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作者:Lieberman, Marvin B.; Balasubramanian, Natarajan; Garcia-Castro, Roberto
作者单位:University of California System; University of California Los Angeles; Syracuse University; University of Navarra; IESE Business School
摘要:Research Summary: Value creation is central to strategy. Even so, confusion arises because it can be defined in different ways, e.g., as the sum of producer and consumer surplus in a given time period, or as the change in surplus over time. To formalize the latter notion, we introduce the concept of economic gain, defined as the increase in total surplus. Economic gain can arise through innovation or when a superior firm displaces competitors. We provide a firm-level measurement framework to q...
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作者:Bundy, Jonathan; Vogel, Ryan M.; Zachary, Miles A.
作者单位:Arizona State University; Arizona State University-Tempe; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Auburn University System; Auburn University
摘要:Research Summary: We advance the concept of organization-stakeholder fit (O-S fit) to explain cooperative behavior between an organization and its stakeholders. O-S fit describes the compatibility that exists between an organization and a stakeholder when their characteristics are well matched. We highlight two dimensions of O-S fit: value congruence, or the supplementary fit of organizational and stakeholder values, and strategic complementarity, or the complementary fit of strategic needs an...
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作者:Chen, John S.; Garg, Pranav
作者单位:State University System of Florida; University of Florida; Indian Institute of Management (IIM System); Indian Institute of Management Bangalore
摘要:Research Summary: While research has focused primarily on stars as individual contributors, we examine organizational situations where stars must work closely with non-stars. We argue that, in such situations, building teamwork around a star is an exercise in learning under complexity. In response, organizations prioritize interactions involving the star to simplify learning. This simplification, however, creates organizational myopia. We claim that a star's temporary absence helps the organiz...
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作者:Kannan-Narasimhan, Rangapriya (Priya); Lawrence, Barbara S.
作者单位:University of San Diego; University of California System; University of California Los Angeles
摘要:Research Summary: This multicompany qualitative field study combines strategy process and strategy-as-practice perspectives to show how innovators successfully gain adoption for their autonomous innovations by reframing the meaning and potential of the associated internal resources to create fit with their organization's strategy. Mapping the five steps involved in the resource reframing process onto the different parts of the Bower-Burgelman process model of strategic change shows that innova...
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作者:Hoffmann, Werner; Lavie, Dovev; Reuer, Jeffrey J.; Shipilov, Andrew
作者单位:Vienna University of Economics & Business; Bocconi University; University of Colorado System; University of Colorado Boulder; INSEAD Business School
摘要:Research streams on competition and cooperation are central to the field of strategic management but have evolved independently. The emerging literature on coopetition has brought attention to the phenomenon of simultaneous competition and cooperation, yet the interplay between the two has remained under-researched. We offer a roadmap for studying this interplay, which identifies some of its antecedents and consequences, highlights debates concerning the nature of competition and cooperation a...
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作者:Devarakonda, Shivaram V.; Reuer, Jeffrey J.
作者单位:Tilburg University; University of Colorado System; University of Colorado Boulder
摘要:Research Summary: This research contributes to alliance governance research by demonstrating how partners' administrative controls in nonequity collaborations regulate knowledge transfers across partners. These administrative controls can take the form of board-like joint committees having explicitly delineated authority over certain alliance activities. We illuminate governing committees as an important, albeit neglected, instrument for administrative control in the governance of non-equity a...
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作者:Alexy, Oliver; West, Joel; Klapper, Helge; Reitzig, Markus
作者单位:Technical University of Munich; Claremont Colleges; Keck Graduate Institute of Applied Life Sciences; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; University of Vienna
摘要:Research Summary: Strategic openness-firms voluntary forfeiting of control over resources-seemingly challenges the premise of the resource-based view (RBV), which posits that firms should control valuable, rare, and inimitable (VRI) resources. We reconcile this apparent paradox by formalizing whether and when firms-consisting of resource bundles and deriving competitive advantage from exploiting selected VRI resources-may maximize profitability by opening parts of their resource base. As such,...
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作者:Mathias, Blake D.; Huyghe, Annelore; Frid, Casey J.; Galloway, Tera L.
作者单位:Indiana University System; IU Kelley School of Business; Indiana University Bloomington; City St Georges, University of London; Pace University; Illinois State University
摘要:To further our understanding of how and why organizations engage in coopetition, we explore cooperative and competitive actions in the craft beer industry. Through an inductive field study, including interviews with craft brewery owners, we propose collective identity and collective norms play a critical role in the persistence of coopetition over time. Our process model suggests that (a) an oppositional collective identity, (b) the shared belief that a rising tide lifts all boats, and (c) the...
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作者:Lee, Kyeong Hun
作者单位:Norwegian School of Economics (NHH)
摘要:Research Summary: This article exploits a natural experiment to estimate the causal effect of political uncertainty on bargaining outcomes in cross-border acquisitions. We argue that political uncertainty alters the relative bargaining power between acquiring versus target firms. The host country's political uncertainty makes the returns on cross-border acquisitions more unpredictable. Accordingly, foreign acquirers demand compensation for such uncertainty in negotiations, otherwise they will ...
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作者:Moreira, Solon; Markus, Arjan; Laursen, Keld
作者单位:University of Navarra; IESE Business School; Tilburg University; Copenhagen Business School; Norwegian University of Science & Technology (NTNU)
摘要:Research Summary: We combine the absorptive capacity and social network theory approaches to predict how intrafirm whole network characteristics affect the firm's speed of absorption of external knowledge to produce inventions. We start from the widely accepted view that distant, externally-developed knowledge is difficult to absorb into the focal firm's own knowledge production. We suggest that high levels of intrafirm inventor task network diversity and task network density are essential for...