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作者:Keller, Tobias; Glaum, Martin; Bausch, Andreas; Bunz, Thorsten
作者单位:WHU - Otto Beisheim School of Management; Justus Liebig University Giessen
摘要:Research Summary Hambrick and Quigley's (2014) CEO in context (CiC) technique leads to a much larger CEO effect than traditional ANOVA or multilevel modeling. We replicate H&Q's study, apply their CiC technique to a much more comprehensive U.S. sample, and assess the sensitivity of the model findings to variations in method and data. We generally confirm H&Q's finding of a high CEO effect, but find a smaller industry effect and a larger firm effect in our much larger sample. Applying the CiC t...
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作者:Li, Yong; Li, Jing; Zhang, Peng; Gwon, Sunhwan
作者单位:Nevada System of Higher Education (NSHE); University of Nevada Las Vegas; Simon Fraser University; Keimyung University
摘要:Research Summary: Research suggests that multinational enterprises (MNEs) are attracted to locations with concentrated firms from the same home country to benefit from interactions with market forces, but it remains an open question whether such agglomeration facilitates MNEs' interactions with nonmarket actors such as the host government. We submit that since country-of-origin agglomeration can enable collective actions and create collective gains, colocation with compatriot firms will help M...
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作者:Lee, Joon Mahn; Park, Jung Chul; Chen, Guoli
作者单位:Korea University; State University System of Florida; University of South Florida; INSEAD Business School
摘要:Research Summary While real options theory has been applied with the optimality assumption, actual real options investments are made by managers, who are subject to cognitive biases, especially under uncertainty. In this article, we focus on one important type of cognitive bias, overconfidence, to provide new insights on real options literature. We argue that overconfident CEOs will invest less in real options than non-overconfident CEOs. We also predict that the relationship between overconfi...
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作者:Thatchenkery, Sruthi; Katila, Riitta
作者单位:Vanderbilt University; Stanford University
摘要:Research Summary: This study examines whether unblocking competition through antitrust intervention against a dominant platform can spur complementor innovation in platform ecosystems. Using a novel dataset on enterprise infrastructure software and a difference-in-differences design, we examine the relation between the U.S. antitrust intervention against Microsoft (dominant enterprise platform) and subsequent innovation and profitability of infrastructure applications firms (complementors). Th...
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作者:Tandon, Vivek; Asgari, Navid; Ranganathan, Ram
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Fordham University; University of Texas System; University of Texas Austin
摘要:Research Summary We examine whether acquisitions affect the divestment of firms' alliance-based relational assets. Using data from the biopharmaceutical industry and a matched case-control research design, we find that alliances are more likely to be terminated following acquisitions compared to alliances not subject to acquisitions. This higher termination likelihood is driven by acquisitions where the acquirer's alliance management capacity is stressed, and by alliances inherited from target...
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作者:Daymond, Jarryd; Knight, Eric; Rumyantseva, Maria; Maguire, Steven
作者单位:University of Sydney; Macquarie University
摘要:Research Summary While the notion of ecosystems has become prominent in scholarly and practitioner strategy literature in recent years, more can be done to bridge these two communities. In this introduction to the SMS Collection, we interrogate strategy scholarship from the perspective of ecosystem architects, who are private or public sector actors interested in nurturing and developing a given ecosystem as a whole. In doing so, we collate and discuss key articles published in the journals of...
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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:Miric, Milan; Ozalp, Hakan; Yilmaz, Erdem Dogukan
作者单位:University of Southern California; University of Amsterdam; Vrije Universiteit Amsterdam; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要:Research Summary In platform ecosystems, the creation of new products is often based on standardized development tools. Complementors often have a choice between either using these tools or creating the functionality themselves. In this paper, we study how the use of standardized development tools is related to the type of products created. By using data on the use of middleware (e.g., game engines) in the console video game market, we show that the use of development tools is associated with ...