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作者：Moeen, Mahka
作者单位：University of North Carolina; University of North Carolina Chapel Hill
摘要：This article examines the capability antecedents of firm entry into nascent industries. Because a firm's technological investments in nascent industries typically occur before market entry, this study makes a distinction between firm capabilities at the time of market entry and at the time of initial investment. At the time of market entry, core technical capabilities and complementary assets influence the likelihood of entry. However, at the time of investment, a firm's integrative capabiliti...
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作者：Wei, Jiuchang; Ouyang, Zhe; Chen, Haipeng (Allan)
作者单位：Chinese Academy of Sciences; University of Science & Technology of China, CAS; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要：We study how two dimensions of reputation (i.e., generalized favorability and being known) and attribution of crisis responsibility affect firm value at the onset of a crisis. Analyzing 126 corporate crises befalling publicly listed firms in China from 2008 to 2014, we find that generalized favorability serves as a buffer; while being known can be a burden, in influencing firm value. We also find that the buffering effect of generalized favorability is stronger when the attribution of crisis r...
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作者：Jiang, Han; Cannella, Albert A., Jr.; Xia, Jun; Semadeni, Matthew
作者单位：University of Arizona; Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Texas System; University of Texas Dallas; Arizona State University; Arizona State University-Tempe
摘要：Executives in declining firms may engage in ship-jumping behavior (i.e., voluntarily move to new employers before the failure occurs) to avoid the stigma of failure. However, it is unclear how executives decide whether or not to jump ship. Building on a network embeddedness perspective, we highlight how three network-based indicators (i.e., executive social capital, the social capital of other peers in the declining Jim, and the declining firm's alliance network) influence the executive-level ...
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作者：Yao, Fiona K.; Chang, Song
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; Hong Kong Baptist University
摘要：In this study, we build on the micro-foundations perspective and investigate how individual characteristics contribute to the development of firm absorptive capacity. In particular; we assess how individual learning goal orientation affects firm potential and realized absorptive capacity. Furthermore, we study how individuals' civic virtue acts as a micro-level social integration mechanism that moderates the effect from firm realized absorptive capacity to potential absorptive capacity. Using ...
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作者：Raffiee, Joseph
作者单位：University of Southern California
摘要：Employee mobility can erode competitive advantage by facilitating interftrm knowledge and relationship transfer This study investigates the latter and identifies factors that influence the likelihood of its occurrence. Using a novel database that tracks the employment and client attachments of U.S. federal lobbyists, I show that repeated exchange with employees (firms) increases (decreases) the likelihood clients follow employees who switch firms. Structurally, multiplexity reduces the likelih...
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作者：Shi, Wei; Zhang, Yan; Hoskisson, Robert E.
作者单位：Indiana University System; Indiana University Indianapolis; IU Kelley School of Business; Rice University
摘要：This study proposes that CEOs may undertake intensive acquisition activities to increase their social recognition and status after witnessing their competitors' winning CEO awards. Using a sample of U.S. S&P 1,500 firm CEOs, we.find that CEOs engage in more intensive acquisition activities in the period after their competitors won CEO awards (i.e., postaward period), compared to the preaward period. Moreover, this effect is stronger when focal CEOs themselves had a high likelihood of winning C...
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作者：Chatain, Olivier; Mindruta, Denisa
作者单位：Hautes Etudes Commerciales (HEC) Paris
摘要：We develop and apply a new set of empirical tools consistent with the tenets of value-based business strategies, leveraging the principle that no good deal comes undone and the methods of revealed preferences, to empirically estimate drivers of value creation. We demonstrate how to use these tools in an analysis of value creation in buyer supplier relationships in the UK corporate legal market. We show that our approach can uncover evidence of subtle mechanisms that traditional methods cannot ...
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作者：Bennett, Victor M.; Levinthal, Daniel A.
作者单位：Duke University; University of Pennsylvania
摘要：While the economic advantages of scale are well understood, implications of the rate of firm growth are arguably less appreciated. Since firms' growth rate influences employees' promotion opportunities, the growth rate can have significant implications for the incentives employees face. Rapid growth, by creating more promotion opportunities, motivates employees to engage in extra-role behaviors that might result in promotion should an opportunity arise. Building on this argument, we develop a ...
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作者：Brahm, Francisco; Tarzijan, Jorge; Singer, Marcos
作者单位：Pontificia Universidad Catolica de Chile; University of Cambridge
摘要：Based on a detailed database of a beverages producer-distributor that expanded its product variety by leveraging its logistic network, we show that product diversification generates economies of scope and also higher operational costs. The result is an inverted-U relationship between variety and productivity: When the firm offers few additional categories, productivity grows, but as the number of categories rises, the costs of executing the operational routines increase rapidly and productivit...
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作者：Menon, Anoop R.; Yao, Dennis A.
作者单位：University of Pennsylvania; Harvard University
摘要：This article proposes an approach for modeling competitive interactions that incorporates the costs to firms of changing strategy. The costs associated with strategy modifications, which we term repositioning costs, are particularly relevant to competitive interactions involving major changes to business strategies. Repositioning costs can critically affect competitive dynamics and, consequently, the implications of strategic interaction for strategic choice. While the literature broadly recog...
