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作者:Nadkarni, Sucheta; Chen, Tianxu; Chen, Jianhong
作者单位:University of Cambridge; Oakland University; University System Of New Hampshire; University of New Hampshire
摘要:We examine how the interplay between executive temporal depth (time horizons that executives consider when contemplating past and future events) and industry velocity (the rate at which new opportunities emerge and disappear in an industry) shapes competitive aggressiveness (a firm's propensity to challenge rivals directly and intensely in order to maintain or improve its market position) and firm performance. Based on panel data (from 1995 to 2000) from 258 firms in 23 industries, we found th...
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作者:Stevens, Charles E.; Xie, En; Peng, Mike W.
作者单位:Lehigh University; Xi'an Jiaotong University; University of Texas System; University of Texas Dallas
摘要:Traditional political risk theories often focus on a developing host country government's ability to intervene in the activities of foreign multinationals in the extractive or infrastructure sectors. This results in inadequate understanding of (1) how a government's motivation to intervene is influenced by the broader societal context, (2) the importance of multinationals' political risk at home, and (3) the increasing political risk faced by high-tech and service firms. We argue that there is...
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作者:Chatterji, Aaron K.; Fabrizio, Kira R.
作者单位:Duke University; Boston University
摘要:Prior work argues that the market for ideas supports an open system of innovation, allowing for efficient development of technology across firms. Although this literature has described important features of this market, how it influences the rate and direction of innovation remains an open question. We exploit an exogenous shock to a subset of U.S. medical device firms to study this question. We first document the breakdown in the market for ideas after a federal investigation made it more dif...
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作者:Zhu, David H.; Shen, Wei
作者单位:Arizona State University; Arizona State University-Tempe
摘要:Research summary: We develop a theory to explain why new outside CEOs can better manage their relationship with the board if they previously served on boards that were more diverse than the focal board. We predict that a new outside CEO's prior experience with more diverse boards not only reduces the likelihood of post-succession CEO turnover and director turnover, but also improves firm performance. Results from an analysis of 188 outside CEOs in a sample of Fortune 500 companies provide supp...
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作者:Howard, Michael D.; Withers, Michael C.; Carnes, Christina Matz; Hillman, Amy J.
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Nebraska System; University of Nebraska Lincoln; Arizona State University; Arizona State University-Tempe
摘要:Research summary: The formation of interorganizational ties is a consequential phenomenon examined in strategic management research. Beckman, Haunschild, and Phillips (2004) is one of the first studies to comprehensively consider interorganizational network change by exploring factors that affect both alliance and board interlock formation. They find that firm-specific uncertainty relates to broadening actions, whereas market-level uncertainty causes firms to reinforce current structures. Our ...
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作者:Tashman, Pete; Rivera, Jorge
作者单位:Portland State University; George Washington University
摘要:We draw on resource dependence and institutional theories to study how firms manage uncertainty in nature (ecological uncertainty) in the U.S. ski resort industry. Through resource dependence theory, we develop the concept of ecological uncertainty and explain its effects on firms' access to and management of natural resources. We then predict that firms adapt to ecological uncertainty with natural-resource-intensive practices, as well as practices that attempt to mitigate its underlying cause...
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作者:Lamin, Anna; Ramos, Miguel A.
作者单位:Northeastern University; University of Texas System; University of Texas El Paso
摘要:What are the dynamics of R&D investment when firms agglomerate in environments with weak intellectual property rights protection? Specifically, do foreign and domestic firms present equal opportunities for free riding by domestic firms in such environments? We examine the impact on local firms' R&D investment from knowledge spillovers originating from co-located foreign and domestic firms within and across industries. Building on fieldwork in India, we predict free riding by local firms on nea...
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作者:Adegbesan, Adetunji; Mitchell, Will; Wahler, Benedikt
作者单位:University of Toronto
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作者:Leiponen, Aija; Mitchell, Will
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作者:Bennett, Victor M.; Pierce, Lamar
作者单位:Duke University; University of Southern California; Washington University (WUSTL)
摘要:Research summary: We argue that a pure capabilities-based view does not accurately explain the competitive dynamics of increasingly common settings in which firms act as both complementors and competitors. We propose that the Awareness-Motivation-Capability framework is more appropriate for these settings. We derive predictions from both a pure capabilities view and the AMC framework, and test those predictions in the U.S. auto leasing market, in which the leasing subsidiaries of car manufactu...