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作者:Wassmer, Ulrich; Dussauge, Pierre
作者单位:Concordia University - Canada; Hautes Etudes Commerciales (HEC) Paris
摘要:We examine how new network resources accessed through alliance formations interact with network resources present in a firm's alliance portfolio. We test our theoretical model using event study methodology and data from the global air transportation industry. We find that the market rewards firms forming alliances that contribute resources that can be synergistically combined with firms' own resources as well as with network resources accessed through their alliance portfolios. Our results als...
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作者:Fortune, Annetta; Mitchell, Will
作者单位:Widener University; Duke University; University of Toronto
摘要:Evolutionary theory of business activity studies how firms are selected out of environments in which they do not fit, but most existing work underemphasizes the distinction between acquisition and dissolution as selection processes. We address this gap with a multilevel analysis that investigates how managerial and functional organizational capabilities affect whether struggling firms exit by acquisition or dissolution. We demonstrate that managerial and functional capabilities have heterogene...
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作者:Connelly, Brian L.; Miller, Toyah; Devers, Cynthia E.
作者单位:Auburn University System; Auburn University; Indiana University System; Indiana University Bloomington; IU Kelley School of Business; Tulane University
摘要:Although considerable research has examined the role of trust in interorganizational relationship (IOR) contracting, scholars have devoted less attention to how trust and distrust jointly influence this process. We propose and test a model wherein trust, based on partner reliability, is constrained to the IOR exchange context where it develops and does not generalize to other contexts. Distrust, rooted in value incongruence, more readily generalizes across exchange contexts. Results support th...
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作者:Quigley, Timothy J.; Hambrick, Donald C.
作者单位:Lehigh University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:Prior research on CEO succession has omitted consideration of a critical institutional reality: some exiting CEOs do not fully depart the scene but instead remain as board chairs. We posit that predecessor retention restricts a successor's discretion, thus dampening his or her ability to make strategic changes or deliver performance that deviates from pre-succession levels. In short, a predecessor's continuing presence suppresses a new CEO's influence. Based on analysis of 181 successions in h...
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作者:Pacheco-de-Almeida, Goncalo; Zemsky, Peter B.
作者单位:Hautes Etudes Commerciales (HEC) Paris; INSEAD Business School
摘要:Why do some innovators freely reveal their intellectual property? This empirical puzzle has been a focal point of debate in the R&D literature. We show that innovators may share proprietary technology with rivals for freeeven if it does not directly benefit themto slow down competition. By disclosing IP, innovators indirectly induce rivals to wait and imitate instead of concurrently investing in innovation, which alleviates competitive pressure. In contrast with the classical strategy view, ou...