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作者:Rosenkopf, Lori; Padula, Giovanna
作者单位:University of Pennsylvania; Bocconi University
摘要:Theories of network evolution frequently focus on network endogeneity, which stresses predictable, path-dependent evolution rooted in previous network structure. However, theories of technological evolution and innovation remind us that networks may undergo significant change as technological discontinuities exert pressures on existing relationships and firms engage in exploratory search. How can we incorporate sources of change into our theories of network evolution instead of focusing so squ...
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作者:Matta, Elie; McGuire, Jean
作者单位:Hautes Etudes Commerciales (HEC) Paris; Louisiana State University System; Louisiana State University
摘要:Although the alignment effect of equity ownership is often studied with emphasis on changes in firm strategy, the exposure of CEOs' firm-specific wealth to firm risk is more easily controlled by changing their level of equity holdings than by changing firm strategic risk. We rely on prospect theory and the behavioral theory of the firm to examine the antecedents of CEO equity reduction and investigate whether it serves to decouple CEO wealth from firm risk. Given its central role in loss avoid...
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作者:Fauchart, Emmanuelle; von Hippel, Eric
作者单位:heSam Universite; Conservatoire National Arts & Metiers (CNAM); Massachusetts Institute of Technology (MIT)
摘要:In this paper we propose that norms-based intellectual property (IP) systems exist today and are an important complement to or substitute for law-based IP systems. Norms-based IP systems, as we define them, operate entirely on the basis of implicit social norms that are held in common by members of a given community. Within that community, they offer functionality similar to contemporary law-based IP systems with respect to both the nature of rights protected and the effectiveness of the prote...
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作者:Perretti, Fabrizio; Negro, Giacomo; Lomi, Alessandro
作者单位:Bocconi University; Durham University; Universita della Svizzera Italiana; University of Bologna
摘要:Recent research holds that new organizational forms emerge from the identity of candidate organizations that enter a domain. In this study we argue that emergence of a new form, which is ultimately based on validation by external audiences, depends on two mechanisms: identity framing, i. e., how audiences perceive and frame the identity of an emerging organizational domain, and identity matching, i. e., the match between the identity of the domain and the identity of candidates. Accordingly, f...
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作者:Hambrick, Donald C.; Werder, Axel V.; Zajac, Edward J.
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Technical University of Berlin; Northwestern University
摘要:In this essay, we seek to identify the contributions that strategy and organizational researchers have made, and continue to make, in enhancing our understanding of a wide variety of important corporate governance questions. We begin by discussing how these research contributions stem from a willingness to draw from and contribute to different streams of intellectual thought, and we provide an orienting framework to situate this work.
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作者:Kretschmer, Tobias; Puranam, Phanish
作者单位:University of Munich; University of London; London Business School
摘要:Drawing on the concepts of organizational differentiation and integration, we present a formal analysis of the manner in which these two consequences of specialization shape the effectiveness of collaborative incentives in complex organizations. We show that ignoring the coordination challenges created by differentiation does not merely impede the achievement of gains from integration through incentives, but can lower organizational performance below the levels achieved when such gains are sim...
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作者:Adler, Paul S.; Kwon, Seok-Woo; Heckscher, Charles
作者单位:University of Southern California; University of California System; University of California Riverside; Rutgers University System; Rutgers University New Brunswick
摘要:This paper traces the main lines of evolution of the organization of professional work. The argument is illustrated with material on the case of doctors and hospitals. While market and hierarchy principles have become progressively more salient in professional work, we argue that, in parallel, the community principle has been growing more influential, too. We further argue that professional community is mutating from a Gemeinschaft, craft guild form, via Gesellschaft forms, toward a new, colla...
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作者:Lazzarini, Sergio G.; Miller, Gary J.; Zenger, Todd R.
作者单位:Washington University (WUSTL); Washington University (WUSTL)
摘要:When there are constantly new, valuable opportunities to transact with alternative partners - a situation we refer to as exchange value uncertainty - long-term or committed transactions among the same individuals are discouraged. However, when opportunism creates exchange hazards, which escalate in nonrecurring transactions, individuals will be reluctant to take full advantage of the gains from switching to more valuable partners, thereby leading to overembedded exchanges. Instead of embracing...
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作者:Desai, Vinit M.
作者单位:University of Colorado System; University of Colorado Denver
摘要:Poor performance indicates that an organization's routines are not well suited for its environment and prompts decision makers to search for solutions. However, results conflict regarding how this search process influences risk taking in organizations. Managers in some organizations facing actual or expected performance shortfalls tend to take risks, while managers in other poorly performing organizations avoid risky changes. This conflict is interesting because some level of risk taking appea...
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作者:Devers, Cynthia E.; McNamara, Gerry; Wiseman, Robert M.; Arrfelt, Mathias
作者单位:University of Wisconsin System; University of Wisconsin Madison; Michigan State University; Michigan State University's Broad College of Business; Arizona State University; Arizona State University-Downtown Phoenix
摘要:W e examine the influence of CEO equity-based compensation on strategic risk taking by the firm. Building off the Behavioral Agency Model, Agency Theory, and Prospect Theory, we develop arguments about when equity-based compensation elements will increase or decrease executive risk propensity and, in turn, strategic risk taking. Incorporating a behavioral perspective into our models of incentive alignment provides us with new and potentially more accurate predictions about how individual eleme...