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作者:Contigiani, Andrea
作者单位:University System of Ohio; Ohio State University; University System of Ohio; Ohio State University
摘要:Research SummaryThis study examines the tension between learning and appropriability that arises as early-stage ventures experiment in the market. When formal intellectual property protection is weak, the learning benefits of experimentation may be offset by the imitation risks. I test this argument on a hand-collected dataset of 1,203 US-based software ventures, using the software release life cycle terminology to measure experimentation and the 2014 US Supreme Court decision Alice Corp v CLS...
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作者:Hallen, Benjamin L.; Cohen, Susan L.; Park, Sung Ho
作者单位:University of Washington; University of Washington Seattle; University System of Georgia; University of Georgia
摘要:Research Summary: Recent research finds participating in seed accelerators can improve startups' access to growth and funding, but effects are highly heterogeneous. Less understood is whether accelerator participation can also help startups obtain higher-status early partners. On one hand, participation may improve startups' quality and signal quality to desirable partners. Yet research suggests reasons any signaling effects might be quite small or even negative, since accelerators might be pe...
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作者:Lim, Najoung; Kim, Seojin; Agarwal, Rajshree
作者单位:University of Melbourne; University System of Maryland; University of Maryland College Park; University of Melbourne
摘要:Research Summary: We examine how and why pre-existing vertical scope may cause differences in product market exit rates after sudden and exogenous decreases in demand. Our empirical context is the U.S. medical diagnostic imaging industry (2004-2009), wherein a major Medicare reform created a derived demand shock to equipment manufacturers. Using a difference-in-difference-in-difference design, we find integrated firms were more likely to exit than nonintegrated firms. Building on the literatur...
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作者:Busenbark, John R.; Bundy, Jonathan; Chin, M. K.
作者单位:University of Notre Dame; Arizona State University; Arizona State University-Tempe; Indiana University System; Indiana University Bloomington; IU Kelley School of Business; University of Notre Dame
摘要:Research Summary: Political ideologies play a critical role in how individuals view the world and their social interactions. Management scholars have theorized about how executives' politics may influence their firms' activities, but organizational research has not yet fully embraced the political science logic that bidirectional ideological alignment is perhaps the most influential factor in crafting social circles. We incorporate this perspective by theorizing about how political ideology (i...
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作者:Hou, Yun; Png, I. P. L.; Xiong, Xi
作者单位:Hong Kong University of Science & Technology; Hong Kong University of Science & Technology; National University of Singapore
摘要:Research Summary Theoretically, stronger legal protection affects strategic portfolios in two ways. As each patent becomes more effective, the gain from multiple patents would be less, reducing the demand for patents (negative inframarginal effect). With the effective price of patent protection being lower, the demand for protection and patents would increase (positive marginal effect). The net effect is more likely to be negative in complex technology industries, and magnified by patent owner...
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作者:Mohliver, Aharon; Crilly, Donal; Kaul, Aseem
作者单位:University of London; London Business School; University of Minnesota System; University of Minnesota Twin Cities
摘要:Research Summary Whilst existing research generally assumes corporate social responsibility (CSR) is seen as universally positive, firms increasingly adopt practices, and take stands, on highly polarizing social issues (e.g., gun-control, LGBTQ rights, abortion). To better understand this phenomenon, we develop a theory about when firms will emulate, ignore, or oppose each other's CSR efforts, based on attributes of the underlying social issue (its salience and polarization), the level of mark...
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作者:Luger, Johannes
作者单位:Copenhagen Business School; Copenhagen Business School
摘要:Research Summary: This paper investigates how firms select reference organizations, that is, other firms to which they compare themselves. We question the exogenous nature of references (i.e., them being defined via industry-categorizations) but suggest that, via motivations or purposes, firms endogenously select them. We evaluate our findings when analyzing proprietary data on hotels' self-selection of comparison-hotels. In support of our arguments, we find that in situations of increased unc...
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作者:Mawdsley, John Kenneth; Paolella, Lionel; Durand, Rodolphe
作者单位:Hautes Etudes Commerciales (HEC) Paris; University of Cambridge
摘要:Research Summary We offer a rivalry-based perspective of gender diversity as a form of competitive action. We theorize that a firm adjusts its senior-level female representation when they identify business opportunities that may be seized by demonstrating alignment to gender parity expectations. Examining U.S. corporate law firms and potential buyers of their services, we theorize and find that when the buyers of rivals of the focal firm increase their gender diversity, the focal firm responds...
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作者:Wang, Ming zhu
作者单位:Washington University (WUSTL)
摘要:Research Summary I present evidence of a shift in the relative contributions of industry and corporate effects to heterogeneity in business performance in the United States. In a systematic analysis of sequential timeframes between 1978 and 2019, I find a persistent rise in the explanatory power of corporate effects, which has grown to surpass that of industry effects. Consistent with these trends, I also find that an increasing share of multi-business firms is operating only high-performing o...
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作者:Stoelhorst, J. W.
作者单位:University of Amsterdam
摘要:Research Summary This article goes back to first principles to develop a stakeholder resource-based theory grounded in a team production view of the firm. First, the firm is conceptualized as a governance structure to facilitate stakeholder cooperation in team production and innovation. Second, value creation, value appropriation, rent, and profit are defined in ways that explicitly acknowledge the collective and dynamic nature of value creation. The resulting framework is used to explain how ...