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作者:Etzion, Dror; Pe'er, Aviad
作者单位:McGill University; Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick
摘要:Often, signaling research in the strategy and economics literature postulates the existence of an ostensible signal and then empirically tests its veracity, utilizing cross-sectional data. We argue that this static approach does not allow researchers to fully incorporate the concept of equilibrium in their analysis, thereby potentially violating a key axiom of signaling theory. We propose that a dynamic analysis of signals can address this omission, and then conduct such an analysis. We use em...
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作者:Wang, Richard D.; Shaver, J. Myles
作者单位:University of Minnesota System; University of Minnesota Twin Cities
摘要:We study competition as an impetus for firms to repositionto abandon their current positioning strategy and adopt a new one. We predict that as a strong firm moves closer, competition erodes the profitability of situated firms and prompts them to reposition. We expect this effect is pronounced the greater difference in competitive strength. However, we expect that countervailing forces exist such that the viability of alternative positions and the opportunity cost of abandoning a current posit...
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作者:Love, James H.; Roper, Stephen; Vahter, Priit
作者单位:Aston University; Aston University; University of Warwick; University of Warwick; University of Tartu
摘要:We explore how openness in terms of external linkages generates learning effects, which enable firms to generate more innovation outputs from any given breadth of external linkages. Openness to external knowledge sources, whether through search activity or linkages to external partners in new product development, involves a process of interaction and information processing. Such activities are likely to be subject to a learning process, as firms learn which knowledge sources and collaborative ...
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作者:Di Stefano, Giada; King, Andrew A.; Verona, Gianmario
作者单位:Hautes Etudes Commerciales (HEC) Paris; Dartmouth College; Bocconi University
摘要:When will knowledge holders share their knowledge with peers? Several studies suggest that norms of knowledge disclosure encourage knowledge transfer. More recently, scholars have hypothesized that norms of knowledge use may indirectly promote it. In this article, we synthesize a theoretical framework of the effect of norms of knowledge use and test its predictions by means of a field experiment involving more than 500 Italian chefs. For the literature on knowledge transfer, we confirm the imp...
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作者:Reuer, Jeffrey J.; Klijn, Elko; Lioukas, Constantinos S.
作者单位:Purdue University System; Purdue University; Vrije Universiteit Amsterdam; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
摘要:The last two decades have witnessed substantial scholarly interest in corporate boards, yet little research has been devoted to boards of international joint ventures (IJVs). We combine the corporate governance and alliance governance literatures in order to study this important ex post governance mechanism for IJVs. We identify a fundamental tension inherent in IJVs, which arises from the unique features of this organizational form and influences the level of involvement by their boards. Inte...
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作者:Bingham, Christopher B.; Eisenhardt, Kathleen M.
作者单位:University of North Carolina; University of North Carolina Chapel Hill; Stanford University
摘要:We recently introduced a research program on how firms can effectively capture fleeting opportunities using heuristics. Heuristics, we advocate, are the essence of strategy, especially in unpredictable markets where opportunities are often numerous, fast moving, and uncertain. Our emphasis on heuristics invites comparison with prominent research programs in cognitive psychology. We address this opportunity by comparing our simple rules heuristics approach with heuristics-and-biases and fast-an...
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作者:Knudsen, Thorbjorn; Levinthal, Daniel A.; Winter, Sidney G.
作者单位:University of Southern Denmark; University of Pennsylvania
摘要:While much is understood about the general pattern of industry dynamics, a critical element underlying these dynamics, the rate of the expansion of individual firms, has been largely overlooked. We argue that the rate at which firms can reliably increase their scale of operations is a critical factor in understanding the structure of industries. Further, success at scaling-up the firm's operations provides a dynamic-isolating mechanism that insulates established firms from new competition. We ...
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作者:Liu, Kun; Arthurs, Jonathan D.; Nam, Daeil; Mousa, Fariss-Terry
作者单位:Wayne State University; Oregon State University; Korea University; James Madison University
摘要:This paper examines the diffusion of information around the initial public offering (IPO) process and identifies transaction partners on which IPO firms are dependent. Using a resource payments perspective, we argue that this dependence will lead to greater cumulative abnormal stock returns for transaction partners when this information is revealed in the market (when the initial form S-1 is filed with the SEC). Moreover, we examine the uniqueness of the resource configuration between the IPO ...
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作者:Wagner, Stefan; Hoisl, Karin; Thoma, Grid
作者单位:European School of Management & Technology; University of Munich; University of Camerino
摘要:The literature on organizational learning asserts that external learning is often limited geographically and technologically. We scrutinize to what extent organizations acquire external knowledge by accessing external knowledge repositories. We argue that professional service firms (PSFs) grant access to nonlocalized knowledge repositories and thereby not only facilitate external learning but also help to overcome localization. Focusing on patent law firms, we test our predictions using a uniq...
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作者:Vuori, Natalia; Vuori, Timo
作者单位:Aalto University
摘要:Bingham and Eisenhardt (2011) highlight the positive role of heuristics in the strategy context. They discuss four mechanisms through which heuristics have positive effects for strategy. The first mechanismusing a heuristic cue as a proxy for complex, correlated informationbuilds directly on Gigerenzer's research on positive heuristics. The second (capturing a window of opportunity) and third (providing some direction while allowing freedom to improvise) mechanisms, combine Gigerenzer's ideas ...