-
作者：Van de Vrande, Vareska
作者单位：Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
摘要：With external innovation becoming more and more important, many firms struggle with the question of how to balance their technology-sourcing portfolio. This study addresses this issue by looking at the effects of portfolio diversity on performance outcomes and the conditions under which diversity is most likely to materialize. Using a dataset of strategic investments by pharmaceutical firms, the results show that the variance in relative technological proximity between the focal firm and its p...
-
作者：Wiersema, Margarethe F.; Zhang, Yan (Anthea)
作者单位：University of California System; University of California Irvine; Rice University
摘要：While boards are known to react to corporate misconduct by removing the executives responsible, little is known about whether the board's response is shaped by the firm's social context. Using the 2006 stock option backdating scandal, in which firms manipulated stock option grant dates, we examine the impact of two dimensions of social contextthe pervasiveness of the misconduct and the media attention to the misconduct. We find that firms implicated later in the backdating scandal are less lik...
-
作者：Shaw, Jason D.; Park, Tae-Youn; Kim, Eugene
作者单位：University of Minnesota System; University of Minnesota Twin Cities; Vanderbilt University; University System of Georgia; Georgia Institute of Technology
摘要：Reversing the focus on human capital accumulations in the resource-based literature, the authors examine the issue of human capital losses and organizational performance. They theorize that human capital losses markedly diminish the inimitability of human capital stores initially, but that the negative effects are attenuated as human capital losses increase. They argue further that these effects are more dramatic when human resource management (HRM) investments are substantial. As predicted, S...
-
作者：Wales, William J.; Parida, Vinit; Patel, Pankaj C.
作者单位：James Madison University; Lulea University of Technology; Ball State University
摘要：Absorptive capacity (ACAP) refers to a firm's ability to acquire, assimilate, transform, and exploit new knowledge. Research has yet to acknowledge the possibility of limits to the financial returns of this important strategic construct. This study suggests an inverted-U shaped relationship between ACAP and financial performance. Based on data from 285 technology-based small and medium enterprises, we observe gains within three prospective, secondary measures of growth to diminish beyond lower...
-
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...
-
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...
-
作者：Miller, Danny; Minichilli, Alessandro; Corbetta, Guido
作者单位：Universite de Montreal; HEC Montreal; University of Alberta; Bocconi University
摘要：There has been much debate concerning the performance of family firms and the drivers of their performance. Some scholars have argued that family management is to blame when family firms go wrong; others claim that family management removes costly agency problems and encourages stewardship. Our thesis is that these disagreements can only be resolved by distinguishing among different types of family firms. We argue that family CEOs will outperform in smaller firms with more concentrated ownersh...
