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作者：Martin, Xavier; Cuypers, Ilya R. P.
作者单位：Tilburg University; Singapore Management University; Tilburg University
摘要：Research SummaryWhen can a firm make fine-grained adjustments to misaligned subsidiary governance? We examine whether and under what conditions a firm will adapt the equity stake it owns in a subsidiary, enabling improved alignment of the stake with the uncertainty in the local environment. We predict that the rate of adaptation of misaligned equity stakes depends on the experiential and vicarious learning from which the firm can draw, and that these learning effects are contingent on possessi...
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作者：Orazi, Davide C.; Mannucci, Pier Vittorio
作者单位：Monash University; Bocconi University; Bocconi University
摘要：Research SummaryThis research addresses the tension of audiences often rejecting creative products despite creativity being foundational to organizational success. To better understand this issue, we take an abductive approach to disentangle the effects of creative content (how creative the core concept is) and creative packaging (how creatively the core concept is presented and visualized) while accounting for audiences' different expertise levels. Across two archival studies and a pre-regist...
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作者：Luo, Xueming; Jia, Nan; Ouyang, Erya; Fang, Zheng
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; University of Southern California; Sichuan University
摘要：Research SummaryMultimodal data, comprising interdependent unstructured text, image, and audio data that collectively characterize the same source, with video being a prominent example, offer a wealth of information for strategy researchers. We emphasize the theoretical importance of capturing the interdependencies between different modalities when evaluating multimodal data. To automate the analysis of video data, we introduce advanced deep machine learning and data fusion methods that compre...
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作者：Healey, Mark P.; Hodgkinson, Gerard P.
作者单位：University of Manchester; Alliance Manchester Business School; University of Manchester; Alliance Manchester Business School
摘要：To thrive in an unpredictable world, managers must adapt their decision-making to changing events. However, a major impediment to adaptation is strategic persistence, that is, the tendency to stick with previously successful strategies. We examined whether multiple scenario analysis can help to overcome the dysfunctional effects of strategic persistence. In a laboratory study using a multi-round strategy simulation that required players to change strategies to succeed, we found that multiple s...
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作者：Toh, Puay Khoon; Pyun, Eugene
作者单位：University of Texas System; University of Texas Austin; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要：Research SummaryCoordination challenges generate uncertainties in ecosystems. Past research suggests that standardization mitigates these challenges, reducing ecosystem-level uncertainty. But how does it affect firm-level uncertainty over value-appropriation? We examine heterogeneity in the latter effect. Using 1996-2010 data on standard-setting in Information and Communications Technology (ICT) ecosystems and a firm-level uncertainty measure based on stock option implied volatility, we demons...
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作者：Devarakonda, Shivaram V.; Goossen, Martin C.; Mulotte, Louis
作者单位：Nanyang Technological University; Old Dominion University; Tilburg University
摘要：Research SummaryThis study explores the decision to centralize control over technological resources. We posit that opportunity costs arising from the firm's administrative structure impact this choice. These opportunity costs stem from differences in identifying and evaluating opportunity sets between the unit level (decentralized) and headquarters level (centralized). We propose that a resource's versatility increases the opportunity costs associated with decentralized control, thereby raisin...
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作者：Birhanu, Addis Gedefaw; Gambardella, Alfonso
作者单位：emlyon business school; Bocconi University
摘要：Research SummaryThis article examines the relationship between family ownership and patent use strategy using primary data from a patent survey, as well as patent and firm-level data from secondary sources. The findings reveal that family firms are less likely than non-family firms to license their patents and more likely to internally commercialize them. We show that the decision of family firms to license less does not depend on lower patent quality or inefficient patent use. Instead, it ari...
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作者：Ross, David Gaddis; Shin, Dong Hyun
作者单位：State University System of Florida; University of Florida; City University of Hong Kong; State University System of Florida; University of Florida
摘要：Research Summary: Extant research offers conflicting views about the size and nature of gender-related disparities in venture financing and venture performance. We theorize that gender-related frictions in debt financing, the most common source of capital for new ventures, materially impair the performance of women-led ventures but that these frictions decline with financial development. We find strong support for these predictions in a meta-analysis of 63 primary studies in which we use finan...
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作者：Hietaniemi, Liinus; Santamaria, Simone; Kacperczyk, Aleksandra; Peltonen, Juhana
作者单位：University of Navarra; IESE Business School; National University of Singapore; University of London; London Business School; Abo Akademi University
摘要：Research Summary: The timing of talent acquisition is a central decision for new ventures. On one hand, hiring after demand is proven minimizes losses. On the other hand, hiring before demand is proven allows new ventures to start developing unique capabilities. We resolve this tension by proposing that the timing depends on human resource redeployability. We test our theory with the population of Finnish ventures showing that portfolio entrepreneurs hire more employees early on because of hig...
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作者：Seidl, David; Ma, Shenghui; Splitter, Violetta
作者单位：University of Zurich; Fudan University; University of Oxford
摘要：Research Abstract: Strategy as practice is one of the most vibrant approaches to strategy research. Yet, there is significant ambiguity around what characterizes an activity as strategic and thus as falling into the domain of strategy as practice. In this article, we address this fundamental concern by differentiating four distinctive views of what qualifies activities as strategic: (1) activities that have important consequences, (2) activities that are labeled strategic, (3) activities carri...
