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作者：Eisenmann, Thomas; Parker, Geoffrey; Van Alstyne, Marshall
作者单位：Harvard University; Tulane University; Boston University
摘要：Due to network effects and switching costs in platform markets, entrants generally must offer revolutionary functionality to win substantial market share. We explore a second entry path that does not rely upon Schumpeterian innovation: platform envelopment. Through envelopment, a provider in one platform market can enter another platform market, and combine its own functionality with that of the target in a multi-platform bundle that leverages shared user relationships. Envelopers capture mark...
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作者：Adams, Renee B.; Licht, Amir N.; Sagiv, Lilach
作者单位：Reichman University; University of Queensland; Hebrew University of Jerusalem
摘要：This study examines how directors make decisions that involve shareholders and other stakeholders. Using vignettes derived from seminal court cases, we construct an index of directors' shareholderism as a general orientation on this issue. In a survey of the entire population of directors and CEOs in public corporations in one country, we find that directors' personal values and roles play an important part in their decisions. Directors and CEOs are more pro-shareholder the more they endorse e...
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作者：Mas-Ruiz, Francisco; Ruiz-Moreno, Felipe
作者单位：Universitat d'Alacant; Universidad CEU Cardenal Herrera
摘要：Our study examines how, in a given industry, rivalry functions within strategic groups defined according to the size of their member firms and how this rivalry affects performance. We hypothesize that, owing to several forms of group-level effects including market power, efficiency, differentiation, and multimarket contact, strategic groups that comprise smaller firms will exhibit both increased rivalry and decreased performance compared with strategic groups that comprise larger firms. We tes...
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作者：Gomez, Jaime; Pablo Maicas, Juan
作者单位：University of Zaragoza; University of Zaragoza; Universidad de La Rioja
摘要：The purpose of this paper is to test the effectiveness of switching costs as an isolating mechanism in the context of the first-mover advantage theory. Whereas both the literature on switching costs and on pioneering propose this as a mechanism through which firms could obtain sustainable competitive advantage, other authors offer a rationale for thinking that this is not the case. We test our hypotheses in the context of the European mobile telecommunications industry. This is a sector that h...
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作者：Pe'er, Aviad; Gottschalg, Oliver
作者单位：New York University; Hautes Etudes Commerciales (HEC) Paris
摘要：This paper advances the debate concerning the relationship between politics and business conduct by investigating the influence of the institutional context on leveraged buyout investments. We propose that the formal and informal institution context in 'red' states (those dominated by the U. S. Republican Party) is more aligned with the principal strategies through which leveraged buyout investors create value than such a context is in 'blue' states (those dominated by the Democratic Party). T...
