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作者：Mahoney, Joseph T.; Qian, Lihong
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; Portland State University
摘要：This paper shows that market frictions are fundamental building blocks for an organizational economics approach to strategic management. Various organizational economic approaches (transaction costs, property rights, real options, and resource-based) have distinctive focal problems and emphasize different combinations of market frictions. A wider recognition of the role of market frictions is useful for three main objectives. First, it helps identify an evolving market-frictions paradigm in st...
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作者：Ndofor, Hermann Achidi; Vanevenhoven, Jeff; Barker, Vincent L., III
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Wisconsin System; University of Kansas
摘要：Investigations into management actions that reverse organizational decline have produced inconsistent findings. Prior studies have focused on the value of retrenchment actions versus strategic actions to engineer a performance turnaround. These studies, however, have generally not controlled for the cause of firm decline, overlooking a major theoretical contingency. Examining prepackaged software firms in the 1990s, we test the association of strategic and retrenchment actions in facilitating ...
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作者：Nell, Phillip C.; Ambos, Bjoern
作者单位：Copenhagen Business School; Vienna University of Economics & Business
摘要：What determines the value an MNC's headquarters adds to its own affiliates? In this paper, we shed light on this question by linking the embeddedness view of the multinational corporation to the literature on parenting advantage. We test our hypotheses on an original dataset of 124 manufacturing subsidiaries located in Europe. Our results indicate that the external embeddedness of the MNC is an antecedent to headquarters' value creation. We find that headquarters' investments into their own re...
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作者：Garriga, Helena; von Krogh, Georg; Spaeth, Sebastian
作者单位：Swiss Federal Institutes of Technology Domain; ETH Zurich
摘要：Laursen and Salter (2006) examined the impact of a firm's search strategy for external knowledge on innovative performance. Based on organizational learning and open innovation literature, we extend the model hypothesizing that the search strategy itself is impacted by firm context. That is, both constraints on the application of firm resources' and the abundance of external knowledge' have a direct impact on innovative performance and a firm's search strategy in terms of breadth and depth. Ba...
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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：Reuer, Jeffrey J.; Tong, Tony W.; Tyler, Beverly B.; Arino, Africa
作者单位：Purdue University System; Purdue University; University of Colorado System; University of Colorado Boulder; North Carolina State University; University of Navarra; IESE Business School
摘要：This study investigates how executives address information asymmetry and adverse selection surrounding international joint ventures (IJVs) and acquisitions. We argue that executives can address such exchange hazards not only through their governance decisions, as prior research indicates, but also through their selection of exchange partners. Our experimental design complements prior research on firms' governance choices in three ways: (1) by incorporating multiple potential exchange partners ...
