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作者：Foss, Nicolai J.; Lyngsie, Jacob; Zahra, Shaker A.
作者单位：Copenhagen Business School; Norwegian School of Economics (NHH); University of Minnesota System; University of Minnesota Twin Cities
摘要：Research highlights the role of external knowledge sources in the recognition of strategic opportunities but is less forthcoming with respect to the role of such sources during the process of exploiting or realizing opportunities. We build on the knowledge-based view to propose that realizing opportunities often involves significant interactions with external knowledge sources. Organizational design can facilitate a firm's interactions with these sources, while achieving coordination among org...
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作者：Huesch, Marco D.
作者单位：University of Southern California; Duke University
摘要：While the independent impacts of particular firm resources and deployment capabilities on firm performance are unambiguous cornerstones of the strategy field, it is commonly assumed that their joint impacts are synergistic. This article seeks to understand whether this common misconception of resource-based theory can be refuted empirically. Using data from hospitals conducting specialist surgery, I find hospital performance improves independently through better surgical resource quality and f...
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作者：Markoczy, Livia; Sun, Sunny Li; Peng, Mike W.; Shi, Weilei (Stone); Ren, Bing
作者单位：University of Texas System; University of Texas Dallas; University of Missouri System; University of Missouri Kansas City; City University of New York (CUNY) System; Baruch College (CUNY); Nankai University
摘要：A firm's structural position within corporate networks may affect the extent to which it engages in boundary stretching practices. Since social norms support low CEO compensation, offering high CEO compensation in China can be seen as a boundary stretching practice. Setting up a compensation committee (CC) may be viewed as a form of symbolic management in China. We argue that firms operating within central corporate network positions opt to pay higher CEO compensation without engaging in symbo...
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作者：Posen, Hart E.; Lee, Jeho; Yi, Sangyoon
作者单位：University of Wisconsin System; University of Wisconsin Madison; Seoul National University (SNU); University of Southern Denmark
摘要：We examine the power and limitations of imitation. Naive intuition may hold that the efficacy of imitation would be diminished by imperfections in copying high-performing firms. Employing a computational model, we study the dynamics of imitation when firms are subject to bounded rationality that limits their ability to copy the market leader. We find that imperfect imitation can generate unexpectedly good outcomes for follower firmsindeed, better than the outcomes achieved if they were perfect...
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作者：Cennamo, Carmelo; Santalo, Juan
作者单位：Bocconi University; IE University
摘要：Because the literature on platform competition emphasizes the role of network effects, it prescribes rapidly expanding a network of platform users and complementary applications to capture entire markets. We challenge the unconditional logic of a winner-take-all (WTA) approach by empirically analyzing the dominant strategies used to build and position platform systems in the U.S. video game industry. We show that when platform firms pursue two popular WTA strategies concurrently and with equal...
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作者：Kor, Yasemin Y.; Mesko, Andrea
作者单位：University of South Carolina System; University of South Carolina Columbia
摘要：This paper contributes to the understanding of the executive team dynamic managerial capabilities by developing theory about the interplay between the firm's dominant logic and dynamic managerial capabilities (including managerial human capital, social capital, and cognition). We underscore the criticality of the two key CEO-level functions: configuration and orchestration of senior executive team dynamic capabilities. We develop theory on how these functions create and sculpt the management t...
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作者：Xia, Jun; Li, Sali
作者单位：West Virginia University; University of Wisconsin System; University of Wisconsin Milwaukee
摘要：Resource dependence theory has been widely applied to explain interindustry acquisitions, but little is known about how external and internal dependence conditions affect the divestiture of formerly acquired subunits. We argue that subunit divestiture may be a strategic response to mutual dependence and subunit power following acquisition. Our results, based on a sample of divested subunits by U.S. public firms, show that mutual dependence and increased subunit power both reduce the hazard of ...
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作者：Krzeminska, Anna; Hoetker, Glenn; Mellewigt, Thomas
作者单位：Leuphana University Luneburg; Arizona State University; Arizona State University-Tempe; Free University of Berlin
摘要：Firms often procure the same input via multiple means, e.g., making and buying. Recent papers have yielded rich, but inconsistent, theoretical and empirical insights. Resolving these inconsistencies requires reconceptualizing two aspects of plural sourcing: what and how. We reconceptualize plural sourcing as a set of combined governance modesmake-and-buy, make-and-ally, and buy-and-allywhich differ in their capabilities and limitations. We demonstrate our reconceptualization's potential with p...
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作者：Zhu, David H.
作者单位：Arizona State University; Arizona State University-Tempe
摘要：This study investigates how a fundamental group decision-making bias referred to as group polarization can influence boards' acquisition premium decisions. The theory suggests that when prior premium experience would lead directors on average to support a relatively high premium prior to board discussions, they will support a focal premium that is even higher after discussions; but when directors' prior premium experience would lead them on average to support a relatively low premium prior to ...
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作者：Afuah, Allan
作者单位：University of Michigan System; University of Michigan
摘要：Rooted in neoclassical economics, network effects research has revolved around size, arguing that the more users a network has, the more valuable that network will be to each user. I argue that a network's structure (feasibility of transactions, centrality of members, structural holes, network ties, the number of roles each member plays) and its conduct (opportunistic behavior, reputation signaling, perceptions of trust) also have significant impacts on a network's value to users and to networ...
