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作者:Leiponen, Aija; Helfat, Constance E.
作者单位:Dartmouth College; Cornell University
摘要:Given the inherent risk of innovative activity. firms can improve the odds of success by pursuing multiple parallel objectives. Because innovation draws on many sources of ideas, firms also may improve their odds of successful innovation by accessing a large number of knowledge sources. In this study, we conduct one of the first firm-level statistical analyses of the impact on innovation of breadth in both innovation objectives and knowledge sources. The empirical results suggest that broader ...
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作者:Lev, Baruch; Petrovits, Christine; Radhakrishnan, Suresh
作者单位:New York University; University of Texas System; University of Texas Dallas
摘要:This study examines the impact of corporate philanthropy growth on sales growth using a large sample of charitable contributions made by U.S. public companies from 1989 through 2000. Applying Granger causality tests, we find that charitable contributions are significantly associated with future revenue, whereas the association between revenue and future contributions is marginally significant at best. We then identify the mechanism underlying our findings. Our results are particularly pronounc...
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作者:Lenox, Michael J.; Rockart, Scott F.; Lewin, Arie Y.
作者单位:Duke University; University of Virginia
摘要:Strategy researchers have argued that heterogeneity in firms' practices and profitability within and across industries may derive from industry-level differences in the extent of interdependencies among firms' activities. Theoretical models have clarified how and why differences in the extent of the interdependencies faced by firms across industries may affect the distributions of firm profits, but the specific predictions from these models have not been empirically tested. In this paper, we p...
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作者:Miller, Danny; Le Breton-Miller, Isabelle; Lester, Richard H.
作者单位:Universite de Montreal; HEC Montreal; University of Alberta; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:Much of the literature on corporate acquisitions has focused on managerial incentives for making acquisitions but has underemphasized the role played by the social context Of major shareholders. This study of Fortune 1000 firms argues that the priorities and risk preferences of family owners can have important implications not only for the volume but also,for the diversifying nature of their acquisitions. Agency and family business perspectives are used to derive expectations concerning the ac...
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作者:Lee, Gwendolyn K.; Lieberman, Marvin B.
作者单位:INSEAD Business School; State University System of Florida; University of Florida; State University System of Florida; University of Florida; University of California System; University of California Los Angeles
摘要:An established firm can enter a new product market through acquisition or internal development. Predictions that the choice of market entry mode depends on 'relatedness' between the new product and the firm's existing products have repeatedly failed to gain empirical support. We resolve ambiguity in prior work by developing dynamic measures of relatedness, and by making a distinction between entries inside vs. outside a firm's primary business domain. Using a fine-grained dataset on the teleco...
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作者:Corredoira, Rafael A.; Rosenkopf, Lori
作者单位:University of Pennsylvania; University System of Maryland; University of Maryland College Park
摘要:While mobility's effect on knowledge transfer to firms that hire mobile employees is well demonstrated, we choose to explore mobility's effect on knowledge transfer to firms that lose these employees. Focusing on this 'outbound mobility' allows its to isolate effects of social mechanisms associated with mobility. We find that semiconductor firms losing employees are more likely to subsequently cite patents of firms hiring these employees, suggesting that mobility-driven knowledge flows are bid...