3期

最新文章

• All experience is not created equal: learning, adapting, and focusing in product portfolio management AI翻译
  作者：Eggers, J. P.
  作者单位：New York University
  摘要：This study explores the contingencies relating firm experience to product development capabilities, focusing on experience type (breadth versus depth) and timing (prior versus concurrent). Results from empirical tests in the U.S. mutual fund industry offer two primary findings. First, firms increase proficiency at adapting their processes to address new opportunities as they accumulate experience in entering new niches, but face initial hurdles broadening their experience base. Second, concurr...
• Insecure Advantage? Markets for Technology and the Value of Resources for Entrepreneurial Ventures AI翻译
  作者：Arora, Ashish; Nandkumar, Anand
  作者单位：Indian School of Business (ISB); Duke University
  摘要：We study how the impact of capabilities for performance is contingent upon the environment. Using a novel dataset of information security start-ups, we study how markets for technology change the relative impact of technology and marketing capabilities on performance. Since internal technical effort enables firms to generate technology inputs instead of acquiring them from the market (substitute), a greater supply of technology diminishes the importance of technical ability as a source of comp...
• The informational relevance of corporate social responsibility: evidence from DS400 index reconstitutions AI翻译
  作者：Ramchander, Sanjay; Schwebach, Robert G.; Staking, Kim
  作者单位：Colorado State University System; Colorado State University Fort Collins
  摘要：This study examines the relationship between corporate social responsibility and financial performance by analyzing the intra-industry wealth impact of additions and deletions to the Domini Social 400 index. Results from the event study analysis indicate that additions to the index generate a positive share price response for the announcement firm and a negative response by rival firms. The opposite reaction is observed for index deletions. Additionally, the share price response is more pronou...
• Growing pains: Pre-entry experience and the challenge of transition to incumbency AI翻译
  作者：Chen, Pao-Lien; Williams, Charles; Agarwal, Rajshree
  作者单位：University System of Maryland; University of Maryland College Park; National Tsing Hua University; Bocconi University
  摘要：We examine how entrepreneurial entry by diversifying and de novo firms in new industries leads to different levels of performance. We propose that these types of firms differ in dynamic capabilities, which help them overcome growth impediments and transition to incumbency in the industry. Growth impediments arise at larger size, older tenure levels in industry, and after technological discontinuities. Because of their prior experience, diversifying firms are better equipped to handle the chall...
• The influence of prior industry affiliation on framing in nascent industries: the evolution of digital cameras AI翻译
  作者：Benner, Mary J.; Tripsas, Mary
  作者单位：University of Minnesota System; University of Minnesota Twin Cities; Harvard University
  摘要：New industries sparked by technological change are characterized by high uncertainty. In this paper, we explore how a firm's conceptualization of products in this context, as reflected by product feature choices, is influenced by prior industry affiliation. We study digital cameras introduced from 1991-2006 by firms from three prior industries. We hypothesize and find that: (1) prior industry experience shapes a set of shared beliefs that results in similar and concurrent firm behavior; (2) fi...