-
作者：Bermiss, Y. Sekou; Murmann, Johann P.
作者单位：University of Texas System; University of Texas Austin; University of New South Wales Sydney
摘要：Do some top executives matter more than others? Integrating insights from upper echelons and executive mobility research, we suggest that the functional roles performed by top executives shape their value to the firm. We examine the effects of interfirm executive mobility on firm survival for New York City advertising firms from 1924 to 1996. We find that, while losing any top executive is damaging, the loss of a top executive whose functional role focuses on internal firm processes is more de...
-
作者：Skilton, Paul F.; Bernardes, Ednilson
作者单位：Washington State University; Arizona State University; West Virginia University
摘要：This study proposes and tests a theory of the effects of competition network structure on product market entry. Competition networks are defined as the patterns of interdependence between rivals that emerge from direct competition. Studying networks based on competitive interdependence allows us to extend social network theory to new territory and to enhance our understanding of product market entry. We propose that the size, interconnectedness and diversity of competition networks influence s...
-
作者：Bennett, Victor M.; Seamans, Robert; Zhu, Feng
作者单位：University of Southern California; New York University; Harvard University
摘要：We examine how reducing search frictions in secondary markets affects the value appropriated by firms in primary markets. We characterize two effects on primary-market firms caused by intermediaries entering secondary markets: the cannibalization and option value effects. Separation between primary and secondary markets can drive which of the two effects dominates. Firms selling valuable and scarce products are more likely to have separate primary and secondary markets, and will therefore appr...
-
作者：Ndofor, Hermann Achidi; Sirmon, David G.; He, Xiaoming
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Washington; University of Washington Seattle; Beijing Jiaotong University
摘要：While theory and evidence show that firms' competitive actions mediate the resource-performance relationship, details of top managements' roles in shaping resource utilization choices have been underemphasized. We address this oversight by integrating top management team heterogeneity and any resulting faultline strength with the resource-action-performance model to investigate how TMT composition differentially affects the model's two linkages. Specifically, we argue that TMT heterogeneity po...
-
作者：Baldwin, Carliss Y.; Henkel, Joachim
作者单位：Harvard University; Technical University of Munich
摘要：Modularity is a means of partitioning technical knowledge about a product or process. When state-sanctioned intellectual property (IP) rights are ineffective or costly to enforce, modularity can be used to hide information and thus protect IP. We investigate the impact of modularity on IP protection by formally modeling the threat of expropriation by agents. The principal has three options to address this threat: trust, licensing, and paying agents to stay loyal. We show how the principal can ...
-
作者：Chakrabarti, Abhirup
作者单位：Queens University - Canada
摘要：Studies suggest that firms navigating an economic shock can adapt and improve performance by targeting perceived growth opportunities. A puzzle, however, is that an economic shock increases environmental uncertainty and therefore the risk associated with growth reconfiguration. This study finds that growth reduced performance and increased the risk of firm failure during the Asian economic shock of 1997. Growing firms differed in the extent to which they were able to mitigate the constraints i...
-
作者：Fosfuri, Andrea; Giarratana, Marco S.; Roca, Esther
作者单位：Bocconi University; Bocconi University; Universidad Carlos III de Madrid
摘要：Corporate sponsorship of events that support social values (e.g., human rights) help firms infuse their products with symbolic meaning, prolonging their life cycle. Yet, higher product prices might spark perceptions that the firm invests in social values for calculative or opportunistic motives, in which case event sponsorship is unlikely to deliver the expected benefits in the form of product longevity. This study explores this potential tension empirically, using data related to sponsored so...
-
作者：Patel, Pankaj C.; Kohtamaki, Marko; Parida, Vinit; Wincent, Joakim
作者单位：Ball State University; University of Vaasa; Lulea University of Technology; Hanken School of Economics
摘要：According to the perspective of entrepreneurial orientation-as-experimentation, entrepreneurial orientation (EO) increases variability in innovation outcomes. Although increased variability in the innovation portfolio could increase performance, it could also lead to a decline in performance. We propose that absorptive capacity plays a role in both increasing and managing variations in innovation outcomes. Potential absorptive capacity enhances the effects of EO on variability in innovation ou...
-
作者：Zheng, Weiting; Singh, Kulwant; Mitchell, Will
作者单位：Hong Kong Polytechnic University; National University of Singapore; University of Toronto; Duke University
摘要：Several studies suggest that political ties help firms survive or perform but do not examine the boundary conditions concerning which types of firms and which type of ties help firms. We draw from resource dependence and resource-based theories to argue that political ties can improve both firm survival (labeled buffering) and performance (labeled enabling), with weaker firms gaining more from buffering and stronger firms gaining more from enabling. We further examine the relative impact of lo...
-
作者：Speckbacher, Gerhard; Neumann, Kerstin; Hoffmann, Werner H.
作者单位：Vienna University of Economics & Business; Bocconi University
摘要：When firms seek to enter a new business segment, they have to decide how to best gain access to the required resources. This paper analyzes how resource relatedness influences a firm's decision between internal development and collaborative arrangement as modes of entry. We distinguish between a firm's capacity to transfer its established resources to the new segment (resource transferability) and the integration and synergistic combination of current firm resources with target segment resourc...
