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作者：Castellaneta, Francesco; Zollo, Maurizio
作者单位：Universidade Catolica Portuguesa; Bocconi University
摘要：Drawing on the attention-based view of the firm and the experiential learning literature, this paper develops and tests a theory on how firms learn to cope with the strains of activity load. We first empirically test the impact of activity load on the performance of a focal activity. We then study how this relationship is moderated by four dimensions of experiential learning: stock, homogeneity, pacing, and past success. We test our hypotheses on a proprietary database of 6,913 investments by ...
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作者：Vandaie, Ramin; Zaheer, Akbar
作者单位：State University of New York (SUNY) System; University at Buffalo, SUNY; University of Minnesota System; University of Minnesota Twin Cities
摘要：Interfirm alliances have long been identified as channels for learning and acquiring partners' knowledge and capability. In this study, we offer a new perspective on the influence of alliance partners on a focal firm's capability by focusing on link alliances that are motivated by the prospect of exploiting complementarities rather than acquiring partners' capabilities. Specifically, we consider the case of alliances between resource-rich and resource-poor firms and examine the capability deve...
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作者：Choi, Seong-Jin; Jia, Nan; Lu, Jiangyong
作者单位：Hanyang University; University of Southern California; Peking University
摘要：This paper investigates how the structure of political institutions influences the effectiveness of corporate political lobbying by shaping the veto points and entry points that lobbying firms encounter and require, respectively, when attempting to influence public policies; in so doing, this study deepens our understanding of the strategic implications of institutional environments. Using large-sample and cross-country firm-level data, we find that the influence of firms' lobbying activities ...
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作者：Smith, Edward Bishop; Hou, Yuan
作者单位：Northwestern University; University of Pennsylvania
摘要：Although diversity provides teams with a variety of advantages, the diversity-performance connection is not always positive. This paper identifies three performance issues that naturally result from diversity and suggests a potential solution for each of them. First, the positive effects associated with diversity often decay over time, in part because heterogeneous people may homogenize with repeated exposure. Second, diverse groups are fragile and experience higher turnover than nondiverse gr...
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作者：Aggarwal, Vikas A.; Wu, Brian
作者单位：INSEAD Business School; University of Michigan System; University of Michigan
摘要：We assemble a panel data set of firms in the U.S. defense industry between 1996 and 2006 to examine the drivers of heterogeneous incumbent firm adaptation following the industry-wide demand shock of September 11, 2001. This shock entailed not only an increase in aggregate demand but, more importantly, a shift in the relative attractiveness of individual product areas, resulting in the need for firms to reshuffle their product portfolios in response to changing demand conditions. The exogenous ...
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作者：Jensen, Michael; Kim, Heeyon
作者单位：University of Michigan System; University of Michigan; National University of Singapore
摘要：We examine the negative consequences of upward mobility following a sudden positive status shift. Building on sociological and social psychological research on status and happiness, we argue that status disruption and status deprivation provide different explanations of why sudden positive status shifts can have negative consequences for upwardly mobile social actors. We use the Oscar curse, the colorful belief that misfortune paradoxically befalls Academy Award winners, as our empirical conte...
