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作者：Choudhury, Prithwiraj; Haas, Martine R.
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作者：Rawley, Evan; Godart, Frederic C.; Shipilov, Andrew
作者单位：University of Minnesota System; University of Minnesota Twin Cities; INSEAD Business School
摘要：Research Summary: We develop a framework for understanding how and when membership in a conglomerate affects a subsidiary's creativity. Focusing on sectoral conglomerates with several subsidiaries in the same industry, we explain that the effect has two components: an imprinting effect at the time of affiliation, and a concurrent effect from ongoing interactions with other subsidiaries. In the context of the high-end fashion industry, we find that a subsidiary's creativity increases when it jo...
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作者：Guo, W.
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作者：Jia, Nan; Shi, Jing; Wang, Yongxiang
作者单位：University of Southern California; Shandong University of Finance & Economics; Macquarie University; University of Southern California
摘要：Research SummaryProtecting minority shareholders is a central issue in corporate governance. A common tool of empowering minority shareholders is to curb controlling shareholders' power of expropriating firm value, but this approach was rarely successful because of the resistance from powerful controlling shareholders. We examine an alternative way of empowering minority shareholders without directly fighting with controlling shareholders. A major corporate governance reform in China gave mino...
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作者：Fang, Christina; Kim, Ji-hyun (Jason)
作者单位：New York University; Yonsei University
摘要：Research Summary: We ask two questions: First, what are the underlying mechanisms that explain the power of modularity? Second, is the power of modularity robust in nonmodular problems? We replicate and then reconcile the key results in two prior models on modularity: E&L and S-search. Our results yield several important insights. First, a significant portion of the advantage enjoyed by S-search is attributed to multi-bit mutation. Second, organization-evaluation needs to be used in combinatio...
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作者：Hawk, Ashton; Pacheco-de-Almeida, Goncalo
作者单位：University of Colorado System; University of Colorado Boulder; Hautes Etudes Commerciales (HEC) Paris
摘要：Research Summary: To investigate time compression diseconomies (TCD), this study estimated time-cost elasticities using 459 oil and gas global investment projects (1997-2010). Results show that the average cost of accelerating investments is negative: a firm could cut $6.3 million in costs of a single project by accumulating asset stocks 1month faster. About 88% of the projects exhibit negative time-cost elasticities with over 39% of unrealized economies of time compression. Only 12% of the pr...
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作者：Khanna, Rajat; Guler, Isin; Nerkar, Atul
作者单位：Tulane University; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
摘要：Research Summary: This study explores the role of knowledge interdependencies on the termination of patented inventions. Termination refers to the abandonment of inventive efforts that are no longer deemed promising. We argue that high interdependencies between an inventive effort and the other inventions in the same research program will increase the cognitive burden on managers and decrease the likelihood of termination. Further, in the presence of interdependencies, managers are likely to r...
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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...
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作者：Schepker, Donald J.; Barker, Vincent L., III
作者单位：University of South Carolina System; University of South Carolina Columbia; University of Kansas
摘要：Research Summary: Despite the prevalence of CEO dismissal, theory only briefly explores its consequences. Past research indicates few fired CEOs regain employment. We suggest dismissal stigmatizes executives; however, stigmatization is greatest when character questioning causal accounts exist, which affect the likelihood of regaining a CEO position. Furthermore, we argue that reputational and social capital provide signals of executive quality that moderate the level of stigmatization experien...
