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作者:Lavie, Dovev; Haunschild, Pamela R.; Khanna, Poonam
作者单位:Technion Israel Institute of Technology; University of Texas System; University of Texas Austin; Arizona State University; Arizona State University-Tempe
摘要:In studying the antecedents of alliance performance, one stream of research has underscored the alignment between partners' characteristics whereas another has concentrated on relational mechanisms such as mutual trust, relational embeddedness, and relational commitment. We integrate these two perspectives by examining how congruence of the partners' cultures and organizational routines facilitates the emergence of relational mechanisms in non-equity alliances. Our analysis of 420 non-equity a...
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作者:Brush, Thomas H.; Dangol, Ramesh; O'Brien, Jonathan P.
作者单位:Purdue University System; Purdue University; University System of Ohio; Youngstown State University; Rensselaer Polytechnic Institute
摘要:Customers develop switching costs when they invest time and effort to develop capabilities required to optimally use a given product. Such capabilities are likely to be firm specific and cannot be transferred perfectly to competitors' product offerings. Customers who face switching costs are likely to remain with the same firm and consume complementary products that meet their needs. Thus, firms can achieve competitive advantage by exploiting customers' switching costs. In this paper, we hypot...
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作者:Alessandri, Todd M.; Tong, Tony W.; Reuer, Jeffrey J.
作者单位:Northeastern University; University of Colorado System; University of Colorado Boulder; Purdue University System; Purdue University
摘要:Growth option value varies widely across firms. This research explores managerial incentives as a source of firm heterogeneity in growth option value. We argue that when the payoff structure of managerial incentives corresponds to that of growth options, managers will be motivated to pursue actions that increase firms' growth option value, particularly when greater growth opportunities are available in an industry. Results indicate that stock option holdings and managerial stock ownership have...
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作者:Fisch, Jan Hendrik; Zschoche, Miriam
作者单位:University of Augsburg; WHU - Otto Beisheim School of Management
摘要:Volatile factor cost developments urge manufacturing firms to increase production efficiency by building up facilities in multiple countries. Differing from previous work that examines the quality of individual locations for investment, the study evaluates the net present value, the growth option value, and the operational flexibility value of the existing production network to predict the establishment of a new site. The results on a sample of 352 German manufacturing firms suggest that the d...
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作者:Fernhaber, Stephanie A.; Patel, Pankaj C.
作者单位:Butler University; Ball State University
摘要:Building a complex portfolio of products can be beneficial for young firms due to increased sales growth and competitiveness. Yet, the benefits from product portfolio complexity (PPC) are often outweighed by rising costs, leading to an inverted U-shaped relationship between PPC and performance. Recent research has called for an increased understanding of how firms are able to better manage higher levels of PPC. We suggest that absorptive capacity and ambidexterity are vital to enhancing the be...
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作者:Mihalache, Oli R.; Jansen, Justin J. J. P.; Van den Bosch, Frans A. J.; Volberda, Henk W.
作者单位:Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
摘要:This study attempts to increase the understanding of how offshoring influences the introduction of new products and services. Focusing on the offshoring of those business functions that provide direct knowledge inputs for innovation (i.e., production, R&D, and engineering), we propose that offshoring has an inverted U-shaped influence on firm innovativeness. Additionally, we provide an upper echelon contingency perspective by considering the moderating role of two top management team (TMT) att...