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作者:Salvato, Carlo; Vassolo, Roberto
作者单位:Bocconi University; Austral University; Pontificia Universidad Catolica de Chile
摘要:Research Summary: We develop a multi-level theory of dynamic capabilities (DCs) that explains resource dynamics by giving a central role to persons and interpersonal interactions rather than to abstract, firm-level entities. Our theory integrates the contrasting approaches to DCs in individual-, interpersonal-, and organization-level scholarship. Existing organization-level approaches portray DCs as collective endeavors but do not specify how they emerge and operate within organizations, while...
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作者:Kaul, Aseem; Luo, Jiao
作者单位:University of Minnesota System; University of Minnesota Twin Cities
摘要:Research Summary: We develop a formal model of CSR, with both a for-profit and a non-profit organization providing social goods to needy recipients and competing for resources from consumers. We show that CSR results in financial benefit if it is either related to the firm's core business, or non-overlapping with non-profit efforts, but only leads to social benefit if both conditions apply, with these relationships being moderated by the firm's core business capabilities. Our article thus make...
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作者:MacDonald, Glenn; Ryall, Michael
作者单位:Washington University (WUSTL); University of Toronto
摘要:Research and Managerial Summary: We examine the effect of any new agent on the value captured by an incumbent: e.g., a new rival, a new source of supply, a new customer, etc. Regardless of the new agent's type, entry has two opposing effects on the incumbent's minimum profitability guaranteed by competition. First, is the creation of more economic value. This tends to blunt competition and lowers minimum guaranteed profit. Second, is the potential generation of new productive alternatives for ...
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作者:Vermeulen, Freek
作者单位:University of London; London Business School
摘要:Research Summary: This paper develops an inheritance theory explaining the diffusion and persistence of detrimental management practice. Received wisdom, in both management theory and practice, would suggest that a practice that lowers the life expectancy of adopting firms, over time, will vanish because it puts those firms at a competitive disadvantage. In this paper, I challenge this view. I develop a conceptual model that details how a practice that lowers the survival chances of adopting o...
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作者:Zollo, Maurizio; Minoja, Mario; Coda, Vittorio
作者单位:Bocconi University; University of Udine
摘要:Research summary: We develop an integrative approach to the study of strategic management in a four-step logical sequence. First, we discuss one of the rare conceptual frameworks of integrated firm strategy introduced by Coda (1984). Second, we focus on competitive, growth, and stakeholder strategies and identify four integrative mechanisms underlying the creation of joint outcomes from the combination of different strategic choices. Third, we study how these mechanisms might allow specific bi...
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作者:Joseph, John; Wilson, Alex J.
作者单位:University of California System; University of California Irvine; University of Minnesota System; University of Minnesota Twin Cities
摘要:Research summary: Although most theories of growth presume that growth varies with the focus and limits of managerial attention, the actual role played by attention has remained largely implicit. In contrast, this article explicitly considers attention structure and the processes that place sustained focus on growth issues. We explain how attention structure-specialized attention within a particular unit and integrated attention between units-affects both bottom-up (stimulus-driven) and top-do...
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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: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:Bel, Roland
作者单位:Kedge Business School
摘要:Research Summary: This article proposes a formal organizational economics approach to strategic management. Using a Property Rights Theory (PRT) framework, it rationalizes and provides a constructive contribution to two of the main strategy theories: the Resource-Based View (RBV) and Porter Generic Strategies (PGS). The article shows that the welfare maximizing PRT conditions that characterize the existence and boundaries of a firm parallel both the RBV and Porter conditions for a sustainable ...
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作者:Ethiraj, Sendil K.; Gambardella, Alfonso; Helfat, Constance E.
作者单位:University of London; London Business School; Bocconi University; Dartmouth College
摘要:Strategic Management Journal (SMJ) seeks to publish high-quality theoretical research on a regular basis. By publishing theoretical research, SMJ advances the field of strategic management through insights and analyses that make sense of business phenomena and prior research findings, and provide a foundation for new research.