-
作者：Chakrabarti, Abhirup; Mitchell, Will
作者单位：Queens University - Canada; University of Toronto
摘要：Acquisitions often do not reach completion when buyers' initial evaluations change during post-announcement due diligence investigations, but research offers only limited explanations for when such deal-cancelling new information will be most common. Drawing from the spatial geography and acquisition strategy literatures, we argue that successful completion of acquisitions can be partially explained by their spatial characteristics. We start by predicting that geographic distance has a particu...
-
作者：Eckhardt, Jonathan T.
作者单位：University of Wisconsin System; University of Wisconsin Madison
摘要：The existence of free technologies is prevalent in a variety of industries from software to design. This study examines the competitive interaction between free and priced technologies. I draw on the literature on economic logics to predict that, in general, technologies that are freely shared are likely to stimulate interest and provide useful market information without directly competing with priced technologies. In contrast, due to direct competition, I predict that the prevalence of priced...
-
作者：Adner, Ron; Kapoor, Rahul
作者单位：Dartmouth College; University of Pennsylvania
摘要：Why do some new technologies emerge and quickly supplant incumbent technologies while others take years or decades to take off? We explore this question by presenting a framework that considers both the focal competing technologies as well as the ecosystems in which they are embedded. Within our framework, each episode of technology transition is characterized by the ecosystem emergence challenge that confronts the new technology and the ecosystem extension opportunity that is available to the...
-
作者：Maslach, David
作者单位：State University System of Florida; Florida State University
摘要：Organizations learn by reinforcing past actions. When firms experience actions with negative outcomes, they change in response. Any persistence with such actions is said to be suboptimal, attributable to factors such as threat rigidities. This paper theorizes that persistence may sometimes be rational, attributable to the characteristics of feedback. It uses a novel dataset of medical devices to show how organizations learn to search for future novel or incremental innovations based on failure...
-
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...
-
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 ...
-
作者：Greckhamer, Thomas
作者单位：Louisiana State University System; Louisiana State University
摘要：Executive compensation and its relation to that of rank and file employees are vital areas of strategy research. This study contributes to our understanding of cross-national differences in executive compensation by exploring how key formal and informal country-level institutions of social power structures combine to shape CEO and worker compensation across countries as well as the resulting pay dispersion. Analyzing data spanning 54 countries using the configurational approach fuzzy set Quali...
-
作者：Trichterborn, Anja; Knyphausen-Aufsess, Dodo Zu; Schweizer, Lars
作者单位：Technical University of Berlin; Technical University of Berlin; Goethe University Frankfurt
摘要：How to improve the performance of mergers & acquisitions (M&A) continues to be a confounding issue. We show that a dedicated M&A function is a new phenomenon that is positively related to a firm's M&A performance and M&A learning process. Moreover, we find that an M&A learning process (involving articulation, codification, sharing, and internalization) helps build up an M&A capability, which in turn is positively related to a firm's overall M&A performance. We use survey data from a sample dra...
-
作者：Rahmandad, Hazhir; Repenning, Nelson
作者单位：Virginia Polytechnic Institute & State University; Massachusetts Institute of Technology (MIT)
摘要：The notion of capability is widely invoked to explain differences in organizational performance, and research shows that strategically relevant capabilities can be both built and lost. However, while capability development is widely studied, capability erosion has not been integrated into our understanding of performance heterogeneity. To understand erosion, we study two software development organizations that experienced diverging capability trajectories despite similar organizational and tec...
-
作者：Thietart, Raymond-Alain
作者单位：ESSEC Business School
摘要：Analysis of a 42-year strategic journey at a large multinational firm exposes the dynamics behind its strategic evolution. Grounded on a complexity science paradigm, this article challenges our understanding of the role of agency in strategic timing while adding conceptual and methodological innovations. Based on micro and macro approaches, qualitative interpretations, and econometric studies, the results tend to show that while agency partly produces strategy dynamics and timing of actions, s...
