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作者：Oetzel, Jennifer; Oh, Chang Hoon
作者单位：American University; University of Kansas
摘要：Research Summary Research emphasizes the value of disaster preparation and the importance of experience in doing so, yet most companies fail to prepare. The antecedents of preparation are poorly understood, in part, because experience by itself only partly explains the story. To address these concerns, we developed two unique surveys: one from an international survey in 18 disaster-prone countries and another from a U.S. survey in New York City and Miami. We find that organizational experience...
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作者：Morandi Stagni, Raffaele; Fosfuri, Andrea; Santalo, Juan
作者单位：Universidad Carlos III de Madrid; Bocconi University; IE University
摘要：Research Summary Do firms respond to tougher competition by searching for completely new technological solutions (exploration), or do they work to defend their position by improving current technologies (exploitation)? Considering the different times to fruition for exploration versus exploitation, in the presence of heightened competition, we argue that firms might not be able to wait for the benefits of technological exploration to materialize. With a panel data set of U.S. manufacturing fir...
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作者：Wormald, Audra; Agarwal, Rajshree; Braguinsky, Serguey; Shah, Sonali K.
作者单位：University System of Maryland; University of Maryland College Park; University of Illinois System; University of Illinois Urbana-Champaign
摘要：Research Summary: We investigate the emergence of a global industry based on digital innovation by studying how the international expansion of pioneering firms relates to their characteristics and strategies for capability development and deployment. Using detailed archival data on mobile money, we classify pioneers that internationalize based on whether they were multinational diversifying entrants, developed country startups, or developing country startups. Our quantitative evidence suggests...
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作者：Amore, Mario Daniele; Bennedsen, Morten; Le Breton-Miller, Isabelle; Miller, Danny
作者单位：Bocconi University; INSEAD Business School; Universite de Montreal; HEC Montreal
摘要：Research Summary We study successions from a non-family CEO back to a family CEO, which we label Type-R successions. In our sample of 489 Italian family firms experiencing the departure of non-family CEOs, these successions represent 42% of all cases. Our difference-in-differences results indicate that family firms undertaking Type-R successions experience an 18% superiority in profitability. Exploring the heterogeneity underlying this result, we find that Type-R successions produce weaker res...
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作者：Mount, Matthew P.; Baer, Markus; Lupoli, Matthew J.
作者单位：Deakin University; Washington University (WUSTL); Monash University
摘要：Research summary Deliberate cognition is an important mechanism for overcoming inertia. Yet, the precise nature of cognition that propels decision-makers to endorse novelty is not well understood. We propose that expertise distance is a fundamental force shaping decision-makers' willingness to invest in novelty. We further suggest that the level of mental construal through which information is processed moderates the effect of expertise distance on investment propensity, principally by changin...
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作者：Belderbos, Rene; Park, Jinhyuck (Joseph); Carree, Martin
作者单位：KU Leuven; Maastricht University; Maastricht University; NEOMA Business School
摘要：Research Summary The growth of emerging economies has attracted R&D investments by multinational enterprises, but firms have struggled to protect their knowledge assets in these environments with weak intellectual property rights protection. Knowledge misappropriation may be reduced if firms use cross-unit R&D teams to strengthen intra-firm interdependencies and control. We examine the relationship between such internal linkage strategies, foreign R&D investments, and firm market valuation in ...
