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作者:Lampraki (Nansy), Athanasia; Kolympiris, Christos; Grohsjean, Thorsten; Dahlander, Linus
作者单位:Aarhus University; University of Warwick; Bocconi University; Bocconi University; European School of Management & Technology; European School of Management & Technology
摘要:Research Summary: The paradox of rejecting novel ideas while being motivated to select them exists in many realms. Deviating from prior research that investigated several internal levers to promote the funding of novel ideas in the sciences, we focus on an external lever by investigating how seconded employees increase the selection of novel ideas in two ways: (1) they select more novel ideas themselves, and (2) they influence permanent employees to do the same. Combining unique quantitative l...
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作者:Wibbens, P. D.
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作者:Shi, Yuan; Sorenson, Olav; Waguespack, David M.
作者单位:Cornell University; University of California System; University of California Los Angeles; University System of Maryland; University of Maryland College Park
摘要:Research SummaryWe use a novel longitudinal dataset, constructed from 16 downloads of VentureXpert records collected over 20 years, to characterize the international migration of venture-capital-backed startups. We find that: (i) 1078 firms in our sample (1.4%) migrate; (ii) countries with high levels of in-migration also have high levels of out-migration; (iii) migrating firms move to places with more investors; (iv) pre-move investors and their connections most strongly predict migration pat...
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作者:Dimitriadis, Stefan
作者单位:University of Toronto; University of Toronto
摘要:Research Summary: During armed conflicts, when the rule of law collapses, bribery often becomes prevalent. Yet, the effect of bribery on firm performance under those circumstances remains unclear. Bribery could provide access to scarce resources, but it could also be the result of extortion. This study argues that bribes can improve firm performance during certain conflicts, when violence reduces public officials' ability to threaten firms. Using longitudinal data from businesses in Nigeria du...
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作者:Assenova, Valentina A.; Amit, Raphael
作者单位:University of Pennsylvania; University of Pennsylvania
摘要:Research SummaryAccelerator programs provide valuable market feedback and education to participants that may improve startup performance. However, it is unclear whether the average effect of accelerator participation on startup performance post acceleration is positive, and if so, how this effect varies with accelerator program design. We analyze data from 8580 startups that made it past the initial selection stage at 408 accelerators in 176 countries between 2013 and 2019. We compare accelera...
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作者:Tandon, Vivek; Nandkumar, Anand; Mogra, Ronak; Srikanth, Kannan
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Indian School of Business (ISB); INSEAD Business School; University System of Ohio; Ohio State University
摘要:Research Summary: Resource-based-view scholars have mainly examined two resource allocation approaches for competitive advantage in multiunit firms: resource sharing and resource redeployment. These approaches emphasize allocative efficiency-the optimal allocation of resources to maximize their current value. In technology-intensive industries, firm success also requires achieving dynamic efficiency to increase its future value-creation. We propose that the redundant allocation of resources-th...
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作者:Ganco, Martin; Liu, Jingnan; Wang, Haifeng; Yamaguchi, Shotaro
作者单位:University of Wisconsin System; University of Wisconsin Madison; Massachusetts Institute of Technology (MIT); Hong Kong Baptist University
摘要:Research SummaryExtant work in strategic management has focused on the role of noncompete agreements (NCAs)-a form of restrictive legal lever used by firms when managing human capital-and conceptualized them as being advantageous to firms. Challenging this notion, we highlight a novel downside of using NCAs and show how their use by some firms creates differentiation opportunities for rival firms. We analyze a unique survey dataset to examine the heterogeneity in the firms' actual use of NCAs ...
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作者:Adarkwah, Gilbert Kofi; Dorobantu, Sinziana; Sabel, Christopher Albert; Zilja, Flladina
作者单位:Universite de Montreal; HEC Montreal; BI Norwegian Business School; New York University; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; Copenhagen Business School
摘要:Research SummaryWe examine how geopolitical volatility-the instability of bilateral political affinity between countries-affects foreign subsidiary investments. Building on prior work that shows that the level of political affinity between countries facilitates foreign investments, we argue that the volatility of political affinity impedes firms' ability to form expectations about stakeholder behavior and reduces subsequent investments in subsidiaries. We further argue that the effect of volat...
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作者:Gamache, Daniel L.; Pfarrer, Michael D.; Curran, Kevin
作者单位:University System of Georgia; University of Georgia; University System of Georgia; University of Georgia; University of Amsterdam
摘要:Research SummaryAlthough research has explored how executive hubris shapes organizational actions, we theorize that hubris can also develop outside the executive suite. We introduce the construct organizational hubris, which we define as a durable, collective attitude marked by exaggerated pride and confidence in the organization. Organizational hubris differs from executive hubris in terms of level (individual versus collective) and target (self-focused vs. organization-focused). We argue tha...
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作者:Balasubramanian, Natarajan; Makadok, Richard; Chiu, Wan-Ting
作者单位:Syracuse University; University System of Ohio; Ohio State University; JP Morgan Chase & Company; Purdue University System; Purdue University
摘要:Research SummaryCost advantage helps a firm at the expense of its rivals, but may hurt some rivals worse than others. Conventional wisdom suggests that an advantaged firm will do more harm to closer competitors, but the opposite may occur if competitors can reposition themselves. Closer competitors have stronger incentives to reposition away from the advantaged firm, thereby potentially encroaching on rivals more distant from the advantaged firm and propagating the harm to them like the cue ba...