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作者：Zhang, Chenjian; Tan, Justin; Tan, David
作者单位：University of Bath; Constructor University; York University - Canada; University of Washington; University of Washington Seattle
摘要：Extant research provides ambiguous views on the network adaptability of existing ventures and new ventures during environmental change. Applying an institutional perspective, this research aims to provide a clearer picture by comparing the adaptation and network configurations of existing vs. new entrepreneurial cohorts during China's institutional change after 1992. The qualitative and quantitative analyses show that the existing cohort of entrepreneurs displays network inertia, in that they ...
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作者：Schmidt, Jens; Makadok, Richard; Keil, Thomas
作者单位：Aalto University; Purdue University System; Purdue University; University of Zurich
摘要：We use an analytical model to study the effects of customer-specific synergies, i.e., synergies that arise when firms sell multiple products to the same customers. At the firm level, we show that the profitability of a customer-specific synergy depends upon cross-market correlation of customer preferences, differs when the synergy is cost-based versus differentiation-based, and can even be negative when the synergy is kept proprietary to a single firm. We also show that returns to imitating su...
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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：Tyler, Beverly B.; Caner, Turanay
作者单位：North Carolina State University; St. John's University
摘要：We develop hypotheses based on behavioral theory that explain how high technology firms' new product introduction (NPI) performance below aspiration levels impact the number of R&D alliances, and how slack moderates this relationship. Using panel data of U.S. biopharmaceutical firms, we find that as firms' NPI performance below historical aspiration levels increases the number of R&D alliances they form increases and slack intensifies this relationship. We contribute to alliance research by pr...
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作者：Reus, Taco H.; Lamont, Bruce T.; Ellis, Kimberly M.
作者单位：Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; State University System of Florida; Florida State University; State University System of Florida; Florida Atlantic University
摘要：We consider a knowledge flow that dominates the international acquisition context but can actually harm foreign acquired firms' performance: non-location-specific knowledge transfer from acquirers to acquired firms (N-LSKT). Considering its behavioral consequences, we argue that such knowledge transfer often may destabilize existing power structures in foreign acquired firms prompting conflict and power struggles, and as a result negatively affects their performance. We find support for this a...
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作者：Lungeanu, Razvan; Stern, Ithai; Zajac, Edward J.
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Northwestern University
摘要：This paper examines the adjustments firms make to the composition of their portfolios of technology-sourcing vehicles (i.e., alliance, acquisition, or go-it-alone) in response to poor innovative performance. We advance a behavioral perspective on the make/buy/ally question, suggesting that differences in financial slack will generate different portfolio decisions. Specifically, we posit that firms with greater levels of financial slack are more likely to respond to poor innovative performance ...
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作者：Roy, Raja; Sarkar, M. B.
作者单位：Drexel University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要：We explore the relationship between a firm's organization and its ability to face a radical technological change. We suggest that, during such a change, the presence of both in-house upstream knowledge and downstream market linkages, within a firm's boundary, has its advantages. We test our predictions in the context of the robotics industry where manufacturers of mechanically controlled brawny robots, which were valued mainly for their payload capacity, faced the advent of electrically contro...
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作者：Brandes, Pamela; Dharwadkar, Ravi; Suh, Sanghyun
作者单位：Syracuse University; University of Massachusetts System; University of Massachusetts Lowell
摘要：Increasing regulatory pressures have created specialization within boards, with more requirements and responsibilities being refocused to the committee level. Using data from S&P 1,500 firms, we find that board committee overlap associated with linking pin directors (i.e., those serving simultaneously on the audit and compensation committees) is an important conduit for knowledge transfer between boards' monitoring and incentive alignment functions. These directors are associated with lower ex...
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作者：Alvarez-Garrido, Elisa; Dushnitsky, Gary
作者单位：University System of Georgia; Georgia State University; University of London; London Business School
摘要：Entrepreneurial ventures are a key source of innovation. Nowadays, ventures are backed by a wide array of investors whose complementary asset profiles differ significantly. We therefore assert that entrepreneurial ventures can no longer be studied as a homogeneous group. Rather, we harness the inherent dichotomy in the profiles of independent VCs and corporate investors to study ventures' innovation outcomes. Our sample consists of 545 U.S. biotechnology ventures founded between 1990 and 2003 ...
