作者:Alvarez-Garrido, Elisa; Guler, Isin
作者单位:University of South Carolina System; University of South Carolina Columbia; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
摘要:Research Summary: While recent literature has depicted status as an intangible asset that is firm-specific and mobile, we have a limited understanding of whether status confers advantage in a way similar to other intangible assets. This study examines the macro-structural contingencies that influence the marginal value of firm status as firms expand to new markets. Building on the literatures on status and social approval assets, as well as globalization and international management, we hypoth...
作者:Vakili, Keyvan; Zhang, Laurina
作者单位:University of London; London Business School; University System of Georgia; Georgia Institute of Technology
摘要:Research Summary: We use a large-sample inductive approach to explore the impact of two social liberalization policies (legalization of same-sex civil unions and medical marijuana) and one anti-liberalization policy (passage of abortion restrictions) on innovation. First, we show that liberalization policies increase state-level patenting, while the anti-liberalization policy reduces patenting. Next, we examine three possible mechanisms that could explain the findings. The results suggest that...