process concep- tualizations offer an essential contribution to organ- ization and management knowledge that is not available from most variance-based generaliza- tions. This is because the latter tend to ignore time, reduce it to a lag effect, compress it into variables (e.g., describing decision making as fast or slow, or environments as dynamic or stable), or reduce its role to what Pettigrew, Woodman, and Cameron (2001: 697) called "comparative statics" (reevaluating variance-based relationships at suc- cessive times).