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作者:Loh, Johannes; Kretschmer, Tobias
作者单位:BI Norwegian Business School; University of Munich; Centre for Economic Policy Research - UK
摘要:Research Summary Many platforms rely on volunteer contributions for value creation. Thus, unpaid contributors are valuable to the platform, but control over their activities is limited. We study whether and how volunteer communities can provide a competitive advantage and ask how contributor behavior depends on a platform's competitive position. We propose two channels: First, a stronger competitive position facilitates contributor coordination, leading to a larger active community. Second, a ...
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作者:Keum, Dongil Daniel
作者单位:Columbia University
摘要:Research Summary We examine how managers' political power reallocates resources in the internal capital market. By shifting the focus from financial to firm-specific, non-financial resources that are difficult to evaluate and zero-sum in nature, we revise the prevailing view that managers' political power plays a significant yet contingent role under financial constraint and weak governance. We instead characterize managerial political power as an intrinsic, inescapable determinant of internal...
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作者:Gaonkar, Shweta; Moeen, Mahka
作者单位:Johns Hopkins University; University of North Carolina; University of North Carolina Chapel Hill
摘要:Research Summary Employee spinouts, defined as startups founded by prior employees of an industry firm, play a critical role in firm creation and knowledge transfer. Their superior performance often arises from resources and knowledge accrued during employment in parent firms. An understudied question is whether prior employment in parent firms affects an employee spinout's alliance formation, given that alliances are critical to startups' survival and commercial success. This article examines...
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作者:Colicev, Anatoli; Hakkarainen, Tuuli; Pedersen, Torben
作者单位:University of Liverpool; Bocconi University; Bocconi University; Copenhagen Business School
摘要:Research Summary While multi-project work (MPW) is becoming an increasingly popular work arrangement, its relationship with project performance is understudied. On the one hand, MPW is deployed to increase employee worktime utilization and productivity, which should be reflected in more timely project completion. On the other hand, MPW also brings switching costs due to attention residue and cognitive setup. Based on this trade-off, we derive an inverted U-shaped relationship between MPW and p...
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作者:Toh, Puay Khoon; Agarwal, Shiva
作者单位:University of Texas System; University of Texas Austin
摘要:Research Summary Within platform-based ecosystems, what drives platform owners' investment decision to enable third-party complements onto their platforms? Departing from the conventional focus on the complementarity value that these complements add to platform owners, we examine how uncertainty in the complementary product market drives this decision. We offer a novel perspective on third-party complements-they contain option value allowing the platform owner to defer its own entry into the m...
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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:Miric, Milan; Jia, Nan; Huang, Kenneth G.
作者单位:University of Southern California; University of Southern California; National University of Singapore; National University of Singapore
摘要:Research Summary: Researchers increasingly use unstructured text data to construct quantitative variables for analysis. This goal has traditionally been achieved using keyword-based approaches, which require researchers to specify a dictionary of keywords mapped to the theoretical concepts of interest. However, recent machine learning (ML) tools for text classification and natural language processing can be used to construct quantitative variables and to classify unstructured text documents. I...
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作者:Heaton, Sohvi; Teece, David; Agronin, Eugene
作者单位:Santa Clara University; University of California System; University of California Berkeley
摘要:Research Summary We postulate that resource allocation decisions consistent with dynamic capabilities can improve financial performance, but that governance moderates the relationship between resource allocation flexibility and financial performance. Using more than a decade of data on US public universities, we find that flexibility has much more impact when matched by lower levels of governance that allow greater expenditure autonomy for university executives and administrators. Managerial S...
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作者:Kotha, Reddi; Vissa, Balagopal Bala; Lin, Yimin; Corboz, Anne-Valerie
作者单位:Singapore Management University; INSEAD Business School; Hautes Etudes Commerciales (HEC) Paris
摘要:Research Summary Does growth training help entrepreneurs scale-up new ventures? Our field experiment answers this question using data from 181 Singapore-based, early-growth entrepreneurs drawn from a broad range of industry sectors. Treatment content focused on three growth-catalyst tools relevant for formulating and executing innovation-led growth: business-model design, leveraging external networks, and building internal teams. Treatment format comprised interactive lecture sessions and work...