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作者:Larsen, Marcus M.; Manning, Stephan; Pedersen, Torben
作者单位:Copenhagen Business School; University of Massachusetts System; University of Massachusetts Boston; City St Georges, University of London
摘要:This study investigates estimation errors due to hidden coststhe costs of implementation that are neglected in strategic decision-making processesin the context of services offshoring. Based on data from the Offshoring Research Network, we find that decision makers are more likely to make cost-estimation errors given increasing configuration and task complexity in captive offshoring and offshore outsourcing, respectively. Moreover, we show that experience and a strong orientation toward organi...
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作者:Lim, Elizabeth N. K.; Mccann, Brian T.
作者单位:University System of Georgia; Georgia State University; Vanderbilt University
摘要:Prior work has examined the effects of absolute levels of outside director stock option grants on risk behavior without recognizing that relative stock option values could differentially affect risk taking. Drawing from the house money effect perspective, we extend this literature by examining how positive deviation from prior outside director option grants values influences firm strategic risk. Additionally we draw from the behavioral agency model and the power literature to develop a multiag...
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作者:Carson, Stephen J.; John, George
作者单位:Utah System of Higher Education; University of Utah; University of Minnesota System; University of Minnesota Twin Cities; King Abdulaziz University
摘要:This article considers the use of property rights to structure ex post bargaining positions in client-sponsored RD&E. By focusing on the positive externality created by uses of the technology not targeted by the client, the theory produces a novel set of predictions that diverge from standard transaction cost and property rights reasoning; that is, greater contractor property rights are associated with more transaction-specific investments by the client. Contractor property rights are also pre...
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作者:Lahiri, Nandini; Narayanan, Sriram
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Michigan State University; Michigan State University's Broad College of Business
摘要:We examine the consequences of alliance portfolio configuration by focusing on contingencies that affect the impact of alliance portfolio size on innovation and financial performance. While increasing alliance portfolio size is expected to positively impact innovation and financial performance, we propose that, at high levels of innovation of the focal firm, increasing alliance portfolio size dampens financial performance. We also propose that firm boundaries moderate the impact of alliance po...
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作者:Mulotte, Louis; Dussauge, Pierre; Mitchell, Will
作者单位:Tilburg University; Tilburg University; Hautes Etudes Commerciales (HEC) Paris; Duke University; University of Toronto
摘要:We study how firms' use of in-licensing for their initial entry to a business domain can detract from the performance of their subsequent autonomous endeavors in the domain. We argue that in-licensing produces high levels of causal ambiguity about factors that drive the performance achieved with the licensed product. In turn, the experience that firms gather through pre-entry licensing is likely to generate superstitious learning and overconfidence that undermine the performance of licensees' ...
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作者:Pandher, Gurupdesh; Currie, Russell
作者单位:University of British Columbia
摘要:This paper studies how CEO pay and its composition is shaped by strategic factors related to the firm's capacity to generate rents and value, the uncertainty of its resource advantage, and the competitive interaction between firm stakeholders and top management. This is done using an analytical framework in which the CEO and other firm stakeholders interact over the firm's resource surplus as utility-maximizing claimants based on their relative bargaining power while providing shareholders the...
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作者:Zhao, Zheng Jane; Anand, Jaideep
作者单位:University of Kansas; University System of Ohio; Ohio State University
摘要:This research introduces a framework for selecting efficient interunit structures in facilitating the transfer of knowledge with different levels of complexity. We argue that while the boundary spanner structure is efficient for transferring discrete knowledge, it is inadequate for transferring collectively held complex knowledge. We propose that the transfer of such knowledge requires a more decentralized interunit structurecollective bridge, which is a set of direct interunit ties connecting...
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作者:Kapoor, Rahul; Lee, Joon Mahn
作者单位:University of Pennsylvania; Purdue University System; Purdue University
摘要:We consider firms in the context of their business ecosystems and explore how differences in the ways in which firms are organized with respect to complementary activities affect their decision to invest in new technologies. We argue that, in addition to creating differences in incentives and bureaucratic costs, firm-complementor organizational form plays an important role in the firm's ability to coordinate accompanying changes in complementary activities so as to shape the benefits from inve...
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作者:Makadok, Richard; Ross, David Gaddis
作者单位:Emory University; Columbia University
摘要:Given legal impediments to consolidation and collusion, firms often resort to product differentiation to attain market power. This paper provides a formal analysis of product differentiation as a tool for such industry structuring at both the firm and industry level. We examine: how industry structure differs when firms collaborate on their differentiation decisions, and when the profitability of such collaboration is greatest; how an individual firm's differentiation decisions affect subseque...
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作者:Carnabuci, Gianluca; Operti, Elisa
作者单位:Universita della Svizzera Italiana; ESSEC Business School
摘要:A firm's innovativeness is driven by its ability to recombine existing technologies. Elaborating on this argument, we contend that there exist two distinct types of recombinant capabilities. First, firms may innovate through recombinant creation, i.e., by creating technological combinations new to the firm. Second, they may innovate through recombinant reuse; i.e., by reconfiguring combinations already known to the firm. We study what drives each type of capability by examining two factors: th...