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作者：Bennett, Victor M.; Chatterji, Aaron K.
作者单位：Duke University; National Bureau of Economic Research
摘要：Research Summary Scholars have traditionally characterized the variation in firm performance as determined by conditions after entry, where the entry decision is a one-shot binary choice determined by cost-benefit analysis. However, recent theoretical work has posited that the entry decision is an outcome of a learning process and that the information acquired during the pre-entry period shapes subsequent performance dynamics. We provide the first systematic data on the pre-entry period using ...
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作者：Honore, Florence; Ganco, Martin
作者单位：University of Wisconsin System; University of Wisconsin Madison; University of Wisconsin System; University of Wisconsin Madison
摘要：Research summaryOne of the established findings in the spinout literature is that founders with prior industry experience assemble larger entrepreneurial teams and create better-performing startups. We examine the role of prior industry experience in the startups' next stage-its hiring of new employees. We tackle two empirical challenges-the mutual aspect of hiring and the effect of unobserved variables on employees' earnings using a two-sided matching model. Our results reveal that even firms...
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作者：Wang, Liangyan; Wu, Brian; Pechmann, Cornelia; Wang, Yitong
作者单位：Shanghai Jiao Tong University; University of Michigan System; University of Michigan; University of California System; University of California Irvine; University of Technology Sydney
摘要：Research Summary A market entrant often challenges the incumbent using creative imitation: The entrant creatively combines imitated aspects of the original with its own innovative characteristics to create a distinct offering. Using lab and field experiments to examine creative imitation in China, we find the effects of creative imitations on the originals depend on the creative imitation's quality. We explore the underlying mechanisms, and show that including a low-quality creative imitation ...
