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作者:Suarez, Fernando F.; Grodal, Stine; Gotsopoulos, Aleksios
作者单位:Boston University; Sungkyunkwan University (SKKU)
摘要:The optimal time to enter emerging industries is a key concern in strategy, yet scholars struggle to create a theoretical foundation that can integrate conflicting empirical findings. We incorporate categorical dynamics to industry life cycle theory to enhance existing entry timing theories. We introduce the concept of a dominant categorythe conceptual schema that most stakeholders adhere to when referring to products that address similar needs and compete for the same market spacelinking it t...
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作者:Diestre, Luis; Rajagopalan, Nandini; Dutta, Shantanu
作者单位:IE University; University of Southern California
摘要:In this study we provide evidence that firms considering entering new markets are more likely to appoint directors with experience in those markets; and subsequently, we show that directors' market experience increases the likelihood of new-market entry. Moreover, we explore the presence of constraints in both, acquiring experienced directors and utilizing their experience. Specifically, we find that experienced directors are less likely to join firms with financial restatements in the recent ...
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作者:Kapoor, Rahul; Furr, Nathan R.
作者单位:University of Pennsylvania; Brigham Young University
摘要:Entrants in new industries pursue distinct technologies in hopes of winning the technology competition and achieving sustainable competitive advantage. We draw on the complementary assets framework to predict entrants' technology choices in an emerging industry. Evidence from the global solar photovoltaic industry supports our arguments that entrants are more likely to choose technologies with higher technical performance and for which key complementary assets are available in the ecosystem. H...
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作者:Hambrick, Donald C.; Humphrey, Stephen E.; Gupta, Abhinav
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:Studies of the effects of top management team (TMT) composition on organizational outcomes have yielded mixed and confusing results. A possible breakthrough resides in the reality that TMTs vary in how they are fundamentally structured. Some are structured such that members operate independently of each other, while others are set up such that roles are highly interdependent. We examine the potential for three facets of structural interdependencehorizontal, vertical, and reward interdependence...
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作者:Heimeriks, Koen H.; Bingham, Christopher B.; Laamanen, Tomi
作者单位:Tilburg University; University of North Carolina; University of North Carolina Chapel Hill; University of St Gallen
摘要:While prior research highlights the importance of codifying alliance experience to achieve alliance success, it is unclear whether codification is equally useful in the different phases of an alliance. Based on a sample of 192 technology firms that report on over 3,400 strategic alliances, we find that in the partner selection and termination phases, reliance on codified knowledge is useful. However, in the partner management phase, reliance on codified knowledge is less beneficial and can be ...
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作者:Le Breton-Miller, Isabelle; Miller, Danny
作者单位:Universite de Montreal; HEC Montreal; University of Alberta
摘要:Resource-based scholars have focused on the properties of resources and the isolating mechanisms that sustain their rents in the face of competition. Unfortunately, they have devoted far less attention to the sources of vulnerability of many of these resources. We argue that, paradoxically, sources of rent such as isolating mechanisms often have a dark side that renders resources more vulnerable. We highlight three categories of challenges to managing resource vulnerabilityprotecting them from...
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作者:Yayavaram, Sai; Chen, Wei-Ru
作者单位:Indian Institute of Management (IIM System); Indian Institute of Management Bangalore; China Europe International Business School
摘要:We investigate the effect of changes in a firm's knowledge couplings on its innovation performance. We develop arguments to explain how changes in couplings among existing knowledge domains and those between new and existing knowledge domains affect the generation of valuable inventions. We also examine how observed domain complexity, an indicator of the inherent interdependencies among knowledge domains, moderates the effects of changes in a firm's knowledge couplings on innovation performanc...
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作者:Chadwick, Clint; Super, Janice F.; Kwon, Kiwook
作者单位:University of Kansas; Konkuk University; Murray State University
摘要:In order to be effective, managers at all levels of the firm must engage in resource management activities, and these efforts are synchronized and orchestrated by top management. Using a specific type of strategic resource, commitment-based human resource systems, we examine the effect of CEO resource orchestration in a multi-industry sample of 190 Korean firms. Our results demonstrate that CEO emphasis on strategic HRM is a significant antecedent to commitment-based HR systems. Furthermore, o...
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作者:Laureiro-Martinez, Daniella; Brusoni, Stefano; Canessa, Nicola; Zollo, Maurizio
作者单位:Swiss Federal Institutes of Technology Domain; ETH Zurich; Vita-Salute San Raffaele University; Vita-Salute San Raffaele University; Vita-Salute San Raffaele University; IRCCS Ospedale San Raffaele; Bocconi University; Universidad de los Andes (Colombia)
摘要:This paper studies the cognitive processes that enable decision makers to switch between exploitation and exploration. We use functional magnetic resonance imaging (fMRI) in a sample of expert decision makers to make two main contributions. First, we identify and contrast the specific brain regions and cognitive processes associated with exploitation and exploration decisions. Exploitation activates regions associated with reward seeking, which track and evaluate the value of current choices, ...