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作者:Pe'er, Aviad; Vertinsky, Ilan; Keil, Thomas
作者单位:Rutgers University System; Rutgers University Newark; University of British Columbia; University of Zurich
摘要:One of the central explanations of the high failure rates of de novo entrants is the liability of smallness. As a corollary, most prior literature has suggested that firms should experience survival benefits from growth. In this paper, we argue that survival benefits need to be balanced against the potential cost of rapid growth, and they are contingent upon the structure of the environment. We predict a curvilinear relationship between an entrant's growth rate and failure, and argue that the ...
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作者:Park, U. David; Borah, Abhishek; Kotha, Suresh
作者单位:University of Washington; University of Washington Seattle
摘要:Research summary: Scholars have actively researched the initial public offering (IPO) underpricing phenomenon as it relates to the issuing firm's resource acquisition and entrepreneur's wealth retention. In this study, we attempt to replicate three studies that examine how top management and board-level characteristics impact IPO underpricing using signaling theory. Focusing on a different time period and using a new sample of 234 U.S. IPO firms, we do not find evidence for the signaling effec...
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作者:Rodriguez, Alicia; Jesus Nieto, Maria
作者单位:Universidad Carlos III de Madrid
摘要:Research summary: In this article, we address the role of R&D offshoring strategies in the sales growth of small- and medium-sized enterprises (SMEs). We propose that different governance modes of R&D offshoringinsourcing versus outsourcingmay lead to growth, but that they differ in their effects. In turn, we argue that innovation mediates the relation between international R&D sourcing strategies and sales growth. Based on a large database of SME manufacturing enterprises in Spain, we find th...
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作者:George, Gerard; Kotha, Reddi; Parikh, Priti; Alnuaimi, Tufool; Bahaj, Abubakr S.
作者单位:Singapore Management University; University of London; University College London; Imperial College London; University of Southampton
摘要:In the context of desperate poverty, characterized by households at subsistence level that experience economic loss and social fracture, explanations for why individuals undertake entry into entrepreneurship are limited. We find that individuals rely on their social relationships to enable entrepreneurial activities that have the potential to create a reasonable income gain. In a sample of 1,049 households in rural Kenya, we test whether the disintegration of social structure attenuates entrep...
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作者:Kim, Minyoung
作者单位:University of Kansas
摘要:Extending extant literature on geographic scope that has primarily focused on its role in value creation, I investigate the value appropriation aspect of geographic scope of knowledge acquisition. I maintain that isolating mechanisms created via geographic scope of knowledge acquisition can help firms prevent competitors from accessing their innovative knowledge and, by doing so, can help firms capture a larger proportion of economic returns from innovation, thus helping them enjoy better fina...
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作者:Poppo, Laura; Zhou, Kevin Zheng; Li, Julie J.
作者单位:University of Kansas; University of Hong Kong; City University of Hong Kong
摘要:Our research empirically assesses two distinct bases for trust: calculative trust, based on a structure of rewards and penalties, versus relational trust, a judgment anchored in past behavior and characterized by a shared identity. We find that calculative trust and relational trust positively influence supplier performance, with calculative trust having a stronger association than relational trust. Yet, important boundary conditions exist. If buyers invest in supplier-specific assets or when ...
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作者:Desender, Kurt A.; Aguilera, Ruth V.; Lopezpuertas-Lamy, Monica; Crespi, Rafel
作者单位:Universidad Carlos III de Madrid; Northeastern University; Universitat Ramon Llull; Escuela Superior de Administracion y Direccion de Empresas (ESADE); Universitat de les Illes Balears
摘要:We ask whether and when shareholder-oriented foreign owners are likely to change corporate governance logics in a stakeholder-oriented setting by introducing shareholder-oriented governance practices. We focus on board monitoring and claim that because the bundle of practices used in a stakeholder context does not protect shareholder-oriented foreign owners' interests, they seek to introduce their own practices. Our results suggest that board monitoring is only activated when shareholder-orien...
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作者:Lee, Chi-Hyon; Hoehn-Weiss, Manuela N.; Karim, Samina
作者单位:George Mason University; Oregon State University; Northeastern University
摘要:Research summary: This article uses spectral graph partitioning to advance strategic management research, and focuses on the study of complex systems that contain strongly connected components with component interactions that are weighted and directed. The spectral graph partitioning method complements existing methods, especially, when external architectural artifacts do not exist or are less than certain. We illustrate this methodology using a U.S. airline's production system. We highlight s...
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作者:Tan, David
作者单位:University of Washington; University of Washington Seattle
摘要:Research summary: This study explores how relative prominence shapes rivalry between firms. Corporate litigation, an increasingly costly domain of interfirm rivalry, is threatening not just because of the immediate legal stakes but because of the indirect losses that unwanted negative publicity inflicts on defendants. I argue that potential defendants' incentives to avoid such losses create a source of value that firms can capture by agreeing to forgo litigation. The more prominent a firm is r...
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作者:Geng, Xuesong; Yoshikawa, Toru; Colpan, Asli M.
作者单位:Singapore Management University; Kyoto University
摘要:Research summary: We investigate why Japanese firms have adopted executive stock option pay, which was developed with shareholder-oriented institutional logic that was inconsistent with Japanese stakeholder-oriented institutional logic. We argue that Japanese managers have self-serving incentives to leverage stock ownership of foreign investors and their associated institutional logic to legitimize the adoption of stock option pay. Our empirical analyses with a large sample of Japanese firms b...