challenges to the survival and growth of organizations and, therefore, current challenges are usually more preoccupying. For future challenges, few things can be done to avoid them before they happen, though research into them is badly needed. In this situation, when new challenges arise suddenly, as there is little ex ante research and preparation, we can do nothing but helpless.