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作者：Abolfathi, Niloofar
作者单位：Singapore Management University
摘要：Research Summary This paper examines how heterogeneous YouTube content creators-specifically, single-homing and multihoming channels-respond to a sudden increase in the exposure of the rival platform, Twitch. Contrary to expectations, I find that multihoming channels reduce their content creation efforts and underperform relative to single-homers. To make sense of these surprising results, I develop a formal model that characterizes the strategic behavior of different types of complementors op...
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作者：Stagni, Raffaele Morandi; Santalo, Juan
作者单位：Universidad Carlos III de Madrid; IE University
摘要：Research Summary: We show that multi-business firms pursuing technologically related diversification often face a paradox. While such strategies can yield superior financial performance through technological synergies, investors with limited attention tend to undervalue them due to their complexity. Using asset pricing methods, we find that these firms consistently outperform market expectations. The degree of mispricing depends on investor attention and the availability of information needed ...
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作者：Stroube, Bryan K.; Dushnitsky, Gary
作者单位：University of London; London Business School
摘要：Entrepreneurship is presented as a path to prosper through commerce, yet there is evidence that certain communities are underrepresented in entrepreneurship. Technological developments such as low-code e-commerce tools have altered the barriers to launch commercial ventures. Do these tools alter entrepreneurial inclusion? We study an omnipresent low-code tool, Shopify, which has dramatically reduced the financial and technical barriers to e-commerce. We undertake an abductive analysis using un...
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作者：Borchhardt, Geoffrey; Kovacs, Balazs; Rogan, Michelle
作者单位：University of Oregon; Yale University; University of Oxford
摘要：Research SummaryIn market networks, firms regularly seek partners with needed expertise, but these partners often work with the firms' competitors. How such second-order competitive overlap affects partner selection is unclear. Prior theory assumes firms view networks as pipes and emphasizes flows of competitor information via the shared partner as key in partner selection. We propose that firms also view networks as prisms and use competitive overlap as a signal of a potential partner's exper...
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作者：Arts, Sam; Cassiman, Bruno; Hou, Jianan
作者单位：KU Leuven; University of Navarra; IESE Business School; Xiamen University
摘要：Research SummaryWe study how unique firm technology influences M&A activity. Using a text-based network approach, we map each firm's position relative to every other firm in technology space to measure the uniqueness of its technology portfolio. Our findings indicate that firms with more unique technology portfolios become prime acquisition targets, particularly for close competitors within the same product market segments. These competitors seek to reduce competition and incorporate unique te...
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作者：Ostler, James
作者单位：Willamette University
摘要：Research SummaryThis article argues that strategic risk-taking in the form of unethical behavior can lead to successful entry and that this entry can drive incumbents to either adopt similar behavior or potentially be forced out of the market. Thus, entrepreneurs can introduce innovative, but socially destructive, behavior to a market and motivate its adoption by incumbents. Empirical support is found using a policy change in the liver transplant market to identify the use and adoption of unet...
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作者：Chatain, Olivier; Plaksenkova, Elena
作者单位：Hautes Etudes Commerciales (HEC) Paris; University System of Ohio; Ohio State University
摘要：Research Summary Alignment of incentives to improve value creation in ecosystems is crucial to their growth and survival. We examine how two fundamental ecosystem features affect alignment: types of complementarities and their interplay with multi-sided bargaining over value. Using a formal model, we find that multi-sided bargaining typically causes misalignment, in patterns that vary dramatically depending on the type of complementarities. For instance, we find that multiplicative complementa...
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作者：Taeuscher, Karl; Zhao, Eric Yanfei; Lounsbury, Michael
作者单位：University of Manchester; Alliance Manchester Business School; University of Oxford; University of Alberta
摘要：Research Summary When and why do producers change the categorization of their offerings? Prior categorization research assumes that producers engage in ongoing efforts to proactively optimize their categorical positioning, but this assumption may not hold for many producers due to their limited attentional capacity. Our theoretical account instead highlights the role of expectation violation cues-salient pieces of information indicating a violation of audience expectations-as triggers that can...
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作者：Hann, Rebecca N.; Subasi, Musa; Zheng, Yue
作者单位：University System of Maryland; University of Maryland College Park; Hong Kong University of Science & Technology
摘要：Research SummaryUsing a novel dataset that provides a comprehensive coverage of U.S. firms' industrial supply chain relationships, we find that firms with innovation specific to a buyer are more likely to share a common director with that buyer. This association is stronger when the buyer has a larger number of alternative suppliers. We further find that when a supplier-buyer pair shares a common director, the supplier's R&D investment is more sensitive to the investment opportunities of its b...
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作者：Kneeland, Madeline K.; Kleinbaum, Adam M.
作者单位：Babson College; Dartmouth College
摘要：Research SummarySocial networks are integral to collaborative work, but research on network change has shed little light on the mechanisms firms use to stimulate collaborative network ties among their employees. In this study, we examine the effects of corporate offsites on the evolution of social networks within an organization. We find that offsites lead to rewiring of intraorganizational networks, but with a surprising asymmetry: they stimulate everyone to initiate more collaboration ties, ...
