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作者：Garrette, Bernard; Castaner, Xavier; Dussauge, Pierre
作者单位：Hautes Etudes Commerciales (HEC) Paris; University of Lausanne
摘要：This study investigates why firms choose to undertake product expansion through alliances with competitors rather than on their own. We highlight product heterogeneity, as a determinant of this make or ally choice. We propose that firms turn to horizontal alliances in order to implement product expansion projects that require greater resources than those available to them. More precisely, we hypothesize that a firm. is more likely to launch a new product through a horizontal alliance rather th...
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作者：Jonsson, Stefan; Regner, Patrick
作者单位：Uppsala University; Stockholm School of Economics
摘要：Imperfectly imitable resources are central in contemporary analysis of sustainable competitive advantage. While prior work has focused on limitations on the ability to imitate, we argue that it is only a third step in an imitation procedure that also involves the identification of what to imitate and the willingness to imitate. In this study we focus on this last step of unwillingness to imitate due to institutionalized professional norms on product appropriateness. Drawing on institutional th...
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作者：Henkel, Joachim
作者单位：Technical University of Munich
摘要：The concept of risk is central to strategy research and practice. Yet, the expected positive association between risk and return, familiar from financial markets, is elusive. Measuring risk as the variance of a series of accounting-based returns, Bowman obtained the puzzling result of a negative association between risk and mean return. This finding, known as the Bowman paradox, has spawned a remarkable number of publications, and various explanations have been suggested. The present study con...
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作者：Lin, Zhiang (John); Peng, Mike W.; Yang, Haibin; Sun, Sunny Li
作者单位：University of Texas System; University of Texas Dallas; City University of Hong Kong
摘要：What drives mergers and acquisitions (M&As) in different intsitutional environments? This article builds on the resource dependence perspective and argues that networks, learning, and institutions represent three building blocks that can enhance our understanding of the drivers behind M&As. Specifically, we consider firms as learning actors embedded in network relations and influenced by institutional development, and compare and contrast firms' acquisition activities across the United States ...
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作者：Wang, Heli C.; He, Jinyu; Mahoney, Joseph T.
作者单位：Hong Kong University of Science & Technology; University of Illinois System; University of Illinois Urbana-Champaign
摘要：The resource-based view of the firm emphasizes the role of firm-specific resources, especially firm-specific knowledge resources, in helping a firm to achieve sustainable competitive advantage. However, the deployment of firm-specific knowledge often requires key employees to make specialized human capital in vestments that are not easily redeployable to other settings. Thus, ill the absence of effective safeguards and trust building devices, employees with foresight may be reluctant to make s...
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作者：Aggarwal, Vikas A.; Hsu, David H.
作者单位：University of Pennsylvania
摘要：This study empirically examines the determinants of heterogeneous firm-level cooperative R&D commercialization strategies. While the volume of interfirm collaboration has increased dramatically in recent decades, the determinants of firm-level choices among alternate modes of such cooperative activity remain relatively understudied. We develop a conceptual model of factors determining collaborative mode choice at the organizational portfolio level. These factors include the firm-level appropri...
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作者：Choi, Jaepil; Wang, Heli
作者单位：Hong Kong University of Science & Technology
摘要：We examine the effect of a firm's relations with its nonfinancial stakeholders, including its employees, suppliers, customers, and communities, on the persistence of both superior and inferior financial performance. In particular, integrating and extending the resource-based view of the firm and stakeholder management literatures, we develop the arguments that good stakeholder relations not only enable a firm with superior financial performance to sustain its competitive advantage for a longer...
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作者：Levitas, Edward; McFadyen, M. Ann
作者单位：University of Wisconsin System; University of Wisconsin Milwaukee; University of Texas System; University of Texas Arlington
摘要：The effective holding awl management of liquid assets is critical to success in research-intensive industries. The primary output of invention is new knowledge. However, because of its 'sticky' characteristics, knowledge may not easily diffuse to external shareholders, leading to knowledge assymetries between managers/employees and external suppliers of capital. Main, valuable R&D projects may thus fail to attract external financing, limiting a firm's ability to invest in R&D. In this study, w...
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作者：Kacperczyk, Aleksandra
作者单位：University of Michigan System; University of Michigan
摘要：Using takeover protection as an indicator of corporate governance, this study examines how an exogenous shift in power from shareholders to managers affects corporate attention to non-shareholding stakeholders. Two competing hypotheses are entertained. The shareholder view predicts that stronger takeover protection will lead to a decrease in corporate attention to shareholders and non-shareholding stakeholders alike, as managers divert resources from shareholders to the pursuit of their privat...
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作者：Miller, Kent D.; Fabian, Frances; Lin, Shu-Jou
作者单位：Michigan State University; Michigan State University's Broad College of Business; University of Memphis; Chang Gung University
摘要：This study examines the participation of firms in online communities as a means to enhance demand their products. We begin with theoretical arguments and then develop a simulation model to illustrate how demand evolves as a function of interpersonal communication and a firm's chosen strategy. In this model. the firm's strategy involves allocating advocates who promote its product in online communities. Our model results point to some key parameters informing firms, strategies when social learn...
